The Motley Fool Discussion Boards
Personal Finances / Credit Cards and Consumer Debt
|Subject: Re: Yea! Someone hit my car:)||Date: 5/7/2002 1:17 PM|
|Author: pacman1062||Number: 125683 of 311550|
The value of the car ( let's say based on what someone would pay for it ) has decreased. The money is compensation for that loss. It is a paper loss in that the owner has no intention of ever selling it until it reaches scrap value but it is a loss nonetheless. It is the owner's choice to repair or accept the decreased value of the car
I understand the argument that you make. However, if I were going to accept the scrape and decreased value on a vehicle I intend to junk eventually, I would be willing to offer to accept a lesser amount as an 'appearance allowance' or would have offered to let the other party pay me a lower amount themselves.
I am not saying anyone did something illegal or fradulent, but, that to place a claim for full value of a loss then do nothing to repair the loss in unethical.
I will not be changing my opinion on this matter.
To each his own,
|Copyright 1996-2017 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|