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  2. How to file a diminished value claim - AOL

    www.aol.com/finance/file-diminished-value-claim...

    Check the insurance company’s process for filing a diminished value claim. Document the car’s market value using Kelley Blue Book or NADA calculator tools. Prove your car’s diminished value.

  3. Vehicle insurance - Wikipedia

    en.wikipedia.org/wiki/Vehicle_insurance

    Vehicle insurance (also known as car insurance, motor insurance, or auto insurance) is insurance for cars, trucks, motorcycles, and other road vehicles. Its primary use is to provide financial protection against physical damage or bodily injury resulting from traffic collisions and against liability that could also arise from incidents in a ...

  4. Car depreciation: What it is and how it works - AOL

    www.aol.com/finance/car-depreciation-works...

    A used car in excellent condition can save you money from the start, and last nearly as long as a new car. You may also save money on insurance with a used car. Look at ratings for the car you are ...

  5. Total loss - Wikipedia

    en.wikipedia.org/wiki/Total_loss

    Once a vehicle has been written off and repaired the vehicle may still lose value. Diminished value is the reduction in a vehicle's market value occurring after a vehicle is wrecked and repaired, otherwise called accelerated depreciation. To collect diminished value after a car accident, insurance companies usually ask for a diminished value ...

  6. Learn How Car Depreciation Is Calculated and Why It's ... - AOL

    www.aol.com/learn-car-depreciation-calculated...

    MACRS depreciation: The vehicle's cost is spread over five years, with higher deductions taken in the first few years. Section 179 deduction: Owners can deduct $25,000 for a business-related truck ...

  7. Out-of-pocket expense - Wikipedia

    en.wikipedia.org/wiki/Out-of-pocket_expense

    Car insurance, oil changes, and interest are not, since the outlay of cash covers expenses accrued over a longer period of time. The services rendered and other in-kind expenses are not considered out-of-pocket expenses; the same goes for depreciation of capital goods or depletion .

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