Legal Question in Civil Litigation in South Carolina

Diminished Value caused by vehicle collision

I would like to know how I can prove that the value of my vehicle has been diminished due to a collision and how much depreciation has occurred. I feel that approximately 12-15% of depreciation has occurred since the average automobile will depreciate approximately 10% due to natural depreciation caused by use of the vehicle. Any related statues or past cases would be a great help.


Asked on 7/25/01, 10:28 pm

1 Answer from Attorneys
Charles Griffin Law Offices of The Griffin Firm, LLC

Re: Diminished Value caused by vehicle collision

I would get the Blue Book value off the Internet, or go to a book store and buy a Blue Book and look up what it was worth prior to the accident. I would then take it to a Dealership and get them to give you an estimate for a trade-in, and be sure to tell them it had been wrecked and what had to be fixed. Ask them to give you a written estimate. The difference between the two (2) should give you some evidence of the depreciation of the vehicle.

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Answered on 7/26/01, 4:36 pm


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