Frame Damage
Le Mans Master
Joined: Oct 2012
Posts: 6,391
Likes: 1,453
From: South Dakota
I would be VERY reluctant to buy a vehicle knowing it had previous frame damage, unless it was an old pickup or something that I just wanted to buy cheap. But a high end car like a vette...no way!
Le Mans Master
Joined: Jun 2011
Posts: 8,049
Likes: 329
From: Charlotte NC
St. Jude Donor '14-'15
No I would not buy a car with frame damage. I would get a lawyer and try to figure out what his fees will be and then what you can get for the car when you sell it and try to get a Total Cost and dump the car and not take a loss. After all you did nothing wrong why should it cost you money.
Team Owner
Joined: Jun 2005
Posts: 46,295
Likes: 2,596
From: Northern, VA
St. Jude Donor '15
"In honor of jpee"
I guess $5K reduction in price sounds reasonable, but how would you know that it is in decent condition at any price? I guess that's why I'd agree more with the above than tonylmiller's post altho I see his point. It's not like all frame-damage can't be repaired.
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Race Director
Joined: Dec 2007
Posts: 19,574
Likes: 167
From: Frederick, MD
How much are they saying is the cost of the damage? Did they attempt to fix it yet? Did you stress with her company that you want to be financially the same as before the accident?
For a 2005 C6 I would say low teens for a frame damaged accident car. There are just too many non accident options out there. Paint will never match and who knows what screwed up with the alignment which means potential increased expenses for tires.
Unfortunately you have to disclose all damage/accidents if you sell it. Even if it doesn't make the carfax. I would push them to total it or make sure they are paying decent diminished value, $5-10k at least.
For a 2005 C6 I would say low teens for a frame damaged accident car. There are just too many non accident options out there. Paint will never match and who knows what screwed up with the alignment which means potential increased expenses for tires.
Unfortunately you have to disclose all damage/accidents if you sell it. Even if it doesn't make the carfax. I would push them to total it or make sure they are paying decent diminished value, $5-10k at least.
Safety Car
Joined: Apr 2009
Posts: 3,822
Likes: 64
From: Area Z51
NO! i would not want a Vette with Frame issues.
They wont total it out?.. A friend got hit by a young girl and it caused frame damage to their car and they said the insur. comp. could not fix the car because the state required it to be salvaged because of the frame issues. I guess it may be different from state to state.
They wont total it out?.. A friend got hit by a young girl and it caused frame damage to their car and they said the insur. comp. could not fix the car because the state required it to be salvaged because of the frame issues. I guess it may be different from state to state.
Race Director
Joined: Oct 2007
Posts: 11,367
Likes: 211
From: Edgewood Washington
St. Jude Donor '11-'12-'13-'14-'15
I was in an accident this summer and incurred some frame damage. It was repaired using state-of-the-art equipment (at a Honda repair facility) and there are no negative effects other than the obvious repair/paint on the frame rails.
I'm using an appraisal company, AutoLoss, to pursue a diminished value claim. I've submitted the paperwork 4 times and the at-fault party's insurance company is ignoring me, hoping I will go away.
I may have to sue. So be patient, but by all means pursue the DV claim. You're entitled to it and the car is definitely worth much less than it was before the accident.
And NO, I would not buy a car that had frame damage when there are so many better options available.
Good Luck
I'm using an appraisal company, AutoLoss, to pursue a diminished value claim. I've submitted the paperwork 4 times and the at-fault party's insurance company is ignoring me, hoping I will go away.
I may have to sue. So be patient, but by all means pursue the DV claim. You're entitled to it and the car is definitely worth much less than it was before the accident.
And NO, I would not buy a car that had frame damage when there are so many better options available.
Good Luck
Last edited by Knob Jockey; Dec 29, 2012 at 04:50 AM.
Drifting
Joined: Dec 2010
Posts: 1,939
Likes: 2
From: Danielsville Georgia
There is a reason that every well equiped body shop has a 'frame'machine. In good times walk into most any body shop and here is a vehicle on that machine. Body shops are everywhere. See my point.
Advanced
Joined: Jul 2007
Posts: 77
Likes: 30
From: Meridian Idaho
The money paid for wrecked Corvettes by dealers, dismantlers, rebuilders, etc. at insurance salvage pools is substantial. The insurance company certainly wont be hurting if they declare it a total loss.