Matthew Fortner wrote:
Kenny Hawkins will make it good as new. And their estimates include lost value.
Retro bump...
My wife's IS300 is sitting at Kenny Hawkins' now and hopefully it is salvageable after a nasty rear-ender this morning. Can anyone explain how this works or any first hand experience?
My State Farm agent explained to me this morning that sometimes with a repair in the 25% of the car's value range, you may see a check for lost value due to the wreckage after the repairs have been performed.
thanks,
Matt
This is called a Diminshed Value Claim or Before and After. The older and more miles on a car the harder to get. The best way to handle is to go to the dealer and get a written statement of the decrease trade in and retail based on your car that will be showing a carfax with the amount of repairs you are looking at. VERY HARD TO GET! sorry.