Example of a few appraisals done this week: 2005 Cadillac XLR……….. Cost of repairs = $4,900 DV = $2,850 2011 Ford Mustant GT….. Cost of repairs = $7,100 DV = $3,100 2010 Honda Accord……… Cost of repairs = $8,300 DV = $2,400 2006 Jeep Liberty……….. Cost of repairs = $9,200 DV =
Example of a few appraisals done this week: 2009 Honda CR-V……… Cost of repairs = $6,800 Diminished Value = $2,300 2010 Honda Accord……. Cost of repairs = $6,100 Diminished Value = $3,200 2011 Toyota Avalon…….. Cost of repairs = $6,300 Diminished Value = $3,750 2008 BMW X3…………… Cost of repairs =
Example of a few appraisals done this week: 2007 Lexus IS250…… Cost of repair = $3,700 Diminished Value = $2,040 2011 Kia Sorento…….. Cost of repair = $3,000 Diminished Value = $1,700 2005 Honda Accord… Cost of repair = $7,000 Diminished Value = $2,320 2006 BMW X5……….. Cost of repair =
Would you rather collect 80% of an accurate appraisal or 20% of an inflated one?
Many clients believe that if another appraiser gives them a higher initial estimate, the settlement amount will be equally high. WRONG!
Insurance companies know who the legitimate appraisers are, so don't get caught up in the estimate game. Hire an appraiser based on their credentials and reputation.
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