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Buy back cost on my truck???

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Old 08-10-2010, 05:17 PM   #1
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Buy back cost on my truck???

Does anyone have a clue on how much it will be to buy back my truck, when/If they descide to total it? thanks.
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Old 08-10-2010, 05:29 PM   #3
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The buyback is the estimated amount that the insurance company would yield in a salvage sale. Call a local salvage auction yard to get a quote. (Ie Copart, Adessa, IAA, ETC...) Usually about 11% of ACV.
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Old 08-10-2010, 05:51 PM   #4
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Quote:
Originally Posted by JasoTaco View Post


I'm also curious. Do you want to buy it back and fix it up for a daily driver or a dedicated rock crawler?
Nah, just ganna buy it back and then strip the parts. And sell them seperate. then my buddy is ganna buy the truck from me and fix it.
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Old 08-10-2010, 05:56 PM   #5
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well im not sure if this will help but i have bought two salvage tacos. first one was a 99 ext cab. non-trd 3.4 4x4 5spd bone stock 118xxx for 3,900 from copart. fixed it then gave it to my father. then bought an other one, 01 taco 3.4 ext cab trd 5 spd lifted with super swammpers and magna flow exhaust 113xxx for 4,300. both had minor right front damage nothing big.
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Old 08-10-2010, 05:59 PM   #6
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But does the damage on the vehicle lower the cost of the salvaged vehicle?
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Old 08-10-2010, 06:02 PM   #7
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im sure it does, i believe they factor in how much it would cost to repair it to the base value....some how. i know that when bidding on a car the amount of damage totally changes everything.
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Old 08-10-2010, 06:03 PM   #8
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its usually 20% of the value of the vehicle.

I had a 03 hayabusa i got 8000 for. the buy back was 1,600.

I had an s10 totalled. i got 6500 buy back was 1,250.

Both with progressive insurance, not sure if it varies by ins. companies

Edit: Total loss on the busa (over 9000 in damage on paper).
4,800 worth of damage on the S10 (i bought back and fixed for $700 out of pocket).
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Old 08-10-2010, 06:09 PM   #9
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ok, well that helps. That means its ganna probably cost quite a bit to buy it back then. Gay!!
Everyone ive talked to, said the buy back would probably be like 1200. But no body knows the re-sale value of these trucks except Tacoma owners!
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Old 08-10-2010, 08:01 PM   #10
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Why does KBB only go back to 2005?
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Old 08-10-2010, 09:16 PM   #11
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huh.. it shouldnt. I was just on there and did my truck.
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Old 08-10-2010, 09:28 PM   #12
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so what you gonna get as a new vehicle?
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Old 08-11-2010, 07:03 AM   #13
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Quote:
Originally Posted by EverTaco23 View Post
huh.. it shouldnt. I was just on there and did my truck.
Had my head up my ass and doingit wrong thanks
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Old 08-11-2010, 07:32 AM   #14
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Quote:
Originally Posted by nelson18matt View Post
so what you gonna get as a new vehicle?
Im thinking about a 2nd gen. DB LB 4x4 TRD. I really need the extra bed space. I thaught about the Access Cab also. But for sure a 2nd gen.
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Old 08-11-2010, 07:48 AM   #15
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Quote:
Originally Posted by EverTaco23 View Post
Im thinking about a 2nd gen. DB LB 4x4 TRD. I really need the extra bed space. I thaught about the Access Cab also. But for sure a 2nd gen.
nice, at least your getting an upgrade out of this situation...
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Old 08-11-2010, 01:10 PM   #16
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I hope! still dont know if there ganna total it or not.... Stupid Claims adjuster wont call me back! I wantta get this done this week, not 2 weeks from now! So gay!
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Old 08-11-2010, 05:45 PM   #17
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so what kind of rental they got ya in?

jw..
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Old 08-11-2010, 06:45 PM   #18
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lol.. No rental. Im just barrowing my brothers little 2wd Mazda B3000 V6. Its a fun little truck. But nothing compared to my truck.
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