My new Z got rear ended!

Powerwiz · 01-27-2016, 05:04 AM

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!

nismo2evox · 01-27-2016, 07:53 AM

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.

ed0157 · 01-27-2016, 10:20 AM

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,

God bless you all!

01-27-2016, 05:04 AM	#1 (permalink)
Powerwiz Base Member Join Date: Dec 2014 Location: El Paso Posts: 120 Drives: 2015 Nissan 370Z MT Rep Power: 12	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! __________________ 2015 370z Touring 6MT Black Metallic \| Stillen Gen 3 CAI \| Ark Performance DT-S exhaust

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01-27-2016, 07:53 AM	#2 (permalink)
nismo2evox Base Member Join Date: Mar 2013 Location: Boston Posts: 39 Drives: Evo X Rep Power: 14	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.

01-27-2016, 10:20 AM	#3 (permalink)
ed0157 Base Member Join Date: Jan 2016 Location: Atlanta Posts: 23 Drives: 16 Nissan MR 370Z M6 Rep Power: 11	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, God bless you all!