Join Date: Sep 1998
Location: Lake Granbury Texas
Re: State Farm buy back?
Just went thru this last week. I could buy back my Suburban for 25% of the value. If you choose to keep your car, they just give you a check for the lesser amount, you keep your car, but surrender your titile to them. You'll get a salvage title back from the state. But, that's in Texas and may be different where you live.
For me it wasn't worth it as it had 200,000 miles on it and the frame & rocker were bent bad. I took the money and ran, after I stripped as many parts as I could.....he he.
1969 Chevelle SS 396
A government big enough to give you everything you want, is strong enough to take everything you have.