Can I Claim Depreciation Costs If My Car Was Rear-Ended and the Other Party Is Fully at Fault?

[Ethan]

Can I Claim Depreciation Costs If My Car Was Rear-Ended and the Other Party Is Fully at Fault? Here are the details about depreciation costs: 1. Introduction: Vehicle depreciation compensation refers to the payment made by the at-fault party to the non-fault party for the depreciation of the vehicle after a traffic accident. There are no specific standards or regulations regarding vehicle depreciation, so it can only be assessed by relevant used car appraisal agencies. Courts can only use the appraisal results from these agencies as the basis for their rulings. 2. Standards: Used car appraisal agencies should follow the principles of "objectivity, independence, fairness, and science" when assessing and determining the depreciation costs of accident vehicles. While accurately assessing the depreciation costs, they must also protect the legitimate rights and interests of the at-fault party.