05-15-2022, 10:05 PM | #57 |
Drives: 2020 Chevy Camaro 2SS Join Date: Mar 2020
Location: South Carolina
Posts: 29
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05-15-2022, 11:25 PM | #58 |
Drives: 2018 Camaro RS 3.6 A8 Join Date: Jun 2018
Location: Toronto, Ontario
Posts: 171
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Glad you got your Camaro back. However, with that amount of a damage claim, and the the price drop that goes with it, it's essentially unsellable outside of the wholesale market, or a private sale. Not an issue though, if you don' t plan on selling it.
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05-16-2022, 05:43 AM | #59 |
Banned
Drives: 2018 Camaro SS1 1LE Join Date: Feb 2017
Location: Georgia
Posts: 1,595
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Did you get a payment for diminished value? In Georgia that would have been a lot of $. Probably at least $5,000. My son’s bill on his 2020 Mustang was just over $13,000. Diminished value was about $2,500.
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05-16-2022, 07:41 AM | #60 | |
Drives: 2020 Chevy Camaro 2SS Join Date: Mar 2020
Location: South Carolina
Posts: 29
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Quote:
I took it by Carmax yesterday and they gave me a very reasonable offer for it. Maybe it is the wholesale price for it but it was almost $40k. Much more than what I owe on it anyway. |
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05-16-2022, 07:44 AM | #61 | |
Drives: 2020 Chevy Camaro 2SS Join Date: Mar 2020
Location: South Carolina
Posts: 29
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Quote:
No I didnt. Since it is my own insurance company I figured it was very unlikely they would pay that out to me. |
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05-16-2022, 07:55 AM | #62 |
Drives: 2016 2SS Convertible Join Date: Dec 2019
Location: SE Michigan
Posts: 580
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Did CarMax run the CarFax on it, or did you disclose the history? If not, their offer is based on a "clean" history, and will not likely stand once they find the history. It's unfortunate things happened this way, but the car should have been totaled.
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2016 2SS Convertible
Hyper Blue/Ash Gray A8 Magnetic Ride Control Dual Mode Exhaust 2019+ version Split Spoke Silver Wheels Navigation Silver Rally Stripes |
05-16-2022, 08:03 AM | #63 |
Drives: LT W/2LT,blue metallic Join Date: Jul 2016
Location: central florida
Posts: 4,919
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it looks good.as long as its driving well i would just keep it.
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05-16-2022, 08:33 AM | #64 |
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^ This
The adjuster needs an attitude adjustment. You have to get tough with these guys and refuse to have your car repaired.They don't care if you end up with a repaired car that squeaks and rattles and has a horrible resale value because of the Carfax. Most people are unaware of the diminished value claim but this car is a textbook case. |
05-16-2022, 08:49 AM | #65 |
Drives: 21 Bronco Join Date: Jun 2012
Location: Carol Stream
Posts: 6,026
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Wow I am shocked it wasn't totalled
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05-16-2022, 09:08 AM | #66 | |
Drives: 2020 Chevy Camaro 2SS Join Date: Mar 2020
Location: South Carolina
Posts: 29
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Quote:
They looked over the whole car and noted all the panels and paint were not original on the drivers side. Im pretty sure they ran the report, I told them it had been in an accident. They were willing to buy the car on the spot for their offer. |
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05-16-2022, 09:15 AM | #67 | |
Drives: 2020 Chevy Camaro 2SS Join Date: Mar 2020
Location: South Carolina
Posts: 29
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Quote:
The adjuster and the shop both noted the repair needed to be $30k to total the car, but the initial estimate came in at $25k. Sucks that the final bill was $40k (although im sure they dont count the rental cost) but your right the car should have been totaled. Im still torn between keeping it and selling it. For the offer I got from Carmax I can still walk away +$10k positive. Would like a little more from a private sell but it will take a long time I think. |
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05-16-2022, 09:25 AM | #68 | |
Drives: 2016 Camaro 2SS Hyper Blue Metallic Join Date: May 2020
Location: WI
Posts: 2,451
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Quote:
I'd let it go. |
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05-16-2022, 09:25 AM | #69 |
Drives: 2019 Camaro 2SS Vert Join Date: Apr 2020
Location: BC, Canada
Posts: 174
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If Carmax is offering you $40k for it and everything is disclosed and they are aware of the accident; take the money and run. Just my two cents having owned a few cars that were unfortunately in accidents. This used market is going to fizzle out and no one will give you anywhere close to the $40k when said and done. Good luck!
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05-16-2022, 10:30 AM | #70 | |
Account Suspended
Drives: 2022 ZL1 M6/Nissan Leaf Join Date: May 2016
Location: Dallas
Posts: 1,138
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Quote:
What's your insurance rate going to be the next time you go to renew would be my next concern. Hell, I'd look at another carrier if I were you. This of course would be after you sell the car to CarMax. |
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Tags |
2ss, accident, camaro, total, wreck |
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