Diminution in Value Reports
inSPect vehicle loss adjustors can provide diminution related assessments and valuation reports for an independent perspective.
What is Diminution in Value?
Diminution in value occurs when a vehicle has been damaged and subsequently repaired. Repairs must have been carried out to a commercially acceptable standard. However To put matters into perspective the simple answer to diminution is: Where two identical vehicles are put side by side and offered for the same price but one had been repaired, which vehicle would the prospective buyer opt for?
Why choose inSPect for your Diminution in Value reporting?
With over 40 years experience in the motor industry we offer an unrivalled expert service. If you would like to know more please call us today on 07770 812 970.