My 2013 base 991 with only 3,900 miles was involved in a low speed rear ender. The repair consisted of a new rear bumper cover, a new center muffler and a new passenger side muffler. The repair was performed by a Porsche certified body shop that had an open order from State Farm for the repairs. They looked hard but could find no damage to the chassis, suspension, or engine. There was no sheet metal damage and the only body work was bolting on the new bumper cover. If you were in the market for a 2103 base 991, would this accident deter you from considering this car given that repairs were strictly bolt-ons? I am trying to decide how hard to fight State Farm for diminished value. Thanks.

 

There was another post at one point about this or on Rennlist. I think it's pretty much a lost cause.

They've fixed the car, not like anyone is going to pay out for some perceived loss in value. I've never heard of it.

In reality it's only cosmetic. No problem, but will hurt resale as all buyers freak out about an accident and repaint. No big issue like I said, but the perception is worse than the reality.

Also, Porsche won't CPO a car with an accident.

 

http://rennlist.com/forums/991/85248...l#post11938511

 

This is not accurate information. There are limitations to how many panels can be repaired/painted but the statement you made is not 100% accurate. For example, 1 or 2 doors painted qualifies for CPO.

 

Page 16 & 17 of this BMW Northwest Region newsletter might help....

http://www.bmwpugetsound.com/wp-cont...013_wlinks.pdf

 

Panels can be painted because of door dings or scratches. There is a difference between that and a driving traffic collision.

An "accident" on it's record ie: CarFax or whatever is another story. If there is an accident/collision listed I believe a CPO is a no go.

 

OP: It can't hurt to reach out to the person who hit you and explain nicely (or not so nicely) that you will sue them for diminished value if they don't pony up a satisfactory amount. Particularly if it was a commercial driver, they may well choose to cut you a check rather than risk even the slight chance of a suit. One of the first things we learn as lawyers is that such assertions are free... so I say feel free to make them.

 

Sounds a bit like pointless extortion...pay me $xx.xx, or else I'll sue. The plaintiff always will have the burden of proof and in this case it would be proving something that cannot at present be substantiated.

 

I was considering buying a CPO 997 before I bought my 2007. I noticed inside the door there was a significant dent just below the latch. My paint meter measured thick paint on both the door and rear corner panel and the engine lid was not aligned evenly on both sides. I was shocked because I assumed there couldn't be any damage. I did not buy the car and looked up the criteria for CPO and was shocked it was so liberal and then, these guys didn't even meet that liberal criteria and had certified it. I would never buy a CPO Porsche.

ChuckJ

 

"They've fixed the car, not like anyone is going to pay out for some perceived loss in value. I've never heard of it. "


In Georgia at least, your insurance company will pay you a separate amount for diminished value.


I had someone run into the side of my 6 month old Lincoln MKX with a motor scooter. They did about $3,000 of damage to the side of the car.


Allstate covered that cost and a bit later I got another check in the mail for about $500 for diminished value.

 

In British Columbia back in the 80's our Supreme Court ruled there can be a diminished value claim. Unfortunately our provincial insurance company (ICBC) refused at the time to acknowledge it as a precedent and essentially required every claimant to try their own case in the courts. So much for precedents.

 

See if it shows up on CarFax.
If it does, then you do have a case.

 

Here's another question: if you are leasing a car and get into a minor fender bender and it's fixed without reporting to insurance, do you have to pay anything extra or mention it when returning the car at the end of the lease?

 

That would depend on the wording in the lease itself as to what you have to report. However, if you were asked when you returned the car if it had been hit/damaged and said no in most jurisdictions that could be fraud. Doesn't matter who/how the damage paid. In BC we have to declare if over $2k in damage when the vehicle was damaged (I think that's the current exemption amount).

 

For a lease you can't be penalized if the car was in an accident and repaired up to standards.

One nice thing about leasing. You're not stuck with a car with damage on the record.