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Even after your car is fully repaired, it may not be worth what it was before the accident and that lost value is called "diminished value". If someone else caused the crash, you may be entitled to compensation for the drop in your vehicle’s market value. In this video, Farah & Farah Jacksonville personal injury attorney, Dalya Farah, breaks down how we calculate diminished value using expert appraisals, and why even the type of parts used in repairs can make a big difference. 📉 Factory vs. aft
0:30
Even after your car is fully repaired, it may not be worth what it was before the accident and that lost value is called "diminished value". If someone else caused the crash, you may be entitled to compensation for the drop in your vehicle’s market value. In this video, Farah & Farah Jacksonville personal injury attorney, Dalya Farah, breaks down how we calculate diminished value using expert appraisals, and why even the type of parts used in repairs can make a big difference. 📉 Factory vs. aft
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Part 2: Repair-Related Diminished Value. It’s not just the accident that affects your vehicle’s value — it’s how it’s repaired. If OEM procedures aren’t followed or proper parts aren’t used, your car can lose even more value. Some signs are visible (paint, fitment). Others aren’t (calibrations, safety systems). The quality of the repair directly impacts what your vehicle is worth. #821collision #diminishedvalue #oemrepair #collisionrepair
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