Understanding Diminished Value (DV) For Autobody Shops With Collision Hub and MyCrash.net

Everywhere (except Georgia) listen up!
If you are repairing vehicles for customers on 3rd party claims (accidents that were not their fault) you must start discussing Diminished Value.
With today's environment around electronic estimates and parts ordering, every single repair is "reported" to a business tracking the service history of that vehicle. From your estimating system to your dealership parts department, it always seems to land on a CARFAX report. That means your customer is going to have some explaining to do at trade-in or even on Facebook marketplace.
DV is also a great gap tool to assist customers who want proper repairs, but do not want to pursue through small claims court.
Now for those of you in Georgia... this works on 1st party losses just like 3rd.
No more expensive "DV Experts" and independent adjusters charging $400 or more per claim. Get a DV report in minutes for just $50.00
MyCrash.net

[@johnindelicato5762]

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The only complaint I have as a consumer with diminished value is how the industry hasn't kept up with places like Carvana. I was about to sell a car to Carvana when it got hit. Carvana was going to give an incredible amount of money as they had for other cars I'd sold to them (literally over what I paid at the dealer new for one). Only problem now was they don't sell accident cars. So it was a true ≈6000 drop in price if I'd sold to them after it was fixed. They buy for more than KBB often. Going third party clamient $300 was all I was going to get. In the end I took a check and sold it as is, I lost some but would have lost more if I'd gotten it repaired.