So I got sideswiped last week by someone not knowing how to check for traffic when pulling out of a backed up lane into mine. Not very exciting collision picture, drivers door has to be replaced, body work the rest of the way down. more then 90% of the damage was caused by her tire poking out of the wheel well. Only one small section where the bumper actually contacted my car.
To my question. I know this car is going to have diminished value once this shows up on the carfax. So if for instance I wanted to trade the car in at the end of the year, it's current Edmunds value is say at about $19,000 tradein, maybe $22000 retail, CPO is $23245. I'm going to submit a claim to the at fault insurance carrier for diminished value. But what do I go by?
For instance, my old maxima was on Edmunds around $8-9k. I had offers for trade around 8k, then when they pulled the car fax the offers dropped to around 5k. Final trade was $5500. Down almost 3k as it too also been sideswiped. I would estimate that around 30-35% lost value. Is that the same goby I should be asking for now? How would any of you handle this?
To my question. I know this car is going to have diminished value once this shows up on the carfax. So if for instance I wanted to trade the car in at the end of the year, it's current Edmunds value is say at about $19,000 tradein, maybe $22000 retail, CPO is $23245. I'm going to submit a claim to the at fault insurance carrier for diminished value. But what do I go by?
For instance, my old maxima was on Edmunds around $8-9k. I had offers for trade around 8k, then when they pulled the car fax the offers dropped to around 5k. Final trade was $5500. Down almost 3k as it too also been sideswiped. I would estimate that around 30-35% lost value. Is that the same goby I should be asking for now? How would any of you handle this?