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CHAPTER 9 Credit hire agreements

Law of Compulsory Motor Vehicle, The

Page 178


Credit hire agreements

General principles of claiming damages when a vehicle is damaged

Cost of repair

9.1 When a property is damaged by the negligence of another, the diminution in value that the property has suffered represents the direct loss that is measured as a result of such wrongdoing.1 This is also expressed as “a capital account loss.”2 This loss is suffered as soon as the motor vehicle is damaged.3 The claimant is not obliged to, but he is entitled to, where the property can be economically repaired, have it repaired at the cost of the wrongdoer.

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