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    Thread: Accident Help

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    1. #16
      Join Date
      Jun 2008
      Location
      Carol Stream, IL
      Posts
      586
      Country Flag: United States
      Quote Originally Posted by ty1295
      Diminished Value is the term I have heard, most people don't know what it is or even that you can get it.

      Basically it is a $ amount to compensate you for the change in value of the car AFTER the repair. Anybody that buys a car will ask if it has been wrecked and generally either walk away or want a lower price because of it. It isn't your fault your car was wrecked so you should be compensated for this change in value.

      I got a coworker a check for ~$3k one time he wasn't expecting just for telling him to ask.
      ty, I'm guessing that won't work in my case?






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