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Appraiser Blog

Auto Market Update Week Ending Mar 25, 2023

Auto Market Update Week Ending Mar 25, 2023 (PDF) The market has been better than expected this time of year, with the weekly rate of return similar to what was seen in 2021. However, conversion rates have not returned to their previous levels as sellers are raising their floors and

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Auto Incentives and Rebates Week Ending Mar 31, 2023

Auto Incentives and Rebates Week Ending Mar 31, 2023 (PDF) A summary of retail incentives for the week ending March 31 is provided in the table below. We didn’t have major changes compared to the previous week, with only Stellantis making the most significant ones. Programs may vary by region

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2023 Georgia Emissions Requirements

2023 Georgia Emissions Requirements (PDF)   Important information about your vehicles’ 2023 emissions inspection: Get your test done early: In Georgia, the Clean Air Force recommends having your vehicle inspected four to six weeks before the registration renewal date, the birthday of the vehicle owner. Ongoing maintenance: Maintain your vehicle

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2022 Tesla Model 3 Loss in Value Case Study

2022 Tesla Model 3 Loss in Value Case Study (PDF) The 2022 Tesla Model 3 remains the most compact and cost-effective vehicle from the California-based all-electric producer. After enhancements to the 2021 edition, such as boosting range on a full charge, adding standard elements, and an updated interior, Tesla made

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Auto Market Update Week Ending Mar 18, 2023

Auto Market Update Week Ending Mar 18, 2023 (PDF)   Last week, the market continued to grow, with gains exceeding what is normally seen at this time of year. It was around this time of year that some segments started moving into positive territory before COVID, but the majority of

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Auto Incentives and Rebates Week Ending Mar 25, 2023

Auto Incentives and Rebates Week Ending Mar 25, 2023 (PDF)   A summary of retail incentives for the week ending March 25 is provided in the table below. We did have some major changes compared to the previous week, especially with Mazda and Volkswagen making the most significant ones. Programs

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Tesla Starts 2023 Leading the US Luxury Car Market

Tesla Starts 2023 Leading the US Luxury Car Market (PDF) In the month of January, Tesla became the luxury market leader in the United States for 2023, with 49,917 new registrations. This represents an incredible number compared to brands such as BMW (31,070 registrations) and Mercedes-Benz (23,345) and Lexus (23,082).

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2020 Ford Explorer Loss in Value Case Study

2020 Ford Explorer Loss in Value Case Study (PDF) It was the Ford Explorer that led to an increase in SUV sales in the early 1990s, and the 2020 model offers a wealth of useful features and popular content. The 2020 Ford Explorer represents a complete rethink of a three-row

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The Future of Intelligent Tires in the Auto Industry

The Future of Intelligent Tires in the Auto Industry (PDF)   In the years to come, as electric vehicles become more popular, tire sensors will likely become smarter and generate more valuable data, industry executives say. That’s an important safety factor. Electric vehicles are usually heavier and generate more torque

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Auto Market Update Week Ending Mar 11, 2023

Auto Market Update Week Ending Mar 11, 2023 (PDF)   During the last week, the market saw its largest single weekly gain in quite some time. The last time we saw a similar gain was in November 2021. Despite abundant activity at the auctions, there were no sales on vehicles,

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Auto Incentives and Rebates Week Ending Mar 18, 2023

Auto Incentives and Rebates Week Ending Mar 18, 2023 (PDF)   A summary of retail incentives for the week ending March 11 is provided in the table below. We did have some major changes compared to the previous week, especially with Stellantis and Nissan making the most significant ones. Programs

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Top Auto Brands Ranked for Responsiveness to Online Customers Inquiries

Top Auto Brands Ranked for Responsiveness to Online Customers Inquiries (PDF)   The Pied Piper PSI Internet Lead Effectiveness Study measured how quickly and effectively dealerships responded to Internet customers’ inquiries. As a result of sending specific questions to 5,428 dealership websites, Pied Piper gave each store a score out

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2019 GMC Sierra 1500 Loss in Value Case Study

2019 GMC Sierra 1500 Loss in Value Case Study (PDF)   While the GMC Sierra 1500 shares many characteristics with the Chevrolet Silverado 1500, it has its own distinctive design and exclusive features. In addition to an adaptive suspension, split-folding tailgate, and carbon-fiber cargo bed, the Sierra comes with retractable

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Can I Get a Tax Credit for Buying an EV in Georgia?

Can I Get a Tax Credit for Buying an EV in Georgia? (PDF)   In terms of incentives and credits granted to buyers and/or those installing home charging stations, Georgia isn’t particularly friendly to electric cars. Currently, Georgia does not offer tax credits, rebates, or other incentives to electric vehicle

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Auto Market Update Week Ending Mar 4, 2023

Auto Market Update Week Ending Mar 4, 2023 (PDF)   Vehicle valuations are continuing to increase, as are conversion rates at auctions. Week-over-week increases have reached levels we haven’t seen since the fourth quarter of 2021. Compared to the previous week, the overall Car segment increased by +0.46% volume-weighted. Last

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Auto Incentives and Rebates Week Ending Mar 11, 2023

Auto Incentives and Rebates Week Ending Mar 11, 2023 (PDF)   A summary of retail incentives for the week ending March 11 is provided in the table below. We did have some major changes compared to the previous week, especially with Hyundai – Kia making the most significant ones. Programs

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U.S. Car Sales Exceeded Expectations in February

U.S. Car Sales Exceeded Expectations in February (PDF) The demand from both consumers and fleet customers remained strong in February, but automakers are facing a balancing act to maintain profitability with severely underutilized factories. The new vehicle market has reacted well this month, recording sales growth compared to 2022. This

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2022 Nissan Altima Loss in Value Case Study

2022 Nissan Altima Loss in Value Case Study (PDF) As a mid-size sedan, the Nissan Altima fills a void between less desirable and more desirable alternatives, but it doesn’t have any strong selling points to make it irresistible. Instead, the Altima is distinguished by its attractive styling, comfortable cabin, and

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What Auto Brands Are Most Popular With Female Buyers

What Auto Brands Are Most Popular With Female Buyers (PDF)   When it comes to American vehicle purchases, brands like Ram, GMC, Ford, Tesla, and Dodge have the lowest female share. Market research from S&P Global Mobility estimates that only 17% of new Ram personal vehicle registrations in 2022 have

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