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Old 11-14-2012, 03:42 PM   #35
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Join Date: Oct 2007
Location: SW Michigan
Posts: 802
My Ride: '99 323i & '00 323iT
Originally Posted by NOVAbimmer View Post
They would get to keep anything they pay you for, though.
That much I expected. Just know a young guy down the street who has with a 24 yr old car with loads of body mods, a $8K paint job, $6k (excluding labor) under the hood, $4K interior, fancy wheels, plus, plus, plus... The "book" value is probably $500, but that wouldn't even buy the paint in the event of a fender-bender.

It's been featured in enthusiast sites and is, obviously, primarily "show" car, but he does drive it at least weekly in the summer. He doesn't carry collision or comp, because, he says, his company doesn't know what to do with it. (He may just be practicing false economy.) I've wondered what would happen in a fender-bender, never mind something more dramatic.
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