Hey all,

Sad to report, my G was hit 2 days ago. I was standing still and some idiot rammed the back of me. I'm currently leasing the G, my question is, when I return when the lease is up, will the value of the car be less because it was in an accident and the dealer can't get as much as if it wasn't in an accident. If the value decreased, I am reliable to pay the value of the decrease? Does the dealer just eat the difference?

Also, should I get it repaired at a shop, or bring it in to the dealer to fix it up. Thanks for your help

 

As long as you repair the damage, you should no incur any depreciation losses. The only time you do is if you try to trade-in your car or sell it (worth less since it's been repaired). You can repair the car anywhere, doesn't need to be the dealer. Just make sure they do a good job.

 

Since the accident wasn't your fault and you're leasing it, you should take it to the dealership. They will use one of their recommended bodyshops and do a pristine job on it. Plus if you plan ot give it back adn they do see a history of this accident, it'll show as having been repaired at a dealer recommended shop...

 

bring it to the dealership. youre not paying for it.