Please be Advised:

Due to health issues (unrelated to COVID-19, fortunately), J.D. Howard has a delay in fulfilling DV-related claims requests until mid-April. We deeply apologize for any inconvenience this may cause, and be rest-assured J.D. will be fulfilling your request ASAP.

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Diminished Value Consumer Survey


Now that insurance companies have admitted the existence of Diminished Value damages in general, many are attempting to deny the existence of any Diminished Value on individual cases and/or minimize the dollar value assigned to those Diminished Value claims.

This is your opportunity, as a Consumer, to provide your input. Following is described a Factual Situation about which you are requested to Answer Three (3) questions as well as provide us with your e-mail address where we, or anyone validating the results of this survey, may contact you to verify your input.

~ Factual Situation ~

Assume, for the sake of this survey, you are in the market to purchase a specific resale vehicle that typically sells for $20,000.00. Your venture into the market place leads you to three vehicles that ideally fit your needs. All are comparable in Year, Make, Model, Equipment, Apparent Condition and Miles.

All three units are available for $20,000.00.

  • Vehicle "A" has No collision history and all original Factory Warranties will transfer to you.
  • Vehicle "B" had incurred $5,000.00 worth of collision repairs per factory recommendations using new factory original (OEM) body parts. All original Factory Warranties will transfer to you.
  • Vehicle "C" had incurred $5,000.00 worth of collision repairs but has After-Market Body and/or Mechanical Parts. Only a portion of the original Factory Warranty will transfer to you. The original Factory Warranty will Not cover the After-Market Parts nor any Consequential Damage due to a Failure of those After-Market Parts.

All other factors are equal!


Required field

Questions

  1. Would you be willing to pay the same price for each or any of these three vehicles?

    IF your answer to Question #1 above is "NO," please go on to the following questions . . .

  2. What would the price have to be for you to give equal consideration to Vehicle "B"? $
  3. What would the price have to be for you to give equal consideration to Vehicle "C"? $
  4. Assume you are considering the purchase of a vehicle that has documented evidence of a Minor Prior Damage History. On a percentage basis, by what Minimum Percentage factor would the Minor Prior Damage History Vehicle have to be discounted in order for you to give it equal consideration as you would to the same vehicle with No Prior Damage History? %

About You

For your input to be included in our study data, you must enter your Name and E-mail Address above. Survey results data (excluding your Name and E-mail Address) will be posted here on a monthly update basis. You may Contact Us with any inquiries regarding this survey.

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