β€œScottsdale Insurance Co., which is part of Nationwide, represents the valet parking service”, according to the aforementioned article. β€œAccording to a letter it sent DiMarco, Scottsdale Insurance denied the claim because the property damage policy doesn’t include theft. The insurer did not return a call for comment.”

TheΒ company through which DiMarco insured the Porsche β€” which he owned for onlyΒ slightly longer thanΒ one year and had fewer thanΒ 5,000 miles clocked on its odometer β€”Β only offered him $68,000.00 to replace it. Acceptance ofΒ thatΒ offerΒ meant thatΒ not only would heΒ lose approximatelyΒ $50,000.00 of theΒ value ofΒ the car; but he would also be requiredΒ to waiveΒ his legal rights to recover the full value of the vehicle.

DiMarco continues to pay $2,000.00 perΒ month in car payments β€” and the duration of the loan is six years. The valet claim ticket is all he has left from the incident.

The 36-year-old owner ofΒ a financing company for used cars in Austin figures that his Porsche Panamera β€œwas chopped up for parts or was immediately put into a metal shipping container to be sold overseas.”