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Old 07-06-2012, 08:26 PM   #49 (permalink)
Baer383
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Quote:
Originally Posted by gy954 View Post
Actually, what I got was screwed. Diminished value was a few bucks...not the $1500 I lost. I consider it the cost of my education, which I try to pass on as best I can.
You didn't get beat by the insurance co.on diminished value you got beat by the dealer when you traded it in.

Diminished value is based on allot of things some of them are which parts were replaced,which were repaired,how many structure pieces got replaced and so on.

It doesn't matter what insurance co. you have diminished value is figured out by a odd formula they all go by,they look at the repair bill and it is calculated by that.
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