They got me!! Depreciation value?

[Mr_Draco]

Originally Posted by Vroom_vroom

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.

What kind of deductible are we talking about? As already said there is only about $500 damage there so if the deductible is $500 or more you'll be better off not dealing with the insurance company.

Also another thing to keep in mind, the courts have ruled that the insurance companies are not responsible for deprecation value, the person at fault is, and only if you sale or trade the car within a set time frame (30-60 days depending on the state) after the incident. As such most insurance companies have stopped paying deprecation claims all together even if you lawyer up and take them to court because they are not legally liable.

[J-Crazy Camaro]

I bet that will buff right out with some colored wax guy

[MBS]

Originally Posted by J-Crazy Camaro

I bet that will buff right out with some colored wax guy

Come on

[VOLmanTN]

No depreciation from a bumper. That's like saying if I put a SS bumper on, my car is worth less. You are better off seeing if they will give you a couple hundred bucks to have it painted than marking up your insurance record.

[Reggiocamaro]

Take the insurance money and upgrade ur bumper and get it painted. Unless ur planning on trading it in

[sbubbaklein]

Originally Posted by RockerBox

ZL1 bumper...

State Farm let me upgrade to ZL1 front end after hitting deer. Said I had to pay difference, Dealer gave me 100% credit on LT parts and gave me 10% off on the ZL1 parts. Only cost me $1.97. All GM parts except for Truecarbon ECF scoop.

[Vroom_vroom]

Well the wife made the decision to not go with the insurance. The tard that hit it had his lively hood on the line. (I told her to go insurance. Long story but the guy at fault is some kind of stupid) New bumper installed and painted along with removing the dent in the fender and alignment for a total cost of 1500. It's being covered by them after lots and lots of family drama and a I.o.u. Or two to several people not involved. I sware after this week I am staying in the house and drinking all weekend. Ugh.

She wants to trade in on a Cts sport wagon when it's paid off next year so no zl1 bumper.
But on the bright side that will be the end of me buying go fast parts two at a time……