Diminished value claims

A repaired car
is still worth less.
We pay for that.

When another driver is at fault, the vehicle's owner is owed the resale value it lost. Fender Financial buys that claim, pays up front, and pursues the at-fault insurer ourselves. Pick the page that fits you.

Technician inspecting damage to a vehicle bumper at an autobody shop
2022 Ford Explorer
+$2,150
paid to vehicle owner
What is diminished value

The repair fixes the car. It doesn't fix the price.

Once a vehicle has an accident on its history report, buyers and dealers pay less for it, no matter how good the repair. That gap between what the car was worth before the crash and what it is worth after is called diminished value.

When another driver caused the accident, their insurer owes the owner for that loss in addition to the repair. Most owners never collect it, because proving the number and pushing the carrier takes time, evidence, and persistence.

Fender Financial buys the claim outright. The owner is paid up front, our attorneys build the market evidence, and we pursue the at-fault insurer at our own risk. There is no cost to the owner or to the partner who referred them.

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How diminished value works in Illinois, Indiana, and Ohio.