Diminished Value Appraisal – Loss of Use
Did you receive the exact same rental as your car?
that but you may also be entitled to a recoverable Loss of Use of your vehicle from the “at fault” party. This loss can range in the thousands of dollars.
You may wonder, “What does this cover if I am given the use of a rental car during the repair process?”
Some of our most recent claims have been BMW, Audi and Lexus clients who have been given generic rental cars (such as Impalas and Camrys that are on average $80-$100 per day less than a luxury car’s rental rate. Depending on the number of days you are out of your vehicle, this loss can be very large.
Recently published review:
“Steve’s work at Auto Mediator appraising diminished value claims is tops in the business. Our law firm, Kerr & Sheldon, is one of the leading firms in CA handling diminished value claims and recently obtained a record settlement of $87,350 for diminished value and loss of use to a 2017 Porsche 911 Turbo S based on Steve’s report. In addition to establishing the Porsche’s resale value was substantially reduced despite being restored to its pre-accident condition, Steve also established the reasonable cost to rent a similar vehicle during repairs was nearly $700 per day. I recommend Steve highly to anyone who’s car has lost value due to an accident.”
Laws differ by state and may or may not permit your claim for additional recoverable loss. We are not attorneys and we do not attempt to practice law. We can analyze your claim for free and see if you qualify considering your circumstances.
From Our Clients
Mr. Proto was called to testify in-front of a jury. Mr. Proto's testimony helped us secure a verdict of over $40,000 for the client. I would recommend his services to anyone dealing with diminished value or loss of use.
– Hafif Stonehouse law group