Hey everyone, my 2024 CRV Sport L AWD Hybrid got rear-ended the other day. I’m currently dealing with the insurance company about the damages. Any idea how much my car’s value might depreciate because of this? Also, what else should I try to negotiate with them during the settlement?"
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Sorry to hear about the accident! As for depreciation, it depends on the extent of the damage and the repair quality. Usually, you can expect a hit on the resale value, so definitely bring that up. Also, don’t forget to ask about rental car coverage while yours is in the shop!
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That sucks, man! I’d push for a diminished value claim since your car’s now considered ‘damaged goods’ even after repairs. Also, make sure they cover any medical expenses if needed, and don’t settle too quickly – they might lowball you.
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Been there with my old ride. Don’t forget to ask for OEM parts instead of aftermarket ones. It might make a difference in the long run. And yeah, rental reimbursement is a must!
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Definitely look into the diminished value thing – it can be a decent chunk of change. And don’t forget to review your policy to see if there’s anything else they should cover, like lost wages if you had to miss work.
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Sorry to hear about the hit. I’d say depreciation could be around 10-20%, but that’s just a rough guess. Push for everything you can – repairs, rental, OEM parts, and even compensation for the hassle. Good luck!
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