How to claim diminished value? Car accident...
So 3 weeks ago, we traded in my Audi A3 for a CPO'd '07 Honda Odyssey EX-L that is now the wife's ride (spare me the grief, I feel immasculated enough). We paid $24K for it. Last week, traffic came to a sudden halt on the freeway, and she was rear ended and then pushed into the car in front of her as well. The rear bumper and liftgate were toast, and the front bumper, A/C condenser, and radiator also bit the bullet. All parties were okay, and the police report holds the driver behind her accountable.
The question I have is around diminished value. The damage tally came in at $6,600, and our insurance should be hopefully going after the other (17 year old of course) driver's insurance to pay our deductible. However, what's the best way to also factor in diminished value? Naturally, if we were ever to sell the car, Carfax would show the car has been in an accident, and we'd have to take a hit on resale. I came across www.dvassess.com, which you can pay them to provide a report that shows how much value the car has lost. Is this something I should handle myself? Or am I better off paying for a 3rd party report and using that as leverage with the insurer?
Would be nice to have at least gotten the temporary tags off the van.
95 Midnight Blue SE (Sold)
98.5 Silver Frost E1 (Sold)
'04 G35 6MT Sedan (Sold)
'01 Aurora 4.0 (Sold)
'08 A3 6MT, Lava Gray, Titanium pkg