Repaired is not restored: diminished value

36 seconds  ·  published August 7, 2026  ·  Jared Lukes, CMEA

A repaired car still carries its accident history on the VIN, and the market pays less for it. That loss is diminished value, and the insurer's figure is not evidence of it.

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Transcript

Every word, if you would rather read it.

Repaired is not restored. Your car's accident history follows the VIN, and the market pays less for it.

That loss is diminished value. In most states, you can claim it.

But the insurer's number is not evidence. You need an independent appraisal built on real comparable sales.

Lukes and Lukes. Impartial diminished value appraisals, nationwide. lukesappraisals.com.

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