diminished value

Asked by janicemrn9 Oct 31, 2015 at 01:53 PM about the 2009 Chevrolet Corvette

Question type: General

my low milage 09 corvette was rearended now  it shows an accident how do i
figure the deminished value

2 Answers
50,715

John answered 8 years ago

Tom is correct on a "totaled or salvaged/rebuilt title. Some insurance or loan companies will not touch it. If the car is totaled, get the money from the person causing the accident or his insurance company. Find out what your car was worth before the accident and start from there asking for the pay off. Either way you will lose on this.

Mark helpful

DVCHECK answered 8 years ago

The best way to determine how much diminished value your Corvette suffered is to obtain a diminished value appraisal from an expert. You would then present the appraisal to the at-fault insurance company to recover your lost value. http://diminishedvaluecheck.com

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