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trader220 trader220 is offline
Former Options Trader !!!
 
Join Date: Feb 2003
Location: Bucks County PA
Posts: 6,760
Quote:
Originally Posted by WyattEarp View Post
This. If your car is a relatively run of the mill vehicle that is 2 or more years old the diminished value is almost none (for an accident with no airbag deployment) and an insurance company isn't going to pay any diminished value claim. A less than year old car or some very high end vehicle then you may be able to get some diminished value but unless it was a substantial accident with airbag deployment or some sort of high end vehicle you don't really have any diminished value.
Well said, thats exactly my point. If you have a bumper repair or a dent removed, save the repair order from the shop that does it so you can show its no big deal.

Unless its something high end or rare its not going to mean a whole lot. If I did a search on a 2012 BMW 328 there will be several hundred on the market within 75 miles of here, if its a camry there will bo over 500 listed for sale within 75 miles of here. The buyers are going to look for who is cheap and who is close.
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Old 10-28-2014, 08:21 AM
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