Appraiser Blog

Top 5 Vehicles Appraised for Diminished Value in 2020 YTD

List of the top 5 vehicles appraised year to date for Diminished Value.  1 Toyota   Camry 3.83% 2 Ford  F150 3.46% 3 Honda CR-V 2.36% 4 Honda  Accord 2.28% 5 Toyota   Corolla 2.14%     2020 versus 2019    2020 2019 1 Toyota   Camry Toyota Camry 2 Ford  F150 Ford

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Top 5 Cars Sold in California in 2019

Top 5 Cars Sold in California in 2019 The Tesla Model 3 is the #1  bestselling electric vehicle in California, but it’s also right behind the Toyota Camry on the list of top 5 cars sold overall. Top 5 Makes and Models Sold in California in 2019 Rank Make Model 

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Auction Retention Index for the Top 10 Makes September 2020

Auction Retention Index – ARI The Auction Retention Index is a good indicator of market stability. Theoretical retention is at or around 100%, but with market turbulence, this index can greatly fluctuate.  If the index is under 100%, wholesale inventory is being transacted below the target price, meaning cars are

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Automotive Market Insights September 2020

Automotive Market Insights September 2020   Wholesale prices showed declines with the overall average market experiencing a negative adjustment. Full-Size Trucks continued to see strong prices for a 17th week in a row.   Overall wholesale sold volume was below 2019 levels, but the performance of different channels varied with some overperforming versus the previous year.  Retail listing prices increased again,

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Vehicle Bill of Sale by Owner Sample Document

Vehicle Bill of Sale by Owner Sample Document (word .docx) Vehicle Bill of Sale by Owner Sample Document (PDF)   THIS BILL OF SALE is executed on _______, by and between ________, residing at _____________________________________ (hereinafter referred to as the “Seller”) and ________, residing at _____________________________________ (hereinafter referred to as

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Wholesale Used Car Prices Hit a Plateau in August

Wholesale Used Car Prices Hit Plateau in August Wholesale used-vehicle prices soared back this summer after dropping in April following the start of the pandemic. However, signs of this price increase slowing down are starting to appear. Pre-COVID levels (Benchmark) Retail used-vehicle prices up 7% Wholesale auction prices up 15%

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Auction Vehicle Inventory Statistics August 2020

Auction Vehicle Inventory Statistics August 2020 There are currently 127,310 vehicles offered for sale on by Manheim dealer auctions in the US.  Auction Inventory by Vehicle Type Truck                 14,747 SUV                 49,423 Car                 56,999 Van                   6,141 Total               127,310 Below are the statistics of these vehicles by

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New Vehicle Sales Projections 2020-2024

New Vehicle Sales Projections 2020-2024 Car sales in the United States could range between 10.2 and 12.7 million units in 2020. The car industry was expected to sell about 16.9 million vehicles before COVID but the market outlook has worsened.  In 2019, 17 million new cars were sold in the

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Depreciation Comparison – Top 5 Used Sedans

Depreciation Comparison – Top 5 Used Sedans If you’re in the market for a family sedan, the top 5 choices for you are: Honda Accord Hyundai Sonata Kia Optima Nissan Altima Toyota Camry These five vehicles are rated highest for most categories, unfortunately no US made vehicles made this top

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Percent Drop in New Car Sales First 6 Months 2019 v 2020

U.S. light-vehicle sales by nameplate, 6 month comparison of 2019 versus 2020 Percent Drop in New Car Sales First 6 Months 2019 v 2020 (PDF) Chrysler tops the list with a 50% decline in sales. New-vehicle sales in U.S. plummet 34% in Q2 of 2020. Some segments fared better than

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Auto Market Report – June 2020

Auto Market Report – June 2020 A look at Used Wholesale Price and Used Vehicle Supply Projections Auction Sales Volume and Sales Rates Segment Highlight – Compact Crossover / SUV Volume-weighted, overall car segment values increased 1.54% this past week. All car segments experienced increases, with the most notable increase

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Traffic vs Accident Reduction 2020

Traffic vs Accident Reduction 2020 Less cars on road = a lot less accidents. Vehicle miles traveled nationwide was down 41% in April and projections show up to a 9.4% decrease in 2020. Due to reduced traffic on roads, accidents have dramatically fallen. For each 1% drop in traffic, there’s

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Sample Motion to Dismiss Georgia PDF

Sample Motion to Dismiss Georgia PDF   This motion is usually filed with the court when Both parties agreed to a settlement The plaintiff cannot appear at court The facts of the case changed since filing New evidence was in favor of defedant Dismiss and refile in State or Superior

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The Rise of Contactless Car Shopping in the Wake of Covid

The Rise of Contactless Car Shopping in the Wake of Covid Consumers are warming up to the idea of digital retailing as more car dealerships take the car-buying process online during the covid19 pandemic. And customers increasingly say they’d like to handle certain parts of the transaction virtually instead of

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Hyundai Sales Down 31% in March 2020

 Hyundai Sales Down 31% in March 2020 Despite sale increases in January and February 2020, March sales put the quarter in negative territory. One bright spot however is the fact that at -5.4%, Hyundai group’s decline is still half of the average US industry decline of 12% in Q1 2020.

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General Motors Rebates April 2020

General Motors Rebates April 2020 General Motors Incentives in this table are a summary of retail programs offered. Programs may vary by region and model. Expires April 30. In lieu of rebates, cut-rate financing is available. Year Make Model  Cash Rebate up to  Special Financing  2020 Buick Regal Sportback  $                                 

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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