Every appraiser has his own method in assessing diminished value. These are a few rules all bonafide appraisers should follow: The appraisal report needs to be USPAP compliant The appraiser needs to be unbiased The appraiser should have no financial interest in the item appraised The appraiser should not accept
Sporty Cars Comparison by Customer Incentive – 2016 Owner Satisfaction Results Model & Make Definetely Buy Again Chevrolet Corvette 94% Porsche Cayman 93% Porsche 911 91% Ford Mustang 88% BMW 2 Series 87% Volkswagen GTI 85% Porsche Boxter 85% Subaru Impreza WRX/Sti 84% Mazda MX-5 Miata 83% Dodge Challendger
U.S. Automotive Production vs. Sales – 2015 to 2016. U.S. Production vs. Sales. US Sales US Production Date Value Date Value Feb-15 1,258,515 Feb-15 1,384,734 Mar-15 1,546,465 Mar-15 1,628,658 Apr-15 1,455,471 Apr-15 1,532,976 May-15 1,635,199 May-15 1,510,215 Jun-15 1,476,719 Jun-15 1,599,337 Jul-15 1,528,168 Jul-15 1,329,757 Aug-15 1,577,418 Aug-15
Small Crossovers Rapid Increase The Fastest-Growing Vehicle Segment The fastest-growing vehicle segment in the first quarter was subcompact crossovers, the category that took off in 2015. The 10 subcompacts cars now on sale are up 83 percent for the year. Top contenders are Jeep Renegade, Honda HR-V, Mazda CX-3
Nissan’s Rise in U.S. Market Nissan North America’s U.S. sales and market share have risen. 2016 Q1 400204 0.098 2015 1484918 0.085 2014 1386895 0.084 2013 1248420 0.08 2012 1141656 0.079 2011 1042534 0.082 2010 908570 0.078 2009 770103 0.074 2008 951350 0.072 2007 1068237 0.066 2006
Leading The Off-Lease Wave The Toyota Camry and Honda Civic and Accord are leading a wave of 3.1 million off-lease vehicles. An increase of 20% from 2015. Each model is expecting to have more than 20,000 units coming off lease. Top-10 off-lease models: Toyota Camry Honda Civic Honda Accord
2016 vs. 2015 Chevrolet Cruze Comparison The improvements from the 1st-gen Cruze, launched in 2010, should allow Chevy to be competitive in compact car segment. The addition of a hatchback model in the fall and a diesel option in early 2017 could show a great deal of demand. Powertrains:
Honda’s New Hydrogen Fuel Cell Vehicle, Clarity, All About Aerodynamics Honda’s Future of Electric Vehicles Honda was the first to sell hybrids in the U.S., but it never had much success with its electrified cars. This year, Honda has something different to offer to the market. The second-generation hydrogen fuel
Luxury Midsize and Large Cars Comparison by Customer Incentive – 2016 Owner Satisfaction Results Model & Make Definetely Buy Again Audi A7 84% Lexus LS 84% Hyundai Genesis 83% Audi A6 82% Lexus ES 80% Mercedes-Benz S-Class 80% Lexus GS 78% Hyundai Equus 77% Mercedes-Benz E-Class 76% Cadillac CTS
Auto Market Insight Report For Van, Truck, and Crossover – 2016 Market Insights report offers the latest evidence of noticeable weakness in truck segments for 2016. See the below chart to identify which truck segments are feeling the greatest YOY to-date turnaround, such as the Full-Size Vans, Pickups and
Scandalous Testing Methods of Mitsubishi Motors Fuel Economy Testing Methods That are not compliant with regulations for 25 years. Improper conduct in fuel consumption testing on products manufactured by Mitsubishi Motors Corporation (MMC). MMC released a statement after losing a half of its market value, a 3.9 billion dollars, “In
Lexus U.S. Sales – 2015 to 2016. Lexus U.S. Sales. Date Value Feb-15 22,995 Mar-15 31,054 Apr-15 25,876 May-15 29,671 Jun-15 26,121 Jul-15 29,816 Aug-15 33,487 Sep-15 25,294 Oct-15 26,436 Nov-15 29,340 Dec-15 41,380 Jan-16 20,933 Feb-16 23,090
Hybrid and Electronic Vehicles Market Share – 2016 Hybrid and Electronic Vehicle Expectation Electrified vehicles is a dicey proposition if consumers aren’t buying. U.S. Sales of hybrids and EVs peaked in 2013 at 3.8 percent of industry sales. Electric and Hybrid Vehicles Market Year *Alt. Vehicle Sales Industry Sales
Hybrids and Electric Car Comparison by Customer Incentive – 2016 Owner Satisfaction Results Model & Make Definetely Buy Again Tesla Model S 97% Toyota Prius 83% Chevrolet Volt 82% Toyota Prius V 77% BMW i3 76% Nissan Leaf 76% Toyota Prius C 74% Ford C-Max 74% Lexus CT 200h
U.S. Total Car Sales, 2015 to Now. U.S. Auto Sales. Date Value Dec-2014 1,507,229 Jan-2015 1,152,175 Feb-2015 1,258,515 Mar-2015 1,546,465 Apr-2015 1,455,471 May-2015 1,635,199 Jun-2015 1,476,719 Jul-2015 1,528,168 Aug-2015 1,577,418 Sep-2015 1,442,366 Oct-2015 1,455,369 Nov-2015 1,318,448 Dec-2015 1,641,968 Jan-2016 1,148,150 Feb-2016 1,343,965
Coupes and Convertible Car Comparison by Customer Incentive – 2016 Owner Satisfaction Results Model & Make Definetely Buy Again BMW 4 Series 80% Audi A5 77% BMW 6 Series 73%
Auto Dealers Supply By Brand – April 2016 Stock By Brand Supply on April 1, 2016 Smallest Subaru 20 Land Rover 39 BMW 43 Toyota/Scion 49 Infinity 50 Largest Fiat 141 Lincoln 98 Buick 94 Porsche 94 Ram 87 U.S. Auto Supply U.S. auto sales have
U.S. Car Sales, Retail vs. Fleet – Q1 2016 Retail vs. fleet sales Estimated retail and fleet volume for March 2016 vs. March 2015 March March 3 mos. 3 mos. March 2016 March 2015 3 mos. 2016 3 mos. 2015 2016 % retail 2015 % retail March 2016 %
Luxury Compact Car Comparison by Customer Incentive – 2016 Owner Satisfaction Results Model & Make Definetely Buy Again Audi A3 80% Audi A4 74% Mercedes-Benz C-Class 74% BMW 3 Series 72% Acura TLX 72% Buick Regal 72% Buick Verano 69% Lexus IS 68% Volvo S60 68% Acura ILX 61%
Ford Stepside vs. Flareside, Bodystyle Difference Styles from the Past One of the more common misconceptions among the newcomers is the usage of the term “Stepside” to denote a Ford truck with external rear wheel wells. Flareside and Stepside beds were basically the default back in the 1950’s and
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.
Seven things to look for when choosing an appraisal company
Wondering how much your vehicle lost in Value? Click the button to know more.
Diminished Value of Georgia is powered by Appraisal Engine Inc™ | All Rights Reserved.
