Go to NADA dot com and look up the clean retail of your truck. If the repair bill is 75% of this amount they will total the truck. They should pay full clean retail plus taxes if they total it. You then have to negotiate the buy back price. You will see how there attitude changes from low balling the retail price to when they are on the selling end. Remind them you are saving them wrecker; storage; and auction fees by buying it back. Never at any point talk up the truck; they have a set amount they need to pay you and will use you talking the truck up when trying to sell it back to you. It fact the truck is now junk. It has a bad frame and will be given a salvage title meaning resale for you will be nil to void. Rear wheels may wear funny due to tracking. Then they will remind you it still has a good motor and trans the junk dealer can sell. Its much like dealing with a new car salesmen.
Depending on body style and mileage that truck should be worth around $4000 retail.
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Today's Featured Article - A Lifetime of Farm Machinery - by Joe Michaels. I am a mechanical engineer by profession, specializing in powerplant work. I worked as a machinist and engine erector, with time spent overseas. I have always had a love for machinery, and an appreciation for farming and farm machinery. I was born and raised in Brooklyn, New York. Not a place one would associate with farms or farm machinery. I credit my parents for instilling a lot of good values, a respect for learning, a knowledge of various skills and a little knowledge of farming in me, amo
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