Friday, January 4, 2013

Auto Diminished Value Insurance claim - Car Purchases & Repairs ...

Anyone aware of cases decided in Washington state that addresses the concept of diminished value as it relates to trade in value of a highline car that received substantial repairs?

Basically the repairs on the car were accepted, but when a trade in was contemplated, the dealer ran a Car Fax report, noted the reported accident, and lowered the trade in value by several thousand dollars. The damage was a result of an insurred driver, subsequently cited for negligence, hitting my car in a parking lot. The drivers insurance company paid for repairs, but refuses, after several attempts, to even consider a diminished value claim.

Being unable to find any settled cases in Washington, I'm at a loss as to how best to proceed, short of suing the the driver in small claims court and perfecting a judgement.

Thank you in advance for any and all answers/insights/suggestions.

Source: http://boards.answers.findlaw.com/index.php/topic/223739-auto-diminished-value-insurance-claim/

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