Oops. Totalled G37
02-03-2011, 06:47 PM
#16
I feel for your loss man but even if you brought it up in court I don't think you would receive anything. Its like saying that you only want to buy the car now because you know you would receive extra cash in doing so.
I'm not sure if this is an applicable example but its like saying that you were going to do something but never got around to it. And now you can't do it anymore and you're missing out big time and wishing you did.
Just remember that you don't own the car. Infiniti does. Value of the car and payoff are 2 different things. Look on the flip side, say if you owed more than the car is worth, then what would you do?
I'm not sure if this is an applicable example but its like saying that you were going to do something but never got around to it. And now you can't do it anymore and you're missing out big time and wishing you did.
Just remember that you don't own the car. Infiniti does. Value of the car and payoff are 2 different things. Look on the flip side, say if you owed more than the car is worth, then what would you do?
02-03-2011, 08:08 PM
#17
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Its like saying that you only want to buy the car now because you know you would receive extra cash in doing so.
I'm not sure if this is an applicable example but its like saying that you were going to do something but never got around to it. And now you can't do it anymore and you're missing out big time and wishing you did.
I'm not sure if this is an applicable example but its like saying that you were going to do something but never got around to it. And now you can't do it anymore and you're missing out big time and wishing you did.
If you were planning on owning the vehicle one day, you should have just financed it, instead of leasing it.
02-03-2011, 08:48 PM
#18
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Be glad you are alive and barely hurt. You have a new car and it is time to enjoy and move on. If you were that upset, you should not have bought another Infiniti.
Ian B
Hope your ins rates don't go up too much.
Ian B
Hope your ins rates don't go up too much.
02-03-2011, 09:24 PM
#19
Registered Member
On the bright side you're not laying in a hospital bed racking up medical bills man. On another note, a 2008 G37 is worth 37K? Dealers aren't even close to selling it for that much.
02-03-2011, 09:29 PM
#20
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Lots of idiot driver out there, and lots of ways for people to get screwed even when it's not their fault. I've been in a few fender benders before and all of them ended up being my fault despite the other person being a complete retard. After trying my hardest to find a reasonable insurance rate, I am currently paying nearly $1900 a year for coverage. It sux, but life goes on. Glad to hear you're okay.
02-03-2011, 10:11 PM
#21
Registered Member
Lots of idiot driver out there, and lots of ways for people to get screwed even when it's not their fault. I've been in a few fender benders before and all of them ended up being my fault despite the other person being a complete retard. After trying my hardest to find a reasonable insurance rate, I am currently paying nearly $1900 a year for coverage. It sux, but life goes on. Glad to hear you're okay.
02-03-2011, 10:25 PM
#22
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Exactly. A dealer will offer maybe 23k for a mint low mileage 08 G37S trade-in and try and sell it for 30k. No insurance company would ever pay off 37k for that car, not even for a totaled brand new 2011, no way in hell.
02-03-2011, 11:25 PM
#24
Registered User
Yep my 08 had a 31500 asking price but I managed to bring it down to 26999. And I'm in Hawaii where everything is marked up. In te mainland I would not pay more than 25k for an used 08S.
02-04-2011, 03:26 AM
#26
Administrator
Ouch that must've hurt
Glad you're ok man
Glad you're ok man
02-04-2011, 06:45 AM
#27
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Sorry to here, if your rate going up anyway maybe you can sue your ins. co. When i totalled my 05 we sue for my wifes injuries and got $50,000 plus med. bills it all depends on your policy.
02-04-2011, 11:54 AM
#29
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Well,
Been a while since I posted here...but I totalled my 2008 G37 about 2 weeks ago.
Was making a left turn onto my street...about 10 yard from my house, after a short game of golf. Waited about 2 minutes for traffic to clear, and then proceeded to make my left turn (unprotected left turn). Next thing I know...BAM! Anyway - the other driver didn't have his lights on - but the police can't prove, insurance won't fight it. My fault.
Anyway - the most Poo Poo part about it...the Payoff Amount on the lease (Did I say it was a lease?) was only about $29k. The insurance valuated my car at $37k...nice, right? Not so much. Infiniti gets to reap all of the rewards. I just get to suffer from Neck and Back Pain while Infiniti exec's enjoy a nice weekend on my insurance company - and I get to pay it back over hiked up rates for the next few years. Lovely.
Sad to see the G37 go, pissed that Infiniti gets the laugh on me.
Been a while since I posted here...but I totalled my 2008 G37 about 2 weeks ago.
Was making a left turn onto my street...about 10 yard from my house, after a short game of golf. Waited about 2 minutes for traffic to clear, and then proceeded to make my left turn (unprotected left turn). Next thing I know...BAM! Anyway - the other driver didn't have his lights on - but the police can't prove, insurance won't fight it. My fault.
Anyway - the most Poo Poo part about it...the Payoff Amount on the lease (Did I say it was a lease?) was only about $29k. The insurance valuated my car at $37k...nice, right? Not so much. Infiniti gets to reap all of the rewards. I just get to suffer from Neck and Back Pain while Infiniti exec's enjoy a nice weekend on my insurance company - and I get to pay it back over hiked up rates for the next few years. Lovely.
Sad to see the G37 go, pissed that Infiniti gets the laugh on me.
Due to work I stayed 1 extra day after evacuation recommendation and woke to 2 feet of water outside. I barely made it out and returned 3 weeks later to find there was 14 feet of water where my G was parked.
02-04-2011, 12:00 PM
#30
In layman's terms, a lease works this way.
IFS (Infiniti Financial Services) is purchasing the vehicle from the dealer, and you are renting it from them. Therefore, is the car is totalled, any potential loss or gain is theirs because the car belong to them.
If the car were to be worth 20k and the payoff were 29k, would you expect to pay the 9k difference? No.
On a side note, EVERY lender gets GAP insurance on a lease. I wonder why that is...
IFS (Infiniti Financial Services) is purchasing the vehicle from the dealer, and you are renting it from them. Therefore, is the car is totalled, any potential loss or gain is theirs because the car belong to them.
If the car were to be worth 20k and the payoff were 29k, would you expect to pay the 9k difference? No.
On a side note, EVERY lender gets GAP insurance on a lease. I wonder why that is...