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I was rear-ended in my 84 245 and am now happily driving around in my "salvaged" vehicle I bought back from the insurance company. Really didn't want to give it up, because I'd been through this car, and most things were handled. It held up to the crash real well. Hard to tell it one was hit. It handles perfectly, and the tires wear evenly. ( total loss, though, for the new bumper, tail light, and under the bumper body work.)
It's like Jorrell says...bluebook value and the buy back price. $300 I think for mine. My expenses were a vehicle inspection and re-registration. Like you. I think, I felt like I had a lot more invested in mine that the $1500 or so they said it was worth.
The biggest hassle for me, a Californian, spoiled buy never needing to get inspected, was the cost of the inspection fee, getting my head lights adjusted, and arguing with the inspection mechanic over play in the one year old tie-rod. They kind of had me over a barrel, once I got involved with them, but they weren't crooks. (just owned a boat, I think)
Hope this helps,
Steve
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