Diminished Value Consumer Survey Results
Following are the current statistical results of the "Diminished Value Consumer Survey" being conducted by the Insurance Consumer Advocate Network.
This data represents what a consumer may be willing to pay when they are aware of a vehicle's prior damage history.
Date Tabulated: 11/30/2020
“YES” / “NO” Results
Yes
No
Question 1: “Would you pay the same price?”
1.43%
Responses: 2598.57%
Responses: 1,721“YES” + “NO” Combined Results
Value
Deviation
What you'd pay / value of vehicle “B” (OEM)
$15,806.03
-20.97%
What you'd pay / value of vehicle “C” (A/M)
$12,273.68
-38.65%
“NO” Only Results
Value
Deviation
What you'd pay / value of vehicle “B” (OEM)
$15,234.87
-23.83%
What you'd pay / value of vehicle “C” (A/M)
