Do I have a Diminished Value Claim?

This is normally the first question we’re asked when contacted by a client. There are a lot of variables when answering this question, and even if you do have a claim, it may not be worth pursuing. The main questions to ask yourself are:

 

  1. Was my vehicle worth MORE than $5000 Dollars before the accident? Most people know if their vehicle is worth more than $5000. If you’re unsure, call us, we’ll help you determine an approximate pre-accident value for your vehicle.
  2. Is there LESS than $500 Dollars  worth of damage to the vehicle? Unless your car is worth more than $15,000, chances are less than $500 dollars in damage will not affect your resale value significantly enough to warrant pursuing a Diminished Value Claim if your vehicle is worth more than $15,000+ you may still have a claim.
  3. Did my vehicle have a severe previous damage history totaling more than the current damage before the collision? If your car had a history of a previous severe collision prior to the accident, you probably don’t have a claim. Please call us to verify.
  4. Did the Car Have a CLEAN Title, and not a Branded or Salvage Title prior to the Collision? If your car had a branded title, you would probably not have a valid claim.
  5. Is my car NEWER than 10 years old? While there are older collector cars and specialty vehicles that can have Diminished Value, on the norm, if the vehicle is older than 10 years old, it probably is not worth pursuing a Diminished Value Claim. (If your vehicle is worth more than $15,000, you may still have a claim, please contact us.)
  6. Has it been several years since the accident? If it has, you should consult your state’s laws as to whether the Statute of Limitation has run out in your area. In Oregon you have up to 6 years.
  7. Has the vehicle been declared TOTALED? If your vehicle has been declared totaled, you would not be eligible to file a Diminished Value Claim, but you could get a Total Loss Appraisal to help you recover the full value of your vehicle. On average you’ll receive about 15% more with a Total Loss Appraisal. This could easily be as much as $6-7,000 extra on a new vehicle.
After answering those questions, you should know if you have a Diminished Value Claim, if you’re still not sure, please contact us and we’ll help you determine if you do.
Ready to order your Inherent Diminished Value Appraisal? Start by Filling out the form below.

Free Diminished Value Estimate (long form)
  • Please fill out the form below to the best of your knowledge. This Long Form will enable us to give you the most accurate estimate possible. If you would prefer a quick general estimate, please look above on the right side of the page for our Short Form. You'll normally receive a written estimate with supporting data within a few hours. We may contact you for additional information.
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  • Claimant Information
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  • Name*full nameThis field is required
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  • Email*a valid email addressThis field is required
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  • Phone Number*Best Daytime PhoneThis field is required
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  • Address*Street AddressThis field is required
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  • City*CityThis field is required
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  • State*StateThis field is required
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  • Zip Code*5 digitsThis field is required
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  • Accident Information
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  • Date Of Loss*The Date of the AccidentThis field is required
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  • Type of Loss*This field is required
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  • Who is the At Fault Party?*This field is required
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  • Main Point of Impact*This field is required
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  • Vehicle Information
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  • VIN #*17 Characters ExactlyThis field is required
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  • Year*
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  • Make*(e.g. Ford, Honda, BMW, etc.)This field is required
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  • Model*(e.g. Accord, Camry, A4, Tahoe, etc.This field is required
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  • Series*(e.g. EX, LX, SLE, SPORT, etc.This field is required
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  • Transmission*select your countryThis field is required
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  • Miles at time of Loss*e.g. 15500 (no commas)This field is required
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  • Vehicle Condition Before Loss*Pre-loss conditionThis field is required
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  • Seating Trim*
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  • Optional Equipment*select one or more
    pwr windows
    pwr locks
    air conditioning
    cd
    cd changer
    navigation
    rear DVD System
    technology pkg.
    sport pkg.
    alloy wheels
    20"+ Wheels
    towing pkg.
    moonroof / sunroof
    heated seats
    additional major option(s) not listed
    This field is required
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  • Do you have the Estimate of Record in a File format?*(PDF, Tiff, JPG)
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  • 30
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  • Texas Diminished Value

    DV Settlement - $10,000

  • Mercedes Diminished Value

    DV Settlement - $3,000

  • Subaru Diminished value

    DV Settlement - $3,200

  • Toyota Diminished Value

    DV Settlement - $3,500

  • infniti diminshed value

    DV Settlement - $4,900

  • mini cooper jcw diminished value

    DV Settlement $5,000

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What is Diminished Value Video

Diminished Value FAQs

Diminished Value FAQs

What is Diminished Value? In Layman’s terms, Diminished Value is the immediate loss of value your vehicle suffers ...

Diminished Value Auto Appraiser Portland Oregon - Ken NixKen Nix – Diminished Value Expert & State Licensed Auto Appraiser – LIC# V34-075
Ken Nix is a nationally known Diminished Value Expert and Total Loss Fair Market Value appraiser. Ken is the founder of Volkswagen Owners Club, My Fast GTI, And Jetta Junkie automotive clubs which have a total of over 60,000 members. Ken Nix has received formal training from Volkswagen, Volvo, Honda, Ford, Toyota, Dodge, Chrysler, Chevrolet, Mazda, Oldsmobile, Pontiac, Mercury, Lincoln, Kia and Infiniti for product knowledge and marketing of these franchise vehicles. Ken has been a state licensed Auto Appraiser since April 19, 2010 and is in good standing with the Department of Transportation. Ken is a judicial expert, who by virtue of training, education, and experience hold’s sufficient knowledge of vehicle sales and valuation to valuate vehicles within his scope in all 50 states of the United States of America.
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