Diminution in value can occur when a vehicle has been involved in an accident and consequently repaired, particularly if repairs were reasonably extensive, involving parts of the body-shell or chassis, and / or significant paintwork.

If the insured subsequently sells the vehicle, it is unlikely that the vehicle will sell for the same as an identical model with an unblemished history, particularly in today's difficult market conditions. Dealers will often reduce their offers on damaged vehicles, and it is not unusual to see them refuse to take such a vehicle, particularly if the damage was extensive.

We can examine the vehicle and consider the type, extent and cost of repairs, together with the vehicles market desirability, value and age and provide an opinion on the likely percentage drop in value.

As an independent Expert we provide a fair & balanced view irrespective of whether we are instructed by Claimant or Defendant.  We tend to construct diminution reports for Claimants where we truly believe that a vehicle has suffered a loss in value, but we will also rebuke excessive claims for Defendants or Insurers.

Diminution reports can be carried out within 24 hours of examinaton of the vehicle by a qualified assessor.