2023 Volvo XC60 Diminished Value Case Study
Picture this: a regular day turned chaotic as your Volvo XC60 meets an unexpected collision. Amid the scramble of insurance calls and repair shop visits, a crucial aspect often slips through the cracks – the diminished value of your vehicle. Even after meticulous repairs, your car might never recoup its
Why US Auto Sales Cooled Off After a Hot 2023
As the festive fervor of 2023 faded into the rearview mirror, the U.S. light-vehicle market found itself navigating through a January chill. Despite a backdrop of improving inventory, enticing discounts, and robust fleet deliveries, the anticipated surge in sales cooled off, much like the winter air. This period, usually quiet
Auto Market Update Week Ending Feb 03, 2024
The auto market’s performance in the week ending February 3rd, 2024, brings a sense of stability that has been missing over the past few years. After a period marked by significant volatility, the latest figures suggest a gradual return to more predictable patterns. This update looks into the specific trends
The 6 Steps of an Auto Policy Appraisal Clause
The appraisal clause is often used in insurance policies to resolve disputes between the policyholder (insured) and the insurance company (insurer) over the value of a covered loss, usually if the car is a total loss or in some diminished value cases. Below are the basic steps for resolving an
How to Donate a Car to Charity: A Comprehensive Guide
Donating a car to charity is a generous act with the added benefit of potential tax deductions. At Diminished Value of Georgia, we specialize in providing comprehensive guidance on car donations, ensuring that your generosity aligns with IRS guidelines and maximizes your benefits. Let’s get into the details of how
2024 Used EV Tax Credit: Everything You Need To Know
Imagine cruising down the sunny streets of Atlanta in your sleek, eco-friendly electric vehicle (EV). The breeze is light, the skies are clear, and your conscience is even clearer, knowing that your choice is helping the planet. But what makes this image even more appealing? The opportunity to benefit financially
