Example of a few appraisals done this week: 2009 BMW 135i……….. Cost of repairs = $4,200 DV = $3,000 2007 Toyota Corolla…. Cost of repairs = $5,650 DV = $1,330 2008 Lexus IS250……. Cost of repairs = $11,,500 DV = $4,000 2012 Mitsubishi Eclipse Spyder GT…. Cost of repairs =
*Dealer progams may vary by region BMW (2011) 7 Series…………………. $0-$10,000 5 Series GT……………. $3,500 ActiveHybrid 7………. $2,000 Ford (2011) Focus……………………. $2,000 Mustang……………….. $1,500-$2,000 Mercury (2011) Grand Marquis……… $5,500 Marnier, Milan……… $3,500 Mariner Hybrid, Milan Hybrid……… $1,500 Chevrolet 2012 Impala………………….. $0-$3,000 2012 Corvette, Camaro…… $1,500 2012 Colorado……………….. $0-$3,000 2011 HHR,
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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