My 2003 Boxster S hit by school bus

[JamesBorisPerez]

I was able to contact the other parties insurance,
I am thinking of pursing a diminished value claim as well.

[DenverSteve]

Okay. I'll be the devi's advocate. How do you justify a diminished value claim prior to attempting to sell a vehicle? You, until then, don't have any diminished value - do you? Additionally, how would you calculate the "diminished portion of the claim. Obviously, tort law is not my strong suit, but I'm curious as to how this would progress. I've never seen it done, only read about it.

[WhipE350]

Aron - that is one nice 97 boxster! I wish those kits weren't so expensive.

[Aron in Toronto]

Originally Posted by WhipE350

Aron - that is one nice 97 boxster! I wish those kits weren't so expensive.

I agree, unfortunately it's not mine, just some photos I picked off the web to show what the Aero pieces look like.

[Aron in Toronto]

Originally Posted by DenverSteve

Okay. I'll be the devi's advocate. How do you justify a diminished value claim prior to attempting to sell a vehicle? You, until then, don't have any diminished value - do you? Additionally, how would you calculate the "diminished portion of the claim. Obviously, tort law is not my strong suit, but I'm curious as to how this would progress. I've never seen it done, only read about it.

This is the argument most insurance companies here in Canada use, where diminished value claims are typically not paid out.

For example if you go to trade-in or sell a newer but recently repaired vehicle to a dealer you will get far less than a comparable car with no damage history. This, I think everyone agrees on, but if you keep the car, say for 10 years before you trade it in its value will have dropped due to age in addition to its damage history compared to other comparable cars.

The question is should the insured be "made whole" at the time the damage occurs or at the time the vehicle is sold or traded and diminished value occurs?

[JamesBorisPerez]

This link is very interesting reading regarding diminished value:
Diminished value auto insurance claims

The claims adjuster came by and took some pictures. I will take the car to have the suspension looked at, since I own the car I will request a cash settlement.

So far it seems that Pelican Part sells body parts and fasteners.

I'll let everyone know what the final cost is.

I love my Boxster and keep it very clean, its a very nice 03 S model and has most of the options.