Insurance companies differ with the make, model and year. Typically most companies won't even repair a damaged car that is estimated 30% repair costs balanced against the Blue Book value. If the car needs only minor repairs it should not significantly effect the value of the car or increase the depreciation.
No, they will give you the current book value of the car at the time of the crash.
In case of Car accident if your car is having valid insurance policy at the time of accident then you are liable to get the claim for the loss. While different companies have different disbursement policies and depreciation charts which would be followed for claim settlement process. Turtlemint car insurance offers a fare depreciation chart and easy claim process which simplifies the complete process and helps to get the tasks done hassle-free
You can find a depreciation calculator for a car online at kellybluebook.com.
The depreciation on a used Mitsubishi car is different for every car. There is no given set limit on depreciation for a used Mitsubishi car. Dealers would know more.
Was it repaired to pre-accident condition? If so then really no depreciation right? There is a lot going on now with respect to 'demished value' claims after a loss. Lots of things come to play, exactly what was damaged, and how the repair was completed, etc. Check with dealers in your area, re: what is this worth, with no accidents and what if there are some (accidents).
Has this car been in an accident?
no.
If the damage is minor, and the damage is fixed correctly, there should be little to no depreciation. In the case of a major repair, the car should not depreciate more than a few hundred dollars, if repaired fully and correctly.
“HAS CAR BEEN IN AN ACCIDENT”
HAS IT BEEN IN A CAR ACCIDENT
Of course they got in a car accident!
He didn't have a car accident. He had a "DIVING" accident.