Hello all,
We were rear ended by heavy F150 truck (other driver older person, driving son's pickup and not on insurance). Other party accepted full liability. So it's not-at-fault on our side (documents confirm this). This was Sept '22 and now in Jan '23 after repairs got done (close to 20,000$ plus repairs from Tesla approved body shop) after multiple rounds. I am looking to resell 2019 Model 3 (30k miles).
Market has had significant transformation since Sept '22 and now (esp used vehicle market, and now price changes since '23)
How can I approach other insurance company for Loss of Value (or Diminished value claim in Connecticut) ? Anyone gone through this process?
My most recent check with Tesla for trade in resulted in 23-26k offer (without accident in history as I'm not sure what 'level' of damage I should select since body and otherwise it's fully repaired). Had I sold in Sept '22, this would have been closer to 45k-50k range (my guess based on reports and finding best rate)
Would appreciate any info/guidance on this matter (and what to expect in terms of time/money for this claim). Thanks!
We were rear ended by heavy F150 truck (other driver older person, driving son's pickup and not on insurance). Other party accepted full liability. So it's not-at-fault on our side (documents confirm this). This was Sept '22 and now in Jan '23 after repairs got done (close to 20,000$ plus repairs from Tesla approved body shop) after multiple rounds. I am looking to resell 2019 Model 3 (30k miles).
Market has had significant transformation since Sept '22 and now (esp used vehicle market, and now price changes since '23)
How can I approach other insurance company for Loss of Value (or Diminished value claim in Connecticut) ? Anyone gone through this process?
My most recent check with Tesla for trade in resulted in 23-26k offer (without accident in history as I'm not sure what 'level' of damage I should select since body and otherwise it's fully repaired). Had I sold in Sept '22, this would have been closer to 45k-50k range (my guess based on reports and finding best rate)
Would appreciate any info/guidance on this matter (and what to expect in terms of time/money for this claim). Thanks!