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Unlocking the concept of diminished value

Does a repair inherently lower the value of the vehicle? This is a question coming up more and more in US courts, and could make its way to Canada.

By Jeff Sanford Toronto, Ontario — January 15, 2016 — The first Guild 21 conference call of the new year took place Thursday afternoon. On the call was Kevin Gardiner of Auto Club Enterprises. He unpacked the concept of diminished value (DV) for listeners and warned that small claims courts cases involving the concept are […]

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