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-   -   Banged up trade-in (http://www.jeepgarage.org/f73/banged-up-trade-in-61938.html)

BVRBLVR 06-25-2013 11:12 AM

Banged up trade-in
 
Couldn't be more excited to pick up my GC from the dealer today. I'm more of a spontaneous buyer so waiting 10 weeks has been quite the experience. We are trading in our Acura RDX and of course on Friday my wife was side swiped by a 40' motor home in a tunnel. There is about $4k in damage. The dealer says they still want it so that they can fix it and make a couple more bucks on it. I don't see any reason why not to give it to them...gets it out of our hands. Anybody ever deal with something like this? The motor home insurance has already put their customer at fault in the accident.

bill_de 06-25-2013 11:20 AM

Re: Banged up trade-in
 
Not personally. But while I was working I ran into a couple of cases where the dealer still paid the trade in value and the insurance check was turned over to the dealer.


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AAAA 06-25-2013 11:27 AM

Re: Banged up trade-in
 
Happened to my parents in 1959 and to us in 1999. In our case dealer said if we had repair done by "his guy" he would honor our trade, which is what we did.

Chunderboy 06-25-2013 11:31 AM

Re: Banged up trade-in
 
Seem like a win win for you. Congrats

SnoFire 06-25-2013 12:02 PM

Re: Banged up trade-in
 
I wouldn't worry about it to much.. Wash your hands of the RDX and enjoy your new Jeep!!

crabman 06-25-2013 01:30 PM

Re: Banged up trade-in
 
Its a win win for the dealer in many cases, he can often sell for the same amount plus garner an extra profit by doing the repair in house. Your personal situation remains unchanged insofar as the trade and purchase although I know on a personal level you and your beloved dealt with some "oh crap" factor in the moment. Regardless of that with the trade being a go its a no brainer, move forward and enjoy.

KILOFINAL 06-25-2013 02:25 PM

Re: Banged up trade-in
 
I feel sorry for the sucker who buys the RDX.

BVRBLVR 06-25-2013 02:44 PM

Re: Banged up trade-in
 
Quote:

Originally Posted by KILOFINAL (Post 847979)
I feel sorry for the sucker who buys the RDX.

LOL...most expensive piece of loud plastic on the market.

ms.annthrope 06-25-2013 04:23 PM

Re: Banged up trade-in
 
And if the repair was done "in house" nothing gets reported to Carfax.......sold without ever mentioning it was damaged and repaired. Dealer gets the insurance check so he makes extra bucks.....everyone's happy.

KILOFINAL 06-25-2013 07:02 PM

Re: Banged up trade-in
 
That's the only problem with buying used, you just never know

bill_de 06-25-2013 07:17 PM

Re: Banged up trade-in
 
Quote:

Originally Posted by ms.annthrope (Post 848050)
And if the repair was done "in house" nothing gets reported to Carfax.......sold without ever mentioning it was damaged and repaired. Dealer gets the insurance check so he makes extra bucks.....everyone's happy.

In most states insurance companies report any estimate (used to be) over $2500 to NICB, National Insurance Crime Bureau. The public does not usually have direct access to those records, but I've heard that they now share that info with Carfax. I know that long before I retired, the computerized estimating system we used was automatically making the report.

LSU_FAN 06-25-2013 11:11 PM

Re: Banged up trade-in
 
I would trade it off and be done with it. Enjoy the new Jeep!

Quote:

Originally Posted by ms.annthrope (Post 848050)
And if the repair was done "in house" nothing gets reported to Carfax.......sold without ever mentioning it was damaged and repaired. Dealer gets the insurance check so he makes extra bucks.....everyone's happy.


As soon as the insurance pays a claim on it they report it! I dinged up my truck when it only had 3000 miles on it, no police reports and no one but my insurance writer knew about it. I got my buddy do the repairs hoping it wouldn't show up but my insurance writer told me it would show an incident on carfax. It took a while but sure enough it showed up!


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