Understanding Diminished Value: The Hidden Cost of a Collision

Even after professional repairs, your vehicle may still lose value. That loss is known as diminished value, and it can impact your resale or trade-in potential. Many buyers and dealers are wary of vehicles with accident histories, even if the repairs are flawless.

Types of diminished value:

• Immediate: Right after the accident, before any repairs.
• Inherent: After repairs, simply because the car was in a collision.
• Repair-related: Due to poor-quality or incomplete repairs.

How to protect your claim:

• Document all damage and repairs.
• Request a diminished value appraisal.
• Submit your claim in a timely manner.

We provide repair transparency and detailed documentation to support these types of claims.

For more information, visit: Forbes, Kelly Blue Book

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