Go Back   English Forum Switzerland > Help & tips > Insurance
Thread Tools Display Modes
Old 19.08.2015, 00:31
Join Date: Jan 2010
Location: Zurich
Posts: 187
Groaned at 53 Times in 21 Posts
Thanked 83 Times in 51 Posts
superpippo is considered unworthysuperpippo is considered unworthysuperpippo is considered unworthy
car accident -- claiming diminished value


have a question for you. Hope this is the correct forum section.

You give your classic ferrari to a dealer for a simple job. The dealer somehow manages to crash it (badly). The car is then repaired (paid for by dealer's insurance) and is now back to the road.

Would I then be able to claim dimished value ? What I mean is, the car is now worth less to collectors because it's being seen as a storied car, even if repaired perfectly. Would that work in Switzerland ?

Reply With Quote
Old 19.08.2015, 06:21
JagWaugh's Avatar
Forum Legend
Join Date: Apr 2009
Location: Eglisau
Posts: 5,839
Groaned at 40 Times in 39 Posts
Thanked 11,011 Times in 4,335 Posts
JagWaugh has a reputation beyond reputeJagWaugh has a reputation beyond reputeJagWaugh has a reputation beyond reputeJagWaugh has a reputation beyond reputeJagWaugh has a reputation beyond reputeJagWaugh has a reputation beyond repute
Re: car accident -- claiming diminished value

I would say your first point of call would be to talk to your own insurance. They will probably suggest that you have an appraisal done. If that lists any changes to original, or damage evident, and you can prove that this was a direct result of the accident, then you can chase the dealer for the diminished value for that.

Just how evident is the change?

Getting new paint to match the original _exactly_ is notoriously difficult. The colour is easy enough, getting a resprayed panel or door to match the original lustre and surface quality is almost impossible. An expert will spot and document this type of problem.

Putting an exact number to the diminished value will be very difficult, but stick with it.
See if you can find an AGB (Allgemeine Geschäftsbedingung) from the dealer, and read it closely. Inform the dealer of your concerns, in writing (otherwise they have a legal out).
Most garages don't use their insurance when somthing like this happens, they must have the insurance, but only actually use it if the car is a writeoff (otherwise the premiums go up more than if they pay the repairs themselves).
If your car is proper top end of the market ask the appraisor if there are any lawyers specializing in classic car insurance, if yes, consult with one, but don't mention him to the dealer until it becomes clear that they aren't going to rectify the situation without you bringing out the big hammers.

In short, it depends on the car and on the damage.
A '53 250 Europa with one shiny door is a completely different story from a 400 with a new chrome bit without patina.
Reply With Quote
The following 2 users would like to thank JagWaugh for this useful post:

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Car insurance and car value Bonhomme Insurance 28 24.07.2015 12:04
Car Accident:Garage repairing the car without my consent phacel Insurance 8 13.05.2015 21:11
Son had bike accident, person claiming insurance ellie3759 Insurance 7 25.05.2013 20:16
Car leasing residual value eyebeebe Transportation/driving 117 15.05.2011 22:42
Claiming for car usage, when no car is used tones Finance/banking/taxation 18 14.01.2010 23:42

All times are GMT +2. The time now is 05:41.

Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2017, Jelsoft Enterprises Ltd.
LinkBacks Enabled by vBSEO 3.1.0