They got me!! Depreciation value? - Camaro5 Chevy Camaro Forum / Camaro ZL1, SS and V6 Forums

Vroom_vroom · 01-15-2015, 11:46 PM

We'll both the cars get to join the club. She was parked on the street and a clown backing out of the driveway turns in and swiped the front and ripped of the license plate bracket. Gotta go in on Wednesday to have it fixed. My question is how much can I hardline the insurance company for due to the deprecation value? I figured it will take a 2k hit if we trade it in.

satxrider · 01-16-2015, 12:08 AM

You may want to look up the different in Blue Book values for other cars with and without a clean Carfax report. Your probably right about being around $2k but depending on the insurance company you'll be lucky to get it..., unless you get an attorney to help. Many insurance companies are more willing to settle once you lawyer up. Without you might get about 20% of the cost to repair the damage.

two_wheel_mayhem · 01-16-2015, 12:21 AM

Quote:

Originally Posted by Vroom_vroom

My question is how much can I hardline the insurance company for due to the deprecation value? I figured it will take a 2k hit if we trade it in.

Sorry about your car.

Here is what I would do about depreciation value, you can learn from my mistake.

This is coincidental because my car was damaged almost identical to yours.

You tell them that since your carfax report is gonna wear the "minor accident reported" tag for something that wasn't your fault that you want $2000 and will not settle without it. They always say "we will talk about that after your car is repaired"

This type of carfax report will get you knicked at certain dealers and on the private market. No one ever gives you the benefit of the doubt because the term "minor accident" is too vague. Your car will likely be fixed and the paint on the bumper will be way better than factory.

Get a rental car, it's on them. Don't be in a big hurry to get your own car back.

guerrillakilla13 · 01-16-2015, 01:56 AM

dang sorry to see that. Did you happen to catch the person? Get insurance info? That's some pretty serious damage that THEY should be paying for, not you.

Vroom_vroom · 01-16-2015, 02:46 AM

Yup it was a stupid relative........

Vroom_vroom · 01-16-2015, 04:10 AM

They where where called right after. The adjuster will get ahold of me after the shop looks at it.

nyrfan · 01-16-2015, 07:43 AM

Highly unlikely you'll qualify for depreciated value. Even if you do it will be $100 at best.

Hylton · 01-16-2015, 08:23 AM

Just get it done yourself. It's a $500 fix. All you need to do is buy a new bumper cover, drop it off at the paint shop and then install it yourself. No Carfax hit.

Rainbow1616 · 01-16-2015, 08:50 AM

Quote:

Originally Posted by Hylton

Just get it done yourself. It's a $500 fix. All you need to do is buy a new bumper cover, drop it off at the paint shop and then install it yourself. No Carfax hit.

Yep, especially if a relative did it. Its a no brainer make them pay for it.

DarrenJ · 01-16-2015, 09:04 AM

Cosmetic, no frame damage, let it go. You'll waste more time and effort trying to prove that one than it's worth, do yourself a favor and relax, get the car fixed at the best body shop in Vegas & let-it-go.....

Red2014SS · 01-16-2015, 09:26 AM

Quote:

Originally Posted by Hylton

Just get it done yourself. It's a $500 fix. All you need to do is buy a new bumper cover, drop it off at the paint shop and then install it yourself. No Carfax hit.

I agree 100%. Don't put it on record.

pickwithaustin · 01-16-2015, 09:32 AM

Have relative pay for the repair, no insurance involved.
Don't park on the street.

RockerBox · 01-16-2015, 09:39 AM

ZL1 bumper...

KaBoom1701 · 01-16-2015, 09:47 AM

This sucks man...

But honestly it's a V6 front bumper....how much can it cost to just pay for it out of pocket if your that worried about the depreciation value?

01-15-2015, 11:46 PM	#1
Vroom_vroom The gritos pollo!!! Drives: Like a idiot Join Date: Jul 2012 Location: Las Vegas Posts: 1,215 View My Garage	They got me!! Depreciation value? We'll both the cars get to join the club. She was parked on the street and a clown backing out of the driveway turns in and swiped the front and ripped of the license plate bracket. Gotta go in on Wednesday to have it fixed. My question is how much can I hardline the insurance company for due to the deprecation value? I figured it will take a 2k hit if we trade it in. __________________ ______ If you don't stop how can they give you a ticket?-The Big Tuna___ '12 1Ls Camaro; Slp loud mouth I\|maganflow x-pipe\|Injen long ram intake\|brembo brake upgrade\| russell s.s. lines\|2LT polished 19's\|billet 5mm spacers\|tinted tail lights&markers\|pdmi\|billet c. can\| '13 Avenger R/T '77 T/A 6.6;, draining my wallet. Last edited by Vroom_vroom; 01-16-2015 at 04:44 AM.

01-16-2015, 12:08 AM	#2
satxrider Bad 45th Drives: 2012 45th Anniversay Edition SS Join Date: Apr 2014 Location: San Antonio Posts: 548	You may want to look up the different in Blue Book values for other cars with and without a clean Carfax report. Your probably right about being around $2k but depending on the insurance company you'll be lucky to get it..., unless you get an attorney to help. Many insurance companies are more willing to settle once you lawyer up. Without you might get about 20% of the cost to repair the damage. __________________ - Carl 2012 45th Anniversary SS - LS3 Magnuson TVS 2300 Supercharger / Alky Meth Injection / Lingenfelter GT12 Cam / Kooks LT Headers, 3 inch exhaust & QTP electric cut outs / Monster LT1-S Twin Disc Clutch / MGW flat blade short throw shifter / Haltech CAI / VMax Throttle Body / DSS Stage 3 axles/ BMR Trailing Arms, Toe Rods, Suspension Bushing and 1" lowering springs / Taylor 8MM Plug Wires / Tuned by Henderson Performance Technologies / EBC dimpled and sloted rotors / G2 Painted Calipers / GM Tower Strut Brace / ZL1 Factory Rep Wheels

01-16-2015, 02:46 AM	#5
Vroom_vroom The gritos pollo!!! Drives: Like a idiot Join Date: Jul 2012 Location: Las Vegas Posts: 1,215 View My Garage	Yup it was a stupid relative........ __________________ ______ If you don't stop how can they give you a ticket?-The Big Tuna___ '12 1Ls Camaro; Slp loud mouth I\|maganflow x-pipe\|Injen long ram intake\|brembo brake upgrade\| russell s.s. lines\|2LT polished 19's\|billet 5mm spacers\|tinted tail lights&markers\|pdmi\|billet c. can\| '13 Avenger R/T '77 T/A 6.6;, draining my wallet.

01-16-2015, 04:10 AM	#6
Vroom_vroom The gritos pollo!!! Drives: Like a idiot Join Date: Jul 2012 Location: Las Vegas Posts: 1,215 View My Garage	They where where called right after. The adjuster will get ahold of me after the shop looks at it. __________________ ______ If you don't stop how can they give you a ticket?-The Big Tuna___ '12 1Ls Camaro; Slp loud mouth I\|maganflow x-pipe\|Injen long ram intake\|brembo brake upgrade\| russell s.s. lines\|2LT polished 19's\|billet 5mm spacers\|tinted tail lights&markers\|pdmi\|billet c. can\| '13 Avenger R/T '77 T/A 6.6;, draining my wallet.

01-16-2015, 07:43 AM	#7
nyrfan Let's go Rangers! Drives: 13' AGM 2SS/RS L99 Join Date: Jun 2011 Location: Orlando, FL Posts: 10,742 View My Garage	Highly unlikely you'll qualify for depreciated value. Even if you do it will be $100 at best. __________________ Soprano 4/1/00-6/14/11, Gone but NEVER forgotten! FSP tuned: 377/389

01-16-2015, 01:56 AM	#4
guerrillakilla13 Drives: 2014 Camaro 2SS RS 1LE Join Date: Jul 2014 Location: Arizona Posts: 711	dang sorry to see that. Did you happen to catch the person? Get insurance info? That's some pretty serious damage that THEY should be paying for, not you.

01-16-2015, 08:23 AM	#8
Hylton Drives: fanboys and ass kissers crazy. Join Date: May 2008 Location: Ottawa, Ontario Posts: 7,280	Just get it done yourself. It's a $500 fix. All you need to do is buy a new bumper cover, drop it off at the paint shop and then install it yourself. No Carfax hit. __________________ "BBOMG - More than just a car show.... It's an experience!"

01-16-2015, 09:04 AM	#10
DarrenJ Drives: '67 Camaro ZZ4 & 2010 IOM 2SS Join Date: Oct 2008 Location: Real World USA Posts: 582 View My Garage	Cosmetic, no frame damage, let it go. You'll waste more time and effort trying to prove that one than it's worth, do yourself a favor and relax, get the car fixed at the best body shop in Vegas & let-it-go.....

01-16-2015, 09:32 AM	#12
pickwithaustin Drives: 2011 Camaro 2SS/RS Convertible and: Join Date: May 2014 Location: Central Texas Posts: 1,863	Have relative pay for the repair, no insurance involved. Don't park on the street. __________________ --------------------------- Currently in my Garage: 2011 Camaro 2SS/RS Convertible \| 1980 Corvette Stingray \| 1981 Firebird \| 1968 El Camino \| 2007 Crown Vic Police Interceptor \| 2001 Silverado \| 2001 Blazer \| 1965 Chevy C-10 \| 2007 Harley Softail Custom \| 2013 MX-5 in Copper Red Mica \| 2000 Corvette Convertible \| 2010 Corvette Grand Sport \| 2006 Audi A3 Turbo \| 2008 BMW 328i

01-16-2015, 09:39 AM	#13
RockerBox Drives: 2010 Silverado. Stock height now Join Date: Oct 2014 Location: Springfield Va Posts: 307	ZL1 bumper...

01-16-2015, 09:47 AM	#14
KaBoom1701 KaBoom1701 Drives: 13' ZL1 Red M6 Join Date: Dec 2012 Location: I.E. SoCal (Yucaipa) Posts: 8,630	This sucks man... But honestly it's a V6 front bumper....how much can it cost to just pay for it out of pocket if your that worried about the depreciation value? __________________ Mods: Roto-Fab Intake, WW Res. kit & Big Gulp Air Scoop, Elite Catch Can, ATI Super Damper & 18% OD Pulley, LF Idler pulley bracket, Metco CC breather, ID850 Injectors, Stainless Power Headers w/ ceramic coating, TR71X Spark Plugs, JMS Fuel Pump Booster, Bo White TB, Tuned by Ted @ Jannetty Racing, Ron Davis HX, D3 Reservoir, Pfadt 1" Springs, Moreno Camber Plates, ZL1 Addons Splitter guard washers, Tow Hook kit & rock guards, Hurst Shifter Billet Plus 6 Speed Short Shifter, ZL1 DRL lighting harness, ZL1 Recaro Seats.