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Old 11-10-2015, 12:45 AM   #1
Austin45
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My Car Was Hit, What is the Devaluation?

Long story short, I had a lady hit me the other day because she didn't yield to a yield sign. My question is what would be a fair devaluation claim? Clearly this is a huge fix and the car will be devalued because of it, but my question is how much?

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Old 11-11-2015, 10:10 AM   #2
nyrfan
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you have to look at your State laws, but given the age of the car (nearly 4 years) I would not expect anything.
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Old 11-11-2015, 10:20 AM   #3
pickwithaustin

 
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A good rule of thumb on value is, "A car is worth whatever you can sell it for."
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Old 11-11-2015, 10:30 AM   #4
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as long as thee is no frame damage and the fix is done the right way I wouldnt think it would effect it bc of the age of the car.
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Old 11-11-2015, 11:02 AM   #5
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I didn't know you could file a claim for devaluation. How realistic is the payout to actual devaluation?
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