Diminished Value in NH?

[Phredd]

What is the name of your state?What is the name of your state? New Hampshire

Does anyone know whether or not New Hampshire allows for diminished value? I've searched and searched and haven't found anything either for or against. In the absence of a law or precedent against allowing diminished value, would the judge have complete discretition to rule either way?

As for estimating value, I presented a Kelly Blue Book report for both "Excellent" and "Good" value, the difference being $480. I thought this might be sufficient for small claims.

Thanks for your comments,
Fred

(I apologize if this is a duplicate, but I don't think my previous attempt was successful.)

 

[Lynx 36]

What is the name of your state?What is the name of your state? New Hampshire

Does anyone know whether or not New Hampshire allows for diminished value? I've searched and searched and haven't found anything either for or against. In the absence of a law or precedent against allowing diminished value, would the judge have complete discretition to rule either way?

As for estimating value, I presented a Kelly Blue Book report for both "Excellent" and "Good" value, the difference being $480. I thought this might be sufficient for small claims.

Thanks for your comments,
Fred

(I apologize if this is a duplicate, but I don't think my previous attempt was successful.)

I typed a response to this earlier. I don't know what happened to the thread. Your answer is there is no precident in NH. I'm not aware of any state that allows it. I know to attempt to do it you would need to hire an appraiser and sue in court. This will cost you $500 anyway. Plus there is no formula f/ figuring it out diminished value in the first place.

Sueing f/ the difference in good an excellent value won't get you anywhere. If the car is brand new it is considered in excellent condition. After a few thousand miles it drops from that category. Everyone thinks their car is worth more than it is.

 

[teflon_jones]

What insurance company due you have? In states without an official diminished value law or policy, it often comes down to what insurance company you use.

As for estimating value, I presented a Kelly Blue Book report for both "Excellent" and "Good" value, the difference being $480. I thought this might be sufficient for small claims.

Unless the vehicle was almost brand new, or you have extensive proof of its condition, the "Excellent" rating is normally not accepted. So you should probably use the difference between the next two categories.

 

[Phredd]

No insurance - small claims

I appreciate your responses. There is no insurance. The other driver, who has admitted liability, has no insurance. My car was only 6 months old at the time of the accident, so I think it's reasonable to claim that it was in excellent condition before the accident.

I'd like to ask for diminished value in court if I could find a precedent. If there's no precendent (and no law either), I agree that it's unlikely the judge would award damages for diminished value.

Thanks,
Fred