PRESS RELEASE PRWEB 6/30/2013 Diminished Value of Georgia was featured on WSB-TV Atlanta’s consumer investigation unit as part of their review of insurance company claim practices in Georgia. In the report, they showed Vivian Joyce who suffered a rear end collision and received a $1.74 check for her loss. After
Not sure who started copying who first! Comparison to follow…
2013 Vehicle Valuation Manual –Title Ad Valorem Tax Fair Market Value is the value listed in the Department of Revenue assessment manual minus trade-in for dealer sales. If not listed in the assessment manual, use the greater of the value from the bill of sale or the “clean retail”
2010 Ford Fusion Hybrid – Diminished Value Wholesale X-CL Clean Average Rough Base $17,450 $16,550 $15,000 $12,850 Options $0 $0 $0 $0 Mileage ($2,550) ($2,000) ($1,450) ($800) Region $0 $0 $0 $0 Total $14,900 $14,550 $13,550 $12,050 Trade In X-CL Clean Average Rough Base N/A $16,775 $15,385 $12,140 Options N/A
2006 Dodge Ram 2500 SLT Quad Cab 4WD – Turbo Diesel – Diminished Value holesale X-CL Clean Average Rough Base N/A $17,025 $13,775 $11,075 Options N/A $5,900 $5,900 $5,537 Mileage N/A $700 $900 $0 Region N/A $0 $0 $0 Total N/A $23,625 $20,575 $16,612 Trade In X-CL Clean Average Rough
2009 Mercedes-Benz SLK Class SLK55 2D Roadster – Diminished Value Wholesale X-CL Clean Average Rough Base $37,000 $35,600 $31,900 $27,600 Options $0 $0 $0 $0 Mileage $275 $375 $550 $0 Region $0 $0 $0 $0 Total $37,275 $35,975 $32,450 $27,600 Trade In X-CL Clean Average Rough Base N/A $35,880 $32,640
2011 Mercedes-Benz E Class E350 4D Luxury Sedan – Diminished Value MSRP: $49,400 VIN: WDDHF5GB5B MPG: 17/24 Wholesale X-CL Clean Average Rough Base $35,800 $34,400 $31,600 $27,800 Options $0 $0 $0 $0 Mileage $550 $675 $850 $0 Region $0 $0 $0 $0 Total $36,350 $35,075 $32,450 $27,800 Trade In X-CL Clean Average Rough
Actual Cash Value v. Replacement Cost There are several different methods by which your insurance company may calculate the amount it will pay you for a loss. Payment based on the replacement cost of damaged or stolen property is usually the most favorable figure from your point of view, because
I will let you off with a warning, but if I see you doing 7 in a 5 zone again, I will be forced to write you a ticket. There’s your license & registration back, ma’am. Now could I trouble you for a push? Zero Emission Police Car Quadcycle 5-0
2005 Mercedes-Benz SL Class SL500 2D Roadster – Diminished Value VIN: WDBSK75F05F104810 UVC: 2005560074 VIN + UVC: WDBSK75F5074 MSRP: $91,300 Finance Advance: $26,075 Model Number: SL500 Price Includes: AT NAV AC LTH Adj. State: National Mileage: 22,000 Mileage Cat: E Residual Months Value 12 $0 24 $0 30 $0 36
Texting While Driving Stats: 1. 1,600,000 accidents per year – National Safety Council 2. 330,000 injuries per year – Harvard Center for Risk Analysis Study 3. 11 teen deaths EVERY DAY – Ins. Institute for Hwy Safety Fatality Facts 4. Nearly 25% of ALL car accidents Texting While Driving Dangers
2012 Chevrolet Equinox LT 4D Utility FWD VIN: 2GNFLDE54C UVC: 2012160913 VIN + UVC: 2GNFLDE5C913 MSRP: $25,050 Finance Advance: $21,100 Model Number: 1LH26 Price Includes: AT AC 4CY Adj. State: Georgia Mileage: 25,956 Mileage Cat: D Residual Months Value 12 $17,050 24 $14,375 30 $13,025 36 $11,700 42 $10,500 48
2013 Ford Explorer Limited 4D Utility – Diminished Value VIN: 1FM5K7F91D UVC: 2013300093 VIN + UVC: 1FM5K7F9D093 MSRP: $38,100 Finance Advance: $33,250 Model Number: K7F Price Includes: AT AC 6CY Adj. State: Georgia Mileage: 7,754 Mileage Cat: D Residual Months Value 12 $27,725 24 $24,525 30 $22,650 36 $20,825 42
2008 Honda Odyssey EX-L Wagon w/RES & Nav – Diminished Value VIN: 2HKRL3878 UVC: 2008360120 VIN + UVC: 2HKRL3878120 MSRP: $35,810 Finance Advance: $20,700 Model Number: RL3878KW Price Includes: AT AC Adj. State: Georgia Mileage: 41,000 Mileage Cat: B Residual Months Value 12 $13,200 24 $11,025 30 $10,000 36 $9,000
2012 Jeep Grand Cherokee Overland 4D Utility – Diminished Value VIN: 1C4RJECT3C UVC: 2012480118 VIN + UVC: 1C4RJECTC118 MSRP: $39,495 Finance Advance: $36,500 Model Number: WKTS74 Price Includes: AT AC Adj. State: National Mileage: 0 Mileage Cat: D Residual Months Value 12 $27,800 24 $23,625 30 $21,650 36 $19,675
2011 Toyota Tacoma Prerunner SR5 Double Cab V6 – Diminished Value VIN: 3TMKU4HN8B UVC: 2011900259 VIN + UVC: 3TMKU4HNB259 MSRP: $23,950 Finance Advance: $23,525 Model Number: 7190 Price Includes: AT AC Adj. State: National Mileage: 57,000 Mileage Cat: A Residual Months Value 12 $20,000 24 $17,525 30 $16,375 36 $15,250
2011 Mercedes-Benz GLK Class GLK350 4D Utility VIN: WDCGG5GB8B UVC: 2011560192 VIN + UVC: WDCGG5GBB192 MSRP: $35,500 Finance Advance: $29,325 Model Number: GLK350W2 Price Includes: AT AC LTH SR Adj. State: Georgia Mileage: 23,880 Mileage Cat: E Residual Months Value 12 $23,000 24 $20,000 30 $18,575 36 $17,175 42 $15,900
2012 Volkswagen Jetta TDI 4D Sedan – Diminished Value VIN: 3VWLL7AJ6C UVC: 2012940220 VIN + UVC: 3VWLL7AJC220 MSRP: $23,625 Finance Advance: $18,800 Model Number: 16259M Price Includes: AT AC Adj. State: Georgia Mileage: 38,168 Mileage Cat: B Residual Months Value 12 $16,250 24 $13,900 30 $12,875 36 $11,850 42 $10,925
Would you rather collect 80% of an accurate appraisal or 20% of an inflated one?
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