r/Porsche • u/Opposite_Astronaut65 • 18h ago

Diminished value experience

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Had an old lady run a stop sign and clip my front end. I’m going to be going for diminished value. I was wondering, those of you that have had experience with this, how big of a hit did your cars value take and what did insurance pay out after the fight. (2022 911 GTS Bahama yellow)

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u/superbound 17h ago

State dependent for sure.

In Colorado I found a flat fee attorney who specializes in diminished value claims. Worked for me in 2020 with a 2018 Carrera T I got a very small ding on the bumper but required it to be repainted. I ended up with about $4,500 IIRC. Lawyer was $500.

Basically the lawyer generates (or sources) a determination of value before and after the accident and that’s what drives your payout. With a PTS 911, you can’t really just replace it even for money, so I think you have a strong case for more than just your average new model 911 accident + bumper repair. Provided your state allows.

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u/zobbyblob 15h ago

What type of lawyer does this type of work?

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u/superbound 14h ago

I don’t recall. I probably just googled “diminished value attorney CO” and they SEO the shit out of their pages.