Diminution Reports
Diminution claims over the last 10 years have become a prominent head of claim within the motor industry. Automotive Consulting Engineers Ltd have been long established in this field. Diminution applies to vehicles involved in accidents, where the other party is at fault, and where accident reinstatement effects the resale value of the vehicle. In the eyes of the general public a vehicle which has been involved in an accident, even though repaired to a good standard, has less appeal than an original vehicle. This would be reflected in its sale price and any loss of value may be claimable from the person responsible for the accident.
