2023 BMW 5-Series diminished value example

Accidents happen, but the hidden cost of getting your car back on the road can be the diminished value that remains even after repairs. If your 2023 BMW 5-Series has been in a crash, you may be looking at a significant drop in its market value—even if it looks brand new. Buyers tend to shy away from cars with an accident history, which leaves you with a lower resale price.

But how much exactly has your car’s value decreased? Instead of relying on vague estimates or insurance formulas, we use a data-driven approach to calculate the real loss in value. Curious to know the true impact of the accident on your BMW? Let’s break it down.

Was Your 2023 BMW 5-Series in an Accident?

Using a detailed analysis and our patent pending methodology, we can determine the diminished value of your BMW 5-Series. Here’s a breakdown of the essential figures:

Diminished Value Calculator
 Before Accident Cash Value$48,750
 After Accident Cash Value$39,000
 Diminished Value$9,750

These numbers are not just pulled out of thin air. They’re derived from a combination of comparable market data, the quality of repairs, and the vehicle’s condition before the accident. This calculated approach ensures a realistic representation of your car’s loss in value, unlike the 17c Formula method used by most insurance companies.

What Is Diminished Value?

Diminished value is essentially the difference in your car’s market value before and after an accident. Even if your BMW 5-Series is repaired to the highest standards, the fact that it was in an accident will lower its resale value. Buyers and dealers typically view a vehicle with an accident history as less desirable, which translates into a lower offer.

→ Read: How to File a Diminished Value Claim After a Car Accident?

Click here to check our frequently asked questions for more Diminished Value content: Diminished Value Information Center

Factors That Impact Diminished Value

Several factors contribute to determining the diminished value of your Mazda:

  • The severity of the damage: Significant structural or cosmetic damage will have a greater impact on your car’s value.
  • The quality of repairs: While high-quality repairs help, any evidence of damage reduces value.
  • Vehicle age and mileage: Newer, low-mileage vehicles like the BMW 5-Series are more likely to suffer higher diminished values.

Why Do You Need an Appraiser?

Bringing an appraiser on board can make a world of difference for your diminished value claim. Here’s why:

  • Expertise: These pros have the expertise to accurately assess the diminished value of your car, maximizing your claim.
  • Credibility: Their detailed reports bolster your claim, making it tough for insurance companies to lowball you.
  • Leverage: Armed with a professional appraisal, you’ve got the upper hand when negotiating with insurers.

Fill out the form below to get a FREE Claim Review or call (678) 404-0455 and receive the compensation you deserve. Discover how much your car lost in value for free.

Real-Life Diminished Value Case: 2019 BMW 5-Seres 540i

2019 bmw 5 series real life case

To give you a clearer picture of how diminished value works, let’s look at a real-life example from one of our clients.

In this case, a 2019 BMW 5-Series 540i with 28,022 miles was involved in an accident. The repairs, which included structural damage, were completed to a high standard, but the accident history still impacted the car’s value significantly.

  • Pre-Accident Fair Market Value (FMV): $46,500
  • Post-Accident Fair Market Value (FMV): $41,011
  • Diminished Value: $5,489

Even though the car was restored, the diminished value amounted to $5,489—a loss reflected in the vehicle’s reduced market appeal to potential buyers. This example shows the importance of having a professional appraisal to capture the full extent of the diminished value, ensuring the owner receives proper compensation for the loss.

Conclusion: Know What Your Car is Really Worth

When your car’s been in an accident, it’s easy to focus on the repairs and forget about the hidden loss in value that comes with it. But as we’ve seen, even a well-repaired car like the BMW 5-Series can lose thousands in resale value. Don’t let that loss go unnoticed.

Our goal is to help you get what you deserve. With our detailed, real-world approach to diminished value, you can be confident that you’re getting the full picture—no guesswork, no outdated formulas. If you’re curious about how much value your car has lost, we’re here to help. Let’s make sure you’re fully covered and not leaving money behind.