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Comments
How much, if any, does the Carfax report itself diminish the value of the vehicle?
If the vehicle had frame damage ands was reproted it will say it on car fax... But there always the ones that slip through... Moderate damage can be just a bumper though. If you are that worried bring it to a mechanic or a nissan dealer. I know my store would charge $90 to inspect the vehicle for you. Most independent shops charge about the same.
I would rather have a dealer look at it though because would notice frame damage right away. That is all you have to really be worried about.
Partly it depends on the car, the damage and what the report actually says.
This appears to be a nice clean Pathfinder SE 4WD with 98K on it - I'm not worried about unrepaired (or improperly repaired) damage.
Plus, w/ the new fender,and missing body sticker, its easier to see that it had been hit.
It looks to be worth $8000 to $8200 private party if it had a clean Carfax. With a blemished record like this, $7200 seems dicey to me.
I purchased a used Nissan Altima 2.5S model about 10 months ago. I'm now looking to trade, due to the fact that I'm just not happy with it. Well, I go to a Honda dealer to look at a 2007 Accord EX-L w/ Black Leather interior, nice. I'm considering to purchase the car, so the manager looks at what I'm trading. He notices that my car has had a PAINT JOB. What!!! No chance in me getting the kind of deal I was expecting. This news shocks the crap out of me. The cars value plummets. What can I do in my case? Can I take my Altima back to the original dealer and get some sort of refund? My suspicion is no, but surely there is something that I can do. Car fax shows a clean history. I live in TN, but the lemon law doesn't apply since the car wasn't purchased new. The paint job is nice, but if you look at the edges of the door, hoods, etc., it's so obvious. I hope that someone can give me some advice in my situation.
NOT accident repair.
Personally, i'd go back to the dealer you bought the Nissan from and trade it in to them.
Obviously, they knew the cars condition when they sold it to you, so they shouldn't have any qualms about taking it back in trade.
ah, sorry for the novel....
it was immediatly taken to a junkyard. Took 2 wreckers to push it onto the flatbed because all four rims where "toed" I think they called it; laymens they were broken/bent off and the car was sitting on the pavement. took pics of the car soon after that day, Seven, yes, seven including the dealership said it's gone, its totaled yet Farmers will not total it. FINALLY, I found a Lamborgini performance/repair shop up north that would accept my baby. A month later now, they are STILL finding more and more problems, I paid $120K, abt $10K over sticker as most of you know "it's an M6 Cabrio" rarest beauty BMW produces since they ship less than 1500 to the states with less than 500 being 'verts (so I told at the dealership) Clearly, the car is a rare gem, obviously took immaculate care of it, plastic was still on the back floorboards and parts of the seat. Had about 6500 miles on it (brief stint to southern Indiana as I won a contest to meet the band Staind (aka Aerosmith to those before my time) Other than this, the car sat in the garage, washed every weekend, waxed every month, yada yada you get the point.
So I find out they are putting aftermarket parts on it, suspension, rims, etc, I mean come on this is a performance, dream driving automobile and they are trashing it like this. In all fairness the shop did their darnest to explain how this is going to throw everything off because the computers are expecting this and that and this "inerta" - sp? Would absolutly not perform the same, tires are nitrogen filled, they ordered air, small to big changes to a less than 1 year old SuperCar. It is up to 45+K damage. Now, who in their right mind who is in the market for THE BMW M6 is going to even consider my car. I was blantently told by the adjuster (whom BTW appraised only 12K damage - shows you what he knows) that it will be restored to its pre-accident condition. True, it will "look" the same, but it will never handle or be worth anything. I planned on keeping this forever, it's a serialized collectors automobile - I love it to death, never drove it, but just loved it sittin all high and mighty. (not brag session here) but you folks seem to be great car enthusiasts and understand this peice of iron is worth next to nothing. One online DV assessment I followed in one of your links came back with $36K!!!
Those that made it this far, I thank you so much. That being said, what are my options? I am faced with a one car accident yet several; witnesses that saw what happened, the computers in the car show EXACTLY what happened, I am at no fault, 29 y/o male with a perfect driving record and a passion for "the automobile" if you will; owned quite a few cars along the way to this one and nothing compares, now its worth nothing. DV has NOT been discussed as I just found out right here on your board. Policy states nothing about this clause as well. SHould I contact farmer insurance and discuss options, get an appraisal first, hire a lawyer first - ---
ah, yall get the point and looking forward to ANY advice or how to approach this with the insurance. I'm an honest character, even returning the check they sent me for a rental because I have two other cars I can drive - why cost them money, they have been great in the past, I have sent well over a dozen clients in the past 15yrs with them, but I really dont want to upset them more than they CLEARLY already are, but this is my baby and this is why we have insurance and now I feel a bull as about to come crashing down when I try to sell it.
again, sorry so long, this site is so informational, had absolutly NO idea this DV was part of your insurance. It's clear they never said a word!!
What does DV mean?
hope that explains a little bit; but goggle around so much info; oh and google for Farmers Diminished Value Claim - lawsuit after lawsuit. I did several insurance co's and Allstate had the most- you should check your's out and perhaps re-read your policy or all your agent regarding this. it will make them cringe that YOU are educated.
dvassessDOTcom and mycarlostvalueDOTcom to get you started
Cheers!
link title
You go after the other guys ins co for DV if they are at fault in the accident.
It looks to me like you were in a 1 car accident.
Your insurance policy only requires that your car be repaired, so I don't think you are going to be able to go after your insurance co for diminished value.
If you want to take a look at the car go to
Pictures of my car
">link title
'11 GMC Sierra 1500; '08 Charger R/T Daytona; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '08 Maser QP; '11 Mini Cooper S
You said the car has been in an accident. It also has a ton of miles. That, in my opinion (and in the opinion of many many shoppers), puts it in the "average" category. Depending on the carfax report, it may not even be as high as average, to be honest.
'11 GMC Sierra 1500; '08 Charger R/T Daytona; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '08 Maser QP; '11 Mini Cooper S
I am considering a loaded 2007 Prius w 9K miles for $18500. The hitch is that it has a salvaged title & was originally registered in my county (so at least it is not flood car!). Carfax says airbag deployed. The seller swears it did not & says take it to a mechanic. I imagine even Carfax could make an occasional error.
I would definitely take it to Toyota dealer a for a pre-purchase inspection. Will a dealer be able to tell definitively if the airbag are functional or is there someway a savvy rebuilder could cover up a missing airbag? Thanks
Could it be wrong? Possibly
Could the police have got it wrong? Possibly
Could the seller be misrepresenting the vehilce? Possibly
Can a mechanic be able to tell if bags are functional? Probably
Can a missing bag be covered up? Probably
That's quite a few "ifs," especially on a vehicle that is worth one-third to one-half less than one without a salvage title.
Personally, I'd also be concerned about possible hidden damage to the battery pack and would pass on this puppy.
1 You aren't saving NEAR enough money.
That car does $20,-22k at the auction if its in 1 piece.
So, unless you can get the car for half that,it's really not worth it.
Second, salvage cars are rarely put back together correctly.
Who knows what will go wrong, and oh by the way,you have NO WARRANTY.
Just step up and pay real money like all the other lemmings, or save your cash and buy a Yaris.
KBB says worth about $4200 in "fair" condition. With the 2 factors listed above, what would a fair price be?. I have two people who want to buy it and I don't know what to ask for it.
Thanks!
Private party, the Buick is probably a $1000 car,if that.
I am interested in the interceptor mostly because I want a large rear-wheel drive car with some performance that I will not have to break the bank for. It helps that these are relatively cheap and easy to fix with abundant parts available. Suggestions and advice please!
Have you ever driven one? You mention performance, which this car does NOT have, so just want to make sure you know what you are getting. Just to give you an idea, the american Top Gear actually did a humorous bit where the 3 hosts were all driving Crown Vics in police guise and were absolutely dusted in a matter of seconds by the Stig driving a Honda Odyssey. While probably sensationalized a bit for TV, its really not far from the truth. Having said that, it should be a very reliable car when properly sorted.
'11 GMC Sierra 1500; '08 Charger R/T Daytona; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '08 Maser QP; '11 Mini Cooper S
Anyone have any stories or suggestions regarding companies who recondition them? What are they worth?
EDIT: I can't get the link to post. Oh well. If you search completed listings on Ebay, you can get an idea.
'11 GMC Sierra 1500; '08 Charger R/T Daytona; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '08 Maser QP; '11 Mini Cooper S