2023 Subaru Legacy diminished value example

The 2023 Subaru Legacy is a popular midsize sedan that combines safety, performance, and reliability in an elegant package. It commands a high resale value due to its impressive safety features and exceptional design.

After your Subaru Legacy has been in an accident, even if the damage is minor, the value of your car can significantly decrease. While insurance will cover the repairs, many policies do not account for the hidden impact of an accident on your car’s overall worth and the compensation you deserve for it.

2023 Subaru Legacy Diminished Value Case Study (PDF)

Was Your 2023 Subaru Legacy in an Accident?

Using a detailed analysis and our patent pending methodology, we can determine the diminished value of your 2023 Subaru Legacy. Here’s a breakdown of the essential figures:

Diminished Value Calculator
 Before Accident Cash Value$34,500
 After Accident Cash Value$27,600
 Diminished Value$6,900

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.

What Is Diminished Value?

Diminished value is essentially the difference in your car’s market value before and after an accident. Even if your 2023 Subaru Legacy 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

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.

Conclusion

The 2023 Subaru Legacy is a well-rounded and dependable sedan, but even it can lose a significant portion of its value after an accident. While insurance companies may cover repairs, they often won’t acknowledge the reduction in your car’s resale value. Hiring a professional appraiser ensures that you get fair compensation for your car’s diminished value.

Have you thought about how much your Subaru Legacy may have lost in value after an accident?