Quote:
Originally Posted by kscarrol
Good question! OP shows an '06 Mazdaspeed and a '97 Miata. With cars almost 10 and 20 years old, I can imagine a diminished value claim would be tough but the OP needs to provide more information.
I was rear-ended in my '11 M3 and discussed diminished value with Liberty Mutual (at fault driver's insurer). They were familiar with the process but not keen on pursuing. They also mentioned the Georgia formula for valuing a diminished value claim, but ultimately the damage was a bumper cover and paint so I never pursued the claim...
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What car it was does not matter. Any car would be worth less after an accident.
I am familiar with the bs 17c standard they use after State Farm started that in the case in GA.