Advice on diminished value claim

[ps2cho]

Why did you even bother having the cops involved on such a minor tidbit to have your VIN in an accident report that will now show up on Carfax forever?

Cops were not involved at all. Isn’t the damage reported by the repair shops?

 

[Pew]

Cops were not involved at all. Isn’t the damage reported by the repair shops?

Sometimes. When I sold my Evo, only half the claims were on Carfax/auto check and none of the ones that showed up were the big accidents.

So in three months there's a chance the title could still show clean .

 

[zzyzzx]

It's a vehicle, not an investment.

 

[Nick1994]

Call Collision Safety Consultants (can look them up on Facebook too)

https://collisionsafetyconsultants.us/

 

[JHZR2]

2021 M2 Competition, 13k miles, MANUAL....PLUS it has $7k worth of FACTORY M Carbon Fiber - on the window/options sticker (not added after so its not "custom accessories"). Never seen another one with similar spec. It would cost close to $7k + labor to replicate it on another M2 without these parts.

Question -- today she was rear ended, generally minor damage but it needs a new rear bumper. I want to chase for diminished value because I have definitely lost value, and I may be forced to sell her in the coming months with another child impending. So this isnt just a grab - I was getting ready to prep for sale so this is unfortunately terrible timing.

1) Not a single 2021 M2 in the entire USA right now for sale has the carbon fiber front bumper, spoiler, mirror caps, Alcantara trim, rear diffuser, splitter and side grills together as one package. Theres a few with maybe a few of these 1-2, but none in total (the original owner was a maniac and just basically checked ALL the factory boxes on a German order build)

2) Manuals are going the way of the dinosaur...

Whats the strategy I should take here if anyone has gone through this before? I feel like looking at clean title vs damaged, its at minimum 5k difference, some as wide as 10k. How should I prepare to make the diminished value claim?

Obligatory photos after a 40hr paint correction & ceramic coating...paint is FLAWLESS.
View attachment 301274

There are professionals that work diminished value claims.

I’m not sure if pursue one unless the offending insurance company really did poor by you with Chinese parts and inferior repairs. Part of that would be your choice of shop too.