Article aims to help consumers understand Diminished Value claims and how they work.

Has your vehicle lost value after an auto accident? How many of us would agree to pay the full fair market value for a car that we knew had received substantial property damage in an accident? One of the basic questions any buyer asks before purchasing a car is whether it’s been damaged in an accident. Professional auto buyers are trained for the signs indicating body repair damage on a car. The average person knows they should always request a Carfax report on a vehicle before purchasing it. This is because we all recognize that vehicles lose their value after the vehicle sustains substantial damage in an accident. Vehicles simply are not worth as much as a vehicle that has never been damaged.