Honda CR‑V Diminished Value Appraisal – Franklin County, Ohio
The St. Lucie Appraisal Company completed an independent diminished value appraisal for a
Honda CR‑V EX‑L AWD 4‑1.5L Turbo SUV with 9,155 miles that sustained rear‑end collision damage totaling $5,955.53 in Franklin County, Ohio. Although the vehicle was not disabled or towed, the repairs involved structural damage and no air bag deployment. The vehicle owner hired an independent appraiser and pursued a third‑party inherent diminished value claim based on the loss in market value caused by the documented structural repairs.
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What Ohio Honda Sales Professionals Reported
As part of this appraisal, The St. Lucie Appraisal Company contacted Honda dealerships serving Franklin County and neighboring Ohio markets to determine how this specific repaired vehicle would be valued in the trade-in marketplace. These sales professionals reviewed the repair history, structural damage, mileage, and overall condition before providing their trade‑in deductions.
One sales professional stated: “Honestly, with structural damage we wouldn’t even take it. When a
buyer sees structural damage on Carfax, they will not buy it. That SUV loses half of its value just
because of the structural damage.”
Another representative explained: “Frankly, once you said structural damage, I already know it will
take a hard hit of ½ or 50%.”
These opinions reflect what actual Honda dealerships indicated they would deduct from the vehicle’s trade‑in value after reviewing its repair history.
Information Provided to Sales Professionals
Each dealership received detailed vehicle information including year, make, model, mileage,
pre‑accident condition, color, options, pertinent equipment, date of loss, and a description of the
structural repairs performed. Their opinions were based on professional experience, access to auction results, and real‑world trade‑in behavior. All dealers were advised that the vehicle had been properly repaired.
Damage Description
Description of damage: Non‑disabling rear collision with structural component damage and
no air bag deployment. Total repair cost: $5,955.53. LKQ (used) and/or aftermarket parts were utilized in the repair but were not factored into the diminished value calculation.
Diminished Value Calculation
The average deduction across six independent Honda sales professionals was 43.33%. This percentage represents the diminished value applied to the vehicle’s Fair Market Value (FMV) at the time of loss.
The vehicle’s FMV (Average Trade‑In Value) at the time of loss was approximately $30,500.00. Based on the verified deductions, the Diminished Value was $13,215.65.
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Questions & Answers About Automobile Diminished Value
What is diminished value?
Diminished value is the measurable loss in a vehicle’s market value after it has been repaired
following a collision. Even when repairs are performed correctly, buyers generally pay less for a
vehicle with structural damage or a documented accident history.
Why do structural repairs matter so much?
Structural repairs signal that the vehicle absorbed significant impact. Sales professionals and
wholesale buyers typically apply steep deductions because structural damage affects long‑term
durability, future resale, and buyer confidence.
Do LKQ or aftermarket parts affect diminished value?
They can, but in this case the deductions were based primarily on the presence of structural damage and the vehicle’s repair history. The parts used were not factored into the diminished value figure.
Is a diminished value appraisal necessary?
A professional appraisal provides documented evidence of the vehicle’s loss in value, supported by real dealership feedback. Insurers often require this level of documentation before considering a third‑party diminished value claim.
Does St. Lucie Appraisal handle total loss disputes?
Yes. For total loss valuation disputes, visit TOTALLOSSDISPUTE.COM.
Payment Information
Click the payment button above to pay by Credit Card or PayPal. The fee for an Automobile Diminished
Value Report is $275.00. You may also make your Credit Card payment by telephone at 772‑359‑4300.
Before making payment, please email the body shop estimate or insurance company appraisal to contact@stlucieappraisal.net.
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This is an Open Education resource focused on auto diminished value, collective knowledge and the sharing of scholarly content.
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