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Car Forum / Ford / Ford Mustang / August 2003

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Modding Costs: It aint the Ante that breaks ya..

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Backyard Mechanic - 29 Aug 2003 18:18 GMT
It's the Raises.

Found this while looking for something else.

http://members.cox.net/fhurderjr/miscellaneous.htm

Even tho it's an SHO, I think it's on-topic
Jim S. - 29 Aug 2003 19:16 GMT
Do you see his accident page? I like this part:

"The problem is that the insurance company wants to give me
book value for the 95 SHO, and aside from the fact that I
owe more than that on the auto loan, I have approximately
$40,000 into the car beyond the value. "

So, he has $40,000 to modify the car with but not enough to pay off the
loan?

> It's the Raises.
>
[quoted text clipped - 3 lines]
>
> Even tho it's an SHO, I think it's on-topic
defeated - 30 Aug 2003 00:24 GMT
> Do you see his accident page? I like this part:
>
[quoted text clipped - 5 lines]
> So, he has $40,000 to modify the car with but not enough to pay off the
> loan?

Regardless of whether or not the SHO owner was smart with his money,
it's still a bitch that he could be out his car and the actual time
and money it took to build that car just because of another driver
screwed up.  As someone who has poured more money into older cars than
they were worth in terms of book value just because I like them, I can
sympathize.  I wonder if anyone in a similar situation has
successfully sued the offending driver and won a judgement to cover
the actual cost of the total car?

~angela
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