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

2 Answers

Ethan

07/30/25 12:50am

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.

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LaGabriela

08/15/25 6:13am

I've been in this situation before. After my car was rear-ended and the other party was fully at fault, the biggest loss I wanted to recover was the depreciation, since even after repairs, the car just didn't feel as valuable. But honestly, it's quite complicated. First, you need to consider the extent of the damage and the car's age. If it's just minor scratches or a brand-new car bought just a few months ago, there might be some hope for claiming depreciation costs, but usually, insurance only covers repair expenses. Last time I tried to claim, I went through a lot of trouble consulting a lawyer, only to find out that I needed to gather evidence of the accident, repair reports, and market evaluations to prove the depreciation amount. The whole process was time-consuming and costly, and in the end, the other party agreed to settle privately with a small compensation for the difference. My advice is to prioritize getting the car repaired and ensuring safety, then decide whether to pursue compensation based on the situation. If it's too much hassle, sometimes it's better to just let it go for peace of mind.

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