Originally Posted by Snarky
Since you're the only one that bit. 3500$ is a reasonable number. My estimate of 1500$ or so is a reasonable number. 50$ is low balling it, but would get it back on the road.
HOWEVER. Between the BMW Service Manager and my Claims adjuster, they came up with the sum of.... $11,000.
$11,000... The only way I can figure that they came up with this number is that they chose to replace every single scratched part. Insane! I haven't gotten the itemized invoice yet, but I can't wait. I'm assume almost none of it was engine related. The one thing I do know is, that my scuffed final drive and front rim? Yeah, they are replacing them... WTF?
They've already okayed it, and getting ready to cut the check minus my 300$ deductible, and the bike will be back in ~2 weeks-ish.
If it's financed, I'm pretty sure that you are obligated to fix it like new since someone else technically owns it. The insurance company is obligated to make it like the accident never happened and the bank wants it that way in case you default on your loan.
If you're looking to profit, I believe you can get the damaged parts and can likely re-sell them, esp the final drive and rim. When someone hit my car I was able to salvage some cool parts that were damaged but still useable for other projects.