Vehicle Diminished Value

According to the NHTSA there are 6 million auto accidents every year, that’s 13 accidents every minute. At a minimum 3 million should be eligible to collect lost value.  Every auto accident caused a loss of value for their owners due to inherent diminished value. What is inherent  diminished value, well thanks to vehicle history reports, those vehicles will always have a scar on their record, avilable to anyone. No one wants to buy a vehicle that has been repaired for full retail price, so the value has diminished.

There are many websites providing vehicle history reporting. Chances are very good that after an auto accident, your vehicle will have a vehicle history report. No matter how well the vehicle is repaired, it will always have that history. This is called inherent auto diminished value.

In many cases you are allowed to recover that lost value. The question becomes how much value did I lose? We have spent years developing a program to effectively determine that loss. Many factors go into that loss amount. The make, model, mileage, amount of damage and various factors including the ever-changing markets. Call today for a free consultation 256-379-5820 ext. 205

Claims-Plus has experience in damage and repair, market values across the United States, and other factors that are considered when evaluating the amount of loss.The consultation is free! Call 256-379-5820 ext 205 to see if what we can do is right for your situation. If we can't assist, we will be up front with you about that, too. It doesn't hurt to ask. Damage does affect the value of your vehicle.

Ready to get a Diminished Value report?