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Author Topic: Costly oil and filter service  (Read 1668 times)

ironwood

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Costly oil and filter service
« on: October 27, 2010, 10:26:33 am »
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Offline Mike

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Re: Costly oil and filter service
« Reply #1 on: October 27, 2010, 11:10:05 am »
Quite a Read.  Guess we will have to wait for the outcome
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Offline Schmengie

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Re: Costly oil and filter service
« Reply #2 on: October 27, 2010, 12:45:05 pm »
If this was Joe Shmoe and his Corolla, it wouldn't even be an issue - the most he could expect is to have the damage repaired. If this guy gets his so-called residual losses covered, why shoudn't everyone else?  ::)
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Offline JSCC

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Re: Costly oil and filter service
« Reply #3 on: October 27, 2010, 01:30:46 pm »
Quote from: Schmengie on October 27, 2010, 12:45:05 pm
If this was Joe Shmoe and his Corolla, it wouldn't even be an issue - the most he could expect is to have the damage repaired. If this guy gets his so-called residual losses covered, why shoudn't everyone else?  ::)

I believe everybody should get their "residual losses" covered, but of course our insurance rates would at lease double.
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Offline sailor723

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Re: Costly oil and filter service
« Reply #4 on: October 27, 2010, 01:49:39 pm »
Quote from: Schmengie on October 27, 2010, 12:45:05 pm
If this was Joe Shmoe and his Corolla, it wouldn't even be an issue - the most he could expect is to have the damage repaired. If this guy gets his so-called residual losses covered, why shoudn't everyone else?  ::)

Because the guy with the Lambo probably has a good lawyer.  ;)
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Offline ArticSteve

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Re: Costly oil and filter service
« Reply #5 on: October 27, 2010, 02:59:40 pm »
If this guy gets his so-called residual losses covered, why shoudn't everyone else?

Quebec has a different civil code than the rest of Canada so if the Lambo guy wins I dunno what effect that would have on owners outside of Quebec.  Regardless, it would be interesting to follow this incident.

The dealer should buy the vehicle for fair market (pre accident).
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Offline No H2O

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Re: Costly oil and filter service
« Reply #6 on: October 27, 2010, 08:35:24 pm »
Quote from: articsteve on October 27, 2010, 02:59:40 pm
The dealer should buy the vehicle for fair market (pre accident).

Exactly, and if the dealer thinks the value has not been affected by the incident, he has nothing to worry about. He'll get his money back.

I'm always amazed how people think when the tables have turned.
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Offline 5 Wheel Drive

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Re: Costly oil and filter service
« Reply #7 on: October 28, 2010, 01:53:35 pm »
That's gotta hurt!  If it was just an oil change or routine service, I'm curious why the tech took the car out for a spin in the first place???
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Offline ktm525

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Re: Costly oil and filter service
« Reply #8 on: October 29, 2010, 11:34:35 am »
Quote from: 5 Wheel Drive on October 28, 2010, 01:53:35 pm
That's gotta hurt!  If it was just an oil change or routine service, I'm curious why the tech took the car out for a spin in the first place???

Duh. Road test. All Lambo's need a road test. A Corolla, not so much. ;D
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Offline Erik

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Re: Costly oil and filter service
« Reply #9 on: October 30, 2010, 01:13:23 pm »
Guessing that there is a mechanic checking the job ads this morning...
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Offline mmret

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Re: Costly oil and filter service
« Reply #10 on: October 30, 2010, 07:23:12 pm »
IMO residual losses should be covered as well, at least in the case of a business operation crashing someone's car.

What happened here is pretty clear. Someone decided to go for a joyride and crashed it, and now the owner is taking the loss (pending possible court proceedings or dealer "goodwill"). Its one of those (many) things in life where the offender does not bear the full risk of his actions.

Risk adjusted basis the oil change should probably be free. Figure $50k residual loss and a 0.5% chance every time that someone crashes it on a joyride. Very simplistically, that's $250 at risk every oil change. How much is the oil change?
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Offline johngenx

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Re: Costly oil and filter service
« Reply #11 on: October 30, 2010, 11:06:21 pm »
Quote from: mmret on October 30, 2010, 07:23:12 pm
Very simplistically, that's $250 at risk every oil change. How much is the oil change?

A lot more than that.
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