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Old 11-12-2012, 09:50 AM   #16 (permalink)
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If the car is repaired, and you don't plan on keeping the car for several years, you should consider selling or trading before the accident shows up on Carfax.
it'll be available on carfax within 5 business days.
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Old 11-12-2012, 11:08 AM   #17 (permalink)
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If the car is repaired, and you don't plan on keeping the car for several years, you should consider selling or trading before the accident shows up on Carfax.
Is not that hiding a problem? ie. being dishonest?

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Old 11-12-2012, 06:07 PM   #18 (permalink)
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Glad everybody is okay. Very hard to tell the damage until the adjusters take a look underneath but the damage does look substantial as others have said.

If it is fixed, the value will take a pretty good hit considering the amount of damage. Some states allow for compensation for depreciation if it's another party's fault, but that doesn't apply here.

My advice if it is fixed is either to go ahead and cut your losses and sell/trade it in as it will not likely drive the same (and I would question how it would respond to a second accident), or on the flip side plan to drive it for a long time, at which point the depreciation from an accident would be negligible.

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Originally Posted by wasjr View Post
If the car is repaired, and you don't plan on keeping the car for several years, you should consider selling or trading before the accident shows up on Carfax.
Sounds like an incredibly dishonest thing to do.
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Old 11-13-2012, 12:43 AM   #19 (permalink)
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Glad everybody is okay. Very hard to tell the damage until the adjusters take a look underneath but the damage does look substantial as others have said.

If it is fixed, the value will take a pretty good hit considering the amount of damage. Some states allow for compensation for depreciation if it's another party's fault, but that doesn't apply here.

My advice if it is fixed is either to go ahead and cut your losses and sell/trade it in as it will not likely drive the same (and I would question how it would respond to a second accident), or on the flip side plan to drive it for a long time, at which point the depreciation from an accident would be negligible.



Sounds like an incredibly dishonest thing to do.
+1 on what those guys said

Are they going to total it or fix it or give you a fat check to fix it?

If they total it, problem solved, right? If they fix it, see how it drives and maybe there wont be a noticeable difference, in which case keep it as long as you can stand it and drive the wheels off it.

There is huge liberation to driving a vehicle you are not emotionally attached to, as in the case of damaged goods, yet still highly useful.
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