S2000 Talk Discussions related to the S2000, its ownership and enthusiasm for it.

Diminished Value

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Old Dec 22, 2005 | 04:09 AM
  #11  
Liquidsation's Avatar
20 Year Member
 
Joined: Aug 2004
Posts: 2,742
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From: Hendersonville TN
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Carpe Diem,

If you can get them to agree that they own you some DV then you start with the S is a rare car with finnicky buyers. 99% of buyers in the used market walk away from an S2000 that has had body damage, period! If they want it, they will only pay a fraction of its value. If you lost your job tomorrow or had unexpected medical bills and was forced to sell the car then it would bring $????? below KBB. That is the number you want. You may have to negotiate from there.

DV is not paid out by insurance companies from any angle from what I have been told by a friend in the claims business unless you are in certain states. Even then, they have calculators that show what you are allowed and it is not much. You have to go after the owner of the vehicle that hit you. you can try to drag their insurance company into it but good luck.
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