Diminished Value

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Diminished Value

Diminished value means a vehicle that is properly repaired following an accident may be worth less than it was immediately before an accident. This diminished value can be inherent and is often contingent upon a number of factors.

Factors Affecting Diminished Value:

  • Age of the vehicle
  • Condition before the accident
  • Any prior accidents
  • Mileage
  • Extent of damage done
  • Demand in the marketplace
  • Value of the vehicle undamaged

Remember the three important facts about diminished value…

It is REAL!
It is COLLECTIBLE!
It is THE LAW!


To see if you have a claim or want to learn more, call us TOLL-FREE at (877) 572-4143 or visit www.mycarlostvalue.com.