Depreciation Claims

Depreciation Claims

Have you been involved in a road traffic accident involving damage to your motor vehicle?  If so you may be entitled to claim for depreciation or, as it is also known, loss of value.

The principle behind depreciation is very simple; even though your vehicle has been properly repaired by a reputable garage when you come to sell it you may well find that its value is less than it would have been if it had not been involved in the accident.

If you put yourself in the position of a buyer you will understand immediately how the depreciation can arise.  If you were going to buy a car and you had a choice of two very similar vehicles with the same mileage etc but one had been repaired after a serious accident and one hadn’t you would want money off to take on the one that had been in the accident.

Depreciation depends on a number of factors including the nature and extent of the vehicle damage that your car has sustained and the age and type of your vehicle.  We can obtain a specialist report from an independent motor assessor to calculate what the likely depreciation of your vehicle would be and pursue this for you actively as part of your claim.

If you have been involved in a road traffic accident involving damage to your vehicle, or other loss, why not contact us to-day on 028 90 365955 urgently for advices as to a potential claim.  We will be happy to give you a FREE INITIAL CONSULTATION to discuss your case. 

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