Camaro5 Chevy Camaro Forum / Camaro ZL1, SS and V6 Forums -
Solo Performance
Go Back   Camaro5 Chevy Camaro Forum / Camaro ZL1, SS and V6 Forums - > General Camaro Forums > 5th Gen Camaro SS LS LT General Discussions

Thread Tools
Old 12-21-2012, 01:27 PM   #1

Drives: 2011 2LT M6 SC
Join Date: Jan 2011
Location: South Florida
Posts: 919
Lost value??

So I was rear ended this week and now have a right to go after the insurance of the party at fault for the lost value of my car.
Name:  ImageUploadedByTapatalk1356114183.915540.jpg
Views: 661
Size:  218.8 KB

What do y'all think I should fight for? Ten thousand? Seven thousand?
Any and all info is greatly appreciated.
Just so we are all on the same page it's a 2011 2LT RS with 32k on it.

It's this guys fault and his AC company's insurance will cover it all. He pushed me into

Thanks a lot guys.
blackTT600 is offline   Reply With Quote
Old 12-21-2012, 01:46 PM   #2
Let's go Rangers!
nyrfan's Avatar
Drives: 13' AGM 2SS/RS L99
Join Date: Jun 2011
Location: Orlando, FL
Posts: 10,743
2011 with 32K miles your unlikely to get loss of value IMO. And even if you did it wouldn't be anywhere near 7-10K.
Soprano 4/1/00-6/14/11, Gone but NEVER forgotten!
FSP tuned: 377/389
nyrfan is offline   Reply With Quote
Old 12-21-2012, 01:47 PM   #3
Account Suspended
Drives: 2011 Camaro SS RS
Join Date: Aug 2011
Location: Pittsburgh, PA
Posts: 1,186
In PA. we can't sue for lost value when someone wrecks into us. Some states you can. I would start high and let them work you a little. Maybe even say to them that you really don't want to pay for a attorney and just want to work this out with them. Scare them a little. Good luck man!!!!
Supermaro585HP is offline   Reply With Quote
Old 12-21-2012, 01:59 PM   #4
Camaro Junkie
01pewterz28's Avatar
Drives: 2017 HBM 2SS Convertible A8
Join Date: Aug 2008
Posts: 9,572
You will get between $1k-$1.5k not much more it's going to be a fight to get it good luck
01pewterz28 is offline   Reply With Quote
Old 12-21-2012, 02:09 PM   #5

upflying's Avatar
Drives: '86 Monte Carlo SS
Join Date: Nov 2010
Location: Reno, NV
Posts: 3,119
With a whack that hard, you might be injured. Neck and back sore? That could add "diminished value" in the claim.
upflying is offline   Reply With Quote
Old 12-21-2012, 02:38 PM   #6
Drives: 2010
Join Date: May 2010
Location: US
Posts: 1,662
Originally Posted by upflying View Post
With a whack that hard, you might be injured. Neck and back sore? That could add "diminished value" in the claim.
A lady tried to get me for "whip lash" when she found out there was no damage to her car. My lawyer made her tuck her tail between her legs and waddle off without getting a dime.
tjk_art is offline   Reply With Quote
Old 12-21-2012, 05:43 PM   #7
Drives: 2012 CAMARO ZL1, 2012 CTS-V,
Join Date: May 2012
Location: Delaware ohio
Posts: 119
First I hope you were not hurt ! Get a lawyer !!!!
jtulery is offline   Reply With Quote
Old 12-21-2012, 06:41 PM   #8

DagoCountyGee's Avatar
Drives: '15 SS
Join Date: Sep 2012
Location: North County
Posts: 1,143
I'd say it looks like you might have some long term neck and back problems.
DagoCountyGee is offline   Reply With Quote
Old 12-21-2012, 06:45 PM   #9

2SS45th's Avatar
Drives: 11 Seconds or Faster
Join Date: May 2012
Location: Arvada, Colorado
Posts: 2,801
Looks like a company car, go get em
I Ain't About That Stock Life.

2SS45th is offline   Reply With Quote
Old 12-21-2012, 07:48 PM   #10

montreal2010yellow's Avatar
Drives: 2 LT/RS YELLOW, AUTO., VIN NO. 602
Join Date: May 2010
Location: LAVAL (10 min. north of Montreal), CANADA
Posts: 3,527
Watch what you write here, insurance investigators are looking at us all of the time.
I had a tranny issue with a 2006 G6 GTP 6 speed manual and GM agreed to swap for a brand new G6 with an auto tranny after 6 months of complaining and I used G6 Performance site to tell every one and get some suggestions...long story.
When I finished the deal I was confirmed that they where following my posts on G6 Performance site and they new all about my problem.
T2 Facia, ACS TL1 Hood, ACS Winglets. G5CR CAI. Hotchsic Strut Brace and more...
montreal2010yellow is offline   Reply With Quote
Old 12-21-2012, 07:56 PM   #11

Drives: 2012 45 Anniversary Vert
Join Date: Apr 2012
Location: atlanta
Posts: 2,491
if your state has diminished value laws, insurance aint paying unless they do, the diminished value is set by the insurance company in almost every case.

Even if it is some states are different, there are different values depending on if they used all new parts or used parts, some states don't allow diminished if they are all new parts even.

you will need to research what if any diminished value laws apply to you before you even look at figures, just because the law is there doesn't mean it will help you at all.

they will send you a check, you may need to prod but they will.

in the end, if you are unsatisfied with what they are sending you, don't listen to anyone on this forum, contact a lawyer and pay the adviser fee to get the real scoop.
Rhyder is offline   Reply With Quote
Old 12-21-2012, 08:03 PM   #12

dkp2LT's Avatar
Drives: '10 2LT/RS, '13 GT/CS, '10 Flex
Join Date: Feb 2012
Location: Kansas City, MO & Del Mar, CA
Posts: 2,480
In Florida don't you have go have the car apprasied by a third party for the diminished value? I seriously doubt you would get anywhere near $7k. However that wreck looks like one where I wouldn't want it back - if not totaled then I would be trading it as soon as I got it back.
dkp2LT is offline   Reply With Quote
Old 12-21-2012, 08:15 PM   #13

Mr_Draco's Avatar
Drives: 2SS/RS
Join Date: Sep 2008
Location: Western North Carolina
Posts: 6,764
You don't suffer from diminished value until you sale or trade the car. As such many insurance companies and states won't allow diminished value claims until you do sale or trade it in and some have a time frame.

You can try for it but don't be surprised if you are denied. Also you don't set the amount lost. If they agree to pay they will have it appraised and pay you the difference. I've rarely seen a diminished value claim go over $3-$4k on a new car. With your very high miles I would suspect less than that.
Mr_Draco is online now   Reply With Quote

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

All times are GMT -5. The time now is 03:01 PM.

Powered by vBulletin® Version 3.8.9 Beta 4
Copyright ©2000 - 2018, vBulletin Solutions, Inc.