When it comes to buying a vehicle, reliability isn’t just a nice-to-have—it’s essential. No one wants to deal with frequent repairs, unexpected costs, or frustrating tech failures. That’s why dependability rankings have become one of the most trusted indicators for car buyers, whether you’re shopping new or used. In this
Why Your Repaired Car Is Worth Less—and How to Recover Its Lost Value After an accident, your car’s value drops—even if repairs look perfect. At Diminished Value of Georgia, we offer two services to reclaim that loss: Here’s how to choose. Diminished Value Quote What You Get Best For Example:After
If your 2024 Nissan Versa has recently been involved in an accident, you’re probably concerned about how this affects its resale value. Even after repairs, your car’s market value typically drops due to its accident history—a situation known as diminished value. In this article, you’ll discover exactly what diminished value
Car prices have been a hot topic in recent years, and 2025 is no different. While some expected costs to drop significantly, the reality is more complicated. New and used car prices remain high, making affordability a challenge for many buyers. dd In this article, we’ll break down the current
The Delinquency Disaster: By the Numbers A perfect storm of inflation, predatory lending, and skyrocketing costs has pushed auto loan delinquencies to historic levels: Why Americans Are Drowning in Car Debt Soaring Costs Dealer Traps Interest Rate Burden State-by-State Breakdown: Where Delinquencies Are Worst State 90+ Day Delinquency Rate Key
Even after top-tier repairs, your 2025 BMW X6 loses value simply because it has an accident history. This loss, known as diminished value, can cost you thousands when selling or trading in your car. But here’s the good news—you may be entitled to compensation. Insurance companies, however, often undervalue claims
Wholesale Price Trends Market depreciation slows further, but EV volatility persists: Category This Week Last Week 2020–2023 Average Car Segments -0.18% -0.25% -0.30% Truck & SUV Segments -0.12% -0.16% -0.33% Whole Market -0.15% -0.19% -0.31% Key Drivers: Inventory & Retail Trends New Vehicles: Used Vehicles: 3 Trending News of the
If you need a car appraisal, you’re probably wondering: How long does it take? The short answer—it depends. The type of appraisal, the vehicle itself, and who’s conducting the evaluation all play a role in the timeline. In this guide, we’ll break down how long different types of appraisals take,
Global Auto Market Share Leaders in 2024 The 2024 automotive landscape saw fierce competition as brands raced to adapt to EV mandates, supply chain shifts, and changing consumer preferences. Here are the top 10 brands by global market share: Rank Brand Market Share Key Driver 1 Toyota 10.8% Hybrid dominance,
Imagine this: You’ve just repaired your 2022 Chevrolet Spark after an accident, and it looks as good as new. But when you try to sell or trade it in, dealers offer thousands less—simply because of its accident history. This loss, known as diminished value, is a hidden financial blow many car
Introduction In the automotive appraisal and resale industry, Condition Reports (CR) play a crucial role in determining a vehicle’s market value. While CR is widely used in auction settings, its impact on Diminished Value (DV) calculations is often overlooked. Understanding how CR ratings correlate with market pricing is essential for
Legal Terminology Training Manual This training manual provides definitions and explanations of common legal terms used in litigation, personal injury cases, and dispute resolution. Understanding these terms is essential for legal professionals, clients, and anyone involved in legal proceedings. Key Legal Terms and Definitions Alternative Dispute Resolution (ADR) Assumption of
What Is USPAP and Why Does It Matter? The Uniform Standards of Professional Appraisal Practice (USPAP) is the federally recognized benchmark for property valuations in the U.S. Governed by the Appraisal Foundation, USPAP ensures appraisals are: Non-compliant appraisals—often using shortcuts like generic formulas or unverified data—risk claim denials, lawsuits, and
If your 2023 Chrysler 300 has been in an accident, you may be facing more than just repair costs—you could be dealing with diminished value. Even after top-quality repairs, your car is no longer worth what it was before the accident. But how much value did it actually lose? More
Wholesale Price Trends Market depreciation slowed, aligning with seasonal norms, but challenges linger for older models: Category This Week Last Week 2017–2019 Average Car Segments -0.25% -0.43% -0.29% Truck & SUV Segments -0.16% -0.29% -0.34% Whole Market -0.19% -0.33% -0.32% Car Trends Newer models stabilize, but older vehicles face steep
If you’re considering taking legal action, small claims court is often the easiest and most affordable way to resolve a dispute. Each state has a maximum lawsuit limit, which determines how much money you can sue for in small claims court. Some states allow claims as high as $25,000, while
The Untold Story of Mabry v. State Farm — And Why It Still Haunts Insurers in 2025 Prologue – The Crash That Changed Everything Atlanta, 1998 John Mabry, a 34-year-old accountant and father of two, never imagined a fender-bender would thrust him into a legal war against a corporate titan.
Even after repairs, an accident can significantly impact your vehicle’s market value. If your 2024 Nissan Titan was involved in a collision, it has likely suffered diminished value—the difference between what it was worth before the accident and what it’s worth now. In this article, you’ll learn how diminished value
Wholesale Price Trends This Week Last Week of January 2017–2019 Average in Same Week Car Segments -0.44% -0.36% -0.35% Truck & SUVs Segments -0.39% -0.32% -0.36% Whole Market -0.41% -0.34% -0.36% Inventory & Retail Trends New Vehicles: Used Vehicles: 3 Trending News of the Week Legislative & Insurance Updates Georgia-Specific
When your car has been involved in an accident and sent to the shop for repairs, you expect it to be restored to its original condition. However, even after repairs, one crucial aspect often goes unnoticed: repair-related diminished value (DV). This is the loss in your vehicle’s market value due
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
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