Pepe Silvia said:

I work in insurance claims, I'll look up some info and post tonight

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Jim14510 said:

I have not heard of this before but it makes total sense. I would probably hold out for a 7 figure settlement.

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SoCal_Corn said:

I'd have the same concern with a super car.
Would never be worth the same after an accident and repair no matter how good the work is.
I see it all the time watching BAT auctions with a CarFax accident ding.

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Pepe Silvia said:

Ok, I looked up some Colorado specific info some I've never dealt with that state.

They definitely owe diminished value. A DV claim puts the burden of proof on you, so you need to provide as much documentation as possible. Getting an appraisal from a dealership would be a good start. If you can find comparable sales that helps. This will be highly dependent on how much the repairs cost. Start high so you have room to negotiate

They also owe you loss of use, so if they didn't provide you with a rental they would owe the going rate to rent a comparable vehicle for the time your car was undrivable or undergoing repairs.

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HuskerGarrett said:

Has anyone ever done a diminished value claim after a car accident before? Last month I was driving my 3 week old car up to golf with @lee_carvallo_12 when a 25 year old kid hit me. He said he was "swerving through traffic trying to get home quicker."

His insurance obviously is paying for all of the repairs, but I was told I should go after his insurance (Progressive) for a diminished value check as well. I talked to them today about it and they said that "when it's repaired it's back to its original value" and I said absolutely not. It was 3 weeks old and now it has been in a wreck, I will be upside down on it forever.

I'm thinking I will get some documentation from the dealer about how much it was worth pre and post accident, but didn't know if anyone has ever dealt with this and how I can get as much money as possible from them.

Thanks. Here's more Hilary Duff for your time.

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HuskerGarrett said:

Thank you! I’ll try to get as much documentation from the dealer as possible.

I’ve tried to find some comparable ones for sale but finding a 2025 with only 1k miles on it and already been in an accident is basically impossible.

They did give me a rental so all good there

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