Diminished Value – Fact or Faked? 7 Things to Look for in a Diminished Value Report

December 9, 2010By Justin Petty 3 Comments


diminished value factsIs automobile diminished value a fact? If so, then how does one prove the exact diminished value? Is there anything fake about diminished value?


In almost every successful recovery, an expert report on diminished value is required. As an expert in diminished value, my research indicates that diminished value exists in almost every case where a vehicle has been wrecked and then repaired. Generally speaking, the lesser the value of the car is before the wreck, the lesser the diminished value is after repairs, but not always. There are many factors that should be evaluated in order to properly determine the amount of diminished value suffered by a vehicle.
 

Here are seven things you can look for to see if the report from your diminished value expert is based in fact, or if it is faked! (more…)