Auto Market Update – Week of December 3, 2024 Introduction The first week of December brings steady market dynamics, with moderate depreciation trends, stable auction activity, and efficient inventory turnover. This week also highlights significant industry news, from legendary car collections being sold to Pope Francis’s first electric popemobile and
How Audi’s Bold Rebranding is Shaping the Future of Luxury EVs The Significance of Rebranding Audi’s recent rebranding signals a bold step into the future, embracing the electric vehicle (EV) era while redefining its identity to resonate with modern, tech-savvy consumers. By revamping its image and targeting younger drivers, Audi
Auto Market Update – November 26, 2024 As we near the end of November, the auto market reflects typical late-year patterns, with depreciation trends stabilizing and a focus on high-demand segments. This week’s highlights include an in-depth look at price trends across segments, the used retail market, and an analysis
Chinese electric vehicles (EVs) are finally making waves in the U.S. market, and they’re bringing more than just competitive prices. With automakers like BYD, SAIC, and Geely leading the charge, there’s growing interest—and concern—over how these brands will perform in a market dominated by Tesla, GM, and Ford. However, entering
As we move further into November, the automotive market continues to experience the seasonal fluctuations and trends that shape vehicle pricing and inventory dynamics. This week, we’re diving into the latest wholesale price movements, truck and SUV segment activity, and retail inventory patterns, alongside a look at Tesla’s groundbreaking innovations
Black Friday is one of the best times to shop for a car, with dealerships promising huge discounts and irresistible offers. But are all those deals as great as they seem? Unfortunately, some promotions are more about marketing gimmicks than real savings. This guide is specifically designed for car buyers
November 2024 Auto Market Update – Insights from November 12th, 2024 This November, wholesale prices in the automotive market have shown stability, with transaction rates beginning to balance. However, a sharper depreciation was noted in the car segment, particularly in budget-friendly categories like compact and full-size cars. Meanwhile, truck and
Practical 7 Steps Guide: How to Spot if a Car Was in an Accident Here’s a simple, hands-on guide to help you spot signs of a past accident. Follow these quick steps like a true appraiser: 1. Examine Paint and Panels 2. Check for Uneven Gaps 3. Inspect Headlights and
Introduction November 2024 brings a range of significant developments within the auto market. As we progress through the fourth quarter, seasonal trends and broader economic factors are affecting wholesale prices, retail dynamics, and auction activities. Here’s a breakdown of the key changes shaping the automotive landscape this month. Quick Stats
How to Check if a Car Was in an Accident: Essential Guide for Used Car Buyers Buying a used car can be a great decision, but one question every buyer should ask is, “How do I check if a car was in an accident?” Whether the vehicle has been well
October 2024 Auto Market Update—Week Ending October 29th Introduction In the final week of October, the auto market continued to adjust as wholesale prices softened across both car and truck segments. With seasonal demand stabilizing, certain segments saw sharper price declines, influenced by broader inventory levels and steady auction activity.
DOWNLOAD THE “Is It Safe to Buy a Car That’s Been in an Accident?” PDF Should You Buy a Car That Has Been in an Accident? When you’re on the hunt for a used car, it’s common to come across vehicles with an accident history. For many buyers, seeing an
October 2024: Auto Market Update – Week of 10/22/24 The automotive market in the third week of October 2024 continued its seasonal adjustments, with wholesale prices experiencing further declines across both car and truck segments. Market behavior this week reflects expected trends as we move further into fall, where price
So, your car’s been declared totaled, and now you’re not sure what to do. Trust me, I know it’s tough, and it can feel like the world’s suddenly gotten a whole lot more complicated. But don’t worry—I’m here to help you navigate these next steps with a clear head and
October 2024: Auto Market Update – First Week Trends and Insights The first week of October 2024 brought notable shifts in the auto market, influenced by several key factors. On the wholesale side, we observed price declines across both car and truck segments. Meanwhile, disruptions from Hurricane Milton in Florida
Thinking about switching to a hybrid this year? You’re not alone. More people than ever are choosing fuel-efficient hybrids to save money on gas and reduce their environmental impact. The good news? The best hybrid cars of 2024 offer amazing choices, whether you’re after a sleek sedan or a spacious
When you file an insurance claim, you expect a fair settlement that covers your damages or losses. Unfortunately, not all insurance companies operate in good faith. Unfair claim settlement practices are tactics used by some insurers to delay, reduce, or deny payouts that policyholders rightfully deserve. In this article, we’ll
Another week, another auto market update! This time, with a special month review!If you’re asking yourself which of those were the most profitable niches and trends, you’re in the right place. Since the start of September, we’ve seen the core aspect of auto sales remain “affordability.” Now, in the last
Maximize Your Diminished Value Claim Against Farmers Insurance If you’re preparing to file a diminished value claim with Farmers Insurance, being strategic and well-prepared can make all the difference. Even after your vehicle has been repaired following an accident, it’s likely worth less than before due to its accident history.
Have you ever wondered why your car’s value drops after an accident, even after it is repaired? This is where the concept of “inherent diminished value” comes into play.It’s a term that describes the permanent loss of value a vehicle suffers after an accident. No matter how good the repairs
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
Wondering how much your vehicle lost in Value? Click the button to know more.
Diminished Value of Georgia is powered by Appraisal Engine Inc™ | All Rights Reserved.
