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Old 01-22-2021, 09:35 PM   #9
soundman98
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Quote:
Originally Posted by Baldeagle View Post
I’d be curious to know

A. The cost to fix it professionally.
B. How much this damage will decrease the car’s trade-in value if not fixed.
C. How much a DIY touch up would still decrease the car’s trade-in value.

Hypothetically, if this bumper rash will decrease the car’s trade-in value by $500 and the cost to repaint the bumper is $900, the delta is $400. The timing of when you absorb that must be considered, the potential to process it through insurance and pay only a deducible (pros and cons to that option, I know), how long before you intend to replace this car and that effect on future trade-in value and how long you must look at the damage are all variables in this equation. But it might be worth getting a formal repair estimate just to have a reference point. In the end, fixing it may not be as expensive as you think.
that single paint defect is well within haggling range when talking trade-in's. i've never seen or heard of a specific dollar amount for KBB deductions when discussing vehicle imperfections. it's more of an overall valuation. if the car is 90% clean, there's not going to be much of a deduction that couldn't be threatened back into existence by walking out on the deal.
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