October 11, 2024
General Law
· Consumer Law
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A vehicle value loss lawsuit is a type of lawsuit filed to compensate for the difference between the market value of a vehicle damaged after a traffic accident and the market value after the accident. A vehicle being involved in an accident can cause a decrease in its second-hand market value, even if it is repaired. This loss of value must be compensated by the at-fault party’s insurance company or directly by the at-fault party.
Vehicle value loss is usually calculated based on factors such as the vehicle’s age, mileage, damage history, and the vehicle’s condition at the time of the accident. This lawsuit is filed to compensate accident victims for their material losses other than the repair costs of their vehicles.
A person who wants to file a vehicle loss of value claim should follow these steps:
Vehicle value loss cases are generally filed in the Civil Court of First Instance or the Commercial Court of First Instance located in the place where the accident occurred or where the injured party resides. If the case is filed against the insurance company or if there is a commercial relationship between the parties, the Commercial Court of First Instance has jurisdiction.
Attorney fees for vehicle depreciation cases are determined in accordance with the minimum fee schedule set by the Union of Turkish Bar Associations. Fees may vary depending on the size of the case, the experience of the attorney, and the difficulty of the case. Attorney fees are generally as follows:
These fees are on average the same level in places like Çorlu, but the experience of the lawyer and the fees of the office may vary.
The duration of vehicle value loss cases may vary depending on the workload of the courts, the time it takes to collect evidence, and the objections of the other party. In general, a case can last from 6 months to 1.5 years. However, in some cases, the process can be completed faster if the parties agree to a settlement.
The statute of limitations for a vehicle loss of value lawsuit is determined as 2 years according to the Turkish Code of Obligations. This period starts from the date of the accident. However, if the person at fault for causing the accident is determined later, the general statute of limitations period of 10 years is applied to this period.
For those who want to get legal help in vehicle value loss cases in Çorlu and Tekirdağ, it is very important to work with an expert lawyer. Penbegül Law Firm is an office that specializes in vehicle value loss, insurance law and traffic accident compensation cases in legal processes in Çorlu.
In order to eliminate the grievances that occur after traffic accidents, it is necessary to take timely and correct steps. In this process, before filing a vehicle value loss case, meeting with your lawyer and getting detailed information will speed up the course of the case and enable you to defend your right to compensation in the best way.
We are here for you for expert legal and mediation services in Çorlu. Contact us to answer your questions, guide you through your legal processes and offer the best solution.
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