***UPDATE*** I compared three random diminished value settlements that clients have received using my appraisals and used the same Diminished Value Calculator most of these type of sites are using. Here’s the results: 2012 Honda Odyssey: My Appraisal –...
What is Diminished Value? In Layman’s terms, Diminished Value is the immediate loss of value your vehicle suffers due to an accident even when your vehicle has been repaired. This loss of value is created by Stigmas and damage that can not be restored to...
I have people ask me all the time… Ken, can you show me how to calculate diminished value? To do a proper appraisal, it takes research. Research most other appraisers are not eager to do. Actually, I’m not even eager to do it, but I know it has to be done...
