Auto Diminished Value

What is Auto Diminished Value?

Imagine you are looking to buy a car. You find two cars that are almost identical (same year, make, model and mileage). However, you find out that one of the cars has been involved in a prior accident. Which one would you buy? That’s an easy decision, after all nobody wants to buy damaged goods. The only way you would consider buying the car that was previously wrecked is if it cost less. Most people think the same way you do. In fact, most people would not even consider buying a vehicle that has previously been wrecked. If they did, they would expect to pay much less for it. This is why your vehicle is worth less after it has been involved in an accident. The difference in value between a vehicle with an accident history and the same vehicle without an accident history is known as Auto Diminished Value.

 

Auto Diminished Value Example:

Auto Diminished Value

 

Your vehicle is worth $23,000 before the accident. The accident occurs and the vehicle is repaired by an auto body shop. The cost of repairs is $3,750. It is determined that your vehicle is now worth only $18,500. Your vehicle has suffered $ 4,500 in diminished value. The vehicle loses value even if the repairs made to it were of optimal quality. Now, if the repairs made to the vehicle are less-than-optimal, the value of the vehicle may be even further reduced.

 

Claim Your Auto Diminished Value Cash Today!

Start your road to recovering THOUSANDS of dollars by using our Diminished Value Calculator. It generates its values using a proven methodology consistent with professional pricing in the used car market, which is combined with a complex algorithm that factors in all of the data elements provided by the user. The developers of the FDVC software that powers this site have over 20 years experience in auto appraisal management at major insurance companies, and over 10 years experience in professional car buying.

Deluxe: $69.99


Provides you with a professionally formatted printable report that you can submit to the responsible party for payment, PLUS you will get instructions for properly submitting your claim, a sample claim demand letter and negotiating points to help you settle your diminished value claim.


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Premium: $99.99


Provides you with the same professional documentation as in the Deluxe package, PLUS you will get and sample conversations and rebuttals to combat insurance adjusters, Small Claims Court information, and diminished value tax tips to help you achieve maximum results.


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  • I was a former claims adjuster up until April of this year and I had seen many diminished value claims come through. I can say that I have never seen an insurance company pay the full amount of diminished value demanded. FDVC was very professional, timely and complete with the report you provided us and we are very appreciative.

    Chad Brunswick


    Thank you for your efforts with our diminished value claim versus the insurance company. FDVC’s appraisal and the response letter was the catalyst to move the insurance company into serious negotiating. After sending your appraisal report, the insurance company doubled their initial offer and we accepted.

    Brian Pham

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