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DML25

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I just realized its a tech too. Why is it Californians will settle to pay so much?
 

SHELBY GT350R

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That car could've gotten total because it wasn't his the previous owners fault. The insurance company probably didn't want a fight on their hands. If it went to auction and sold for $40k that's probably a wash with repair costs.
 

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FPCV8YO

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I just realized its a tech too. Why is it Californians will settle to pay so much?
Let's not confuse asking price with selling price.
 

lemers

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krt22

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Not really, Ive been following the ADMs locally and the ones with really crazy markups didnt move the cars, most it seems were eventually sold for much lower than originally asked.

A lot of speculators/flippers fall into the trap and will end up losing their ass on it (same goes for the dealers that bought other allocations for a decent ADM)
 

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geb78

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I thought to total a car the repairs generally need to be in excess of 50% of the value of a car?
 

krt22

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Each insurance company uses their own set of conditions, the end goal is to minimize cash out of pocket for the insurance company In this case pay out-auction value may have been better than repair
 

seth21w

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This ought to be interesting to see how it pans out. I wish them nothing but the best on this sale but based on the ad, this seller might be in for a bit of an awakening.
It will be on craigslist next year and he will repost every week. Craigslist has become nothing but flippers posting as owners but are dealers in disguise. I used to find deals when craigslist first come out but now it's rediculous what people ask for there cars, most are higher than autotrader so that's where I buy from now. I see used 15 gts higher on Craigslist than what it was new. Auto trader same on S550 so that's why I bought my 16 new found on autotrader just checked 8 cyl manual trans within 100 miles price lowest first and my baby showed up first lol...
 

firestarter2

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Not really, Ive been following the ADMs locally and the ones with really crazy markups didnt move the cars, most it seems were eventually sold for much lower than originally asked.

A lot of speculators/flippers fall into the trap and will end up losing their ass on it (same goes for the dealers that bought other allocations for a decent ADM)
I feel bad for the people who where tricked into paying ADM then try to sell their car fit y over msrp used
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