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An extended warranty is worth like $1500 retail. Meaning it is probably marked up like 100%. Also the $500 bux cash is BS.
This is how you calculate diminished value.
How insurance companies calculate diminished value claims | The Kielich Law Firm ? Bedford, Texas
"17c"
If your car is going to be branded with a repair against it's vehicle history, you might as well tell the GM that you want to go through their dealership insurance, and then submit a diminished value claim against their insurance. I doubt that the dealership will want to pony up that much cash on a diminished value claim without a court date.
Also I see that you are in NY. Which means winter, which means salt belt. Every vehicle I have ever come across with a collision repair that involved sanding and painting resulted in that same spot being rusty after around 2 winters. It doesn't matter if it is a Mazda, Toyota, VW, Ford whatever. That exact same spot where the metal was reworked always starts to rust quickly. The hatch area that needs to be repaired means the body shop will need to metal work and sand all the way to the edges of the rear hatch. This means the edges will be left without much rust protection other than simple primer, paint (and hopefully no bondo). This means that nice factory galvanized metal is no longer intact. Which means the nice hot dip galvanic coating is gone. Which means quick rust.
If you go through proper insurance instead of back door deals at least you can hide behind the lifetime guarantee of insurance companies and/or body shops, such that when the same spot starts to rust you can take the car back and have them fix the rust.
This is how you calculate diminished value.
How insurance companies calculate diminished value claims | The Kielich Law Firm ? Bedford, Texas
"17c"
If your car is going to be branded with a repair against it's vehicle history, you might as well tell the GM that you want to go through their dealership insurance, and then submit a diminished value claim against their insurance. I doubt that the dealership will want to pony up that much cash on a diminished value claim without a court date.
Also I see that you are in NY. Which means winter, which means salt belt. Every vehicle I have ever come across with a collision repair that involved sanding and painting resulted in that same spot being rusty after around 2 winters. It doesn't matter if it is a Mazda, Toyota, VW, Ford whatever. That exact same spot where the metal was reworked always starts to rust quickly. The hatch area that needs to be repaired means the body shop will need to metal work and sand all the way to the edges of the rear hatch. This means the edges will be left without much rust protection other than simple primer, paint (and hopefully no bondo). This means that nice factory galvanized metal is no longer intact. Which means the nice hot dip galvanic coating is gone. Which means quick rust.
If you go through proper insurance instead of back door deals at least you can hide behind the lifetime guarantee of insurance companies and/or body shops, such that when the same spot starts to rust you can take the car back and have them fix the rust.
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