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Discussion Starter #1
On Friday, my '89 LTD wagon was caught by a rice car that didn't pay attention or notice stoplights. My driver has a 5.0 liter (302 cu. inch) EFI engine with AOD.

There is no question that the other driver was at fault. I bought the car (factory order) and just last year had the engine replaced with a rebuilt. Therefore, the 5.0 liter has about 10K miles on it. Do I get the car fixed or do I pull the engine and tranny for a future swap into a Pony, and trash the shell?

I got an estimate today for the repairs. About $2,100. dollars.

Inquiring minds want to know.
 

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I had 85 Merc that had 100k miles. Hit left front into guardrail (all my accidents (4 and counting) whether my fault or not are left front). Now I wish I had kept the engine and AOD. How good repair is that 2100USD? Like new or just the essentials to get car running? How much will the ricer pay you? Hmm, what I would like to do if I were you. I would take the just money from ricer's coverage and do the simplest to get LTD on the road. Then I would have a running engine and tranny stand.

Door handle first when cornering
 

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Hum, not sure how much the car is worth, but they usually will total them at around if repairs exceed 60-80% of the value... Theres a few different options, but they are all dependant on whether or not it is totaled, so let us know what happens and I'll toss in my 2 cents what I would do.

-Jason

'72 Mach 1 || '90 Talon TSi AWD
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"Thats not a leak, my car's marking its territory!"
"If you've done it, it ain't braggin'." -Roy Rogers
 
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89 LTD Wagon with $2100 damage would be a border line case that would be close to the 80% mark for a total.
You would of course have increased the value by having the new motor so bring that to the attention of the adjuster.Now if they decide its a total you can buy it from them at salvage value. Salvage value here in NY would be an average of what 3 salvage companies would pay to buy it from them. That is usually less than they want you to pay them to keep your car. So be prepared with values from a few salvage operators to counter with.
The last time that happened to me their offer was $1300 for me to buy my Escort back from them after the total, Armed with counter offers from salvage companies I got it for $500

Greg B
 
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There are rebuilt motors and then there are rebuilt motors. I think that your LTD wagon
is probably the part that is worth something. If you ordered it new it probably means more
to you than the motor. It was worth a new motor 10 K. ago. I would think fixed it would
better than a rebuilt motor leaking fluid in the corner of the garage. I vote fix the wagon.
(remember those Iowa class wagons are getting very rare)
jimbo

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Discussion Starter #6
I still haven't heard from the adjuster so I don't know what their position will be. However when I got the quote for the repairs, I mentioned I was wondering if it might be considered "totaled". The guy giving me the estimate said that his program would automatically flag that if it were so. He thought that I was probably $600 dollars or so away from that threshold. That is probably about right. NADA shows it with a retail range of $2050 to $3,775. Kelly Blue Book is a bit higher with their top range being $4,135.

Another thought was repairs, either minimum by me or by body shop with the Ricer paying, and let my second son have it for a driver. As another said those Iowa class cruisers are becoming more rare all the time, and I like the idea of a young driver having plenty of steel protection. The spacious interior would be welcomed. He is only 16, but is 6'3" and weighs 225#. Unfortunately, he enjoys football more than working on cars.

Hmmmm!! Come to think of it I used to enjoy driving my parents station wagon when I was young and dating! ;-)
 
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