Home Forums Articles How To's FAQ Register
Go Back   Xoutpost.com > Off-topic > The Lounge
Fluid Motor Union
User Name
Password
Member List Premier Membership Today's Posts New Posts

Xoutpost server transfer and maintenance is occurring....
Xoutpost is currently undergoing a planned server migration.... stay tuned for new developments.... sincerely, the management


 
 
LinkBack Thread Tools Display Modes
Prev Previous Post   Next Post Next
  #18  
Old 09-06-2010, 02:33 PM
ard ard is offline
Member
 
Join Date: Mar 2006
Location: Sierra Foothills, California
Posts: 6,765
ard is on a distinguished road
Quote:
Originally Posted by koister2001 View Post
plus, his car will NEVER be fixed to the original spec, let alone the salvage, or rebuilt title due to the extent of the damage.

Of course.

The car is a total at this point. Value of the car minus repairs, minus Diminished Value put it near zero. Just my guess. (When trying to assess DV, I want you to imagine the following statement prior to the start of bidding for this car. "Here we have a car with a low blue of $43k, however it was in an accident and sustained 30k worth of damage including suspension parts- good news is that a BMW dealer fixed it.... who'll give me $30k?". DV is then 13k.)

The only question is what legal theory or exploit will the owner pursue to (a) get the DV claim allowed by the dealer or the insurer, and (b) be compensated for his time, energy, loss of use, and (3) possible punitive damages.

The easy part is getting an insurer to agree to the cost to fix. They'll do that in a week.

But that is FAR from where this issue needs to be resolved....

A
Reply With Quote
 

Bookmarks


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On





All times are GMT -4. The time now is 10:34 PM.
vBulletin, Copyright 2026, Jelsoft Enterprises Ltd. SEO by vBSEO 3.6.0
© 2017 Xoutpost.com. All rights reserved. Xoutpost.com is a private enthusiast site not associated with BMW AG.
The BMW name, marks, M stripe logo, and Roundel logo as well as X3, X5 and X6 designations used in the pages of this Web Site are the property of BMW AG.
This web site is not sponsored or affiliated in any way with BMW AG or any of its subsidiaries.