Yes, I know what it is.
I've heard of it, but don't know what it means.
I've just lately found out what it is.
I haven't ever heard of Diminished Value.
This is a poll to see how many people actually know what Diminished Value is.
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i'm sure i've heard the term, don't know what it is, but i could make an educated guess. i'm a smart gal. i could also use google.
i'm outdoorsy in that i like getting drunk on patios.
I guess I thought it was the same as depreciation. My previous car fell in that category although at the time I was oblivious about it. The car had been in an accident but I didn't know what signs to look for until some time later when a friend of mine who worked part time at Carmax told me. Sure enough I looked and discovered exactly what he said. The dealer was not required to disclose the fact that it had been in an accident and the car even had a "certified used car" sticker on it. They got me! Since then a legislator tried passing a law that dealers were required to disclose if a car had been in an accident but I'm not sure whether it passed.
2006 Uni Black Rabbit
4 door - 5 spd - UM tune - Neuspeed P-flo - Eurojet exhaust - fogs - Euro tails - Borbet Monte Carlo (autoX) - Ronal Goals (summer) - SSM Magny Cours (winter) - hatch pop kit - iPod adapter