Finance

Diminished Value Claim Calculator

Find how much resale value a repaired vehicle lost from its accident history.


Diminished Value Claim Calculator

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Applies when a vehicle is repaired (not totaled) after an accident, but is still worth less on resale simply from having an accident history.

How it works

Pre-accident value minus post-repair market value gives the diminished value claim amount.

What this does not include

This computes the dollar gap only — actually recovering a diminished value claim typically requires a professional appraisal and, depending on the state and insurer, may involve a formal claims process beyond simply calculating the amount.

How to use this calculator

  1. Enter the vehicle’s pre-accident value and post-repair market value.

Frequently asked questions

Is diminished value always recoverable?

It varies by state — some states have well-established diminished value claim processes, especially for accidents caused by another driver, while others make recovery more difficult.

Does diminished value apply to my own insurance claim?

Typically diminished value claims are filed against the at-fault driver’s insurance; claims against your own insurer for your own fault accident are less commonly successful.

How is post-repair value determined?

Often through a professional vehicle appraisal comparing the specific repaired vehicle against comparable vehicles without an accident history in the current market.

Important: This is general information, not financial advice. Figures are estimates, and your lender or provider decides the real numbers. Check with a qualified adviser before acting on them.

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Written by

M. Whitfield

Personal finance writer

M. Whitfield writes the personal finance calculators, covering loans, mortgages, savings, tax and investment maths. The focus is on showing exactly which number goes into a formula and which assumptions a result depends on, so readers can tell when a figure applies to their situation and when it does not. Every finance page states what it does not account for as plainly as what it does.

Reviewed by

A. Whitfield-Reyes

Calculator reviewer — finance

A. Whitfield-Reyes reviews the finance calculators, checking compounding conventions, rate-period alignment, and whether each page is explicit about the costs and tax treatment it leaves out. Financial results are easy to state with false precision, so review focuses on whether the page makes its assumptions visible to a reader who is not looking for them.

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