It’s mostly cosmetic damage but now this car will show a minor accident on the carfax and will undoubtedly be harder to sell. How do I know how much to ask for?
It’s mostly cosmetic damage but now this car will show a minor accident on the carfax and will undoubtedly be harder to sell. How do I know how much to ask for?
I just had this exact thing happen to me in my M on Labor Day (I posted the video). I took my car back to the dealer for repairs. The body shop sent their documents to the general manager and she ran it through a program on her computer that calculated diminished value and put it on the dealers’ letter head. You may ask your dealer if they’ll do this too. Her comment was that if it were a regular sedan, it wouldn’t be worth it, but since it was an M…
You might be surprised at the cost of repairs. They replaced my diffuser, repaired the bumper plus some minor incidentals and it cost about $2k. I still have to have the paint protective film replaced and I’ll submit a diminished value claim of about $2.5k.
Just as a side note, my dealers’ body shop won’t work with the company touted by Flo. They had me go through my insurance then subrogate.