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Appraiser Blog

Why You NEED a Second Opinion Appraisal for Total Loss Claims

When your vehicle is declared a total loss after an accident, the insurance company’s settlement offer might not always reflect your vehicle’s true market value. This is where a second opinion appraisal becomes crucial. At Diminished Value of Georgia, we specialize in helping drivers ensure that they are receiving a

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How Inherent Diminished Value Affects Car Resale Prices

Have you ever wondered why your car’s value drops after an accident, even after it is repaired? This is where the concept of “inherent diminished value” comes into play.It’s a term that describes the permanent loss of value a vehicle suffers after an accident. No matter how good the repairs

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2022 Acura RDX Diminished Value Case Study

An accident can change everything in an instant, especially when it comes to your car’s value. Even after repairs, your 2022 Acura RDX may not be worth what it once was. This decrease in value, known as diminished value, can significantly impact what you’ll get if you decide to sell

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Allstate Diminished Value Claims: Step-by-Step Guide

After an accident, even with perfect repairs, your car’s market value decreases. This financial loss, known as diminished value, can be claimed by insurance companies like Allstate. Filing a diminished value claim ensures you’re compensated for this loss. This guide walks you through the process, focusing on how to navigate

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GEICO Diminished Value Claim: Secrets to Maximize Payout

If you want to know how to get the best results in your GEICO diminished value claim, keep reading! Here you’ll learn every tip and strategy that only the truthful specialist appraisers recommend for their best clients. Learn everything about the quick process to recover every penny that is owed

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2024 Lincoln Aviator Diminished Value Case Study

If you own a 2024 Lincoln Aviator and it has been in an accident, you may have noticed a disturbing trend – even after repairs, the value of your SUV has decreased. This decrease in value is referred to as diminished value, and it affects many car owners who have

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Used Car Market Slows Down as Trucks and SUVs Gain Value

The wholesale auto market saw some interesting twists in the week ending September 7th, 2024. The current trend is a departure from the usual seasonal patterns. While the used car market is cooling down, trucks and SUVs are displaying strong growth. It’s a delicate balance – cars are declining, but

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USAA Diminished Value Claim: Everything You Need to Know

When your car is involved in an accident, even after repairs, its market value often drops. This is what we refer to as diminished value—the difference in your vehicle’s worth before and after the collision. If you’re insured by USAA, navigating their diminished value claims process can be challenging. Here,

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Changzhou ChangLi S1-Pro: The World’s Cheapest Car of 2024

Curious about the cheapest car of 2024? It seems that even the most basic vehicles cost a small fortune these days, making it tough for budget-conscious buyers. Enter the Changzhou ChangLi S1-Pro—the world’s cheapest car of 2024. At just a fraction of the cost of traditional cars, could this micro-electric

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2023 Subaru Legacy Diminished Value Case Study

The 2023 Subaru Legacy is a popular midsize sedan that combines safety, performance, and reliability in an elegant package. It commands a high resale value due to its impressive safety features and exceptional design. After your Subaru Legacy has been in an accident, even if the damage is minor, the

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Auto Market Update Week Ending August 31, 2024

The auto market, for the week ending August 24, 2024, has shown some subtle yet crucial movements that could easily go unnoticed if you’re not keeping an eye on the fine print. While the overall market is relatively stable, specific trends in truck and SUV segments are quietly shaping up

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2024 Top 13 Most Reliable Used Cars Guide

I still remember the day I handed over the keys to my old Toyota Camry, a car that had seen me through countless commutes, road trips, and even a few impromptu adventures. It was reliable to a fault, never once leaving me stranded on the side of the road. As

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2022 Hyundai Ioniq 5 Diminished Value Case Study

Accidents are a nightmare, no doubt about it. Whether it’s a minor fender bender or a more serious collision, the aftermath is often more than just a repair bill. If you own a 2022 Hyundai Ioniq 5 and it’s been in an accident, there’s another financial hit you need to

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Discover Panoz LLC: Georgia’s Racing Legacy

When it comes to American-made sports cars, few names capture the imagination quite like Panoz LLC. This small but mighty manufacturer from Georgia has carved out a niche in the world of high-performance vehicles, blending innovation, craftsmanship, and a touch of racing heritage into every car they build. But what

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$521 Million Grants to Fuel 9,200 EV Chargers Across the US

The push for electric vehicles (EVs) is no longer a niche initiative; it’s a national priority. The Biden administration has made it clear that the future of transportation lies in electrification, and to back that vision, the U.S. government is pumping $521 million into EV infrastructure. This investment is designed

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Auto Market Update Week Ending August 24, 2024

Auto market updates are often filled with predictable patterns and familiar trends. But every so often, the numbers reveal shifts that catch even seasoned analysts by surprise. The week ending August 24, 2024, was one of those times. While many continued to grapple with the impact of high interest rates,

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Are EV Fires the Next Big Challenge for Auto Dealerships?

The automotive world is buzzing with the shift towards electric vehicles (EVs), promising a new era of cleaner, more efficient transportation. However, for dealerships, this shift isn’t just about selling the latest models. It’s about tackling new, and often unforeseen, challenges. One of the most significant issues now emerging is

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Why New Car Tech Features Are Frustrating Buyers in 2024

New car models in 2024 are loaded with the latest tech, from advanced safety systems to high-end infotainment setups. On paper, these innovations seem like a dream come true for modern drivers—promising ease, convenience, and even a touch of luxury. But, when it comes down to real-world use, many buyers

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2024 Audi Q3 Diminished Value Case Study

Let’s start with the basics—what exactly is diminished value? Simply put, diminished value is the difference between your car’s market value before and after an accident. Even if your 2024 Audi Q3 is restored to showroom condition, the fact that it was involved in an accident can make it less

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Is Mexico the New Entry Point for Chinese Cars to the US?

As Chinese electric vehicle (EV) makers face U.S. tariffs, Mexico emerges as a key player in their North American strategy. Could Mexico become the new entry point for Chinese cars into the U.S.? DOWNLOAD Chinese Cars in Mexico PDF The Rise of Chinese EVs in Mexico In recent years, Mexico

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