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Trading in a car -- There is rear bumper damage... Should I fix?

Posted on 3/23/16 at 9:06 am
Posted by LSUvegasbombed
Red Stick
Member since Sep 2013
15464 posts
Posted on 3/23/16 at 9:06 am
before I trade it in to get more cash for the car?

My friends insurance will cover the costs since it was his fault backing into it.

Posted by yellowfin
Coastal Bar
Member since May 2006
97639 posts
Posted on 3/23/16 at 9:06 am to
if it's free to fix do it


Posted by Wtodd
Tampa, FL
Member since Oct 2013
67488 posts
Posted on 3/23/16 at 9:06 am to
If the cost isn't coming out of your pocket, yeah sure.
Posted by GenesChin
The Promise Land
Member since Feb 2012
37706 posts
Posted on 3/23/16 at 9:07 am to
quote:


My friends insurance will cover the costs since it was his fault backing into it.


What kind of car/age?

I wouldn't be surprised if you make a deal with your friend to give you some cash to make up the trade in value. He will tahnk you with his lower auto rates
Posted by CaptainsWafer
TD Platinum Member
Member since Feb 2006
58342 posts
Posted on 3/23/16 at 9:07 am to
If his insurance is paying, then why would you not?
Posted by whit
Baton Rouge
Member since Sep 2010
10998 posts
Posted on 3/23/16 at 9:08 am to
I have the same question about the back up camera on my f150. I'm wanting to trade it in and the camera went out.
Posted by toosleaux
Stuck in Baton Rouge traffic
Member since Dec 2007
9213 posts
Posted on 3/23/16 at 9:09 am to
Is this a real question? Do you enjoy pissing away money unnecessarily?
Posted by LSUvegasbombed
Red Stick
Member since Sep 2013
15464 posts
Posted on 3/23/16 at 9:10 am to
i dont think the SO is going to get a whole bunch for the car anyways which is why I was asking
Posted by jeffsdad
Member since Mar 2007
21417 posts
Posted on 3/23/16 at 9:12 am to
I think what he is asking is if he should take the insurance money and not fix it and sell the car OR fix it with the insurance money and then sell the car.
Posted by KG6
Member since Aug 2009
10920 posts
Posted on 3/23/16 at 9:16 am to
See what the trade in would be and then ask what it would be if you fixed the bumper ?

I traded in my wife's old car after it was rear ended. I got $700 from the guy who hit me, and just pocketed it. The trade I got before fixing it was good enough for me. Used the $700 towards the new car. It all balances out really. I doubt a dealership is going to give you more than what you are getting to have it fixed since they likely have a body shop or work with one closely.
Posted by ULSU
Tasmania
Member since Jan 2014
3931 posts
Posted on 3/23/16 at 9:19 am to
quote:

See what the trade in would be and then ask what it would be if you fixed the bumper


Once they see the car and quote you, you'll not get much of an increase no matter what.
Posted by Chad504boy
4 posts
Member since Feb 2005
166257 posts
Posted on 3/23/16 at 9:20 am to
quote:


My friends insurance will cover the costs since it was his fault backing into it.



tell your friend to buy your fricking car now.
Posted by LNCHBOX
70448
Member since Jun 2009
84112 posts
Posted on 3/23/16 at 9:22 am to
How bad is the damage? If it's just some small scratches, it's not worth fixing.
Posted by KG6
Member since Aug 2009
10920 posts
Posted on 3/23/16 at 9:24 am to
The whole point is, he's going to have to get a quote for fixing the damage to get money from the insurance. Let's say it's $1000. Insurance can cut that check directly to him. He can use it to fix the car, but It's probably not going to add $1000 of value to the vehicle. The dealership will be able to fix it for less than $1000 most likely and have no incentive to make sure he gets his money back from the fix. Just as soon pocket it and use it towards the new vehicle.

I've traded in a car with bumper damage and a truck with a broken AC. On both occasions, they didn't even ask about those problems. They could fix that AC for $150 in parts ($1200 fix for me) and I'm sure a new plastic bumper would be pretty cheap for them as well (likely could fix it without a new one). You will probably not get your investment in the repair back.
Posted by Them
People's Republic of Bozeman
Member since Nov 2008
11130 posts
Posted on 3/23/16 at 9:30 am to
You will end up paying for it one way or the other, be it through insurance or on trade-in.
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