Diminished Value Claim

[MrTesco]

Morning,

Just looking for peoples views / knowledge about Diminished Value Claims after my Shuttle got hit my a 3rd party.

Technical now the bus has been subject to a insurance claim it could potentially affect the resale value. As it will show on a vehicle check and I have a duty to declare any damage to any potential buyer. I have no idea how much if at all this could affect any resale in the future, the damage is only minor in that it's going to have a complete new door but still not original.

Is this something anyone has or would claim for or not worth the trouble?

 

[PukkaT6]

it is a like for like replacement and as its minor damage then you would get nothing as you could argue that its actually in a better state due to having new parts.

If your van was a CAT D write off then yes you could make a claim as you have to declare that when selling which would then result in a lower value however for all other damage then its down to morals and not duty if you want to advise buyer.

 

[MrTesco]

That's fair enough just wasn't too sure if it was worth looking into, this being my first new motor just making sure I cover everything. I've always been honest about any damage / mechanical issues in past so no questions there , been had over myself before. Cheers for replying

 

[PukkaT6]

I totally agree for major damage and mechanical issues, you would be a shark if you didnt mention these.

Minor damage fixed to a standard equal to original condition to me is not worth mentioning unless asked. In the long run it will only cost you money as they will use it against you.

 

[andythom188]

If the van has been repaired by a recommended vw accredited body shop you should have no problems as they will measure the paint thickness and match.
And won't show up on the vcar register as it isn't a write off so won't affect the vehicle resale value.
Write off vehicles on vcar register are cat C & cat D cat c use to be printed on the v5 but cat d didn't