Nissan 370Z Forum - View Single Post

SManZ · 08-14-2009, 07:52 AM

I'd be interested in hearing more, but just from what you wrote I don't really see how he's giving you anything.

If he sells a car to you at cost he's not losing anything. What kind of settlement is that?

Another approach would be to calculate the depreciation of your car over the last two years had you been driving it, as well as any out of pocket expenses related to this event (rental car, replacement beater, whatever). Subtract that from his 'cost' price on a new vehicle. That would be a better settlement IMO.

08-14-2009, 07:52 AM	#2 (permalink)
SManZ Base Member Join Date: Jul 2009 Location: Centreville, VA Posts: 15 Drives: '04 350Z Performance Rep Power: 16	I'd be interested in hearing more, but just from what you wrote I don't really see how he's giving you anything. If he sells a car to you at cost he's not losing anything. What kind of settlement is that? Another approach would be to calculate the depreciation of your car over the last two years had you been driving it, as well as any out of pocket expenses related to this event (rental car, replacement beater, whatever). Subtract that from his 'cost' price on a new vehicle. That would be a better settlement IMO.