I am the second owner of a (once) beautiful Siver M5. I bought it in 2003 with 49,000 miles and have used it as a daily driver since purchase.
I have used this forum to learn more about this car, and read entertaining storied from other E39 owners. This board has been a tremendous resource for knowledge and experience. I have saved thousands of dollars on repairs and parts over the years because of the unselfish sharing of information through this board. I really appreciate it!
This past week I was granted a "Golf Outing" by my lovely bride of 26+ years and was fortunate to be able to travel to Naples FL in celebration of my 50th birthday. I booked an early flight so I asked my 18 year old son (really good kid, very responsible) to wake up at 4:00 in the morning to take me to the airport. I thought I would show my appreciation for this by allowing him to drive my car while I was in Naples.
The next day I received a phone call from my wife saying she was at an accident scene with my son, and that he was OK. He was on his way to an event at his school and about 100 feet from the driveway of his school he hit a parked car. He told me he remembered looking at the driveway to go into the school parking lot and a moment later opening his eyes and smelling a funny smell. He could see the airbag in his lap. Quite a shock for this young mind. I really wish I had been there for him...
The reaon I am posting this is I am searching through the best course of action to take next as I pursue repairing or replacing this car. I have read a good number of posts with stories of dealing with the insurance companies, and this has led me to make sure I keep perfec records of the conversations I have with the insurance companies. Since the accident was my son's fault, we are only dealing with our carrier (I think but not sure because of the other vehical's damage).
The car was towed to a salvage / recovery lot, and I dropped by there yesterday to take some photos. The car has 168,000 miles on it, and I had planned to drive it to 300,000 if it would make it. I love that car! Anyway, I am hopeful that the insights of some members here might guide me to the best course of action.
Here is how she looks today.