MOD-01 · TRAFFIC

Vehicle Depreciation Calculation

Calculate your vehicle's depreciation after a traffic accident and the related damage-differential compensation to expert standards. Results take make, model, age, mileage and damage history into account and are supported by AI, machine learning and current market data.

4 sub-modules Basis: Constitutional Court 2022/167 Current Market data

> SUB-MODULES

Vehicle depreciation subtopics

Calculation, formula, analysis of the Constitutional Court decision and a sample report. Each on its own page, with explanations to expert standards.

SPK-01-01

Vehicle Depreciation Calculator

Enter make, model, age, mileage and damage history to calculate your vehicle's depreciation with current market data.

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SPK-01-02

Vehicle Depreciation Formula

The current calculation method in force after the Constitutional Court decision, the annulled old formula and the key differences between them.

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SPK-01-03

Analysis of Constitutional Court Decision 2022/167

Legal analysis of the Constitutional Court's decision dated 29/12/2022 and its effect on vehicle depreciation calculations.

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SPK-01-04

Sample Vehicle Depreciation Report

A sample report prepared in expert format and a step-by-step calculation flow. Sample output with real data.

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> OVERVIEW

What is vehicle depreciation?

Vehicle depreciation is the drop in second-hand market value suffered by a vehicle damaged in a traffic accident and repaired, compared with undamaged equivalents before the accident. This drop is the direct result of the distrust a repaired vehicle creates in the eyes of buyers.

Under Article 90 of Highway Traffic Law No. 2918 and the tort provisions of Turkish Code of Obligations No. 6098, the insurer of the party at fault is liable to compensate this depreciation. The Constitutional Court's decision dated 29/12/2022, numbered 2021/82 E., 2022/167 S., opened a new era in depreciation calculation.

Legal Basis

KTK No. 2918 Art. 90, TCO No. 6098 Art. 49 et seq., Constitutional Court decision 2021/82 E. – 2022/167 S., the General Conditions of Compulsory Financial Liability Insurance for Highway Motor Vehicles, and the relevant Court of Cassation case law.

> FREQUENTLY ASKED QUESTIONS

FAQ on vehicle depreciation

What is vehicle depreciation?

Vehicle depreciation is the drop in value that a vehicle repaired after a traffic accident suffers on the second-hand market compared with undamaged equivalents. This loss is compensated by the insurer of the party at fault.

How is vehicle depreciation calculated?

Under the Constitutional Court's decision dated 29/12/2022, numbered 2021/82 E., 2022/167 S., the vehicle's current market value is used as the basis instead of the static TSB lists. The parameters used are make, model, age, mileage and damage condition.

What is the statute of limitations for depreciation?

The statute of limitations for vehicle depreciation claims is 2 years from the accident date; where the criminal statute of limitations applies, it is 10 years.

Which vehicles can be the subject of a depreciation claim?

All motor vehicles damaged in an accident and repaired (cars, motorcycles, commercial vehicles) can be the subject of a depreciation claim. However, the depreciation calculation for heavily damaged or total-loss vehicles is subject to different rules.

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