Calculation examples

Below are some examples of compensation calculations
May 31, 2023

Example 1

You bought a Renault diesel car for EUR30,000. The overcharge is set at 20%. So you would have paid EUR 24,000 if you had been informed of the car's correct features. You are still the owner. Your compensation is EUR 6,000.

Example 2

You bought a Renault diesel car for EUR 30,000. You resell the car for EUR 16,000 to someone else ( depreciation due to the passage of time). 

The overcharge is set at 20%. So you would have paid EUR 24,000.00 if you had been informed of the correct features of the car. The loss is therefore EUR 6,000.00 

The damage has to be divided between you and the current owner. The current owner's share of the damage is 20% of his purchase price (20% of EUR 16,000 = EUR 3,200.) The first owner is entitled to 20% of the difference between his purchase price and what he received for the car (20% of EUR 14,000 = EUR 2,800).

Example 3

You bought a Renault diesel car for EUR 30,000. You resell the car for EUR 27,000 to the current owner 

The overcharge is set at 20%. You would thus have paid EUR 24,000 for the car if you had been informed of its correct characteristics. The damage is therefore EUR 6,000.00 

The damage has to be divided between you and the current owner The current owner's share of the damage is 20% of his purchase price (20% of EUR 27,000,- = EUR 5,400,-). The first owner is entitled to 20% of the difference between his purchase price and what he received for the car (20% of EUR 3,000.00 = EUR 600.00) . 

The examples given here are based on how we believe damages should be distributed. Under certain circumstances, this can result in compensation of up to EUR 10,000 or even more in some cases. However, compensation may also be lower. Of course, this is ultimately up to the court to determine. So you cannot derive any rights from these examples. 

This initiative is powered by
menucross-circle linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram