4th July nightmare :(((( Wrecked Z

Baer383 · 07-06-2012, 08:05 PM

Quote:

Originally Posted by gy954

When I went to trade in my rear-ended car a couple of years ago, I was told it was worth about 20% less because of the accident. This was in spite of a frame-straightening repair that the shop promised was "as good as new". Be aware of this before you agree to any settlement!Best of luck.

That's why you get diminished value after your car has been wrecked.

gy954 · 07-06-2012, 08:15 PM

Quote:

Originally Posted by Baer383

That's why you get diminished value after your car has been wrecked.

Actually, what I got was screwed. Diminished value was a few bucks...not the $1500 I lost. I consider it the cost of my education, which I try to pass on as best I can.

RiCharlie · 07-06-2012, 08:15 PM

What a kick in the nuts.. sorry to hear

Baer383 · 07-06-2012, 08:26 PM

Quote:

Originally Posted by gy954

Actually, what I got was screwed. Diminished value was a few bucks...not the $1500 I lost. I consider it the cost of my education, which I try to pass on as best I can.

You didn't get beat by the insurance co.on diminished value you got beat by the dealer when you traded it in.

Diminished value is based on allot of things some of them are which parts were replaced,which were repaired,how many structure pieces got replaced and so on.

It doesn't matter what insurance co. you have diminished value is figured out by a odd formula they all go by,they look at the repair bill and it is calculated by that.

bigdog1250 · 07-06-2012, 08:37 PM

Definitely sue the guy if he was under the influence. That car looks totalled to me, but if for some reason it's not, sue him for the depreciation of the car plus for the pain in the ***. I'd get a new car for sure, that thing looks jacked up.

So sorry to see this! I can't imagine my baby getting crushed. Then again you can (and likely will) always buy another one

buddyZ · 07-06-2012, 08:53 PM

dam that sucks, you should sue him for life.

Bad luck for me too, i already curb rashed my wheels.. Only 2000 miles on a LEASED car..

birdmanx1 · 07-06-2012, 09:00 PM

Quote:

Originally Posted by bigdog1250

Definitely sue the guy if he was under the influence. That car looks totalled to me, but if for some reason it's not, sue him for the depreciation of the car plus for the pain in the ***. I'd get a new car for sure, that thing looks jacked up.

So sorry to see this! I can't imagine my baby getting crushed. Then again you can (and likely will) always buy another one

Not sure that would be worthy. You go to court at your own, get a lawyer, win the case and the kid's parents (Idiot's minor) end up not being able to afford the costs, file for bankruptcy protection. now what? You got to pay the lawyer...

Please correct me if I'm wrong but I believe one could sue insurance only in the event there is more than property damage involved.

ts-c63 · 07-06-2012, 09:04 PM

It is honestly the worst feeling to see your brand new car that you worked to hard for smashed in like that by some punk kid that is speeding in a 35 mph zone.. I just had put the viynl on the car few days before and was going to install test pipes on Tuesday

so much for that plan... Twin turbo time? Haha

sonic370 · 07-06-2012, 09:13 PM

sorry to hear about that. buy i feel your pain. had a little old lady hit mine in a mall parking lot. i hadn't even changed the oil yet it had about 2500 on it.

but nowhere near as bad as yours.... do you have gap insurance?

MacCool · 07-06-2012, 09:15 PM

Quote:

Originally Posted by Thechidz

Was he drinkig or something?

A kid, July 4th party, 11:30 at night. Uh...yes.

Nismo89 · 07-06-2012, 09:25 PM

Wow 18... And drinking ... I'm sure his insurance will be up there even more so than say... It was before ..

Not only did cause the accident .. But DUI and under age drinking ..... It's just a shame ..

SPOHN · 07-06-2012, 09:34 PM

Need to throw this kid a Doc Martian stomp party

specZ · 07-06-2012, 10:05 PM

Hate to say but that car is definately repairable! There's a very good chance your insurance will pay to fix that, although, it would be smart to file a DV claim as others are saying and sell that thing shortly after its fixed.

w0rM · 07-06-2012, 10:13 PM

My god this sucks... so sorry man. My guess is that it's very unlikely they total it. Most insurance companies won't total a car unless it's about 70% (or more) of the value of the car to repair it.

MattP725 · 07-06-2012, 10:22 PM

Quote:

Originally Posted by Baer383

I fix cars like that every day at work,it's bad but no where near total just find a reputable body shop and it will be as good as new.

Now (SPOHN)Chris car that's a different story.

I dunno man... those unibodies are pretty easy to destroy... 3 wheels, full suspension, frame, rear, driveshaft (i'd assume), rear body (you know the trunk is all screwed up so new plastics and metal there), as well as what appears to be airbags if I am seeing it correctly which could mean new seats... that is getting awfully damn close. Maybe not in part value but labor is gonna be up there. They may total it out. Looks like there could also be some front end/undercarriage damage from going up the curb... prob needs a new air dam, splash shield and whatever else ran across that curb.

For OPs sake I hope they do total it.

Also in when I had a small accident, I asked my insurance company about diminished value payment and they said they don't do that... I am sure that is standard response but it wasn't worth the fight.

07-06-2012, 08:37 PM	#50 (permalink)
bigdog1250 Track Member Join Date: Nov 2008 Location: San Francisco Posts: 846 Drives: 991.2 GT3 Rep Power: 18	Definitely sue the guy if he was under the influence. That car looks totalled to me, but if for some reason it's not, sue him for the depreciation of the car plus for the pain in the *. I'd get a new car for sure, that thing looks jacked up. So sorry to see this! I can't imagine my baby getting crushed. Then again you can (and likely will) always buy another one __________________ 350z / 40th 370z / C6 Z06 / BMW M4 / V10 R8 / C7 Grand Spot / 997.1 GT3 / S2K / Camaro ZL1 / 718 GTS / 991.2 GT3**

07-06-2012, 09:25 PM	#56 (permalink)
Nismo89 A True Z Fanatic Join Date: Mar 2011 Location: Colora, MD Age: 35 Posts: 15,831 Drives: daily Zen and woosah Rep Power: 37386	Wow 18... And drinking ... I'm sure his insurance will be up there even more so than say... It was before .. Not only did cause the accident .. But DUI and under age drinking ..... It's just a shame .. __________________ Why yes.. Mike Rowe of Dirty Jobs, The Ford Commericals,Deadliest Catch.. is my cousin. Facebook i outta back hand you with my right hand! and call you b*tch!..... and im Left handed!

07-06-2012, 09:34 PM	#57 (permalink)
SPOHN A True Z Fanatic Join Date: Feb 2010 Location: Covington, GA Age: 45 Posts: 14,844 Drives: Waiting on next Z Rep Power: 221	Need to throw this kid a Doc Martian stomp party __________________

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07-06-2012, 08:15 PM	#48 (permalink)
RiCharlie Track Member Join Date: Oct 2010 Location: Johnston RI Posts: 857 Drives: 370 Touring Spt A/t Rep Power: 16	What a kick in the nuts.. sorry to hear

07-06-2012, 08:53 PM	#51 (permalink)
buddyZ Banned Join Date: Apr 2012 Location: socal Posts: 118 Drives: 2012 Base6mt Rep Power: 0	dam that sucks, you should sue him for life. Bad luck for me too, i already curb rashed my wheels.. Only 2000 miles on a LEASED car..

07-06-2012, 09:04 PM	#53 (permalink)
ts-c63 Enthusiast Member Join Date: Feb 2011 Location: nyc/nj Posts: 384 Drives: 2012 370z 7At Rep Power: 14	It is honestly the worst feeling to see your brand new car that you worked to hard for smashed in like that by some punk kid that is speeding in a 35 mph zone.. I just had put the viynl on the car few days before and was going to install test pipes on Tuesday so much for that plan... Twin turbo time? Haha

07-06-2012, 09:13 PM	#54 (permalink)
sonic370 A True Z Fanatic Join Date: May 2010 Location: Orange Texas Posts: 1,574 Drives: 09 370Z Sports PGK Rep Power: 18	sorry to hear about that. buy i feel your pain. had a little old lady hit mine in a mall parking lot. i hadn't even changed the oil yet it had about 2500 on it. but nowhere near as bad as yours.... do you have gap insurance?

07-06-2012, 10:13 PM	#59 (permalink)
w0rM A True Z Fanatic Join Date: May 2012 Location: Houston, TX Posts: 2,198 Drives: 2015 Corvette Z06 Rep Power: 36	My god this sucks... so sorry man. My guess is that it's very unlikely they total it. Most insurance companies won't total a car unless it's about 70% (or more) of the value of the car to repair it.