Diminished Value Car Appraiser

German Autos Depreciating at Higher Pace 2015-2019

Sliding German Car Residual Values 2015 – 2019 As Tesla enters the Sub $40,000 price market, the German Automakers are feeling the pressure with lower overall residuals on 3 year old vehicles. You can now buy a used 3 year old BMW, Mercedes or Audi for a little more than half the price of a …

German Autos Depreciating at Higher Pace 2015-2019 Read More »

2020 BMW 3-SERIES Depreciation Curve

2020 BMW 3-Series Depreciation Curve, Prices & Specs Vehicle 2020 BMW 3-Series 4D Sedan Marketing Message: Always forward. Major Changes: * All New Model for 2020   2020 BMW 3-Series Build Sheet with Options (PDF)   MSRP and Invoice Prices 2020 BMW 3-Series M340i 4D Sedan Retail Invoice Markup Base $54,000 $50,720 6.47 % Destination …

2020 BMW 3-SERIES Depreciation Curve Read More »

Sample Diminished Value Demand Letter

Sample Diminished Value Demand Letter (pdf) September 10, 2019 Vehicle Owner Address Line 1 Address Line 2 Insurance Company  Adjuster’s Name Address Line 1 Address Line 2 Claim #: (example 123456-2) Date of loss:  (example 11/14/2018) At-Fault Driver’s Name   Dear ________, With regards to the insurance claim referenced above, please accept this letter and …

Sample Diminished Value Demand Letter Read More »

Franchised new-vehicle dealerships service, parts and body shop sales

New Car Dealer – Non-Vehicle Sales Income Pipeline: Service, Parts and Body Shop Operations (Fixed Ops) Franchise Dealer Fixed Ops Statistics: Gross Sales in 2018: $116 Billion  Repairs Orders Written: 310 Million Technicians Employed: 265,000 Parts Dept Inventory: $6.67 Billion Franchise Dealer Fixed Ops Sales, 2016, 2017 and 2018 Comparison: Franchise Car Dealer Per-Store Average  …

Franchised new-vehicle dealerships service, parts and body shop sales Read More »

Automotive Day Supply Aug 2019

Below is a list of the day supply by brand for August 2019.   What is Day Supply? Day Supply is the number of days it takes for a dealer to sell out of his vehicle inventory as long as no fresh units are being added. High Day Supply = Slow Selling Make  (Bad) Low …

Automotive Day Supply Aug 2019 Read More »

Top 5 Vehicles Appraised Jan-Jun 2019

Below is a list of the top 5 vehicles appraised for Diminished Value for the first half of 2019.   Rank Make & Model  Appraisals  Percentage  1 Toyota Camry                      314 5.05% 2 Ford F150                      163 2.62% 3 Toyota Corolla                      160 2.57% 4 Honda Accord                      155 2.49% 5 Honda Odyssey                      143 …

Top 5 Vehicles Appraised Jan-Jun 2019 Read More »

General Motors 2019 – 2023 Lineup Refresh

General Motors 2019 – 2023 Lineup Refresh Unpopular models are being updated or replaced by Chevy, GMC, Buick and Cadillac.     2019 2020 2021 2022 2023 Buick   New Encore Enclave Freshen Envision Redesign  Encore Redesign   Cadillac New CT5 New CT4 Escalade Redesign XT5 Redesign XT4 Refresh     XT5 Refresh     …

General Motors 2019 – 2023 Lineup Refresh Read More »

Top 100 Auto Parts Suppliers to North America

List of the largest 100 part suppliers to North America 2018 List of the top 20 in Millions of dollars in sales (Total North America 2018, 2017, Total Global, 2018, 2017). Magna International Inc. 337 Magna Drive Aurora, Ontario L4G 7K1, Canada (905) 726-2462; magna.com CEO : Donald Walker $20,414 $19,758 $40,827 $36,588 Body exteriors …

Top 100 Auto Parts Suppliers to North America Read More »

Used Car Sales Volume 2014 through 2019

USED-VEHICLES SALES SUMMARY – 2009 STATS The average used car is $20,200 Day Supply down an average of 4.8% since 2014 Average used car sold has 51,349 Average used car sold is 4.3 years old More SUV’s are sold than Cars Used car sales increased 3% more than new cars USED-VEHICLES SALES SUMMARY – VOLUME …

Used Car Sales Volume 2014 through 2019 Read More »

Market Observations Report – June 2019

Market Observations Report – June 2019 Cars declined greater than trucks. Day Supply for Full-Size Pickups is at a 4-year high.  Used pickup values remain high. Incentives/Rebates are likely to increase on new trucks due to high supply. Volume-weighted, overall car segment values decreased by 0.31% last week of May 2019. Combined market values had …

Market Observations Report – June 2019 Read More »

Nissan vs. Toyota vs. Honda US Market Share 2016 -2019

Market Share Change in US Market from 2016 to 2016 for the Top Three Japanese Automakers.  Nissan vs. Toyota vs. Honda US Market Share 2016 -2019 Nissan remains Japan’s #3 Automaker in the US despite aggressive incentives.  Market Share Ranking in US: Toyota  Honda Nissan MarketShare Percentage for the last 4 Years:   Nissan Honda …

Nissan vs. Toyota vs. Honda US Market Share 2016 -2019 Read More »

Appraisal Guarantees

Appraisal Guarantees – Diminished Value Claims Question: Does Diminished Value of Georgia Guarantee that the Insurance Company will Pay the Appraised Value? This is one of the most common questions we receive.  Answer: Most clients request a claim review (free quote) before hiring us to do an appraisal. This review will give the client an …

Appraisal Guarantees Read More »

Road Rage Stats 2019

Road Rage Stats 2019 Below are survey results conducted by AAA where 1,000 motorists answered questions relating to road rage and anger while driving. Purposely Tailgated = 51% Brake Checked Vehicle Behind = 46% Honked or Given Middle Finger  = 44% Yelled, Screamed and Made Improper Gestures = 35% Cut someone off on purpose = …

Road Rage Stats 2019 Read More »

2019 GTLA Auto Torts Workshop

2019 GTLA Auto Torts Workshop What does GTLA Stand For? GTLA = The Georgia Trial Lawyer Association What’s the Auto Torts Workshop? An annual event where personal injury lawyers attend an educational seminar covering all aspects of car accidents and insurance claims. What are the 2019 GTLA Auto Torts Workshop Dates? Thursday, July 18, 2019 …

2019 GTLA Auto Torts Workshop Read More »

Georgia Drives Car Tag & Title System

Georgia’s 2019 Drives Car Tag & Title System What does the Georgia “DRIVES” acronym stand for? DRIVES = Georgia Driver Record and Integrated Vehicle Enterprise System Key facts about the Georgia drives system upgrade 2019 Georgia DRIVES – Frequently Asked Questions – Car Dealers: Q: Will dealers be able to finalize deals between May 19th …

Georgia Drives Car Tag & Title System Read More »

Top 15 Most Common Diminished Value Questions

Top 15 Most Common Diminished Value Questions Asked by our Customers: Q1: Can I file a Diminished Value claim against my own policy? YES. In Georgia, even if you’re at fault, your insurance company is required to compensate you for your loss in resale value on an accepted claim.  There is no such coverage elsewhere …

Top 15 Most Common Diminished Value Questions Read More »

New-to-Used Vehicle Sales Ratio 2014-2018

New-to-Used Vehicle Sales Ratio 2014-2018 From 2014 to 2018, the ratio of  New-to-Used vehicles sold per franchise dealer has been on a downward trend. Franchise dealers are selling more used car now than 4 years ago. Below are a few auto news headlines from the last few weeks. This shows new car dealers, especially luxury …

New-to-Used Vehicle Sales Ratio 2014-2018 Read More »

2003 Hyundai Sonata Exhaust System

2003 Hyundai Sonata Exhaust System Diagram Vehicle: 2003 Hyundai Sonata Engine: 2.7 Liter V6 Exhaust System Parts: Rear Exhaust Manifold Left / Right / Front Exhaust Manifold Exhaust Manifold Gasket Exhaust Manifold Heat Shield (Right Side) Exhaust Manifold Heat Shield (Left Side) Front Exhaust Pipe Center Muffler Rear Muffler Front Muffler Heatshield Center Muffler Heatshield …

2003 Hyundai Sonata Exhaust System Read More »

Top 10 New Car Dealership Groups for 2018

Q: What are the Top 10 New Car Dealership Groups in 2018? A: Below is a list ranking the top ten auto dealer companies by total new car sales in 2018 Car Dealer Group  New Cars Sold in 2018   Publicly Traded   Sells Outside the US   2018 Rank   2017 Rank  AutoNation Inc.                                        310,839  Yes  No …

Top 10 New Car Dealership Groups for 2018 Read More »