Get Automobile Diminished Value Report

Filling out the Automobile Diminished Value Report online is an important step for individuals seeking to assess the diminished value of their vehicle following an accident. This guide provides clear, step-by-step instructions to ensure that users can complete the form accurately and effectively.

Follow the steps to complete your Automobile Diminished Value Report.

1. Press the ‘Get Form’ button to obtain the form and open it for editing.
2. Fill out the customer information section. Provide your name, case number, address, phone, fax, email, and the date. Ensure all details are accurate and up-to-date.
3. In the vehicle information section, enter the vehicle's year, date of loss, make, model, VIN number, and current mileage. Make sure this information matches official vehicle records.
4. Complete the vehicle options section by checking all relevant features and attributes of the vehicle. This may include options like air conditioning, audio system, and safety features.
5. Review and summarize the vehicle's current condition in the synopsis section. Be honest about the severity of damages and repairs, including the impact on vehicle value.
6. Fill in the 'Pre Loss ACV' section by stating the vehicle's market value before the loss event. Use reliable sources to determine this value.
7. In the 'Repaired Vehicle Value' section, state the post-repair market value, reflecting the vehicle’s condition after repairs have been conducted.
8. Document the cost of repairs. Include all relevant amounts for parts, labor, and materials needed for high-quality repairs, conforming to industry standards.
9. Calculate the loss of market value, which is the difference between the pre-loss market value and the post-repair market value. This reflects the diminished value attributable to damage history.
10. Review the entire report for accuracy. Once all sections are completed, you can save your changes, download, print, or share the form as needed.

Start completing your Automobile Diminished Value Report online today for accurate evaluation and assessment.