Think I totalled my 2005 E55 today
MBWorld Fanatic!
Joined: May 2009
Posts: 1,044
Likes: 2
211-55
I see nothing wrong with sticking it to a bunch of crooks. All we do is pay premiums every single month and then something happens where a claim is filed and the insurance scumbags make you jump through hoops and lowball you AND raise your rates. How does that make sense ? I say screw the insurance company for every red cent you possible can - casue guess why ?? THEY WOULD DO IT TO YOU IN A HEARTBEAT.
MBWorld Fanatic!
Joined: Dec 2006
Posts: 1,311
Likes: 4
CLK63 Black Series
Wow, that looks pretty bad but I'm glad to hear that you made it out alright.
If it were me I would tell the adjuster that aftermarket parts are unacceptable and speak with an attorney if you have to. I'm not sure about the laws in your state but in mine they are liable for any modifications you had on your vehicle. I had a fender bender in the past in my Corvette where the other person was at fault and aftermarket parts were damaged and they were replaced. I would also present the adjuster with a list of aftermarket parts with receipts if you have them as well as the Chrysler warranty information so that you can be reimbursed if they total the vehicle. Good luck!
If it were me I would tell the adjuster that aftermarket parts are unacceptable and speak with an attorney if you have to. I'm not sure about the laws in your state but in mine they are liable for any modifications you had on your vehicle. I had a fender bender in the past in my Corvette where the other person was at fault and aftermarket parts were damaged and they were replaced. I would also present the adjuster with a list of aftermarket parts with receipts if you have them as well as the Chrysler warranty information so that you can be reimbursed if they total the vehicle. Good luck!
Thread Starter
Senior Member
Joined: Sep 2006
Posts: 373
Likes: 1
CL65
What is bad is that my insurance broker is trying to convince me that I should take the other parts. I used to have MetLife Insurance but have changed to Montgomery. My insurance broker deals with both of these companies and it just so happens that the old guy with the Lexus is their customer also. I have still not talked to the MetLife agent and they don't seem to be in any hurry to talk with me.
My broker keeps telling me that it will be Montgomery that pays until it is settled with MetLife. I told her that I didn't want my insurance paying for anything. She kept acting as if I didn't understand how the system worked.
Maybe I'm living in the past, but the way I see it, the old guy was at fault and did damage to my vehicle. In my opinion, my vehicle should be put back to as close condition as possible to the way it was or I should be reimbursed for my loss and the old guy or "his" insurance should pay, not mine. I think I may have a conflict of interest with a broker that deals with both companies and represents both parties.
My broker keeps telling me that it will be Montgomery that pays until it is settled with MetLife. I told her that I didn't want my insurance paying for anything. She kept acting as if I didn't understand how the system worked.
Maybe I'm living in the past, but the way I see it, the old guy was at fault and did damage to my vehicle. In my opinion, my vehicle should be put back to as close condition as possible to the way it was or I should be reimbursed for my loss and the old guy or "his" insurance should pay, not mine. I think I may have a conflict of interest with a broker that deals with both companies and represents both parties.
MBWorld Fanatic!
Joined: Dec 2008
Posts: 7,217
Likes: 6
3-five-five/ TUNDRA/ 07 997 cab
I think it is pretty normal for your insurance company to pay the bill and then deal with the other insured for reimbursment. In your case though, since your insurance companies are in bed together, that makes it a little odd.
Thread Starter
Senior Member
Joined: Sep 2006
Posts: 373
Likes: 1
CL65
I finally got a call for the insurance company about the value of my car. They figure it is worth $29K and change. The guy at the body shop had previously come up with a value or $34K.
I'm not sure what I can do to get them to raise the value, as they acted like it would not be negotiable. I've looked at other cars on ebay and Autotrader but none of the cars I see are like mine. Some of the 2005s are asking low 30s in the ads but with fewer options. I had every option except for Distronic, phone, and TPM. Also I had all the Renntech stuff on the car. My car was mint with no scratches or dings.
I could get a lawyer but the lawyer would take anything extra. I wish they would just fix the car. The estimate to fix is around $24K. I still have the Chrysler warranty to 100,000 miles. How do I go about renegotiating the final payout for the car with the Insurance company.
I'm not sure what I can do to get them to raise the value, as they acted like it would not be negotiable. I've looked at other cars on ebay and Autotrader but none of the cars I see are like mine. Some of the 2005s are asking low 30s in the ads but with fewer options. I had every option except for Distronic, phone, and TPM. Also I had all the Renntech stuff on the car. My car was mint with no scratches or dings.
I could get a lawyer but the lawyer would take anything extra. I wish they would just fix the car. The estimate to fix is around $24K. I still have the Chrysler warranty to 100,000 miles. How do I go about renegotiating the final payout for the car with the Insurance company.
MBWorld Fanatic!
Joined: Jan 2011
Posts: 2,127
Likes: 4
From: Chicagoland
AMG
tell them about your options, and mods and dont get pushed around. be firm with them on the matter. also bring up how your car was pristine and also mention the going prices for similar models.
MBWorld Fanatic!
Joined: Nov 2008
Posts: 1,670
Likes: 13
2006 E55, 2012 Bentley Continental Supersports Convertible, 2014 Kia Sorento SXL AWD
Unfortunately, emoving is correct on this. Mods mean absolutely nothing unless you have additional waivers for them... Sorry to hear this has been such a battle!
MB World Stories
The Best of Mercedes & AMG
Manual Mercedes? 6 Times Sindelfingen Let Drivers Have All The Fun
Verdad Gallardo
Mercedes SLR McLaren 722 S Is Extremely Rare Example Modified by McLaren
Verdad Gallardo
8 Classic Boxy Mercedes Designs That Have Aged Like Fine Wine
Verdad Gallardo
Flawlessly Restored Mercedes 190E Evo II Heads to Auction
Verdad Gallardo
Electric Mercedes C-Class Unveiled: 11 Things You Need to Know
Verdad Gallardo
Mercedes EQS Gets A Major Update: Everything You Need to Know
Verdad Gallardo
5 Underrated Mercedes-Benz Models That Don't Get the Love They Deserve
Verdad Gallardo
Mercedes 300D Has Pushed Well Past 1 Million Miles and It Ain't Stopping
Verdad Gallardo
10 Most Reliable Mercedes-Benz Models You Can Buy Used
Verdad Gallardo
MBWorld Fanatic!
Joined: Feb 2005
Posts: 1,728
Likes: 3
From: Atlanta
CTSV/6sp Grocery Getter
MBWorld Fanatic!
Joined: Jan 2009
Posts: 3,182
Likes: 15
From: Northern VA
W211
i'd go where your car is and take as many parts off that you can, since you still do legally own the car and its ont the insurance's yet.
sorry for the headache that was caused by another driver and not your fault. Sometimes i wonder if i should mod my car out to the max and have someone hit me or cut in front of me and i lose it all cause of the insurance
sorry for the headache that was caused by another driver and not your fault. Sometimes i wonder if i should mod my car out to the max and have someone hit me or cut in front of me and i lose it all cause of the insurance
Thread Starter
Senior Member
Joined: Sep 2006
Posts: 373
Likes: 1
CL65
Thanks for the support. I can remove the mods since I still have the factory parts to replace them. I don't think the ECU which was programmed by Renntech will work on another 55.
Anyone got any good comparables that might help? Most of the ones I see listed are in the 29K to 33K range but with higher mileage and not optioned as well as mine. If I could get a few thou more from the insurance company I would purchase the salvage and fix it.
If I decide to sell any parts I will post here but at this point nothing is decided.
What happened to the time when the driver at fault had to replace your car with a similar one or give you the true value of your vehicle. This guy caused the wreck but I'm going to be out more than $10K minimum.
Anyone got any good comparables that might help? Most of the ones I see listed are in the 29K to 33K range but with higher mileage and not optioned as well as mine. If I could get a few thou more from the insurance company I would purchase the salvage and fix it.
If I decide to sell any parts I will post here but at this point nothing is decided.
What happened to the time when the driver at fault had to replace your car with a similar one or give you the true value of your vehicle. This guy caused the wreck but I'm going to be out more than $10K minimum.
Thread Starter
Senior Member
Joined: Sep 2006
Posts: 373
Likes: 1
CL65
What is so hard to figure out? How to hire a lawyer, pay their fee and end up with a better settlement after subtracting the legal fees.
There are no local values in my area for similar cars. If I could find cars for sale which are similar with a higher sale price it might help. I'm going to see if my dealer can come up with a value for me of a similar equipped low mileage CPO.
There are no local values in my area for similar cars. If I could find cars for sale which are similar with a higher sale price it might help. I'm going to see if my dealer can come up with a value for me of a similar equipped low mileage CPO.
MBWorld Fanatic!
Joined: Dec 2008
Posts: 7,217
Likes: 6
3-five-five/ TUNDRA/ 07 997 cab
What is so hard to figure out? How to hire a lawyer, pay their fee and end up with a better settlement after subtracting the legal fees.
There are no local values in my area for similar cars. If I could find cars for sale which are similar with a higher sale price it might help. I'm going to see if my dealer can come up with a value for me of a similar equipped low mileage CPO.
There are no local values in my area for similar cars. If I could find cars for sale which are similar with a higher sale price it might help. I'm going to see if my dealer can come up with a value for me of a similar equipped low mileage CPO.
Senior Member
Joined: May 2009
Posts: 314
Likes: 0
04 e55
What is so hard to figure out? How to hire a lawyer, pay their fee and end up with a better settlement after subtracting the legal fees.
There are no local values in my area for similar cars. If I could find cars for sale which are similar with a higher sale price it might help. I'm going to see if my dealer can come up with a value for me of a similar equipped low mileage CPO.
There are no local values in my area for similar cars. If I could find cars for sale which are similar with a higher sale price it might help. I'm going to see if my dealer can come up with a value for me of a similar equipped low mileage CPO.
https://mbworld.org/forums/mercedes-...ll-sale-3.html
MBWorld Fanatic!
Joined: Jan 2009
Posts: 3,182
Likes: 15
From: Northern VA
W211
Def get a lawyer. My sister years ago bought a car new and less than 6 months later, a cargo van rear ended her car in the rain. Caused $9k in repairs. She got a lawyer for missed work, pain/suffering, and the lawyer made $4k and she got $3k which the insurance company settled. She wanted the car totalled, but the guy's insurance wouldn't. Who wanted a basically brand new car repaired?? I sure wouldn't.
MBWorld Fanatic!
Joined: Apr 2007
Posts: 6,171
Likes: 16
300E a couple 1994 w124wagon E320 Wagon/,1971MGB Track/Rally, MG Midget Autocross ,2000 E320 wagon.
Don't know where you are located
but if there are not a lot of 05 E55's in your market you can pull comps
from other regions and give the ins. the highest five examples. Get dealer prices as they are almost always highest.
Then you add on the cost of any custom mods. That is ins co. policy on additions such as yours.
A cpo warranty can be prorated and add that value to your demand.
Then they will add on sales tax and fees to the check written.
You don't want that car fixed it would never be right and would have no joy for you.
Don't involve a lawyer unless you have medical issues from the accident.
Stand you ground. Their insured is at fault and if you firmly push back they will write the check for the highest amount.
Then go buy a nicer one and still have change left over.
Remove sentimental value from the valuation it is standing in your way.
I wish you well
from other regions and give the ins. the highest five examples. Get dealer prices as they are almost always highest.
Then you add on the cost of any custom mods. That is ins co. policy on additions such as yours.
A cpo warranty can be prorated and add that value to your demand.
Then they will add on sales tax and fees to the check written.
You don't want that car fixed it would never be right and would have no joy for you.
Don't involve a lawyer unless you have medical issues from the accident.
Stand you ground. Their insured is at fault and if you firmly push back they will write the check for the highest amount.
Then go buy a nicer one and still have change left over.
Remove sentimental value from the valuation it is standing in your way.
I wish you well
Last edited by ohlord; Feb 9, 2011 at 11:56 AM.
Thread Starter
Senior Member
Joined: Sep 2006
Posts: 373
Likes: 1
CL65
Thanks for the advice ohlord, I have been doing some info collecting today. I didn't think about getting the price for a prorated cpo warranty. I found three 2005s ranging in price from 34K to 38K and I threw in a couple of 2006 models which were closer in mileage and options to my car.
I am friends with my Mercedes service advisor and he also told me I probably would not be happy if I had the car fixed. My guy at the body shop told me I should get some comps to give to the insurance company. I have a copy of the original factory window sticker I am also going to send along to show that my car was better optioned than any of the comps I am using. My dealer is also going to get me an estimate to remove and reinstall the mods from my car to another car.
emoving, your advice may also be good but if I can manage without a lawyer I will.
Thanks again. If anyone has a link to a good comp let me know.
I am friends with my Mercedes service advisor and he also told me I probably would not be happy if I had the car fixed. My guy at the body shop told me I should get some comps to give to the insurance company. I have a copy of the original factory window sticker I am also going to send along to show that my car was better optioned than any of the comps I am using. My dealer is also going to get me an estimate to remove and reinstall the mods from my car to another car.
emoving, your advice may also be good but if I can manage without a lawyer I will.
Thanks again. If anyone has a link to a good comp let me know.
