What is the depreciation rate after an accident?

Depreciation value of a car after an accident At any stage, the car's depreciation rate is 10 to 25 percent higher than the normal rate. Factors include the age of the vehicle and the condition after the accident. This is the difference in the value of the car immediately before and after the accident. This is the value before any repair has been performed.

This type of reduced value is rarely used in claims because insurance companies usually make repairs immediately after an accident. By filing a reduced value claim, you may be able to recover part of the car's depreciated value. If you want to know an accurate estimate of your car's depreciation after the accident, you'll need to understand the formula for the diminished value of 17c.