Diminution In Value
After repairs following an accident a motor vehicle can suffer what is called “Diminution in Value”
Diminished value is the actual market value loss that is sustained due to accident history and the subsequent repairs that have to carried out to place the vehicle back in a roadworthy condition.
Not every vehicle suffers from diminution in Value as it depends on a number of factors, but we undertake many inspections and reports in the field on:
Cars
Commercial vehicles
Motorcycles
Machinery
After repairs following an accident a motor vehicle can suffer what is called “Diminution in Value”
Diminished value is the actual market value loss that is sustained due to accident history and the subsequent repairs that have to carried out to place the vehicle back in a roadworthy condition.
Not every vehicle suffers from diminution in Value as it depends on a number of factors, but we undertake many inspections and reports in the field on:
Cars
Commercial vehicles
Motorcycles
Machinery