Quote:
Originally Posted by hsh4
Recently my parent's 1994 toyota camry has been written off by ICBC. The damages are very minor (just scratches and bumps on the door and front bumper). However, my parents really like the car. So I'm wondering if anyone tried asking dealers to purchase the car back from the ICBC car auctions?
|
Don't sign the release waiver yet. You still own the car until you sign it off to ICBC. Tell your adjuster that you want to purchase the salvage car back. They will give you a cheque for the market value, less the salvage value of the car. You will be responsible of towing it away from their lot if it's not driveable.
I did this about a year ago with a car I bought back to sell for parts, ended up getting a bit more return than what ICBC was offering as a settlement, even after negotiating the cash amount.
Good luck.