In recent years, with the increase of vehicle ownership and the frequent occurrence of motor vehicle traffic accidents, more and more owners demand compensation for the depreciation of their cars. Whether the loss of vehicle depreciation should be compensated is controversial in theory and practice. The core problem of vehicle depreciation loss compensation is that there is no explicit legislation on vehicle depreciation loss, the insurance mechanism does not bear the compensation for vehicle depreciation loss and the identification of vehicle depreciation loss lacks a unified appraisal standard. The author believes that the vehicle depreciation loss is compensable both in reality and theory.
