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01-11-2014, 02:05 PM
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Lateral-g Supporting Member
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Quote:
Originally Posted by Sieg
Or the way he financed it left him upside-down and that reality doesn't seem fair to him?
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If financed, hence the need for "gap" insurance.
Everytime anyone of us drives something off the lot, 99.5% of the time it depriciates fast. But why am i saying that here, us car guys "get it", we'll, 99.5% of us haha
__________________
Mike
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01-11-2014, 04:42 PM
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Senior Member
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Why does he think his car is worth more than other used ZL1? Was there something special about it?
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01-11-2014, 05:31 PM
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Moderator
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Join Date: Dec 2010
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Quote:
Originally Posted by glassman
If financed, hence the need for "gap" insurance.
Everytime anyone of us drives something off the lot, 99.5% of the time it depriciates fast. But why am i saying that here, us car guys "get it", we'll, 99.5% of us haha
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If financed because there was no way in the world he could afford the image he had to project you can bet he scrimped on the insurance too.
Not like a car dealership/finance company would ever put a customer upside down in a loan.
Thankfully there are us bottom feeders wanting to suck up the prime salvage.
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01-11-2014, 05:49 PM
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Supporting Member
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Quote:
Originally Posted by Bill Howell
Take the emotions out of the equation and I simply don't see what all the fuss is about. If it were me, I would have given the dealership about a week to make a decision, then I would have called my insurance and let them process the claim. (I pretty much bet his personal insurance will have to pay, depending on the dealership agreement he signed when he dropped it off, that is usually what happens). Then, when everything flushed, and I still wasn't happen with the outcome, it would be time to talk to an attorney and suit the dealership. No need in all the drama, it is just a business decision.
He did have a USED car with 10,000 miles on it. That used car has a value, period. Either he is made whole based on the actual value (not his perceived, trumped up, pain and suffering or sentimental value), with check or another car or he lets a jury decide what is fair.
Gee, how simple was that????? LOL
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I don't get all the fuss either. The owner must me a drama queen. Worst case, pay your deductible, and get on with your life!!!!!
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01-11-2014, 06:03 PM
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Hey guys not for nothing but I've been following the thread on Camaro5.com since his first post. There's now 193,000 views and 933 comments. Hes has only posted 19 times..... He has been getting the ROYAL screw by the dealership!!! I wouldn't expect you to read the 933 comments, but if you want a gist of the situation, just read his 19 post. We all would be livid if what he's experiencing had happen to any of our guys here.
BTW, he is the author of the first gen Camaro restoration book along with 5 others. No drama, no mob theory, just a major "F" job by the dealer.
There a reason it's blown up on the internet.
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01-11-2014, 06:11 PM
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That's too bad.
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01-11-2014, 06:22 PM
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Senior Member
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Here's my OPINION, which doesn't mean squat...
I don't care if it was my zl1, my enzo, or my Ford Fiesta. If I take my car into a dealership for service, and this happened, someone is going to write me a check.
Here in the Atlanta area, the 3 local news stations would absolutely LOVE to get ahold of this. Here, there also would be lawyers taking you out to dinner, trying to get the case. Around these parts, they are called stealerships...
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01-11-2014, 06:40 PM
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Senior Member
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Quote:
Originally Posted by Che70velle
Here's my OPINION, which doesn't mean squat...
I don't care if it was my zl1, my enzo, or my Ford Fiesta. If I take my car into a dealership for service, and this happened, someone is going to write me a check.
Here in the Atlanta area, the 3 local news stations would absolutely LOVE to get ahold of this. Here, there also would be lawyers taking you out to dinner, trying to get the case. Around these parts, they are called stealerships...
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What I'm gathering is that they are offering to write him a check, or give him the value of his car when it was totaled - which is how insurance typically works.
He's making the argument that the car he was given to replace his wasn't worth as much, since he isn't the original owner of the replacement.
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01-11-2014, 07:27 PM
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Senior Member
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Quote:
Originally Posted by Al Moreno
He has been getting the ROYAL screw by the dealership!!!
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The dealership is responsible, but they won't pay at all. Any time you are in a car wreck and the other driver is at fault. Then it is their insurance that pays. This story is similar to my father's car being totaled at a dealership in 1990. The dealership's service manager drove my father's car home and then proceeded to drive through a flooded street. "He made the claim that the street wasn't flooded at the time." Although, it conflicted with the video tape that a neighbor had shot of the flooded street. Showing him driving into the water that was around over 2 feet high. The dealership's plan was to dry out the car and give it back to us without filing a claim. My father only wanted it to be totaled out. Have dealership insurance to pay for it. My father had talked to several mechanics and they recommend to not take a car with EFI that had been in a flood.
Bill Howell posted about getting an attorney and filing suit. Yes, my father did that as well. Although, the dealership tries to financially break you, by countless delays. My father's case was settled in about 3 years. Yes, it should have been resolved in a few months.
Jeff
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01-11-2014, 08:02 PM
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Senior Member
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Quote:
Originally Posted by ill steez
What I'm gathering is that they are offering to write him a check, or give him the value of his car when it was totaled - which is how insurance typically works.
He's making the argument that the car he was given to replace his wasn't worth as much, since he isn't the original owner of the replacement.
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They offer you a car that is worth less, as stated in this article.
http://jalopnik.com/dealership-total...eal-1498804012 This is typical of insurance companies, so if you have an item that is worth 4k, then they try to replace it with an item worth 400. He is just starting the Insurance/dealership game at 1 month, but it typically takes several months to get items replaced.
He never be happy, but his best bet is to get a new 2014 ZL1 and just pay the difference.
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