[MineralGreyMetallic]

Originally Posted by Montaver

‘Your rights’ ����

Dealer fixes the car. OP moves on with their life. Welcome to the real world.

That might be the only option, sure.

But I don't know that, and you surely don't. Only a lawyer in that state will truly know.

[MisanoblueZ4]

Originally Posted by Montaver

‘Your rights’ 💀😂

Dealer fixes the car. OP moves on with their life. Welcome to the real world.

You have no skin in the game as this isn’t your property so the “who cares” attitude isn’t helping the OP.

But he can consider your opinion that he is being a baby and should just bend the knee to the dealership that damaged his car.

[DarkNight707]

New fear unlucked.

[Needsdecaf]

Originally Posted by new2M2

You take your car that costs alot of money (to you) and that you take very good care of to get an oil change at the dealership. They drive the car under a work bench and the hood and bumper would need to be replaced. How do you react and what do you expect them to do to make it right?

Exactly how they did. Maybe with a few $$ in service credits for your troubles as others have suggested.

It's a car, and as you acknowledged, it's never going to appreciate. Some "true enthusiast" might get their panties in a wad in the future when you go to sell it, but you know what, that's not the buyer you want because they're going to haunt you over every little spec of dirt on, what is, a used car. Someone you trade it into is never going to care if it's not on the carfax.

So most of this is in your head. Honestly, this is a blessing in that hopefully you realize it's just a car and enjoy it and not bestow more time / attention on it than your kids.

I say the dealer is doing what's best and let it play out.

[M_Power Rob]

Originally Posted by MineralGreyMetallic

That might be the only option, sure.

But I don't know that, and you surely don't. Only a lawyer in that state will truly know.

First, if they fix the car properly, what are the damages?

Second, if BMW wants to play hardball, one better have a really exceptional attorney and you know BMW has deep pockets and pay their counsel accordingly.

[Montaver]

Originally Posted by MisanoblueZ4

You have no skin in the game as this isn’t your property so the “who cares” attitude isn’t helping the OP.

But he can consider your opinion that he is being a baby and should just bend the knee to the dealership that damaged his car.

What I have described is the only possible outcome. How the OP gets to that end is up to them, I’m suggesting spare the nonsense. As an example I got rear ended at a stop light a couple of months ago, I didn’t ‘seek legal counsel’ because I am a rational person who understands accidents happen. YMMV.

[Stea1thNinja]

I would thank them and ask what they believe is fair to cover the diminished value. Unless there is something specific you had in mind why not see what they are willing to offer and go from there? Worst case you have additional information to move forward and best case they offer something that you feel is worth it given the circumstances.

[Mhrob24]

This is just my take…

I wouldn’t be considering lawsuits unless they fixed it, it was horrible, and they refused to redo it. However, I would for sure need them to give me something for not only damaging the car and making me wait to have my car back to normal, but also due to the potential of someone finding out and trying to downplay the value of the car if I were to ever sell it. It doesn’t matter about the fact that it will depreciate anyway; so what? Also, these cars don’t depreciate nearly as fast as other cars.

I’d probably ask for a check equivalent to 1-2 of my monthly payments for the vehicle. If I couldn’t get straight up money, I would at least need to get that much in BMW credits.

[ajchoi]

Originally Posted by ednir98

Hate to break it to ya but at ~10k miles in 1 year you're past the "investment" stage unless you stop driving it right now and wait 10 years to sell it.

But anyways, sorry this happened to you. I hope the repair comes out flawless.

This.

I didn’t buy mine assuming this M2 is rare enough to ever be valuable. At the same time I WFH and we have another car so I will, after driving extra for break in, put less than 1000 miles per year on this car. So hey in 15-20 when somebody’s looking for a mint manual M2 maybe I’ll break even lmao

But 10k miles on a G87 already kind of surpasses a chance for that. Mine will have less than 10k on the clock for a solid decade most likely lol

[KC87ZB]

Originally Posted by ajchoi

This.

I didn’t buy mine assuming this M2 is rare enough to ever be valuable. At the same time I WFH and we have another car so I will, after driving extra for break in, put less than 1000 miles per year on this car. So hey in 15-20 when somebody’s looking for a mint manual M2 maybe I’ll break even lmao

But 10k miles on a G87 already kind of surpasses a chance for that. Mine will have less than 10k on the clock for a solid decade most likely lol

There are much better investment options if you want to lock up $70k for 10 years. That line of reasoning just doesn't pan out.

Any car without a limited production/high demand is going to depreciate and that includes the G87. Now, maybe with the manual and lower miles it depreciates less than some others but I was really into investment and not planning to drive the car I have put that $70k elsewhere and turned it into at least 200k in 10 years.

[motorknut]

Originally Posted by new2M2

Thanks again for the feedback, I'm honestly a bit surprised that most would seem to be cool with it. I also realize by most of the comments regarding depreciation that I should have probably left out the more emotional intent when I bought the car and focus on the core issue. So l'm wondering how most would respond to this:

You take your car that costs alot of money (to you) and that you take very good care of to get an oil change at the dealership. They drive the car under a work bench and the hood and bumper would need to be replaced. How do you react and what do you expect them to do to make it right?

sorry you had to experience this. i would be really upset too. But whats it going to take to get them to make it right by your standards?

Everyone has their own standard (as can be seen in the varying advice in this thread). While I fall closer to your side on that scale, I would focus on whether the repairs are satisfactory - maybe get a trusted professional body repair/detailer to examine the installation alignment and paint work ? And see if they give you some other form of compensation like the service credits. Only cos the legal route is too costly and time consuming, and i'd rather spend my time enjoying the car as much as possible.

Of course, if you feel this incident will forever taint your enjoyment of the car, then do what you need to.

Best of luck with the remediation. I'm also pending a number of defect repairs with my dealer, and I'm praying they dont damage anything else during repairs!

[techwhiz1]

Originally Posted by new2M2

Thanks again for the feedback, I'm honestly a bit surprised that most would seem to be cool with it. I also realize by most of the comments regarding depreciation that I should have probably left out the more emotional intent when I bought the car and focus on the core issue. So l'm wondering how most would respond to this:

You take your car that costs alot of money (to you) and that you take very good care of to get an oil change at the dealership. They drive the car under a work bench and the hood and bumper would need to be replaced. How do you react and what do you expect them to do to make it right?

You can ask for a depreciation offset or decreased value ofset from the accident. There is no guarantee you can get it, but you can say the accident currently affects you car.value by x% and ask for that in cash.

[two_three_two]

Originally Posted by techwhiz1

You can ask for a depreciation offset or decreased value ofset from the accident. There is no guarantee you can get it, but you can say the accident currently affects you car.value by x% and ask for that in cash.

someone (wanna say it was RockCrusher ) had a great post on their experience with diminished value appraisal and i believe the TLDR ended up being: juice was not worth the squeeze and the dealer who took it on trade ended up not even caring. and his example was WAY worse than just a hood and bumper.

i'd just insist that MY shop did the work and they handle all the logistics and legwork. i'm not lifting a finger for YOUR mistake. if you can get some accessories or parts at cost or maybe a $500 service credit, i'd call that a win and let bygones be bygones.

[Dave07997S]

Originally Posted by new2M2

Hello all,

Been a bit since I posted but just had something happen this morning that I'm hoping I can get some feedback on what to do. I'll try and be brief.

I bought by M2 in late September last year, new from the dealer in Zandy blue. I've absolutely loved the car and bought it as an investment in manual as the fact that manuals are fading should increase or enhance interest when I go to sell it. I keep it pristine and hand wash it weekly. Let's just say she's pampered more than my kids. Total miles ~9k (2500 of which are artificial from driving it home from dealer in another state and having to emergency drive a couple of times).

I took it into the dealer for a routine oil change and a tire repair/replacement for a nail in the passenger rear tire. As I was waiting I took note that it was taking a while considering I had been nearly the first person in this morning.

The advisor comes to find me and asks me to join him and said there was an issue in the shop that he needed to discuss. I walked with him and he revealed that the tech had called him and said there was some damage on the car. Turns out the tech upon moving the car our thought it was in reverse when in fact it was first gear and drove it under a work bench.

The hood is gouged and will need to be replaced and the front bumper will need to be replaced from damage. To rectify they are taking this action:
1. Ordering factory parts for hood and bumper
2. Custom matching the paint and replacing said parts
3. Leaving it as a factory repair so it doesn't alert title/carfax and thus will not have diminished value.

I have a couple of thoughts:
1. Being this is an investment vehicle, even if it's not on a report somewhere another dealer or individual on trade in will likely be smart enough to notice the parts aren't the original
2. While there is no concern over structural damage the inherent value to ME being the nicest/most expensive car I've owned that I researched for two years before buying is a real thing.

I'd love feedback from this group, in particular if there is someone that works at a BMW dealership to know what I should really expect if I make demands. Honestly, my first thought is to ask them to give me top trade dollar and give me a new one for dealer cost, but I don't know if that's reasonable.

In the end I just want my pristinely kept car back with original non repaired parts.

Get it fixed and move on. You can try and recoup some damages but it may not be worth the hassle.

[FryCookOnVenus]

Originally Posted by KC87ZB

I would have put that $70k elsewhere and turned it into at least 200k in 10 years.

Show me where you're reliably getting 11% ROI and I'll let you invest all my money and will gladly pay a hefty fee for your services.

[Carefree]

Originally Posted by FryCookOnVenus

Show me where you're reliably getting 11% ROI and I'll let you invest all my money and will gladly pay a hefty fee for your services.

Many of us have averaged over 11% for the past 5 years.
Do your homework.

[Bret]

Originally Posted by fluffhead

I wouldn't mind if the car needed to be repainted, but I personally wouldn't let the dealer do it unless I knew exactly who was doing the work.You should be given the option to take it where you want and be reimbursed. Maybe the dealer uses the best shop in town, but I would think they use the cheapest.

+1 Treat this as you would any other accident. In most jurisdictions, you have the right to take your vehicle to the body shop of your choice. Do this as it eliminates the dealerships incentive to reduce their loss by providing as lower quality repair. The BMW dealership is most likely not the best body shop in town anyway. I took my 435i to the local body shop that does most of the exotics in the area.

Originally Posted by Tag

I would make sure that when they paint the hood and bumper you get in writing that they will not do any paint blending into adjoining panels. A good body shop should be able to match the paint perfectly without blending, especially on a brand new car.

I completely disagree. In general, failing to blend paint is simply a cheaper way to do a repair. Often it looks fine initially, but over time the difference shows. The vehicle should be taken to a top-quality body shop and they should be asked for their opinion. The body shop that replaced the front bumper on my 435i (when it was near new) felt pretty confident that they could match the factory paint. Their first paint of the front bumper looked good to me, but it didn't meet their standards. They tried it again, but said that it wasn't good either. They then blended the bumper and the hood and quarters (while the bumper was off the car) all at their loss. I would have never known that the car was repaired.

I'd be dealing with the dealership's insurance company and not playing let's make a deal with guys who are trying to minimize their loss. Regarding diminished values, in most jurisdictions, formulas exist for calculating it. The BMW dealership owes it and it's not up to debate. They might rather give a good deal on a trade in than write a check.

[JMcLellan]

If I drive my M2 for 5 years, put about 20k miles on it and am still able to get $45 grand when I sell it I would be ok with that. I think that future resale price is completely reasonable and who knows maybe $50 to $55 grand wouldn't be out of the question. There are many worse car depreciation situations to be in but this is not an investment, only pay for play.

[Carefree]

Originally Posted by JMcLellan

If I drive my M2 for 5 years, put about 20k miles on it and am still able to get $45 grand when I sell it I would be ok with that. I think that future resale price is completely reasonable and who knows maybe $50 to $55 grand wouldn't be out of the question. There are many worse car depreciation situations to be in but this is not an investment, only pay for play.

This^^^^^^

Although ,IMO, there exists a handful of options such as HAS, 6MT, color, carbon package that will make some G87 more desirable and therefore command a higher resale price.

I didn’t buy my car with selling in mind but highly optioned it to maximize the price when that time came.

YMMV

[Geighty7]

Originally Posted by M_Power Rob

First off, you say it's an investment and ultimately cared for for resale. Well, unfortunately, you bought the wrong car. Its an M2, manual or not, that will have depreciated and not limited in production. Its not like selling a used Enzo or Carrera GT.

You bought a manual M2 for you....drive the car and enjoy it.

Haha I love this comment. I wish I could show everyone who is scared to put miles on their car or babies it too much.

Drive the piss out of it.

[RockCrusher]

Originally Posted by FryCookOnVenus

Show me where you're reliably getting 11% ROI and I'll let you invest all my money and will gladly pay a hefty fee for your services.

11%?

In 5 years the S&P 500 index has gone up 97%. From 2847 to 5612. My back of the envelop math is this works out to a bit over 11% gain per year.

'course, the last 5 years have been rather exceptional.

YTD the index is up around 18%.

But from 1996 the index is up nearly 649% which is about when I started investing in S&P 500 index comparable mutual funds.

Past performance is no guarantee of future results though...

[Carefree]

In reality past performance IS an indicator of future performance.

Since October 1929 (the infamous crash) the return on investment is 700,575.86%, or 9.72% per year.

Not my opinion, just a fact.

I’ve been in the market since 1977 and it’s almost (emphasis) embarrassing where I was then and where I am today.