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Don't forget to ask for "depreciation compensation" for the damages. My IS350 got hit last year. The guy's liability insurance covered the repairs of about $4,000. I asked for compensation for depreciation. GMAC paid 20% of repair costs. Got a nice $800 check along with the repair!
Don't forget to ask for "depreciation compensation" for the damages. My IS350 got hit last year. The guy's liability insurance covered the repairs of about $4,000. I asked for compensation for depreciation. GMAC paid 20% of repair costs. Got a nice $800 check along with the repair!
I've never heard of depreciation compensation. Thx for the tip. yeah, my car definitely has less value now because of the accident. I'll try to get it out from the other party's insurance.
Wow, the thread has grown to 2 pages. Thx for all supporting comments.
10-01-08, 07:38 PM
Just registered to post this tidbit
