Anyone with advice on calculating diminished value-auto?

You lose at least 20-25% of value when you drive a new car off the lot. Until I bought my 2015 truck, the previous three vehicles were 2-3 years old when I bought them after buying 3 new cars/SUVs in a row. Long term the used cars were a better value than any new vehicle I've purchased.

There is a certain piece of mind that comes with a new car, but you pay for it in depreciation. But with a new/used car shortage your mileage may vary.

We went thru a higher used car market when Obama introduced the Cash for Clunkers in his 1st term.

Are you asking because you are dealing with an insurance company? And what is the best way to go about that?

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Thanks for this, but I'm interested in fairly calculating the diminished value from being on the receiving end of an auto accident: Resale loss value to ask for from the insurer

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Ah I see. Assuming you aren’t the at fault party here.

First thing they are going to do is tell you to take it to a dealership to get a quote on it. The fact of the matter is you’re DOV is not actually realized until you go to sell the vehicle. Only then can the market accurately tell you how much.

If your vehicle had a prior loss on it before this one then your DOV claim is toast. The DOV would have already taken place in that scenario.

The insurance company will come at you with a range. They’ll start on the low end. It’s up to you to negotiate from there. The range will be based on the gross estimate total of damages and the current trade in value the dealership places on it.

It’s always a crapshoot. I’ve done a few and generally pushed the book value difference between poor condition and excellent.
If it looks excellent but you’re likely only going to get fair or poor after carfax, that is at least a number you can point to…

This myth about losing that much value in a new vehicle the day you drive off the lot hasn’t been true for a long time. For sure not with trucks in at least 10 years