So I have this young client whose BMW was hit by another car backing out of its parking space, his car was scratched close to the rear bumper area. According to him, no one was injured, and they did not call the police.
The other party offered to pay for the damage without going through insurance and told him it was just a small paint job, my client said he felt there was a lateral movement caused by the impact, so the bumper and sensors around it might need repair.
He was not able to find a repair shop on this Memorial day morning to look at the car, so I told him if he wanted to make sure the repair is done properly, he'd better file a claim, he agreed and so I did for him.
This afternoon he called back with an estimate of $500 to fix scratch. He now wants to cancel the claim because one dealership told him the resale value of the car will drop 10% if they see an accident record on the car.
1. can we cancel the claim without leaving any record on him or the car? I don't think so but appreciate it if anyone can confirm.
2. Is the dealer's claim regarding the drop of resale value correct?
TIA.
The other party offered to pay for the damage without going through insurance and told him it was just a small paint job, my client said he felt there was a lateral movement caused by the impact, so the bumper and sensors around it might need repair.
He was not able to find a repair shop on this Memorial day morning to look at the car, so I told him if he wanted to make sure the repair is done properly, he'd better file a claim, he agreed and so I did for him.
This afternoon he called back with an estimate of $500 to fix scratch. He now wants to cancel the claim because one dealership told him the resale value of the car will drop 10% if they see an accident record on the car.
1. can we cancel the claim without leaving any record on him or the car? I don't think so but appreciate it if anyone can confirm.
2. Is the dealer's claim regarding the drop of resale value correct?
TIA.