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re: Diminished value claim to new vehicle after being rear-ended
Posted on 8/30/14 at 10:00 am to Saint5446
Posted on 8/30/14 at 10:00 am to Saint5446
A note from your dealer saying how much value your vehicle has lost because of the bad Carfax won't work because the insurance adjuster will say that the dealer gave you a high figure sso he could buy the car cheap. Get a diminished value appraisal from a legit company. As to the amount of diminished value, if it was just minor damage, the DV could be just a few thousand but if there was frame or unibody repairs involved, the value could drop as much as 50%.
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