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.

MagmaRed370z · 01-27-2016, 08:00 AM

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

jeritol · 01-27-2016, 09:01 AM

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!

ed0157 · 01-27-2016, 09:54 AM

Quote:

Originally Posted by RobV

I just don't know how rational I would be if someone did that to me,just got mine 4 months ago. Sorry to see it happen to you,glad your OK though.

Quote:

Originally Posted by littlejuanito

Sorry to hear that. How did it happen?

I was in a complete stop in traffic and boom! got hit

I don't know how I kept my sanity when I saw the damage.

ed0157 · 01-27-2016, 09:55 AM

Quote:

Originally Posted by jwick

What insurance are you dealing with?

And yes there are companies out there that will do a diminished value assessment. You aren't going to get very far with the insurance company without one.

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

ed0157 · 01-27-2016, 10:09 AM

Quote:

Originally Posted by BuckeyeZ

I know it doesn't seem like it now, but the damage doesn't look that severe. My guess is a new rear fascia and probably a new crash beam underneath. Hard to say until the fascia is removed......

It doesn't appear to be any damage to the fenders, which would be more complicated to repair. Looks like the hatch is good too. I think it looks skewed due to the fascia being shifted.

Let's us know how the repairs go....hope to see you back on the forum soon!

Both fenders have damage too

ed0157 · 01-27-2016, 10:14 AM

Quote:

Originally Posted by TreeSemdyZee

You mentioned being sore (which is bound to happen when you're rear-ended). Make sure their insurance pays for any medical/chiropractor bills incurred.

On that note, I'd recommend going to a chiropractor. I got rear-ended 30 years ago and went. Within a few months, everything was back in place where it should be. My neck and back were messed up.

Sorry to see this though. It's bad enough when you've had one for a few years, but a few weeks is rough.

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

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!

jwick · 01-27-2016, 11:31 AM

Quote:

Originally Posted by ed0157

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

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.

birdman71 · 01-27-2016, 11:49 AM

Quote:

Originally Posted by jwick

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...

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

jwick · 01-27-2016, 12:15 PM

Quote:

Originally Posted by birdman71

Lmao coming from State Farm over here...

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.

birdman71 · 01-27-2016, 12:43 PM

But I like tooting horns lol.

DYNAZOR · 01-28-2016, 07:10 AM

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".

ed0157 · 01-28-2016, 08:34 AM

Quote:

Originally Posted by DYNAZOR

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".

01-27-2016, 05:04 AM	#31 (permalink)
Powerwiz Base Member Join Date: Dec 2014 Location: El Paso Posts: 120 Drives: 2015 Nissan 370Z MT Rep Power: 10	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

01-27-2016, 08:00 AM	#33 (permalink)
MagmaRed370z A True Z Fanatic Join Date: Jun 2014 Location: USA Posts: 1,468 Drives: 14' 370z Sport Magma Rep Power: 12	man, that's not good. I hate it. Sorry you must feel sad and mad. __________________ Sold: 2014 Magnetic Black Base. Current: 2014 Magma Red 370z Sport \| ARK Grip Exhaust \| 25mm HR Spacers \| GTR Button \| DRL Mod

01-27-2016, 09:01 AM	#34 (permalink)
jeritol Base Member Join Date: Sep 2014 Location: North Georgia Posts: 9 Drives: 370Z Rep Power: 10	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! ed0157 likes this.

01-27-2016, 12:43 PM	#43 (permalink)
birdman71 A True Z Fanatic Join Date: Apr 2015 Location: Los Angeles, CA Posts: 1,579 Drives: People Crazy! Rep Power: 40	But I like tooting horns lol. __________________ *Birdman's Build:* Powerhouse Amuse/ Nismo/ Eibach/ ACT/ Tommy Kaira/ Avant Garde/ Fast Intentions/ Project Kics/ Fly 1 Motorsports/ EVO-R/ Z1 Motorsports/ Weber Sports/ Zoom/ Zele Japan

01-28-2016, 07:10 AM	#44 (permalink)
DYNAZOR Base Member Join Date: Feb 2012 Location: North Carolina Posts: 152 Drives: '15 370Z Solid Red Rep Power: 13	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". Ghostvette and ed0157 like this.

01-27-2016, 07:53 AM	#32 (permalink)
nismo2evox Base Member Join Date: Mar 2013 Location: Boston Posts: 39 Drives: Evo X Rep Power: 12	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	#39 (permalink)
ed0157 Base Member Join Date: Jan 2016 Location: Atlanta Posts: 23 Drives: 16 Nissan MR 370Z M6 Rep Power: 9	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!

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