Your car starts to depreciate once you drive it off the dealership and will continue to lose its value over the years. However, the value significantly drops after an accident, even if you get the ...

Diminished value is the difference between your car’s value before an accident and after, even if it’s repaired. Filing for a diminished claim may help you earn back some of your car’s lost market ...

Every reported accident, big or small, reduces your car’s value in the marketplace, even if repairs return it to its pre-accident condition — and that reduction is in addition to the typical loss of ...

If your vehicle has been in a car accident, that damage will likely appear in vehicle history reports. Most buyers today use these reports, such as CarFax, to learn more about how the vehicle was used ...