Q: Does an agreement to pay for lost appraisal value on a traded in car still stand aftwr the car has been traded in.?
So let’s call one person "A" and the other "B'. B likes to sue people and get settlements for $200,000. A is a nursing student on $100 per month budget.
A scratched B's chevy coming out of the driveway 2 weeks ago, a very small chip, but told B anyway out of honesty.A freaks out and says she’s gonna call for a police report and insurance.B deescalates the situation to where she will just have to pay for the lost value on the car since Amy is about to go trade in her car and get a new BMW.
The dealers tell B they’re taking off $150 off the car, and she plans to make A pay for the it even though the car has so many more worse scratches that she never wanted to fix. Fast forward and A already traded in the car with the scratch. Can she still make B pay $150 that was lost even though she NO LONGER OWNS the car.
A:
Yes if she can show the value was $150 less. Here's the point--she's entitled to have the scratch fixed. Ask a dealer, body shop what that would cost. Depending on how good a job you want, I'd think the range would be $75 to $350 depending on the area to be "feathered out" or blended.
So $150 isn't too bad. A Beemer owner--what do you expect?
A:
I agree with Attorney Munsing's response. Yes she can still force the issue. Most attorneys will cost $250.00 to 650.00 per hour to represent you, so $150.00 sounds like a good deal.
Good luck,
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