So she backs into my car....
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Joined: Apr 2011
Posts: 2,358
From: Melbourne
Rep Power: 214
Most Aston dealerships will not sell a car that has a Carfax incident report. If they take the car in trade, they will knock a huge amount off the trade offer and then send the car to an auction. You could probably expect to take a hit for at least $10K in diminution of value. I speak from experience.
Also, don't be surprised if the repairs for this damage from a factory-authorized paint and body shop go over $15,000. When the body shop makes a repair, they buy the parts from the dealership at full retail price so the dealership gets maximum profit. The body shop will then tack on its own profit margin on top of that price. In addition to the new fender which will have to be replaced, paintwork will require partial painting of the bonnet, bumper and door (even if they had no damage) because they will need to feather the paint in.
Hopefully, the lady's insurance is sufficient to cover the full repair. Otherwise, your insurance will pay for the repair and then go after her and her insurance company to get the money back. In my case with my previous Vantage, the girl had the bare minimum coverage. I understand that she had to be put on a payment plan to repay the damage because her coverage was for $10K and the repair of my car came up to a whopping $36K. It took two years for me to get my deductible back.
Sorry that you have to go through this, it's heartbreaking I know.
Also, don't be surprised if the repairs for this damage from a factory-authorized paint and body shop go over $15,000. When the body shop makes a repair, they buy the parts from the dealership at full retail price so the dealership gets maximum profit. The body shop will then tack on its own profit margin on top of that price. In addition to the new fender which will have to be replaced, paintwork will require partial painting of the bonnet, bumper and door (even if they had no damage) because they will need to feather the paint in.
Hopefully, the lady's insurance is sufficient to cover the full repair. Otherwise, your insurance will pay for the repair and then go after her and her insurance company to get the money back. In my case with my previous Vantage, the girl had the bare minimum coverage. I understand that she had to be put on a payment plan to repay the damage because her coverage was for $10K and the repair of my car came up to a whopping $36K. It took two years for me to get my deductible back.
Sorry that you have to go through this, it's heartbreaking I know.
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Registered User
Joined: Nov 2013
Posts: 813
From: New Jersey
Rep Power: 52
Most Aston dealerships will not sell a car that has a Carfax incident report. If they take the car in trade, they will knock a huge amount off the trade offer and then send the car to an auction. You could probably expect to take a hit for at least $10K in diminution of value. I speak from experience.
Also, don't be surprised if the repairs for this damage from a factory-authorized paint and body shop go over $15,000. When the body shop makes a repair, they buy the parts from the dealership at full retail price so the dealership gets maximum profit. The body shop will then tack on its own profit margin on top of that price. In addition to the new fender which will have to be replaced, paintwork will require partial painting of the bonnet, bumper and door (even if they had no damage) because they will need to feather the paint in.
Hopefully, the lady's insurance is sufficient to cover the full repair. Otherwise, your insurance will pay for the repair and then go after her and her insurance company to get the money back. In my case with my previous Vantage, the girl had the bare minimum coverage. I understand that she had to be put on a payment plan to repay the damage because her coverage was for $10K and the repair of my car came up to a whopping $36K. It took two years for me to get my deductible back.
Sorry that you have to go through this, it's heartbreaking I know.
Also, don't be surprised if the repairs for this damage from a factory-authorized paint and body shop go over $15,000. When the body shop makes a repair, they buy the parts from the dealership at full retail price so the dealership gets maximum profit. The body shop will then tack on its own profit margin on top of that price. In addition to the new fender which will have to be replaced, paintwork will require partial painting of the bonnet, bumper and door (even if they had no damage) because they will need to feather the paint in.
Hopefully, the lady's insurance is sufficient to cover the full repair. Otherwise, your insurance will pay for the repair and then go after her and her insurance company to get the money back. In my case with my previous Vantage, the girl had the bare minimum coverage. I understand that she had to be put on a payment plan to repay the damage because her coverage was for $10K and the repair of my car came up to a whopping $36K. It took two years for me to get my deductible back.
Sorry that you have to go through this, it's heartbreaking I know.
I have to tell you ever since my little scratch I actually felt better driving my Aston. It took it off of a pedestal or something. I catch my self enjoying it more now.
Maybe I'm just strange like that, but I catch myself having more fun with it.
Maybe I'm just strange like that, but I catch myself having more fun with it.
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Joined: Sep 2015
Posts: 1,043
From: Weeki Wachee Florida
Rep Power: 62
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Joined: Apr 2009
Posts: 4,366
From: NoVa
Rep Power: 295
Wow, really sorry to see this!!
I've been through the diminished value stuff myself, and I suggested in another recent thread that it might be worth getting a lawyer.
Here's the thread from my accident (other driver was 100% at fault)
https://www.6speedonline.com/forums/...hed-value.html
Long story short, his insurance company didn't want to pay out, so I sued him. His insurance company brought in a lawyer and "expert appraiser" from CarFax. They had no way to refute my data, and the judge awarded me more than I sued for. The case was so one-sided that my lawyer took less than we agreed upon because I did all the work lol. Happy to consult if needed
I've been through the diminished value stuff myself, and I suggested in another recent thread that it might be worth getting a lawyer.
Here's the thread from my accident (other driver was 100% at fault)
https://www.6speedonline.com/forums/...hed-value.html
Long story short, his insurance company didn't want to pay out, so I sued him. His insurance company brought in a lawyer and "expert appraiser" from CarFax. They had no way to refute my data, and the judge awarded me more than I sued for. The case was so one-sided that my lawyer took less than we agreed upon because I did all the work lol. Happy to consult if needed
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Joined: Apr 2011
Posts: 2,358
From: Melbourne
Rep Power: 214
The girl that ran into the back of one of my Astons really did a number on me psychologically. Since that incident, I now am completely paranoid of anyone that stops too close behind me at a stop light.
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Joined: Aug 2013
Posts: 501
From: Central Florida
Rep Power: 33
Wow- Sorry it happened. The diminished value loss can be realized depending on the State you live and it's insurance laws. It's worth checking into. The accident/repair will remain with the car. I assure you it will come into play if you trade or sell it.
Registered User
Joined: Nov 2015
Posts: 609
From: St. Pete
Rep Power: 37
Most Aston dealerships will not sell a car that has a Carfax incident report. If they take the car in trade, they will knock a huge amount off the trade offer and then send the car to an auction. You could probably expect to take a hit for at least $10K in diminution of value. I speak from experience.
Also, don't be surprised if the repairs for this damage from a factory-authorized paint and body shop go over $15,000. When the body shop makes a repair, they buy the parts from the dealership at full retail price so the dealership gets maximum profit. The body shop will then tack on its own profit margin on top of that price. In addition to the new fender which will have to be replaced, paintwork will require partial painting of the bonnet, bumper and door (even if they had no damage) because they will need to feather the paint in.
Hopefully, the lady's insurance is sufficient to cover the full repair. Otherwise, your insurance will pay for the repair and then go after her and her insurance company to get the money back. In my case with my previous Vantage, the girl had the bare minimum coverage. I understand that she had to be put on a payment plan to repay the damage because her coverage was for $10K and the repair of my car came up to a whopping $36K. It took two years for me to get my deductible back.
Sorry that you have to go through this, it's heartbreaking I know.
Also, don't be surprised if the repairs for this damage from a factory-authorized paint and body shop go over $15,000. When the body shop makes a repair, they buy the parts from the dealership at full retail price so the dealership gets maximum profit. The body shop will then tack on its own profit margin on top of that price. In addition to the new fender which will have to be replaced, paintwork will require partial painting of the bonnet, bumper and door (even if they had no damage) because they will need to feather the paint in.
Hopefully, the lady's insurance is sufficient to cover the full repair. Otherwise, your insurance will pay for the repair and then go after her and her insurance company to get the money back. In my case with my previous Vantage, the girl had the bare minimum coverage. I understand that she had to be put on a payment plan to repay the damage because her coverage was for $10K and the repair of my car came up to a whopping $36K. It took two years for me to get my deductible back.
Sorry that you have to go through this, it's heartbreaking I know.
Also, sorry about your experience, sad that insurance carriers always make sure their packets are filled before yours.
Thread Starter
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Joined: Nov 2013
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From: New Jersey
Rep Power: 52
Update....
The estimate came in... Just under $5000. The greatest expense is the fender itself @ $1,925.6. I know this price is inflated since I checked for myself what at one of the third party seller. This price is actually doubled!
Oh well, I don't car. So for a "minor" $5000 repair job, I lose 25 percent of the value of my car! You can't make this stuff up....
Oh well, I don't car. So for a "minor" $5000 repair job, I lose 25 percent of the value of my car! You can't make this stuff up....
Thread Starter
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Registered User
Joined: Nov 2013
Posts: 813
From: New Jersey
Rep Power: 52
The car is repaired. I believe they did a decent job. The final cost was approximately $6,184. They had to replace the clear bra on both front quarters, as well as the bumper.
At the end of the day, it took 2 months to get the repairs done. Meanwhile, summer is just about over! Oh well, there's always next summer's driving season.
At the end of the day, it took 2 months to get the repairs done. Meanwhile, summer is just about over! Oh well, there's always next summer's driving season.
Last edited by terminal_ac; Sep 1, 2016 at 03:14 PM.
Thread Starter
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Registered User
Joined: Nov 2013
Posts: 813
From: New Jersey
Rep Power: 52
Dropped it off at Aston Martin Summit and they subcontracted it out to:
Peotter's Auto Body
186 Broad St, Summit, NJ 07901
908-273-4000
This shop is certified by Aston Martin to perform B level work.
I believe there is only one shop is NJ that is A level certified.
