Overview
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The term “Massachusetts Diminished Value” means that cars which were damaged and subsequently repaired lose market value as a result of having a repair history, sometimes known as a “Bad CARFAX.” In Massachusetts, this lost amount is recoverable from the at-fault parties. The amount of diminished value is determined by the damages that were repaired and the vehicle itself.
WE ARE THE BEST AND MOST TRUSTED AUTO DIMINISHED VALUE EXPERTS IN THE COUNTRY. OUR COMPANY VALIDATES OUR DIMINISHED VALUE RESEARCH BY SPEAKING TO THE SALES MANAGERS AT SIX NEW CAR DEALERSHIPS IN MASSACHUSETTS. THIS SUPPORTS OUR EXPERT OPINIONS, PROVIDING PROBATIVE EVIDENCE TO STRENGTHEN YOUR COURT CASE.
Diminished Value is the difference in the value of your auto directly before and directly after collision repairs have been completed. After being repaired, your car has a bad Carfax or other vehicle history report. This is known as Inherent Diminished Value. Used-car buyers in Massachusetts prefer to purchase cars that were never previously damaged so your car, by comparison, is less appealing; hence, it is worth less. If there was frame/unibody damage or air bag deployment it is worth a lot less. How to apply for a diminished value claim in Massachusetts? The first step is to obtain an automobile diminished value report from a diminished value expert. Then file a suit in small claims court. There is no amount too great as Massachusetts has no ceiling on property damage claims – which includes diminished value – in motor vehicle-related cases.
Click on the payment button above to pay by Credit Card or Paypal. The fee for an Automobile Diminished Value Report is
$275.00. You may also make your Credit Card Payment by telephone, call 772-359-4300.
Tesla and other exotic car owners please call for rates.
Our company services Massachusetts by providing diminished value reports and expert witness testimony for owners of damaged vehicles. You may call 772-359-4300 or email us at contact@autodiminishedvalue.com if you have questions or need more information about diminished value in Massachusetts.
SIX UNBIASED DEALER QUOTES IN EVERY REPORT TO VALIDATE OUR RESEARCH
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Questions and Answers about Diminished Value in Massachusetts
Q: What is Inherent Diminished Value?
A: The term “inherent diminished value” describes a stigma loss whereby potential buyers of used cars will naturally prefer to purchase vehicles that were never involved in collisions to those that were previously repaired.
Q: In Massachusetts, you can only file a Third-Party Diminished Value Claim. What is a Third-Party claim?
A: This expression means that you are making a claim against the person responsible for causing the damage to your car rather than against your own insurer which are known as First-Party claims..
“Diminished value” means the actual or perceived loss in market value or resale value which results from a direct or accidental loss. Diminished value is an element of property damage for Third-Party claims. It should not bar the right of the car owner to promptly assert a claim for diminished value in small claims court if the diminished value was directly caused by the accident
Q: How is We are different from other companies who prepare automobile diminished value reports in Massachusetts?
A: Virtually every independent company working in the field of auto diminished value in Massachusetts either relies on ad comparisons, formulas or “algorithms” based on severity of damage, mileage, etc. or simply offer their “expert opinions.” Magistrates routinely downgrade these types of reports for different reasons, primarily because they are so easy to challenge.
Formulas such as State Farm’s Rule 17c use what is called “damage modifiers” that assign points according to severity of damage and mileage. Auto diminished value appraisers using this formula must, naturally, use higher modifiers than insurance companies would. This simply creates a controversy over whose formula is right. The same goes for so-called algorithms.
Our company confirms our diminished value opinions by speaking with the pre-owned managers at automobile dealerships – the people directly responsible for buying the trade-ins. In our query, the year, make, model, mileage, color options, condition, amount and nature of damages is discussed. Based on that information, a dealer can determine exactly how much less he would pay for the car. We compile six dealer quotes and by averaging their deductions, our automobile diminished value figures are created. It is clearly noted in our reports that all of the dealers queried are told that the subject vehicles are not available for purchase or trade, therefore, none of the dealers queried have any vested interest in the subject vehicles. Our clients receive much fairer treatment from judges.
Q: Do I need an attorney to file an automobile diminished value claim on my behalf?
A: You may elect to consult with a lawyer that specializes in Massachusetts diminished value cases from the outset but you can also file your automobile diminished value claim yourself. Our reports usually result in satisfactory claim settlements. It should be noted that our experience testifying as an expert witness has resulted in at-fault parties being ordered to pay the full amount of the diminished value.
Q: In what counties are St. Lucie’s services available?
A: Our automobile diminished value reports are sought after by car owners all over the state. We provide automobile diminished value reports in Massachusetts as well as in all 50 states.
Q: Do you need to physically inspect my repaired vehicle?
A: With regard to a personal inspection your car, everyone should be aware that a physical inspection of the repaired car is completely unnecessary as our research is done based on a properly-repaired vehicle. In the case of REPAIR-RELATED diminished value, which is a loss of value because of shoddy repairs, a physical inspection is, indeed, necessary. Your claim, and 99% of diminished value claims, represent INHERENT DIMINISHED VALUE and only allege a loss of value because the vehicle now has a repair history or bad Carfax.
Hire a Diminished Value Expert in Massachusetts
St. Lucie provided me with an estimate of the diminished value of my brand new Subaru Outback post repair to industry standards, after it was sideswiped along the entire left side of the auto while parked in front of my home.
I could not be more pleased by my experience with this business than I am. After submitting all the particulars needed for the report, turnaround time was unbelievably fast—just about 24 hours. Communication with the firm was personal, responsive and just excellent. The report was well formatted. The price was more than reasonable—I would have paid more, considering what I got. The analytical approach and methodology used in preparing the report I believe to be sound as it is based on the actual combined and averaged opinions of 6 Subaru Used Car Managers from Massachusetts. These individuals are professionals, specialists in making these determinations, who do so on a daily basis, and do so successfully under actual real life market conditions. Therefore, this yields a report that is highly credible and has substantial evidential weight when the matter is adjudicated.
St. Lucie has my unqualified endorsement with regard to the area of diminished value auto claims, and I wholeheartedly recommend them to anyone needing help in this area.
That recent review accurately sums up our goals, our process and the way our customers feel after using our services. Our figures represent what the vehicle will encounter in the real world of used cars. It is the used car managers at dealerships who provide the most realistic assessment of values because automobile dealers are the ones purchasing and re-selling the vehicles. Our reports list each dealer, their estimation of how much less they would pay because of the bad CARFAX and any pertinent comments such as how different variables affected their decisions. Although it is more time consuming than using formulas, algorithms or other short cuts, it’s the only method by which accuracy can be obtained. In Massachusetts, you won’t find a better automobile diminished value expert.
So be aware. Knowledge is power. Diminished value figures should represent what the vehicle will encounter in the real world of used cars. If you’d like hire us to prepare a report for diminished value or a total loss dispute in Massachusetts, or if you have any questions, please feel free to call us.
Click on the payment button above to pay by Credit Card or Paypal. The fee for an Automobile Diminished Value Report is
$275.00. You may also make your Credit Card Payment by telephone, call 772-359-4300.
Service in Amherst, Arlington, Attleboro, Barnstable, Beverly, Billerica, Boston, Braintree, Bridgewater, Brockton, Cambridge, Chicopee, Fall River, Framingham, Haverhill, Lawrence, Lowell, Lynn, Malden, Medford, Methuen, New Bedford, Newton, Peabody, Pittsfield, Quincy, Revere, Salem, Somerville, Springfield, Taunton, Waltham, Weymouth, Worcester and throughout Massachusetts
Barnstable, Berkshire, Bristol, Dukes, Essex, Franklin, Hampden, Hampshire, Middlesex, Nantucket, Norfolk, Plymouth, Suffolk and Worcester Counties
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