Diminished Value Calculator – Vehicle Value Loss After Accident
Calculate vehicle value loss after an accident repair
Table of Contents
How to Use
- Enter your vehicle's pre-accident value
- Select the damage category severity
- Enter current mileage
- Click calculate to see diminished value estimate
What is Diminished Value?
Diminished value is the reduction in a vehicle's market value after it has been in an accident and repaired. Even with perfect repairs, buyers perceive accident-history vehicles as less valuable.
Frequently Asked Questions
- Can I claim diminished value from insurance?
- Yes, in most states you can file a diminished value claim against the at-fault party's insurance. Your own insurance may also cover it depending on your policy.