Yes, you read it right; USA Diminished Value Expert, Mike Lasini, tells you what your truck is worth after it’s been in an accident and explains why. Hi, I’m Mike Lasini, your diminished value pro.
When a vehicle rolls off a manufacturer’s assembly line it’s been built perfect with all parts securely put together. The truck has everything in place as it should be and is in the best condition. The value of the truck drops instantly when the buyer drives it off the lot, but I’m sure you know this and that the truck’s depreciation occurs at the normal rate over time; but when a truck is in a crash what happens to its value once all repairs are finished? Does it hold its prior value before the truck accident? Will the expected depreciation rate once repaired pick up and continue where it left off? No, it doesn’t.
A truck that’s been in an accident and received even the best repairs may look and feel as good as new, but things are awry. The motor may purr to perfection, the crunched in quarter panel may be smooth as butter, and it may have a new tailgate or bumper, but the damaged truck is not “as good as new”. Your truck’s resale value is NOT back to the same truck value as pre-accident. Not even close to it; the value diminished drastically.
If you’ve ever tried to buy a new vehicle using your truck as a trade-in you’ve probably had the salesperson say, “I’ll be right back. I just need to run a Truck Fax on it.” Did you wonder why? It’s because if you’ve been in a truck accident then it’s a damaged truck; and regardless of any repairs bringing it to “pristine condition”, it’s still a damaged truck and it has diminished value. Dealerships take advantage of the drop in value. They know the second the impact happened the truck’s value drastically dropped. What this all means for you is the truck’s trade-in value dropped drastically too. Something you should know, is private buyers can run a Truck Fax report too.
How’s this fair? It’s been fixed?
Bear with me here, it’s a fair / unfair situation. It’s fair for the buyer purchasing your truck because he/she’s buying a previously damaged truck and getting a good deal on price. It’s unfair for the seller because he/she isn’t getting the same value the truck was worth pre-accident. This is called “diminished value” and as the owner of the damaged truck you are entitled to reimbursement of fair market value from the loss in damages. This is where I can help you.
Here at TruckBuyerUSA.com we have a unique patent pending pricing system that provides you with an accurate assessment of your truck’s loss in value. This is something an automobile insurance company will never give you. Insurance carriers us the 17c formula that has the job of diminishing the damaged truck’s diminished value from the start. The result is an unfair drastic drop in value.
Things You Need to Be Aware Of
- All insurance companies are required to pay you diminished value. The do this, but don’t pay the true amount of diminished value. I can help you get the amount you are entitled to and deserve.
- A diminished value payout cannot increase your insurance premium. If you ever think it has, speak to an attorney.
- Your insurance policy cannot be cancel by a carrier for collecting diminished value. If your insurance is cancelled and you think a submitted diminished value claim submission is the cause, speak with an attorney. .
- Regardless of the driver at fault for a truck crash, a diminished value claim can be filed. Do not let your insurance carrier lead you to think otherwise.
Now that you’re aware and fully understand what diminished value is, how it works, and your rights, would you like to know what your true damaged truck worth is? Great, I can tell you. TruckBuyerUSA.com will calculate the truck information you give us and tell you what your truck is worth after a crash. If you want to speak directly with one of our live agents, that’s great! Give us a call at 888-724-2058. If you’d prefer, you can use our FAST, SAFE, and EASY 2-step process and enter your truck’s info into our short form to get the highest instant cash offer you’ll find anywhere in as little as 20-seconds. Once we have your information we’ll get in touch with you and help you sell your truck, and get cash in the bank fast! I’m Mike Lasini, USA’s diminished value expert and I’ll tell you what your accident truck is really worth. Let me help you.
