LastLight
Full Access Member
Regardless of if they can return it to factory condition you will still suffer a loss in value. This damage will now show up on a CARFAX report and thus hurt your overall value should you trade the vehicle in at some point.
I had my truck (not a raptor) rear ended when It was 2 months old and had about 2000 miles on it.
There is an issurance law that states if your vehicle suffers a loss in value that the at fault drivers insurance company has to pay you to offset that loss in value.
In my accident I really didn't have that much damage ( the report said I had possible frame damage) but being as my truck was still in new condition they paid me an additional $5000 after they had paid for all repairs. Now they didn't offer this freely and they argued it all the way. But I followed the guidelines in what was necessary to get this paid to me.
I refused to settle until they paid. I wrote a letter challenging there offer to settle to the insurance company pointing out this law. I even spoke to an attorney who wrote a letter to them (cost me $50). I even got a letter from Toyota stating they would not accept my vehicle at TMV because of the damage if I traded it back in. But in the end I got $5000 above repairs and medical expenses because my car would now show up on CARFAX as damaged and thus no dealer would give me true value.
Right or wrong, my value was damaged on my truck. I took the $5k check, got a lift kit and new off road bumper.
When the dealer recently asked about me trading in my tacoma on the raptor the first thing they did was pull a car fax and asked me about that rear end damage. The offer immediately went down even though it was repaired to factory standards.
Just a thought anyway.
I cant remember the name of that law as it was 5 years ago, but I know my loss in value was offset upfront by the at fault drivers insurance. If I get a lower than average trade in offer at least I know it was covered.
I didn't screw no one or no insurance company. I simply got what i was owed because i teenager was texting, ran off the road and rear ended my truck while I was parked 5 feet off the side of the road.
I had my truck (not a raptor) rear ended when It was 2 months old and had about 2000 miles on it.
There is an issurance law that states if your vehicle suffers a loss in value that the at fault drivers insurance company has to pay you to offset that loss in value.
In my accident I really didn't have that much damage ( the report said I had possible frame damage) but being as my truck was still in new condition they paid me an additional $5000 after they had paid for all repairs. Now they didn't offer this freely and they argued it all the way. But I followed the guidelines in what was necessary to get this paid to me.
I refused to settle until they paid. I wrote a letter challenging there offer to settle to the insurance company pointing out this law. I even spoke to an attorney who wrote a letter to them (cost me $50). I even got a letter from Toyota stating they would not accept my vehicle at TMV because of the damage if I traded it back in. But in the end I got $5000 above repairs and medical expenses because my car would now show up on CARFAX as damaged and thus no dealer would give me true value.
Right or wrong, my value was damaged on my truck. I took the $5k check, got a lift kit and new off road bumper.
When the dealer recently asked about me trading in my tacoma on the raptor the first thing they did was pull a car fax and asked me about that rear end damage. The offer immediately went down even though it was repaired to factory standards.
Just a thought anyway.
I cant remember the name of that law as it was 5 years ago, but I know my loss in value was offset upfront by the at fault drivers insurance. If I get a lower than average trade in offer at least I know it was covered.
I didn't screw no one or no insurance company. I simply got what i was owed because i teenager was texting, ran off the road and rear ended my truck while I was parked 5 feet off the side of the road.
