We asked for Diminished value , and they offered only $800.00 and that's complete BS. Car was $21,000 brand new, it had, they said originally $7000.00 in damage, so they would not write it off, and by the way the accident was a full on 40mph rear ender, girl was on her cell phone.
Once they fixed it , came to $10,751, then the BS $800 diminished value.
The day of the accident the car had 3000 miles on it, a 2017 with a low trade value of $16000.00, that day, we took it to Carmax to try to get the insurance to pay a higher diminished value, Carmax said they would not want to buy it with that much damage having been repaired, but if they did, max maybe $8000, but they would not give us anything in writing.
So now we have a car worth so much less than the balance of the loan, we can never sell it until the loan is over in 5 years, completely ridiculous and none of it was our fault. Sitting at a Red Light ????
So we got screwed, by all people involved. Also talked to 2 Lawyers and no interest in helping, they did not think they could actually help.
Insurance is the biggest crock of you know what.
Flaps
Quote:
Originally Posted by solarstingray
make sure you get diminished value also, , even if they fix it its on the car fax forever, resale value would be low.
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