This is the email notice that went to the owners from the transport company with sensitive names taken out due to legal action which has been filed... pretty pathetic...
I have received some phone calls inquiring about my previous broadcast e mail I sent you earlier this week. I apologize if I was not clear as to its purpose but l will try to explain its ramifications more fully…
1. We have completed inspections of the six damaged cars as of last weekend. I expect that we will be able to circulate the appraisal we did to each individual owner later this week. When you get those documents, please take a look at it to verify accuracy.
2. Although we presently do not have the dollar numbers to provide, it appears for certain that the total damages for all six cars will exceed policy limits of $350,000. When such situations arise, each car owner will incur a partial loss of their financial interest in their car.
3. Neither [COMPANY NAME REMOVED] nor my company have any ownership interest in your cars. Given that even despite the loss, some residual salvage value remains of the cars, you as individual owner(s) of the cars may want to protect that remaining financial interest. We have arranged to pay the tow shop in full for the tow and storage costs to all of the six cars. If some or all of you wish to pick up your car(s) from the tow yard, all you have to do is present documentation of ownership of the car and the car will be released to you. No tow or storage fees will be presented to you by the tow yard for any of the six cars.
4. If you choose to pick up the car or otherwise dispose or sell it, you will need to do so at your own expense with your own driver, tow vehicle or other means of transportation.
5. I have spoken to the owner of the tow yard about time tables as to how long he will continue to allow the cars on his premises to not be charged additional storage fees. He promised to be "reasonable" in this respect as long as the cars are picked up as soon as possible. The daily charge he would normally be charging for a car towed to his yard is $35 per day.
6. I know that the ownership interests involved collectively for the six cars is widespread across the USA so I want to make sure you have time to remove your car(s) if you choose to do so. We will not be allowing any additional storage fees beyond 4/25/2013 in recognition of that factor.
7. Please keep in mind that tow yard operators can and do file lien rights on vehicles that are abandoned on their premises. We just want to impress upon you that you should not look upon the tow yard as a rent free storage location on a long term basis. You do not want to be surprised if one day you find out your car is no longer at the tow yard and you find out it has been sold to other(s) for whatever reason.
Most of you in this memo are probably well versed in the ramifations of tow yards and how they operate. But I just wanted to be clear that removal of your car(s) requires actions on your part and by acting promptly you can avoid any later loss of value regarding salvage. If you have any questions, please call.
