Forum Discussion
joelm
Aug 17, 2017Explorer
dodge guy wrote:RAS43 wrote:dodge guy wrote:1Adam12 wrote:
Body shop estimate is $10,800. 20 business days to repair. We will be looking into diminished value claim once it's complete.
Sounds good. but there will be no reason for diminished value if its repaired properly!
That is not correct. If the body shop reports the repair, as it should, even if repaired properly there will be diminished value when the OP tries to trade it in or sell it. I believe the threshold is around $2000. This was directly from a dealer when I was discussing trading my truck in and had $2000 damage in a previous accident that was repaired properly.
And I believe Car Fax and others will ask about damage and how much was the repair, not was it fixed correctly.
Never believe a dealer! why would a vehicle that was repaired properly be worth less. If its repaired back to 100% pre accident condition it will be the same truck!
And BTW, the dealer will do/say anything to lowball you and get your trade for as little money as possible.
You're joking right? Crashes and the fact that the vehicle is worth less are the main reason for Carfax. The vehicle may be just fine, but the perception is that it is not and this definitely hits the value.
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