What is the value of 1987 Toyota Corolla

Asked by Nov 12, 2015 at 04:26 PM about the 1987 Toyota Corolla

Question type: General

My 91 neighbor had an accident and the insurance company wants to label it unrepairable and pay her for the car.  Would the parts be worth more than what the insurance company would pay?

2 Answers

Parting out a car is a genuine pain in the ass. You will have to list it on cragislist or ebay and either have all sorts of strange people coming to your house.... or have to deal with shipping and getting paid. Then when all the parts are sold you still have the 'shell' to dispose of... but you will probably get more than what the insurance offers (How much did they offer?) if you have the time, energy and want do deal with it. A 1987 Corolla - wrecked- is virtually worthless, in good running order depending on Trim and mileage is worth maybe $2,000 - to $3,000..... take whatever the insurance offers and call it a day

3 out of 3 people think this is helpful.

Just a side-note. "Unrepairable" is a lot different than 'totaled' where the cost of repairs is more than the value of the car. That depends on the extent of damage. If it's truly unrepairable it must be pretty well crunched. But totaled it can be fixed.... maybe even if you DIY and get it roadworthy, she would have to buy it back from insurance company because if they pay the fair market value it then belongs to the insurance company. You can't have it both ways, get the money for the car and keep it

2 out of 2 people think this is helpful.

Your Answer

Add photo

Related Questions

Corolla

Looking for a Used Corolla in your area?

CarGurus has 73,207 nationwide Corolla listings starting at $1,950.

ZIP:

Search Toyota Corolla Questions

Toyota Corolla Experts

#1 Tom Demyan
Tom Demyan
Reputation 2,350
#2 tenspeed
tenspeed
Reputation 1,800
#3 tennisshoes
tennisshoes
Reputation 1,610
View All

Related Models For Sale

Used Toyota Camry
850 Great Deals out of 90,973 listings starting at $249
Used Honda Civic
516 Great Deals out of 89,847 listings starting at $1,299
Used Honda Accord
790 Great Deals out of 88,192 listings starting at $1,150
Used Nissan Sentra
421 Great Deals out of 56,370 listings starting at $1,400
Used Hyundai Sonata
603 Great Deals out of 52,339 listings starting at $1,495

Used Cars For Sale

2017 Toyota Corolla For Sale
43,971 listings starting at $13,609
2016 Toyota Corolla For Sale
112 Great Deals out of 6,549 listings starting at $10,500
2015 Toyota Corolla For Sale
132 Great Deals out of 5,765 listings starting at $8,977
2014 Toyota Corolla For Sale
198 Great Deals out of 6,065 listings starting at $8,753
2013 Toyota Corolla For Sale
51 Great Deals out of 1,826 listings starting at $6,800