The auto market update August 2025 reveals that used car prices are falling faster than usual as the new month begins. Depreciation is outpacing seasonal expectations across both wholesale and retail sectors. Whether you’re buying, selling, or appraising, understanding where prices are heading helps you stay ahead of the market.
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
