I called Oklahoma Foreign and spoke to someone there about buying the car. I was asked some questions and pics were requested, pics from specific angles, which I took then sent.
No too long after the pics went off the offer came back at $17.4K which proved to be what the insurance company allowed for the car's value. It was kind of nice to get a "2nd opinion" on the car's value.
Had I taken OF up on its offer the way it works is I was told a check for half the amount would be sent to me or transferred to my account PDQ then when the truck showed up either the driver would have the 2nd check or the money transferred directly into my account. I do not recall now but I'm sure I would have had to have a valid title (it would have been a salvage title) and sign away all interest in the vehicle.
OF and similar busineses have trucks buzzing around collecting cars from all over. A pick up would be scheduled to coincide with when a truck would be in this area and wouldn't take more than a week or so to happen.
However, I ended up selling the Cayman though an auction facility near me. Adesa is the name and they have facilities around the country. You might stop in at one nearest you and speak with the general manager and tell him your story and see if he can help you.
The way it worked for me was I had to have the car delivered to the auction facility and it was put on display to attract salvage car auction attention. This facility holds a salvage/wrecked car auction every week (the facility moves 90K cars a year!) and the wrecked Cayman S -- oh in speed yellow too -- was used as a "halo" car...
I was told that if the car sold I had 30 days to deliver a title or the buyer could back out of the purchase and could demand to be reimbursed for any "repairs" he had done. Since I was not sure how long the salvage title would take -- I needed a letter from the insurance company first and you know how slow they can be -- I waited until I had the title in hand and in fact I think I handed it to the GM of the auction facility and then gave him the go ahead to sell the car.
The next Wednesday the auction took place. Oh,if the price didn't reach my "reserve" ($17.4K) but I didn't have to accept the lower price. However, since it would have cost me money to move the car I would have let it go for something less and chalked it up to experience. Oh,not much less a few hundred dollars at most.
The salvage car auction started and at about half way through the sale (20 or more vehicles were being sold) the Cayman S came up and sold and for around $3K over the OK/Insurance company amount. (No surprise, really, auctions really get the juices flowing in some people.)
During the auction I kept a low profile but stayed near the auctioneer and off mic he asked me questions: Miles on car? Servicing (3 oil changes: I could just cry...); where/when bought, etc. He relayed what I told him to the crowd.
Anyhow the car sold. A full set of keys, manuals, etc went with the car.
A few days later I was told a check was ready to pick up and I picked it up. At the same time I offered to pay a selling fee but the GM refused.
Sincerely,
MarcW.