What Does Diminished Value Mean?

Diminished Value refers to the accelerated depreciation of a vehicle which results from the involvement of that vehicle in a crash that requires significant repair. A wrecked and repaired vehicle will always be inferior to, and have less value than an undamaged counterpart.

We have provided a free downloadable resource on the details of Diminished Value.

Some of the questions answered in this resource are:

• What Is Diminished Value?

• How Do I Know If My Vehicle Qualifies For Diminished Value?

• What Are The Three Types of Diminished Value?

DIMINISHED VALUE