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 carHi Halfnickle,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,Dan
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