I have a 2008 Lexus ES350 with about 72,000 miles on it. I'm the 3rd owner of the car, and I only drive like 12 miles a day, back and forth to the park-n-ride, hence the low mileage. The car runs perfectly, has newer tires, and is overall a great car. It is, however, in what KBB calls "fair" shape. 3 of the 4 corners of the car have dents or scrapes, and there is scraped paint in several places. It's a 10 year old car, and looks it. But it's still a really good car.
A few weeks ago, I got into an accident that was 100% not my fault. I was driving through a parking lot at like 10mph when another driver took a right durn directly into me, hitting my back passenger side wheel well with the front of their car. Both insurance companies blamed the other driver, and my deductible was waived. The dent is noticeable, but honestly, it's not the worst dent on the car.
The insurance companies sided in my favor, determined the cost of repair to be $1200, and asked a simple question: "Do you want $1200, or shall I arrange the repairs for you?" I was unaware those were options.
From what I can tell, I have three choices: 1. Have them arrange to fix the dent caused by the accident 2. Keep the money 3. Take the money, and fix one of my larger dents
According to KBB, I don't think fixing this dent is going to lift the value of the car by $1,200, and the car drives perfectly.
Given those options, what would you suggest?
Submitted April 29, 2017 at 09:57AM by CitgoSign http://ift.tt/2oIZpIh
