Exotic Vehicle Lawyer – Diminished Value on Supercars and Ultra Luxury Vehicles

As an exotic vehicle owner, you know the value of your vehicle is important.  

Lamborghini, Ferrari, McClaren, Rolls Royce, Bentley, Pagani, Maserati, Porsche, BMW, Audi, Lotus, and Tesla are some of the highest value vehicles on the road.  These exotic supercars expensive to buy and expensive to maintain. As an owner, you try your best to protect your investment. Even the smallest scratch from a grocery store shopping cart can affect the value of these vehicles. After an accident, the sad reality is that it is almost impossible to retain the car’s pre-accident value. 

Lamborghini frame damage, Ferrari red paint, and Rolls Royce suspension are never the same after impact and damage. A potential buyer may question the integrity of your luxury vehicle after learning it has been in an accident. After an accident, you just want your car fixed properly, but you also need to protect the value of your vehicle, which has unfortunately now diminished in value. After repairs, your supercar may look the same, but it is no longer worth the same.   

Requirements for a Diminished Value Claim:   

  1. You must own or finance the vehicle (No leases).  
  2. The accident was NOT your fault.  

If your ultra-luxury or exotic vehicle has been in an accident, you may have a diminished value claim. Contact our office so we can start your claim today!  

Lost Value Law, P.A. is here to help you handle Diminished Value car insurance claims. Our goal is to recover money that you are owed. We handle Diminished Value claims on a contingency fee basis. We do not charge the client for fees or costs unless we recover. If you need assistance or would like a free consultation regarding a diminished value car claim, please call James M. Rosenberg, Esq. today at our office at (954) 860-0079.