When a car has been involved in a collision, its market value often drops even after high-quality repairs. A Vehicle Depreciation Appraisal identifies the difference between the pre-accident and post-repair values. This figure is known as the “diminished value,” which represents the loss in market appeal due to the vehicle’s accident history. Insurance companies may not always offer a... https://virtualcollisionappraisals.com/vehicle-depreciation-appraisal-guide/