Jump to content


Welcome to Ultimate Subaru Message Board, my lurker friend!

Welcome to Ultimate Subaru Message Board, an unparalleled Subaru community full of the greatest Subaru gurus and modders on the planet! We offer technical information and discussion about all things Subaru, the best and most popular all wheel drive vehicles ever created.

We offer all this information for free to everyone, even lurkers like you! All we ask in return is that you sign up and give back some of what you get out - without our awesome registered users none of this would be possible! Plus, you get way more great stuff as a member! Lurk to lose, participate to WIN*!
  • Say hello and join the conversation
  • Subscribe to topics and forums to get automatic updates
  • Get your own profile and make new friends
  • Classifieds with all sorts of Subaru goodies
  • Photo hosting in our gallery
  • Meet other cool people with cool cars
Seriously, what are you waiting for? Make your life more fulfilling and join today! You and your Subaru won't regret it, we guarantee** it.

* The joy of participation and being generally awesome constitutes winning
** Not an actual guarantee, but seriously, you probably won't regret it!

Serving the Subaru Community since May 18th, 1998!

Guest Message by DevFuse
 

Photo
- - - - -

NEED input... what is my 87 GL worth?


  • Please log in to reply
13 replies to this topic

#1 Flowmastered87GL

Flowmastered87GL

    WCSS Drunk

  • Members
  • 6,119 posts
  • Portland, Oregon

Posted 01 November 2003 - 04:24 AM

Ok insurance wants to total out the car... I want to get all the money I can before I buy it back....

The car:

1987 Subaru GL 4WD 5 speed Dual range
Calmaster rims, 50% tread on tires, XT seats ($150 back when they were rare) $100 short shifer, 93K on engine (since birth.... 35K + 58K that ive put on it) NEW $385 redline/weber setup (about 10K on it), New freeflow exhaust system $400+, 10K on it)

The car has PS and Pm... no power windows or locks...

The interior is in pretty good shape, the paint is very shiny, it has a dent in the liftgate and a small dent in the rocker of the RR door.

Personally to me the car is worth $2000-2500

Oh ya... its rust free :banana:

#2 calebz

calebz

    Andys Coupe killed my cat

  • Administrator
  • 7,547 posts
  • Tacoma

Posted 01 November 2003 - 08:55 AM

they will probably lowball you at first.. when my 88 turbowagon got wrecked they told me they were only going to give ne $800 at first.. So I showed them a Kelley Blue Book statement that said it would cost $3650 to replace my car from a dealership. That was the high quote. Edmunds and NADA were lower, so we settled on $2400.. Keep in mind that this was an 88 GL-10 TurboWagon in good shape.

PS.. I bought the car back from them for $25:D

#3 BlueTrain

BlueTrain

    Subaru Fanatic!

  • Members
  • 477 posts
  • MisSOULa

Posted 01 November 2003 - 02:05 PM

well, i checked and the kelly blue book value is $1630 if in "good" condition... that seems kind of low though.. good luck with the insurance company...

#4 Flowmastered87GL

Flowmastered87GL

    WCSS Drunk

  • Members
  • 6,119 posts
  • Portland, Oregon

Posted 01 November 2003 - 04:21 PM

More to add:

It has new timing belts, plugs, wires.... basically a 60K service done to it.
Also has a $250 CB setup and a retrofitted Impreza tape deck (show em the dealer price on an impreza tape deck... that may change their mind....)

I figure a dealer would ask like 1500 for it, and with all the mods that could bump it up like 500-1000 depending on where you get em.

The odometer may read 274K, but in its heart the car is still 93,000 miles young :banana:

And a 1987 GL with 93K goes for $2685 :D

Other than occasional dieseling due to the weber, I feel it drives like a GL with 93K, so thats the number I am fighting for :brow:

#5 calebz

calebz

    Andys Coupe killed my cat

  • Administrator
  • 7,547 posts
  • Tacoma

Posted 01 November 2003 - 07:47 PM

The maintenance you have done is absolutely useless in figuring relative worth or market value in the eyes of an insurance company.. get printed retail quotes from www.kbb.com , www.edmunds.com and the nada manual.. if you don't know anyone with a current nada manual, go to the public library, they carry them, and its only 10 cents a copy. What you think the car is worth doesn't mean a damn thing to the insurance company. The only thing that matters is what those three sources say. I have been through this more times that you can imagine

#6 Caboobaroo

Caboobaroo

    USMB Drunk

  • Members
  • 6,880 posts
  • Oregon City

Posted 01 November 2003 - 08:59 PM

I must be out of the loop...You're GL got totalled????? When did this happen??:cornfuzz:

#7 Flowmastered87GL

Flowmastered87GL

    WCSS Drunk

  • Members
  • 6,119 posts
  • Portland, Oregon

Posted 02 November 2003 - 02:31 AM

the 28th.... its nowhere near as bad as calebs... the core support where the fender mounds looks to be back 1/4 inch.... I can fix that with a BFH... the bumper is bent... I can install andrews black bumper from his wagon and give him a white replacement (since Moon silver is IMPOSSIBLE to find for my car)

#8 Qman

Qman

    Happiness is... no lag!!

  • Moderator
  • 11,119 posts
  • Sumner

Posted 02 November 2003 - 10:49 AM

And since price is regional. You should find prices for cars that are near your in condition and gadgets. Then show them the prices(ads and dealer estimates). This will show what it will cost to replace it. Show every receipt you ever received and kept for the car. Then be prepared to meet in the middle somewhere.

#9 DerFahrer

DerFahrer

    Formerly subyluvr2212

  • Members
  • 2,411 posts
  • Orlando, FL

Posted 02 November 2003 - 02:02 PM

Originally posted by Qman
And since price is regional.



This is true. Up there in the NorthWest, Subarus really hold value...

Down here in FL, where no one cares :boohoo: that GL would be worth no more than $500 guaranteed...

#10 Flowmastered87GL

Flowmastered87GL

    WCSS Drunk

  • Members
  • 6,119 posts
  • Portland, Oregon

Posted 02 November 2003 - 02:10 PM

He he... I cant wait to see the looks on their faces when I show up with a bloated envelope that is now like an inch thick CRAMMED with receipts :D

#11 richierich

richierich

    Moderator

  • Moderator
  • 3,760 posts
  • Portland

Posted 02 November 2003 - 04:39 PM

I am afraid they are going to look in the 1000 or less, and see car with about the same mileage and go off of that. I am personally thinking probably in the 1500 range, they will say all of the stuff you have listed, motor, etc is maintance that any car needs. The lucky thing is that you can buy it back if it is worth it, and part it out or fix it. I have a 87 Grey parts wagon in my back yard.

#12 Flowmastered87GL

Flowmastered87GL

    WCSS Drunk

  • Members
  • 6,119 posts
  • Portland, Oregon

Posted 04 November 2003 - 02:43 AM

I am NEVER going to part out my car... I already bought the touch up paint to fix it ($6)... all I need is a BFH and bumper and I am set :D

Carr subaru said 1000-1500 is reasonable :D

#13 calebz

calebz

    Andys Coupe killed my cat

  • Administrator
  • 7,547 posts
  • Tacoma

Posted 04 November 2003 - 10:02 AM

Aren't you listening Mike?

Maintenance doesn't matter.
What the subaru dealership says doesn't matter unless they put it in writing. Even then it doesn't matter much unless they currently have an 87 GL wagon for sale to back up what they say.
Nothing matters excepts current printed copies of book values as described above and hard copies of local soobs for sale. All of this will be temporized by what the adjuster has to say. And it is his job to save the insurance company money.

Get your paperwork together. Do your homework. Or you will be in for a nasty surprise and all the friends and friendly dealerships in the world won't be able to help you.

After a quick look, Kelley Blue Book places your car at around $2000.. thats nice and all, but insurance companies tend to try to avoid using Kelley's figures. And here's why: Edmunds lists your car, at dealer retail price around $800. Thats probably the price the insurance company will give you unless you can prove its worth more.

#14 Flowmastered87GL

Flowmastered87GL

    WCSS Drunk

  • Members
  • 6,119 posts
  • Portland, Oregon

Posted 04 November 2003 - 05:16 PM

I have afew figures here...

86 GL wagon (low miles) $1950
86 DL 4WD 70K $2950
88 DL $1495

I also found my big envelope of receipts :D

I know I probably wont get a whole bunch, but I am still gonna try.




0 user(s) are reading this topic

0 members, 0 guests, 0 anonymous users