If you own a 2024 Lincoln Aviator and it has been in an accident, you may have noticed a disturbing trend – even after repairs, the value of your SUV has decreased. This decrease in value is referred to as diminished value, and it affects many car owners who have been in accidents. But how much value are you truly losing, and how can you seek compensation for it?
Let’s take a deep dive into a case study of the 2024 Lincoln Aviator to provide you with a clearer understanding.
Was Your 2024 Lincoln Aviator in an Accident?
Using a detailed analysis and our own patent-pending methodology, we can determine the diminished value of your 2024 Lincoln Aviator. Here’s a breakdown of the essential figures:
| Diminished Value Calculator | |
| Before Accident Cash Value | $63,750 |
| After Accident Cash Value | $51,000 |
| Diminished Value | $12,750 |
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. Learn more about the unfair 17c Formula.
How about letting our team get you the best value for your insurance claim?
- Discover your car’s true value
- No payment upfront
- Vehicle history report
What Is Diminished Value?
Diminished value is essentially the difference in your car’s market value before and after an accident. Even if your 2024 Lincoln Aviator is repaired to the highest standards, the fact that it was in an accident will lower its resale value.
Whenever you decide to sell your car, it will inevitably be valued at less than it should be. To protect you from this property devaluation, the state of Georgia has granted you the right by law to demand that your insurer cover this value.
→ 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
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.
Ready to Take Action?
If your 2024 Lincoln Aviator has been in an accident, it’s important to know how much value it has lost and what you can do about it. By obtaining an expert appraisal and filing a diminished value claim, you can often recover a significant portion of the lost value, which is typically more than what insurance companies initially offer.
