Bimmerfest - BMW Forums - View Single Post - Shop tech wrecked my M3 on joyride!!!
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Old 07-25-2006, 08:26 AM
crvtt crvtt is offline
Officially Welcomed to the 'Fest
Location: PA
Join Date: May 2006
Posts: 275
Mein Auto: 745i
The problem is that you likely will not have a clean CarFax. CarFax lists accidents as well as air bag deployment. Hey, fender benders happen and most people can live with buying a car that was in a fender bender. But, show that same person a car that was in an accident where the airbags deployed and I'd venture to say most people would rather keep on looking OR be willing to buy the car at reducted price. Of all people the GM should know that high end cars with paint work are worth less. The paint work alone may only effect your value a few thousand. But, if your car has unibody damage this will GREATLY effect the value of your car since this is something that has to be disclosed at wholesale auto auctions. A late model high end unibody damage car will probably be worth about $5000 less than a straight car with no paint work. It's one thing if you were driving and you got into an accident, things happen and you have to deal with it. It seems that someone pulled out in front of your car, but, the tech was speeding so it's kind of his fault too, so why should you suffer the depreciation?
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