A vehicle that is never part of an accident may be worth more than one with an accidental history regardless of the fact that the later one is in better condition even it looks like a brand new piece.
The car which is new but has an accident background makes a prominent decrease in the market. However, where there is an issue there is a solution, what you need to do is to find out one. So, diminished value claims enable you to collect the difference between your car’s value after repairs and its pre-accident value.
There is a public thinking that the factor for the diminished value claims is on account of aftermarket parts, hence it is not possible as a last resort. The objective is to make a claim for the damage in the value of your auto as a result of an accident due to a third party’s fault.
Since your vehicle’s losses were more than you are expected to receive the financial compensation and it is not that old as well, you are able to claim for diminution.