Do you own a high end vehicle like a Lamborghini, Mercedes, Cadillac, Infiniti, Bentley, Rolls Royse, Porsche, Maserati, BMW, Audi, Saab, Lexus or any other vehicle that is considered a luxury or exotic vehicle?
If so, you should certainly be thinking about diminished value if you were involved in a collision! You might not know the technical term for it but you know you’re gonna be put through the ringer when you go to trade that baby in and those are the FACTS!
No matter if you backed into a tree or if some negligent driver crashed into you, it is highly likely that your vehicle has lost value because of the simple fact that it was in an accident. Even if you took the vehicle to the best repair facility around, it doesn’t change the fact that your car was once wrecked.
Diminished value is a concept that has been around for nearly 90 years.
There is law relating to it in Georgia dating back to 1926!
If you’ve been in an accident in your luxury vehicle, what the heck can you do about it?
Find out for yourself straight from our experts!
2012 Audi A6 Quattro 3.0 Premium Plus – over $7300 in DV won!
LOCATION: Dallas, Texas
Scott’s Audi A6 Diminished Value case is the kind we love to talk about!
After an auto accident, he was lucky enough to have a professional on his side in the repair industry who mentioned diminished value to him and sent him our way.
We took a look at his case and he was definitely owed a substantial amount of diminished value on his clean 2012 Audi A6 Quattro Premium Plus and hired us after a quick consultation.
2007 Aston Martin Vantage – $14,000 DV win!
Location: Dallas, Texas
Shane is an attorney so he was well aware that diminished value was owed to him after he was hit in his 2007 Aston Martin Vantage.
He definitely had an advantage when it came to negotiating his claim but he did rely on our knowledge and highly technical report to prove that his loss was substantial despite the fact that his luxury car was repaired perfectly by the best in Dallas.
He knew that his Aston Martin diminished value claim was going to run pretty high but he had to prove it!