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I have a 2006 RX8 Shinka that I had the engine rebuilt and runs great. Yesterday I got side swiped on my front quarter panel. And of course the guy who hit me took off. With that said I have liability only (I know I know stupid). So with the damage I'm pretty sure I can't afford to have it fixed so I need some ideas on what my options are. Picture below. Appreciate any help
First off that really sucks and i hope you are ok. Just from the pics i would say thats about $1000 worth of damage if you got used parts and did the work yourself. If thats not an option you could always pull the motor and find a clean shell to swap it into, also around $1000 if you did the work yourself. Lastly you could part it out, compression test the motor, with good numbers your could get $1500 and probally close to $2000+ for all the other bits, this would be the most time consuming but pay out the most. I am in overland park if you need any help hit me up.
Is that puddle your oil? If so it looks like the oil cooler was damaged, so I wouldn't run the motor until you get it fixed.
With used parts it can be put back together without too much trouble.
It's a nice Shinka otherwise, the seats and plastic exterior bits can fetch you a grand or so. Wheels as well. Motor and trans another couple of grand. That'll be a good head start toward another car.
Depends if you want another RX8. If you do,fix this one. If you don't, part it out and invest in whatever is next.
On a side note, full coverage won't help. Insurance will only pay what they think the car is worth. I just spent over $9k doing stuff to mine and opted for liability because insurance would just total it if I was in an accident