Less than two years after buying a new pickup truck, I had received not one, but two grapefruit-sized dents – one for each side – thanks to two different drivers’ reluctance to use a rear-view mirror.
My truck must have a big bulls-eye on it, as it was stationary both times.
I got insurance info for one dent; the other was a hit and run, but I haven’t fixed either dent. Yes, it’s a bit embarrassing to be driving around in a newer truck that looks like it’s been used for Hollywood stunts. But here’s the deal:
I don’t plan to resell the truck. I drive about 25,000 miles per year, so by the time I am done with the thing it will have so many miles, it will be worthless.
Assuming I filed insurance claims for both dings, the repairs would cost me $1,000 in deductibles, possibly only $500 if the first blind reverser’s insurance paid up.
I estimate that fixing the dents out of pocket would run between $2,000 and $3,000.
Also, I’m not an auto insurance expert, but I worry any claim could bump up my premium which, thanks to years of perfect driving, is as low as it can be.
To me, having a perfect-looking car just isn’t a financial priority. It gets me from point A to point B reliably and safely, which is all I need.
What about you? Do you repair small dings and scratches to your vehicle? Do you file insurance claims or pay out of pocket?