Originally Posted by
Civichik05
The car had aftermarket exhaust not even a week old yet and brand new tires with less than 300 miles on them I was just starting to put money into the car when this happened. The insurance company said that they cannot credit me for the exhaust or new tires because I never included them in my insurance. So I asked if I could pull those items off an replace it with the stock parts and they said yes so that worked out ok. I purchased GAP insurance when I got the loan so the car will be paid off in full I'm just lookin to get a lil extra for parts. I have pics I'll have to post them later.
Geico is full of shit. A new exhaust system and tires do add to the value of the car! Follow me on this. These are long term wear items, just like shock/struts. Brakes don't fall into this catagory because if the car has no brakes...
If you were looking at two cars, and one had a new exhaust and tires and the other did not, what car would
you buy? Look if you spent $500 in parts (the tires and exhaust system parts), it's rather common to pay 50% of this as added value, or an additional $250. This is the amount that this stuff adds to the car.
There is no rider for new tires or exhaust system items. Parts wear out and they need to be replaced. If you bought wheels, these would most likely be a trade off considering how much new OEM wheels cost.
If you pull the parts, I wouldn't replace the tires Let them drag the carcass, and when they want to know where the tires are, remind them that they aren't worth anything...
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Just another day in paradise!
1964 Studebaker Daytona - 289 V8 4-BBl, T-10 4-speed, 3.73 Twin Traction Rear End, Front Disc Brakes, Dual Exhaust, Front Bucket Seats and Console
Cost to Date: $2125.60