What is Vehicle Depreciation and How Can It Be Claimed? – Updated Guide

Even if your vehicle is repaired after a traffic accident, it is no longer considered “accident-free” in the eyes of potential buyers. This situation causes a decrease in the resale value of the vehicle. This difference is referred to as vehicle depreciation. In short, the owner of a vehicle involved in an accident has the right to claim compensation for this loss of value from the insurance company or the at-fault party. But how is vehicle depreciation claimed, from whom, and can it be applied for via e-Government? Let’s take a step-by-step look.

How is Vehicle Depreciation Calculated?

Vehicle depreciation calculations are based on various technical criteria. Factors such as the car’s make, model, production year, mileage, the number of damaged parts, and whether those parts were replaced are taken into account.

Insurance companies perform these calculations using data from the Insurance Information and Monitoring Center (SBM). However, results may vary for each case. Therefore, obtaining an expert report or consulting a vehicle depreciation attorney is the most reliable way to determine the actual amount.

From Whom Can Vehicle Depreciation Be Claimed?

The at-fault driver’s compulsory traffic insurance and the responsible party are liable for the vehicle depreciation. However, claims are usually made directly to the other party’s insurance company. Applications submitted before the fault ratio is fully determined often result in underpayment, making it important for the process to be managed by a professional.

Can Vehicle Depreciation Be Claimed via e-Government?

Currently, there is no system to directly apply for vehicle depreciation through e-Government. However, you can submit a written application to the insurance company by preparing documents such as the accident report, vehicle registration, expert report, and photos.

The insurance company is obliged to respond within 15 days from the application date. If underpayment occurs or the claim is rejected, the Insurance Arbitration Commission or mediation procedures can be used as the next step.

Can Heavily Damaged or Totaled Vehicles Claim Depreciation?

If a vehicle is declared totaled, meaning repair is not economically feasible, depreciation compensation cannot be claimed. However, if a vehicle has severe damage but has been repaired and returned to traffic, the right to claim depreciation may arise. The key factor is that the vehicle still holds economic value after repairs.

Depreciation Calculation for Second-Hand Vehicles

Depreciation calculation for second-hand vehicles follows rules similar to those for new vehicles. However, as the vehicle’s age and mileage increase, the depreciation rate decreases, since insurance calculations take “market depreciation” into account.

Can Depreciation Be Claimed After Selling the Vehicle?

Many drivers believe that selling the vehicle cancels this right. However, if the vehicle was registered in your name at the time of the accident, selling it afterward does not nullify the right. The evaluation is based on the date of the accident; therefore, vehicle depreciation can still be claimed even after the sale.

How to Apply for Vehicle Depreciation?

The following documents are generally required for the application:

• Traffic accident report

• Vehicle registration copy

• Repair invoices or expert report

• Photos of the vehicle

These documents are submitted to the at-fault party’s insurance company. If a negative response is received, mediation or insurance arbitration procedures can be initiated.

Why is a Vehicle Depreciation Lawyer Important?

Insurance companies often make offers below the actual loss. In this case, a vehicle depreciation lawyer examines the case technically and, if necessary, manages the judicial process. Legal fees are usually agreed as a percentage (around 15–20%) of the compensation obtained.

Does Tatli & Yıldırım Law and Consultancy Office Provide Legal Services for Vehicle Depreciation?

Vehicle depreciation is one of the most frequently overlooked rights arising from traffic accidents. Acting within the application period, preparing documents completely, and seeking professional support if needed can help you receive the compensation you are entitled to.

Tatli & Yıldırım Law and Consultancy Office provides comprehensive legal services for vehicle depreciation claims and lawsuits in Istanbul, Bursa, Kocaeli, and surrounding provinces. From applications to insurance companies to arbitration and litigation processes, our office supports clients professionally at every stage.

Remember: even if your vehicle is repaired, its value does not fully return—but compensation for the loss is possible.