2022 Tesla Model Y Loss in Value Case Study (PDF) The Y debuted in 2020 as a pioneer of the all-electric small SUV class. It’s similar to Tesla’s Model 3 small sedan but offers a roomier interior for both people and cargo. There is even the option of a third-row
These Are The Most Popular Vans for Camper Conversions (PDF) In a campervan, you decide where to drive, where to stop, what and when to eat, drink, and sleep. With the rise of van life, automakers are beginning to sell high-roof cargo vans in the United States, a style
Auto Market Update Week Ending Feb 18, 2023 (PDF) Last week, the market gained another 0.14 percent. The 2-to-8-year-old car segment had the largest increase of 0.19%, while the 0-to-2-year-old car segment saw the largest increase of 0.41%. That is the largest increase this segment of vehicles has seen
Auto Incentives and Rebates Week Ending Feb 25, 2023 (PDF) A summary of retail incentives for the week ending February 25 is provided in the table below. We didn’t have many changes compared to the previous week, with only Ford, Mazda, and Stellantis making the most significant changes. Programs
The Adoption of Fuel-Saving Technologies by Automakers (PDF) Various fuel-saving technologies have been developed over the past few decades, including direct injection, cylinder deactivation, and auto start-stop. The EPA’s 2022 Automotive Trends Report includes data that shows which automakers have adopted which technologies. Automaker Turbo Direct Injection Cylinder Deact.
2021 Honda Accord Loss in Value Case Study (PDF) The Honda Accord is one of the top cars for family use, thanks to its generous cargo and passenger space, high safety and reliability ratings, favorable reviews from automotive journalists, and several family-focused features. It is also highly praised for its
EVs Are on The Radar of Toyota’s New CEO (PDF) The incoming CEO of Toyota, one of the world’s largest automakers, said this week he plans to increase production of electric vehicles, starting with the Lexus luxury brand. Because of the strategy of the outgoing CEO and grandson of
Auto Market Update Week Ending Feb 11, 2023 (PDF) The overall market reversed its course and returned to the green zone last week, the first time since mid-June 2019. The 0-to-2-year-old units saw bigger gains than their 2-to-8-year-old peers. The former posted an increase of +0.12% while the latter
Auto Incentives and Rebates Week Ending Feb 18, 2023 (PDF) The purpose of consumer incentives and rebates is to boost sales of a particular vehicle through dealerships at a specific time of year to benefit all parties. The following list provides guidance to consumers who want to take advantage
Why is EV Charging Network Making Buyers Reconsider? (PDF) With its steep learning curve and complicated technology, the US public charging network poses a challenge to the auto industry, which is working hard to sell electric vehicles. Even though some early electric vehicle users have figured out how to get
Introduction to Personal Auto Insurance – Ebook (PDF) Personal automobile insurance is essential for any auto owner. Personal automobile insurance protects an auto owner from the various injuries or damages that may occur as a result of an automobile accident. Most states require drivers to purchase this form of
2019 Honda CR-V Loss in Value Case Study (PDF) Almost every car buyer’s list in this increasingly popular segment includes the 2019 CR-V. With a large cargo area, ample rear seat room, easy access to LATCH anchors, and clever storage solutions, it makes family life easier. It’s also safe. The
Inflation Concerns Add Challenges to the Used Car Market (PDF) Even as the Federal Reserve raises interest rates, a surprise spike in used-vehicle prices last month is fueling frustration among US car buyers. As a result of the 2.5% rise in used vehicle prices from December, Manheim said some
Auto Market Update Week Ending Feb 4, 2023(PDF) Last week, the market reported the lowest overall depreciation since the end of June 2022, continuing the reduction in weekly depreciation that began a couple of weeks ago. For the first time since early June last year, the Compact Crossover segment
Auto Incentives and Rebates Week Ending Feb 11, 2023 (PDF) The purpose of consumer incentives and rebates is to boost sales of a particular vehicle through dealerships at a specific time of year to benefit all parties. The following list provides guidance to consumers who want to take advantage
Auto Industry Reacts to Tesla Price Cuts (PDF) Most automakers are holding their prices firm and introducing more affordable models later, while a few, such as Ford, have responded to Tesla’s price cuts of up to 20 percent. It’s still too early to call it an electric vehicle price war,
2021 Ram 1500 Loss in Value Case Study (PDF) The 2021 Ram 1500 stands out amongst its peers not just because of its “best-in-class” accolades, but due to its dedication to the concept of elevated expectations for the entire pickup truck breed. No longer are pickups judged based solely
Auto Suppliers May Face Another Tough Year (PDF) We might be in for a fourth year of challenges and setbacks for suppliers. As parts suppliers navigate the uncertainty in the new-vehicle market and the economy, it’s already shaping up to be another bumpy year as inflation and rising interest
Auto Market Update Week Ending Jan 28, 2023 (PDF) For the second consecutive week, the Sporty Car segment has reported an increase, indicating an early sign of a potential Spring market bump. Additionally, the older, 8-to-16-year-old vehicles report lower depreciation, -0.27%, compared to -0.50% for the 2-to-16-year-olds. Compared with
Auto Incentives and Rebates Week Ending Feb 4, 2023 (PDF) The purpose of consumer incentives and rebates is to boost sales of a particular vehicle through dealerships at a specific time of year to benefit all parties. The following list provides guidance to consumers who want to take advantage
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.
