What is the process of seeking diminished value?
“Diminished value” refers to the loss in market value that a vehicle experiences when it is in an accident. You are entitled to compensation for this loss in value. To qualify for diminished value, you must meet the following requirements:
No previous accidents on the vehicle.
Damage to car cannot result in a total loss.
The accident was not your fault.
The vehicle in question has been repaired (or is currently being repaired) within the 4-year statute of limitations.
You are entitled to the value diminished on your vehicle after an accident if you meet these requirements. If you are unsure whether or not you meet the necessary requirements, call us at 702-587-7952 or email us at contact@truevalueexperts.com. We will provide you with a free consultation and help you with any diminished value needs that you may have. Once it is concluded that you are eligible for to seek diminished value, we will begin the appraisal process. Each report is carefully assessed and includes evidence our methodology, value findings, and other analysis included in our research. We take pride in our reliability and expertise. The turn around time from receiving the information about your vehicle to completion of the appraisal process usually takes 2-7 days. We at TrueValue Experts look forward to helping you in any way possible.
Note: we charge a flat fee for our service. To learn more about pricing, we will answer all of your questions in your free consultation.