So I went to trade my truck in for a Corvette Z06 today. Needless to say it didn't go well....
Last year, I was hit on the freeway. Wasn't my fault, damage wasn't horrible but it was enough. So anyways the other guys insurance paid for everything. I asked the insurance agent about what the damage to what my truck was worth would be. He told me "No it won't effect it because it is mostly minor cosmetic damage. No damage to the frame or drivetrain, so it won't hurt it." So I though COOL!
I show up and drive this Corvette today and fall in love. I'm ready to get it and get rid of my damn truck....Except that the accident DID make my truck worth less, like $5,000 less! So I don't get the vette and I come home really pissed off! Now I'm going to hire a lawyer and basically file a 2nd insurance claim with that company for what they called "Compensation For Depreciated Value." What a pain in the ass.....FML
Last year, I was hit on the freeway. Wasn't my fault, damage wasn't horrible but it was enough. So anyways the other guys insurance paid for everything. I asked the insurance agent about what the damage to what my truck was worth would be. He told me "No it won't effect it because it is mostly minor cosmetic damage. No damage to the frame or drivetrain, so it won't hurt it." So I though COOL!
I show up and drive this Corvette today and fall in love. I'm ready to get it and get rid of my damn truck....Except that the accident DID make my truck worth less, like $5,000 less! So I don't get the vette and I come home really pissed off! Now I'm going to hire a lawyer and basically file a 2nd insurance claim with that company for what they called "Compensation For Depreciated Value." What a pain in the ass.....FML