Diminished Value Consumer Survey Results
Following are the current statistical results of the "Diminished Value Consumer Survey" being conducted by the Insurance Consumer Advocate Network.
This data represents what a consumer may be willing to pay when they are aware of a vehicle's prior damage history.
NOTE: Add 10% For an AIR BAG Deployment History !
Date Tabulated: 1/31/2023
“YES” / “NO” Results
Yes
No
Question 1: “Would you pay the same price?”
1.43%
Responses: 2598.57%
Responses: 1,727“YES” + “NO” Combined Results
Value
Deviation
What you'd pay / value of vehicle “B” (OEM)
$15,606.03
-21.97%
What you'd pay / value of vehicle “C” (A/M)
$12,282.99
-38.59%
“NO” Only Results
Value
Deviation
What you'd pay / value of vehicle “B” (OEM)
$15,237.54
-23.81%
What you'd pay / value of vehicle “C” (A/M)