My maverick now has salvage surname.

[rlhdweman]

I think you did the right thing, you essentially have a Maverick now & it only cost you a couple grand, any competent body shop can pull out that bend, they could also beef up that area with some U channel & it would be good for a few more whacks in the rear, then fix the cosmetic damage & you can put some of that 20K in an IRA & splurge a little. You also no longer have to pay for expensive collision coverage, I think it's a windfall for you!

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[Mikeetch]

So the 40k offer would be to payoff your existing loan and the remainder would go to you?

 

[JimParker256]

I doubt you could get aftermarket warranty on a salvage-title vehicle without paying through the nose for it. Insurance companies have access to the same data that CarFax uses, and that VIN will be reported as having a Salvage Title (or perhaps a "Repaired from Salvage" title, if that's the case). Either way, they (and any potential future buyer who bothers to check CarFax) will know immediately.

 

[Deleted member 5352]

If it were me, I would've taken the $40K to use for another vehicle. However, if you wanted to use that for another Maverick, good luck finding one because new ones are virtually impossible to obtain and used ones are selling for more than new. As a result, the value proposition on them as they sit is absolutely terrible. It's great if you want to sell or trade one but horrible if you're the one buying it. If you enjoy the Maverick so much, you would have no choice but to use it for another vehicle entirely or if you want one bad enough, overpay for a used one but that's a bad idea.

 

[Bob The Builder]

My best friend in the 70's had two Firebirds in one. A Formula 400 front half and Esprit back half. Both Firebirds expertly cut in half, and both good halves welded back together for a perfect fit. It took a sharp eye and a long look to pick up anything. The car rode straight and true, hood, doors and trunk lid fit perfectly with consistent gaps. The guy knew what he was doing. As a joke he left the Formula 400 badging on the front and Esprit badging on the rear. The car ran like hell, it was fast and handled great for the year.

 

[ZLoY]

I guess it's too late for you, but for anyone else in this position, I think I would have taken the $40k and bought a Lariat from Carmax with less than 10k miles for $38k.

Then you have essentially the same vehicle with a clean title, the warranty, and an extra $2k. But that's just one guy's opinion.

I already have lariat. Maybe just lux package. Any way. I made my decision. I will stay with my maverick for now.

 

[ZLoY]

Seems like a bad call to not take the money and acquire another new Maverick to avoid all the future headaches you are sure to come across

I understand something less easily replaced (like when my dad’s Corvair collection was flood totaled during Harvey) but for a brand new vehicle that could benefit from a factory warranty?

Especially a hybrid

But that’s just my opinion and I feel bad about adding my opinion to yet another thread full of opinions
LOL

How many warranty issues you had in your car?

 

[ZLoY]

If it were me, I would've taken the $40K to use for another vehicle. However, if you wanted to use that for another Maverick, good luck finding one because new ones are virtually impossible to obtain and used ones are selling for more than new. As a result, the value proposition on them as they sit is absolutely terrible. It's great if you want to sell or trade one but horrible if you're the one buying it. If you enjoy the Maverick so much, you would have no choice but to use it for another vehicle entirely or if you want one bad enough, overpay for a used one but that's a bad idea.

Yes. I tried to find something, but didn't find any decided to have car and money.

 

[volksnuts]

How many warranty issues you had in your car?

This one none
My F150 had several
My Wife’s Bronco sport has had one so far (2500 miles in)
My Dad’s Maverick one big one

The F150 didn’t start showing any issues until around 30k miles
And that was an ecoboost motor that has been in use for multiple years (it was a 2019)
I’m not sure what it works out to costing you as I don’t know what you paid but if insurance was willing to pay out $15k more to get you a non-tainted vehicle I’m not really following the logic of keeping the salvage one

 

[RLmesc]

You a right. Many cars on the road have scratches outside and bent crumple zone inside, if it does not affect the geometry of the whole frame it is fine. Just the next accident in the same spot will be harder for the car and driver. The light is already fixed. I am driving the car as a salvage. So insurance removes comprehension and collision from coverage, but after I make a rebuilt title they will return coverage back. I decided to pay for the original as lol as body shop bought this part. Also, I paid for the assembly. Insurance paid for the disassembly.

First do not allow your insurance company to condemn the vehicle as a TOTAL loss. Offer to buy the vehicle for their salvage value but demand that they not report it as a total loss and advise them that you will cancel your policy if they do. They might not, if they do...Switch insurer, if the vehicle is repaired correctly, it is usually stronger in the crumple zone areas than the NOT repaired areas. Another insurance company could not care less (because of the odds that it will be rearended again are astronomical - you all know that insurance is like a casino gambling paradigm, right?) If you like the vehicle, fix it then trade it back in on a new order. Hell, I have seen body shops fix manufacturing errors, without any complaint. The BS has their name on that vehicle and you probably know the name of the person who actually fixed it, not like you'll see Pedro or Juan's name on it who assembled in in Hermasillo. 40 years in the insurance gambling system learned me a few hacks. FYI, it may not work every time for everyone but you have to be persistent.

 

[Bushpilot]

I think you did the right thing, you essentially have a Maverick now & it only cost you a couple grand, any competent body shop can pull out that bend, they could also beef up that area with some U channel & it would be good for a few more whacks in the rear, then fix the cosmetic damage & you can put some of that 20K in an IRA & splurge a little. You also no longer have to pay for expensive collision coverage, I think it's a windfall for you!

Exactly. I looked at this and thought, "Wow, in a heartbeat!"

 

[Bushpilot]

I’m not sure what it works out to costing you as I don’t know what you paid but if insurance was willing to pay out $15k more to get you a non-tainted vehicle I’m not really following the logic of keeping the salvage one

The logic is that in the end he will have the Maverick plus around $20k, instead of another Maverick and no cash.

 

[TomD]

I had a minor accident last year, Rear-end collision. After more than 4 months of waiting for parts, my car was declared a total loss.
The left frame rail was slightly bent in the crumple zone. Ford does not allow pulling or welding of this part. only replace. But replacement costs more than $26 000.
Insurance gives me 2 options, pay me 40k to buy a new car or pay me 25k and I will keep my car as salvage. I decided to take a risk and keep the car. Pulling this rail cost around 2k-3k. So I plan to fix and make a rebuilt title. My car has 6k miles. It is still new...
Damage on my Maverick in the attached picture. Watch your back! Easy to get a total loss.


P.S. I found many mavericks with a similar problem on Copart. This one is an example:
First edition.
https://www.copart.com/lot/44676343/2022-ford-maverick-xl-ri-exeter

Well now I know why my insurance cost went up after buying my Maverick

 

[ZLoY]

Well now I know why my insurance cost went up after buying my Maverick

Yes. After total, I will pay twice less for Maverick. But it is before rebuilt.

 

[JimParker256]

The logic is that in the end he will have the Maverick plus around $20k, instead of another Maverick and no cash.

So his first Maverick was free? I doubt that... He either paid cash or took out a loan. If he paid cash, he's getting back part of what he already paid for the truck. If he has a loan, that loan will need to be paid off before he's "free and clear."

Trust me, the insurance company isn't going to do anything that would "better" your position financially. The $40K offer was a reasonable attempt to give you "replacement value" for your vehicle, plus a little extra to pay for ancillary expensed in finding / purchasing a replacement (Maverick or otherwise). The "keep your vehicle and we'll give you $20K" offer was basically giving you the difference in the $40K minus the roughly $15K they think they could get (after expenses) if the sell the Maverick as a "parts truck"...

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