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Auto Market Update Week Ending Feb 24, 2024

Imagine, if you will, a vast ocean, its surface mirroring the ever-changing skies above. This ocean is not filled with water, but with cars and trucks, each wave representing the fluctuations of the automotive market. Just like sailors navigating through calm and stormy weather, dealers and investors keep a keen

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5 Common Mistakes When Filing Diminished Value Claims

Filing for diminished value after an accident can be tricky. Many people miss out on the money they deserve because they make simple mistakes. “Diminished value” (DV) means your car is worth less even after it’s fixed. But getting that money isn’t always easy. You might not know you can

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The Future of EVs: Understanding EPA’s Proposed Changes

Imagine a big meeting where car makers, environmental groups, and government folks are all sitting around a table. They’re there to talk about how to make cars that pollute less. The government, especially the EPA, wants cars to be cleaner than ever before. But the car companies are saying, “Hold

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2021 Volvo XC90 Diminished Value Case Study

Imagine this: You’re cruising down the road in your 2021 Volvo XC90, the embodiment of luxury and safety when suddenly, the unexpected happens—a collision. While the physical damages may be repairable, there’s an often overlooked aftermath that could affect your wallet long after the repairs are done: diminished value. This

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State Farm Diminished Value Claims: What You Need to Know

When dealing with a State Farm diminished value claim after an accident, there’s a lot to consider. Repairs, rental cars, and navigating conversations with insurance adjusters can overwhelmingly dominate your time and energy. Yet, amidst this chaos, one crucial aspect often gets overlooked: the diminished value claim. This oversight is

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Auto Market Update Week Ending Feb 17, 2024

Auto Market Update: A Closer Look at the Week Ending February 17, 2024 In the heart of February 2024, amidst the hustle and bustle of daily life, an undercurrent of change subtly moves through the auto market. It’s a realm where numbers tell tales of resilience, trends whisper of the

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The Free Estimate Game:

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