Are you thinking about buying a vehicle with hail damage?
This is what you need to know.
If you live in North Texas, you are most likely hearing car dealerships advertising “Hail Sales.” This is very common after a catastrophic hail storm. Dealerships are trying to unload hundreds of vehicles with hail damage.
After an early spring hail storm, one McKinney dealership claimed to have hail damage on nearly 1,000 cars and trucks. A dealership has two options in the aftermath of a devastating hail storm – paintless dent repair to restore the vehicle or a “Hail Sale.”
McKinney Pat Lobb Toyota’s owner Pat Lobb said this, “Once the unsold vehicles are restored to factory condition, they will still sell at a substantial discount.”
What does that mean for you? Here are the options.
Buying a vehicle with Hail Damage that has been repaired.
Out of the 2 options when buying a hail damaged vehicle, this is the best. The biggest question we hear is, “So why is the vehicle discounted if the damage has been repaired?”
If the vehicles hail damage was repaired using the paintless dent repair method, the vehicle is fine…as long as the paintless dent repair was done correctly. It is most likely discounted because they can no longer claim it as “new.” If it has been damaged and then repaired, it is not as it was when it left the manufacturer.
The verdict: Buy it! Repaired hail damage is permanently repaired. Just make sure the vehicle comes complete with a factory paint warranty. This should never be an issue if the dent repair was done by a trained paintless dent repair professional.
Buying a vehicle with Hail Damage that has been greatly discounted.
This one is a little bit harder.
You can save big on hail-damaged cars. There are some great deals to be had, but shop carefully — what appears to be a great discount can turn out to be an expensive fix down the road.
Pre-existing damage is an issue for many car insurance companies. These auto insurance providers don’t want to insure a vehicle with full coverage if it is already damaged because they believe it would be too easy for someone to fraudulently place a claim.
Hail Damaged Vehicle Buyers Beware
- Get an estimate up front from a reputable PDR company*
- Remember pictures don’t tell the true story of hail damage. Only the most severe dents will show up. If you see it in a photo, its much worse in person.
- Be ready to walk away if you smell a rat. If your tummy is tingling, probably not a good deal.
- If you still want the car, make sure you have the cash on hand to fix it.
- Oh, and take what the salesman told you the repairs would cost and multiply it by 4.