Yeah I would never try to swindle someone like that. There will be a professional appraisal that I will pay for and GEICO is going to pay the difference whether they want to or not.
No worries, brother. Everyone hasctheir own thoughts and ideas regarding this kind of process.
My point is if the car is worth $3000 less I'm gonna get that money and pay it to my loan. I plan on trading it in for a Type-R once repaired and I'm not going to go upside down on my loan when I...
The repairs are not my issue. I whole-heartedly believe that the car will be repaired properly with new parts by people who know what they're doing. My issue is if the car appraisal comes up $3000 less than what it was before the accident. Their insurance company needs to cut me a check for...
Yeah considering its 11k damage and Caliber is anticipating another 3k additional I would think the depreciation would be a considerable amount. I'm anticipating $2500-$3000.
State farm is handling the claim and I verified with Caliber that OEM parts are being used. The Caliber shop is the one at the dealer I bought the car from. I don't know what the diminished value will be but I will get an inspection done. $200 is worth the peace of mind. If its only $1000...
Alright, that sounds fair. Monday I will authorize the collision center to proceed with the repairs. Once complete I will pay for an appraisal and go from there. Thank you all for your help and I will keep this thread updated.
Yeah, I called the sales guy yesterday and asked him to give me what the trade-in value would be once repaired. I need to gather information to present to GEICO for "proof" of diminished value..as if they don't know a car with that much damage is going to be worth less money. Once I get this...
Yeah they want to repair it however GEICO is telling me some shady things when I inquired about diminished value. "Neither Geico nor State Farm will report anything on the accident to those agencies." I'm going to consult with a property damage lawyer before I allow any repairs on the car and...
I have GAP insurance that will cover anything left on the loan after the insurance payment. ;)
GAP will also give me $1000 toward the new loan if I buy a new car.
GEICO is the other party's insurance and they told me its up to State Farm whether its totalled or not because I'm going g through mine. I'll be talking to them in a couple hours and I'm prepared to lawyer up if they tell me they're going to repair it being that there is frame damage. There's...
Yeah it's already been determined the other guy's fault. Estimate completed today for $10843.24 and tomorrow I'll find out if State Farm will total it. Frame rails are bent, trunk floor is crushed, quarter panels buckled on both sides, drivers seat no longer reclines because the frame bent...
See that, guys? Tell all the ADM dealers to EFF off. There ARE people in the world who don't want you to grab your ankles and drive while in that position. Stand your ground and buy for MSRP out of state.