quanTL

diminished value paid in Ontario?

--------------------------------------------------------------------------------

hello,

does anyone here know if diminished value is paid out in ontraio canada?

my brother got into an accident in this nissan.
it wasn't his fault, 100% the other guys fault.

the suv is a murano, bought it for 50k OTD.

the repair was 21000.00, so insurance won't write it off/ total the car.

he went to a honda dealership and was thinking about getting the accord, and was quoted 22000.00 for the nissan.

its an 04 with 22000km on it. virtually brand new.

i was so pissed.

now, he is stuck with this, althought it was repaired, but i feel bad becuse its worth less than half of what we paid for.

insurance is with cooperators.

any advice would help.