Would it be smart to buy this motor rear from insurance co.?



2002 Chevy Malibu 160,000 miles

The car was within a minor yet expensive accident. A guy run a stop sign and clipped the back end of the coup¨¦. He grazed accross the back door and gas cap nouns. The car looks and runs great except for that area of the twist of fate. The insurance co. agreed to $3125.00 for settlement. They said they would salvage the car for $500 for their profit. Should I go ahead and buy the vehicle back for myself... ($500)? It still runs good... I salaried $2100 for the car. Plus i could use a temporary motor until I can find another one...
Answers:
It is not a steal but get it..
Sure! But you'd better make sure of adjectives the right paperwork....to make it all allowed. #1 - talk to the DMV - for sure!!; #2 - talk near your insurance agent....do they have any problem with this?; settle with the police.....what do they want to see if/when you're stopped for some reason.
BE ALL PREPARED !

Related Questions:
Do you perceive forcing family to buy strength insurance is a tad extreme and unconstitutional?   Didn't buy ipod insurance??   Should I buy my own insurance?   Wanting to buy a Car (uk) surrounded by group 1 insurance category whats's out in that?   Should empire who can afford strength insurance, but choose not to buy it be denied strength consideration unless...?