95 525i deemed a total loss.... help

[blkspruce]

I need some advice.

I have been coming here and receiving excellent information on repair and maintenance since I purchased my car a year and a half ago. I bought it with 86000 miles, now have 111000 and the car is unstopable.... until my wife was rear ended.

The insurance company deemed it as a total loss and offered me $7350 for it or, I can buy it and they will give me $6200. Now, the car drives exactly as it did before. The bumper needs replaced, exhaust replaced or just new gaskets and there is a minor fold in the left rear drivers quarter. There is absolutely no structural damage.

I need to know as soon as possible what you all would do. Keep it and drive or replace with another. Thank you in advance

[fkong777]

to fix rear qt panel properly would take about $3000-4000. you can get a used bumper and Exhaust work is cheap. Just go to a muffler shop.

does the trunk close properly?

[blkspruce]

Trunk closes with no problem. For $1000, it is a very good looking car. I am not so worried bout the fold, it is very un noticeable

[TC535i]

I say keep it and flip it for parts, or fix it on the cheap and do something else with the $$.

[brosher]

I'd take the money and run! You can buy another fine E34 and have some $$ left over.

If you do want to fix, it cost me about $500 for a used bumper cover and to get it resprayed. You'll also have to find new bumper shocks and the little plastic mounting stuff that prob broke. Best bet is to find someone parting their car and get everything at once.

You can also check car-part.com for bumpers.

[swenpro]

Take the $$$! $7350 can buy you a 540/6 like this!

Just my $0.02

[filip00]

wait, do you have an option to keep the car and get the money for repair? how much money would they offer you then?

[blkspruce]

Not the money for repair. I would get $6200 and a car that needs help. Or, I would get $7300 and no car

[632 Regal]

dude take the 6200.00 and drive on til you find another then part out the current car and make a profit.

Not the money for repair. I would get $6200 and a car that needs help. Or, I would get $7300 and no car

[filip00]

Not the money for repair. I would get $6200 and a car that needs help. Or, I would get $7300 and no car

then what's the doubt!? you can repair your car for well under $3000 (here in croatia under 2000), and keep the rest for yourself!