When your 2023 Infiniti QX60 is involved in an accident, the financial hit goes beyond repair costs. The resale value of your car takes a significant hit, leaving you at a loss even after restoring it to pre-accident condition. Understanding the diminished value of your vehicle is critical to ensuring
Auto Market Update – January 17, 2025 As we step into 2025, the automotive market is experiencing notable developments across various segments. Here’s a comprehensive overview of the latest trends and industry news. Wholesale Price Trends In the final week of 2024, wholesale vehicle prices exhibited stability across both car
South Korea’s car brands have become major players in the global automotive industry, especially in the U.S. Known for their reliability, affordability, and advanced features, Korean automakers are now some of the most popular choices for American buyers. Over the past few decades, these brands have gone from niche options
When you think of Foxconn, the first thing that likely comes to mind is their role as the world’s largest contract electronics manufacturer—the company behind the production of Apple’s iPhones. But Foxconn, officially known as Hon Hai Precision Industry Co., is expanding into the electric vehicle (EV) market. With plans
If your 2024 Kia Carnival has been in an accident, you may be facing a significant reduction in its market value—even after quality repairs. This loss, known as diminished value, reflects the drop in resale potential due to its accident history. Using advanced methodologies and real market data, we’ve calculated
Auto Market Update – January 13, 2025 As we step into 2025, the automotive market is experiencing notable developments across various segments. Here’s a comprehensive overview of the latest trends and industry news. Wholesale Price Trends In the final week of 2024, wholesale vehicle prices exhibited stability across both car
When dealing with the aftermath of an auto accident, the time it takes for your insurance company to process a total loss claim is a critical concern. While timelines vary, understanding the factors at play can help you navigate the process and avoid unnecessary delays. This guide provides clear insights
Recalls are nothing new in the automotive space, but as cars become more complex, the number of recalls will increase accordingly. The top ten worst offenders recalled more than 25 million vehicles in total, according to data from the National Highway Traffic Safety Administration (NHTSA). Tesla recalled the most vehicles,
It was just another drive when the unthinkable happened—a collision that left your 2023 Genesis GV80 with more than just visible damage. Regardless of who was at fault, the diminished value of your vehicle is an unavoidable consequence. Even after the best repairs, a car with an accident history becomes
As the automotive landscape changes, 2025 will bid farewell to several beloved car models. Their retirement signifies not just the end of production, but also trends like the rise of electric vehicles and shifting consumer preferences towards SUVs. Each discontinued car has left its mark through performance, design, and affordability.
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
