Even though you won't be paying except your deduct will be a pricey fix. My KIA I used to have..2 inch gash required complete replacement of bumper. Was like 1200 bucks!

Hi There,

I just skimmed trough the other posts but had a similar situation with my Father's Porsche Panamera GTS.

He got rear ended with 200 miles and we tried to figure out how to get a diminished value claim.

Short answer - You generally can not get a diminished value claim unless you sell the car. The reason being is the diminished value is the difference between what your car is worth for sale without any damage and the difference when factoring in the damage/car fax report is the "diminished value".

However, if you can get the dealer to buy it back for whatever price they offer you and can convince the insurance company it is a new car and to set the diminished value payment equal to the difference you might have a shot, but it is highly unlikely. Primarily because they may say that as soon as you drove it off the lot (Especially with a Z) it has depreciated astronomically and the diminished value difference wouldn't be worth it.

If your car is long used and this happened it may be a different story though.

Sorry about the situation, I know how frustrating it is. Best of luck and let us know how you make out.

man, that's not good. I hate it. Sorry you must feel sad and mad.

Been down the road with diminished value. They will try to pull out a formula used in a State Farm Case. It is not right!. This value is negotiable. There are people that can help you with getting the correct value. With a new car you should get thousands. Do not let them push you around. They are not your friends. You were the one done dirty. Good Luck!

I was in a complete stop in traffic and boom! got hit :crying: I don't know how I kept my sanity when I saw the damage.

Geico, I will look for one and see what they say. Thank you for the info :tup:

Both fenders have damage too :mad:

I did, hope to get better soon with the treatment.
Thank you TreeSemdyZee

I want to thank you all for everything, I will let you all know how It goes and will post pics when it is fix.

I wish you all the best, :D

God bless you all!

I was hoping you wouldn't say Geico. They ******* suck when it comes to DV. I fought them on my truck. If you want more than $1k get ready to take them to court. Their standpoint is they save more money by paying a lawyer to fight your claim than paying it out.

Lmao coming from State Farm over here... :iagree:

Sorry OP.. the Lizard don't help no one.

And not to toot your horn but I hear State Farm is the best when it comes to paying DV. They'll still lowball you at first, cuz that's what insurance companies do, but they ultimately will pay a 'fair' amount.

But I like tooting horns lol. :yum:

Just be sure to tell the other driver's ins. co. that the more grief they give you over diminished value the more your neck and back are hurting, causing your wife/girlfriend to bitch about her "loss of services".

:iagree: