I just rolled my z3 over 3 times on a mountain road. Luckily I walked away injury free and the car still runs.
I want to strip or dispose of the car without the insurance or the state knowing. Can I just let the registration expire and take my insurance off the vehicle and thats that? Or do I HAVE to notify the police and insurance company?
The car is totaled minus the engine, transmission, brakes, and steering works. The chassis is tweaked and so is the frame. The cost to repair it will exceed the value of the car significantly. Luckily, the car was able to drive (and avoided cops on the road) and I didn't need a tow truck to tow it. Luckily the police wasn't involved and the insurance company doesn't know. I'd like to keep it that way if I can.
I have a few options now.
(1) take it to a salvage yard and be done with it.
(2) Part it out and then TOW it to a salvage yard
(3) Sell the whole car as a parts car and the buyer would take the pink slip and drive/tow it away for $1000.
Any suggestions/thoughts? Thankyou.