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Appraiser Blog

Auto Market Update Week Ending June 22, 2024

The auto market’s recent performance has been quite the rollercoaster, hasn’t it? Let’s dive into some intriguing data and insights that you won’t find on most other sites. We’re talking about the nitty-gritty details that really make a difference. Auto Market Update Week Ending June 22, 2024 (PDF) Wholesale Prices,

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How U.S. Factory Incentives Are Driving the EV Market Surge

Electric vehicles (EVs) are having a moment in the U.S., and factory incentives are playing a huge role. Despite Tesla’s notable decline in market share, other automakers are stepping up, thanks to some hefty incentives that are making EVs more affordable than ever. Let’s dive into the details and see

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10 Common Signs Your Car Is Totaled After an Accident

Accidents are stressful and often leave you wondering about the state of your vehicle. Determining whether your car is totaled can be a daunting task. As a professional car appraisal company, we have encountered many cases where vehicles are beyond repair. In this guide, we will explore the signs that

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2023 Hyundai Venue Diminished Value Case Study

Has your 2023 Hyundai Venue recently been in an accident? You might be curious about how this impacts your vehicle’s value. This article uncovers the concept of diminished value, a critical yet often overlooked factor. We’ll delve into why understanding your car’s diminished value is important, the various factors that

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Why Non-Tesla EV Sales Are Booming: Key Insights

The EV market is heating up, but it’s not Tesla that’s driving the excitement. Surprisingly, while Tesla’s sales are stumbling, other carmakers are seeing their electric vehicle sales soar. Let’s break down why non-Tesla EVs are booming and what this means for the industry’s future. Why Non-Tesla EV Sales Are

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Auto Market Update Week Ending June 15, 2024

Hey there, car enthusiasts and market watchers! Buckle up, because we’ve got the latest scoop on the auto market for the week ending June 15, 2024. This week, while the market continued its downward trend, the rate of depreciation has thankfully slowed down a bit. So, let’s dive into the

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The Importance of Convenience in Gen Z F&I Purchases

When it comes to finance and insurance (F&I) products, convenience is not just a perk for Gen Z buyers—it’s a necessity. A recent survey by Protective Asset Protection underscores this trend, showing that the ease of researching and purchasing F&I products significantly impacts their buying decisions. Let’s explore why convenience

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Car Depreciation After an Accident: What You Need to Know

Accidents can leave more than just physical damage to your vehicle; they can also significantly impact its market value. Understanding how car depreciation works post-accident and what steps you can take to claim compensation is crucial. In this comprehensive guide, we’ll delve into the essentials of car depreciation after an

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2023 Cadillac XT5 Diminished Value Case Study

Ever had the unfortunate experience of a car accident? If you own a 2023 Cadillac XT5, understanding its diminished value is crucial. This case study dives deep into what most sources don’t cover, helping you uncover hidden insights. 2023 Cadillac XT5 Diminished Value Case Study (PDF) Was Your 2023 Cadillac

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2024 Predictions for the Global EV Market

The electric vehicle (EV) market is set for an exciting year in 2024. Think about how quickly things can change when new technologies, smart policies, and strong partnerships all come together. This year, expect big changes that will reshape how we view electric cars, with fresh data and insights leading

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Auto Market Update Week Ending June 08, 2024

The auto market saw some significant movements last week, with an accelerated depreciation rate across all segments, marking the most substantial decline since mid-December 2023. Notably, the midsize car and midsize crossover/SUV segments experienced the largest declines. Let’s dive into the specifics. Auto Market Update Week Ending June 08, 2024

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What if the Car Is Not Properly Fixed After Insurance Claim?

Dealing with car repairs after an accident is stressful enough, but when your vehicle isn’t properly fixed after an insurance claim, it can be even more frustrating. Unfortunately, this scenario is more common than you might think. Many people find themselves in a situation where their car hasn’t been repaired

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Trucking Industry Analysis: What to Expect in the Future

The trucking industry is a backbone of commerce, essential for transporting goods across vast distances. Moving into 2024, the sector is experiencing dynamic shifts driven by technological innovation, evolving regulations, and changing market demands. This piece explores the upcoming trends, growth opportunities, and challenges that the trucking industry will face.

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2022 Jeep Renegade Diminished Value Case Study

Owning a 2022 Jeep Renegade is a thrilling experience—until an accident throws a wrench into your adventure. But what happens to the value of your beloved vehicle after it’s been in a fender bender? In this case study, we’ll dive into the diminished value of a 2022 Jeep Renegade post-accident,

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How Automakers Are Responding to State EV Policy Debates

Automakers are no longer just sitting on the sidelines as states debate policies on electric vehicles (EVs). They’re diving into legislative discussions, influencing everything from infrastructure funding to housing requirements. This article explores how automakers are responding to these complex policy debates and what it means for the future of

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Auto Market Update Week Ending June 01, 2024

Hey there, auto enthusiasts and market watchers! We’ve got some juicy updates from the auto market for the week ending June 1, 2024. Buckle up, because there are some surprising trends and insights you won’t want to miss. Auto Market Update Week Ending June 01, 2024 (PDF) Weekly Depreciation Rates:

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How California’s New Mileage-Based Tax Could Affect Drivers

California is leading the charge (pun intended) with its ambitious plan to replace the gasoline tax with a mileage-based tax. As the state sees an increasing number of electric vehicles (EVs) and hybrids on the roads, traditional revenue streams are drying up. The new pilot program, set to begin in

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The Role of Automobile Sales in the U.S. Economy

Automobile sales are a cornerstone of the U.S. economy, exerting substantial influence across various sectors, boosting consumer expenditure, and generating considerable tax revenue. This article explores the diverse impacts of the auto industry, detailing its contributions to GDP, employment, manufacturing, and consumer spending behavior. The Role of Automobile Sales in

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2023 Mazda 3 Diminished Value Case Study: Comprehensive Analysis

2023 Mazda 3 Diminished Value Case Study: Comprehensive Analysis (PDF) Was Your 2023 Mazda 3 in an Accident? Using a detailed analysis, we can determine the diminished value of your 2023 Mazda 3. Here’s a breakdown of the essential figures: Diminished Value Calculator  Before Accident Cash Value $25,925  After Accident

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US Auto Dealership Group Rankings 2022 vs 2023

The landscape of the US auto dealership industry has seen some interesting shifts over the past year. From strategic expansions to evolving customer preferences, the top players have navigated these changes with varying degrees of success. In this article, we’ll take a close look at the rankings of the leading

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