So what’s your car worth after it’s been wrecked and reconditioned? Probably not as much as is was before the wreck. Would you pay full price for a wrecked and repaired Subaru? Although Uni-body vehicles have frame rails that can be replaced, the metal structure that holds the vehicle together is actually part of the Uni-body frame. That means, if the structure is damage, even if it is repaired to factory specs, the car still has Uni-Body frame damage and is worth anywhere from 20-50% of it’s pre-loss value. This loss is considered Diminished Value in Oregon.
The cars above are identical in every way but one. The bottom car has had 8,000 worth of structural damage that has been repaired. As demonstrated by the Newton’s Cradle below, inertia travels to places that may not be initially visible. So even though a car has been fully repaired, welds, bolts and general structural integrity could have been compromised. Add to this the perception of the normal person that a wrecked and rebuilt vehicle is not only worth less, but also less safe, and you have diminished value. Recent Oregon legislation has passed House Bill 2190, which could assist you in receiving a fair value for your car. One of the main prerequisites is an Unbiased Appraisal of your vehicle. Diminished Value in Oregon is at an all time high with more people being educated in what diminished value is, more claims are being processed and won.