Decoding the Total Loss Formula: Why Flooded Cars Qualify In the aftermath of a car accident or a natural disaster, the fate of your vehicle rests on a crucial decision made by the insurance company – whether to declare it a total loss or proceed with repairs. When it comes
Electric vehicles (EVs) are undeniably making waves in the automotive industry, transforming the landscape of transportation and challenging the dominance of traditional gasoline cars. In this article, we delve into the intricacies of the EV market share in the U.S., exploring the data, dissecting the nuances, and shedding light on
2021 Lexus ES Diminished Value Case Study (PDF) Welcome to our exploration of the 2021 Lexus ES 350—a luxury sedan admired for its comfort and advanced features. In the event of an accident, we uncover a crucial aspect often overlooked: diminished value. Join us as we dive into the specifics
For years, motorcycles have symbolized the exhilaration of the open road, admired for their mechanical simplicity. But recent times have witnessed a remarkable surge in technological advancements, ushering in a futuristic era for riders. The motorcycle industry, once tethered to the fundamentals of fuel, gear-shifting, and power, has now enthusiastically
Auto Market Update Week Ending November 18, 2023 In the latest edition of our Auto Market Update for the week ending November 18, 2023, the automotive industry witnessed significant declines across various segments, setting new records for the largest single-week decreases. The pressing question now echoes throughout the industry: where
Diminished Value Claims in Florida: Securing Fair Compensation for Your Vehicle In the aftermath of a car accident, the importance of understanding Diminished Value Claims in Florida cannot be overstated. With a limited four-year window for tort claims in the state, this guide is your key to maximizing compensation. We
The global shift towards electric vehicles (EVs) has encountered a significant roadblock — the price tag. According to a survey conducted by S&P Global Mobility, nearly half of the 7,500 respondents worldwide cited high EV prices as the leading barrier to adoption. Despite a notable drop in average EV prices
Have you ever wondered if your investment in a luxury car, specifically the 2020 Acura MDX, could be impacted by an unfortunate accident? In this case study, we delve into the aftermath of an accident involving the 2020 Acura MDX and explore the concept of diminished value. Whether you’re a
California Paves the Way: Standardized Diagnostic Systems for EVs Set to Revolutionize Repairs In a significant leap toward simplifying electric vehicle (EV) diagnostics, California is taking the lead in proposing regulations that mandate the implementation of an industry-standard diagnostic system for EVs. This groundbreaking move aims to address the current
Navigating the Auto Market Landscape: Post-Strike Insights for Week Ending November 11, 2023 Emerging from the shadow of recent strikes, the automotive market is undergoing a course correction, notably within the Truck and SUV sectors. This week’s update unveils unprecedented single-week depreciation in Full-Size Vans and Full-Size Trucks, setting new
Leasing a Used Car: A Comprehensive Guide Leasing a used car can be an enticing option, offering the allure of a lower monthly payment compared to a brand-new model. This practice has become more prevalent, with dealerships increasingly providing lease options for Certified Pre-owned (CPO) vehicles. However, navigating this avenue
Analyzing the 61% Rise: EV Registrations Hit 852,904 in the U.S. The electric vehicle (EV) revolution is in full swing in the United States, with registration data revealing a substantial growth in EV market share, reaching 7.4% through the third quarter of this year, according to Experian. Despite initial concerns
In the fast-paced world of automobiles, accidents happen, and with them comes the potential for diminished value. In this case study, we delve into the specifics of diminished value concerning the 2019 Honda Ridgeline. Whether you’re a proud Ridgeline owner or just curious about the aftermath of car accidents, read
Best Auto Incentives and Rebates in November 2023 Greetings! Welcome to our weekly Auto Incentives and Rebates update, where we strive to provide you with the most current and exciting news. Our mission is to assist you in discovering exceptional deals and savings for your desired vehicle. To ensure accuracy,
From Peaks to Plateaus: Examining the Current State of Used Truck Prices In recent times, the used truck market has experienced significant fluctuations, driven by a myriad of factors, most notably the global pandemic. However, recent data from Price Digests suggests that the market may finally be stabilizing after two
Auto Market Update for the Week Ending November 4, 2023 Last week, the wholesale auto market saw higher-than-typical seasonal depreciation across various segments as the industry grappled with the impact of the recent labor strikes. The United Auto Workers (UAW) reached tentative agreements with major automakers, including Stellantis, Ford, and
UAW Strike Impact and High-Interest Rates: US Auto Sales in Decline The US automotive market has had an eventful year in 2023. Several significant factors, including the six-week UAW strike, high interest rates, elevated vehicle prices, and fluctuating inventory levels, have created a dynamic landscape for both automakers and consumers.
In the vast and diverse landscape of the United States, the choice of a vehicle can vary significantly from one state to another. Factors such as climate, terrain, size, and local culture play a crucial role in determining the most popular cars on the road. In 2023, we have compiled
2023 Volkswagen Atlas Diminished Value Case Study (PDF) When accidents happen, your 2023 Volkswagen Atlas may suffer diminished value, potentially losing a substantial amount in its market worth. In this case study, we will explore the concept of diminished value and how it affects your prized SUV. Was Your 2023
When it comes to filing a diminished value (DV) claim, many vehicle owners may question its viability if their car already has a branded title. Branded titles signify significant damage, which can substantially affect a vehicle’s value. So, can you file a DV claim if your car has a branded
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.
