Diminishing Value

[70Sixter]

You are going to need expert statements. PCA does valuations. You could ask for a before and after value. Excellence magazine is another source. Bruce Anderson also might be helpful. Don't know if he does this for a fee.

DV site to start you:

http://www.ican2000.com/dvfaqs.html

Good luck. Sorry you are in this mess.

[racer_d]

I think it may be hard on your boxster to show diminished value. Unless the car is returned with a salvage title, how would one know the accident? Carfax doesn't always seem so accurate if a new buyer was looking for your car, and if its the car of your dream, why would you sell it

Also, you don't mention if your car is of an unusual color/options combo. Diminished value on a "rare" car is worth fighting for. Not sure a Boxster can honestly be considered rare. Nice, sure, but rare? not likely.

Guess another way is, well, figure out the actual book value in its "before" condition and run a poll here asking what one would pay for it "after" its fixed.

[Sboxin]

Yes, you should try to get $$ for diminshed value (DV).
I am waiting for the Arbitration finding on my case - '02S with front frame damage.
Allsnake offered $2500 on a $11,000 claim, so I went the lawyer/court route.

You can get DV appraisals from local or Web site people. Find a certified appraiser. The DV should be between 10-25% of sale value. This could also be
computed by using Blue book values for Private seller vs. trade in value. My appraiser used 40% because of custom paint, and other options. This may be too high, but its been done on high end cars.

Another option is the dealer sale staff. If they would give you a number for a trade in on their letter head or business card the insurance company will listen better (not guarenteed tho).

The insurance companies are tough people to get the DV $$.

Good luck,
Ed