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Old 04-30-2004, 01:45 PM   #1
bimmer_02
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Question for anyone that can help ...

whats up guys, i bought a 2002 320i on Feb. and about a month ago i crashed it on the highway and it cost the insurance company $10,000 .... the damage is all strickly body, all metal, and all the damaged parts were replaced not fixed, the only other damage was that i broke the rim, and it was changed, and the place i fixed it in, said there is no damage to the suspension ... so anywayz, i'm still trying to decide wheather to sell the car because of the deprciated value, or just keep it, if anyone has experience in this issue, please comment ...
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Old 04-30-2004, 02:28 PM   #2
dtthiaga
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I think you'll loose too much money because the car has already depreciated (accident) and you just bought it. I wouldn't touch a BMW with $10,000 worth of repairs if buying a used car. A buyer might ask a lot of questions considering you've only had the car for a little while.

Perhaps trade it in for a 325i; that way, you'll save on the taxes.

But, you know what the damage was, and it might be better if you drive it for a few years and then sell it. It's still a safe car, considering there was no frame damage.

$10,000 worth of damage isn't that bad considering it's a BMW. The painting / new parts / labour etc is going to be costly; not like the old days.
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Old 04-30-2004, 06:15 PM   #3
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yea but then i'll lose alot of money when i trade the car in too.
I would rather keep the car, but im just looking to see if i got better alternatives.
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Old 04-30-2004, 08:38 PM   #4
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you can try doing a direct sale and hope they don't search the car's history.
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Old 05-01-2004, 06:09 AM   #5
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since the car was not a write off, my mechanic says that it would not go on the car's history in the ministry of transportation, i think that the only place the accident would be on is the insurance company, and most people dont have access to insurance info.
Plus i called BMW and they told me that as long as the car if fixed right, the warranty will not be affected. and the warranty is something that i realy care about, so thats good.
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Old 05-01-2004, 07:02 AM   #6
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i say sell it after you warranty is up
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