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2. How to file a diminished value claim - AOL

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

   Based on this example, an auto insurer would pay out a maximum of $1,500 for a diminished value claim on this vehicle. However, based on the damage and mileage, the final calculated estimate for a ...

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

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

   Depreciation can reduce your car’s value by between 10 and 15 percent each year. ... Condition: If your car has been in an accident, or received scratches and other damage along the way, ...

4. Diminished value - Wikipedia

   en.wikipedia.org/wiki/Diminished_value

   Unlike depreciation, which is an anticipated and predictable loss in value over time, ‘Inherent Diminished Value’ is a loss in value due to a specific, sudden and unexpected negative occurrence. Diminished value of an automobile following an accident may occur in one of two ways (or a combination thereof):

5. What is the actual cash value of my car? - AOL

   www.aol.com/finance/actual-cash-value-car...

   ACV is calculated using the car’s current market value minus depreciation on the vehicle. ... Determine other factors that can raise or reduce your car’s value, such as location, accident ...

6. Total loss - Wikipedia

   en.wikipedia.org/wiki/Total_loss

   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 report.

7. Salvage title - Wikipedia

   en.wikipedia.org/wiki/Salvage_title

   The Kelley Blue Book automatically rates any salvage vehicle as "poor" and does not value it at all. [12] The value of a vehicle with a salvage title is generally 65-75% lower than the vehicle's estimated value. If the vehicle is rebuilt to a road worthy condition and has passed State inspection, the difference in price is 60-70% of "fair" KBB.