Vehicle Value Depreciation Rate – November 8, 2016 Overall car values decreased by 0.53% last week. This is lower than the average depreciation rate of 0.75% seen in the previous four weeks. Prestige Luxury Car declined the most, dropping by 1.03%. Sub-Compact Car declined by 0.76%. Full-Size Car
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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