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      10-03-2022, 10:29 AM   #45
KingsXman
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Drives: BMW 428i xDrive Gran Coupe
Join Date: May 2020
Location: New York

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Quote:
Originally Posted by MPower9525 View Post
Getting my M3 has been a fun, long process and I'm sure most of us can relate! After specing the car out and putting down a deposit in November of '21. To then patiently waiting while my build week got pushed further and further back. To then finally getting a July 27 Build date and updated to a '23 model year. To then see it fly through the build process and wait in Bremerhaven for only a few weeks until the car was loaded on the Liberty to make it's voyage to New York in about a month. To the experience of pick up my first brand new M car from the dealer(shout out BMW of Tenafly), winning the tire lottery. Driving it a few miles very slowly to drop it of at Auto Polishing Center in Waldwick NJ, they did a fantastic job on the stealth PPF, Ceramic coating and tints. To then picking up the car fully PPF'd, looking SOOOOO DAMN GOOD and ready to go. To then have the car at home for less than a week until my neighbor was backing up, wasn't paying attention to where he was going and hit my parked car.

The good news is my neighbor is taking full responsibility for it so I don't have to come out of pocket to fix it. It looks like its going to need a new fender and door and most likely side skirt as the clips snapped off the fender.

I plan to keep the car long term so this isn't a flipper question. I bought and financed the car and payed under MSRP, again thank you BMW of Tenafly. I have Ultimate Care + for 6 years/100K miles and all the tire and wheel insurances ect.

We all know that cars with accident histories sell for less than cars with clean titles and given that this car will have an accident on its history, even though it wasn't a serious accident, I assume it will be worth less. Has anyone been in this situation before? Is there any way of being fairly compensated from the insurance company for the loss in value of the car due to this accident?

Thanks in advance!

Here are some pictures of the accident damage and some pictures when I picked it up fresh from APC after it got PPF'd
I know accidents happen, but man I would still be angry. With my OCD I would obsess over it until it was fixed. I was in a situation where my previous car was rear ended, other drivers fault, and I lost about $1500 in trade in value because it was on the CarFax report.
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