Appraiser Blog

Diminished Value Story

Diminished Value Story – Appraisal Engine Video Script: Alice is driving her beautiful new car when all of a sudden Eric who’s distracted rear ends her! Oh no! Alice’s new car is now damaged. Eric’s insurance company gives Alice money to fix her car Now Alice goes to sell her

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Top 10 Cars for 2018

Below is a list of the top 10 cars for 2018 as tested by Consumer Reports. Top 10 Cars for 2018 Best Compact Green Car : 2018 Chevrolet Bolt Best Compact Car: 2018 Toyota Corolla Best Luxury Compact Car: 2018 Audi A4 Best Midsize Sedan: 2018 Toyota Camry Best Large Car:

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Market Insights – Feb 2018

This week’s  Market Insights report shows cars with lower depreciation than trucks. We also spotlight retention trends of three-year-old Mid-Size Cars over the last few years, as well as this month’s Specialty Report. Market Insights – Feb 2018 It was a good week for mainstream car segments as tax season buying

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Detroit Auto Show 2018 Summary

Below are highlights from the 2018 North American Auto show aka Detroit Auto Show Detroit auto show coverage 2018 – Report Few concepts, but they turned heads There were darn few pure concept vehicles at the 2018 Detroit auto show, but the ones that did appear were true conversations starters.

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Compact Crossovers Weak in Holding Value

Compact Crossovers depreciating the most out of cars and trucks last week. The vehicle category dropped -1.18% in value. The report also illustrates how much incentives have been rising lately. Cars continued to depreciate at a steady rate while most SUV segments did better in the second week of the

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Goldfein Claims & Independent Appraisal Guide

Golfein Claims Management is a company that helps lessors recover the loss in value (Diminished Value) sustained by leased vehicles in operation. This, in theory, is a legitimate goal, however, the methods used by Goldfein are often misleading and bordering on unethical. This post is to expose the potential bad

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Toyota Prius’s confusing Trim levels I, II, III, IV and V

Toyota has decided to confuse consumers by implementing a new trim level (build) nomenclature for their Prius hybrid vehicle. Instead of the normal (CE, LE, XLE, etc… ) or the (Base, Premium, Limited, etc..) naming format, they’ve opted for a new and ambiguous format: Prius I Prius II Prius III

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List of Cars Kept for More than 15 years

After analyzing more than 650,000 vehicle transactions for cars from the 1981-2002 model years sold in 2017, w list was compiled of the top 10 cars vehicle owners are holding on to for more than 15 years. It is no surprise that 8 Toyota vehicles occupy the top 10 spots. Top

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2017 Year End Review

Appraisal Engine releases its annual report:  More than 11,200 retail customers served. Appraisal Engine Inc., the highest-ranked vehicle valuation firm in the southern U.S., is celebrating a record year of helping consumers earn their rightful compensation from insurance carriers. In 2017, Appraisal Engine received assignments from more than 11,200 accident

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GTLA 2017 Holiday Workshop

The Georgia Trial Lawyers Association is holding its annual Holiday Workshop at St. Regis in Buckhead. GTLA 2017 Holiday Workshop Date: Friday 12/08/2017 Location: St. Regis Conference Room 88 West Paces Ferry Rd NW Atlanta, GA 30305 Continued Legal Education Credits: 6 Credit Hours Agenda and Events: 9:00 a.m. –

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Significant Increase in Weekly Depreciation

This week’s Market Insights report shows both car and truck segments decreasing more in value than usual. Although car segments saw an overall larger depreciation, two truck segments saw larger price declines as a percentage than any of the car segments. The report also spotlights the latest Retention Index, as

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California – Auto Body Repair Consumer Bill of Rights

California – Auto Body Repair Consumer Bill of Rights A CONSUMER IS ENTITLED TO: 1. SELECT THE AUTO BODY REPAIR SHOP TO REPAIR AUTO BODY DAMAGE COVERED BY THE INSURANCE COMPANY. AN INSURANCE COMPANY SHALL NOT REQUIRE THE REPAIRS TO BE DONE AT A SPECIFIC AUTO BODY REPAIR SHOP. 2.

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Top 10 states that have most flood-damaged units in operation

In the US drivers may be behind the wheel of more than 325,000 previously flooded vehicles. List of US States with the most flooded vehicles still on the roads. Texas 51,000 Louisiana 29,000 Pennsylvania 20,000 Florida 19,000 Kentucky 16,000 Illinois 16,000 South Carolina 13,000 Virginia 13,000 North Carolina 13,000 Michigan

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Luxury Cars and SUVs Experience Higher Depreciation Rate

Luxury Cars and SUVs Experience Higher Depreciation Rate Market Insights report offers insight into last week’s vehicle retention trends, where a handful of truck segments showed strong retention versus that of cars. What’s more, the report illustrates segment retention strength, with Compact Crossover SUVs showing significant price strength against the

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2018 SUV Truck Vehicle List for the US Market

2018 SUV Truck Vehicle List US Market Below is a list of Trucks and SUVs being offered in the US market for the 2018 model year. Vehicle with highest base price: 2018 Bentley Bentayga – $236,000 Vehicle with the most horsepower: 2018 Lamborghini Urus – 650HP Vehicle fastest 0 to 60: 2018

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Compact SUVs in Strong Demand

Automotive Market Report – Sept 2017 Compact SUVs increased their value noticeably, giving the truck segment an overall boost in retention value last week. The car segment depreciated by a standard amount with only one vehicle category, Mid-Size Cars, increasing in value by 0.13%. Active buying continued last week as

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Free Vehicle History Lookup

Want a FREE vehicle history report? Carfax just eliminated their unlimited report offering. Below is an email they sent us when inquiring about the issue. Carfax is the best known name for history reporting in the industry, their marketing and advertising campaign eclipses all others, however, in the last few

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Atlanta’s #1 Car Appraisers

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