Elardo, Bragg, Appel & Rossi

Diminished Value

Oliver v. Henry, 260 P.3d 314 (App. Div. 1 2011)

On a claim for diminished value following a motor vehicle accident, the Court of Appeals held that Arizona law does not require the sale or transfer of a damaged vehicle to establish a claim for diminution in value or to prove the amount of the loss in value, as long as the depreciation is adequately proven, such as by expert testimony.