So, you’re thinking about getting an electric vehicle (EV)? It’s a big step, sure, but also an exciting one. EVs are on the rise, offering a cleaner, more sustainable way to get around. Before you jump in, there are a few key things you should consider to make sure you’re
As China’s influence in the global electric vehicle (EV) market continues to surge, US Energy Secretary Jennifer Granholm has raised significant concerns over the potential ramifications for American manufacturers. Granholm’s apprehensions stem from China’s adeptness at flooding the market with competitively priced EVs, a move that could potentially undercut the
Imagine, if you will, a vast ocean, its surface mirroring the ever-changing skies above. This ocean is not filled with water, but with cars and trucks, each wave representing the fluctuations of the automotive market. Just like sailors navigating through calm and stormy weather, dealers and investors keep a keen
Abstract In response to the limitations of traditional vehicle valuation methods, Appraisal Engine Inc., under the guidance of Tony Rached, has developed the Scarcity Factor (SF), a sophisticated model designed to dynamically adjust vehicle prices based on market scarcity. This innovation, which is currently under a patent-pending application, is the
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
Imagine a world where buying a car is as enjoyable as the first drive in your new vehicle. For years, car buyers have navigated a sea of uncertainty and stress, but as we enter 2023, a wave of change is sweeping across the automotive landscape. Cox Automotive’s Car Buyer Journey
Electric Cars in Cold Weather: Navigating and Overcoming the Challenges Imagine a typical winter morning in Atlanta but with a twist. You, an electric vehicle (EV) owner, step out to find your car struggling against the cold. This isn’t just a hypothetical scenario; it’s a reality faced by many EV
Imagine a journey back to 1990 – a time when the automotive landscape in the United States was quite different from today. Picture the roads less congested, the variety of vehicles more limited, and the concept of electric cars almost a distant dream. Fast forward to 2022, and you’ll find
As we navigate through the evolving era of eco-friendly transportation, hydrogen vehicles emerge not just as a mere alternative, but as a pioneering force in 2024. With the backdrop of new regulatory landscapes and shifting investment patterns, the sector of hydrogen-fueled transport is not just surviving; it’s thriving with innovation
As the calendar page turns to 2024, the auto market tiptoes into the new year, much like a cautious explorer stepping into uncharted territory. Gone are the days of frenetic auction scenes that characterized the past, replaced now by a more measured tempo as January unfolds its first chapter. This
Table of contents The landscape of electric vehicles (EVs) in the United States is a fascinating blend of history, technology, market dynamics, and consumer attitudes. Let’s dive into this electrifying topic. 2024 Electric Vehicle Report – U.S. Sales and Registrations (PDF) The Evolution and Growth of Electric Vehicles in the
Imagine a world where every car on the road is a beacon of environmental sustainability. As we usher in 2024, this vision nudges closer to reality. But it’s not without its challenges. The past five years have seen legacy automakers, those giants of the automotive industry, boldly pledge to combat
As 2023 came to a close, the auto industry witnessed fluctuations that could only be likened to a rollercoaster ride post-Thanksgiving. The wholesale market, in particular, experienced significant weekly declines, signaling a shift in the auto market landscape. Despite the presence of robust auctions and a bountiful inventory, sellers found
Tesla began 2023 much like a seasoned racer caught off-guard by an unexpected twist in the track. Elon Musk, the dynamic yet divisive figurehead, faced the challenge of steering the company through a year that would be marked by intense price wars and the excitement surrounding the Cybertruck release. Simultaneously,
As 2024 approaches, the American auto industry is showing signs of an exciting transformation. This period marks a critical juncture, with the industry emerging from the challenges of the global pandemic and navigating the complexities of supply chain disruptions. In this article, we take a deep dive into the projections
In recent years, the alarming statistics of alcohol-related crashes have prompted US regulators to consider integrating advanced technology into vehicles to detect drunk drivers. This initiative aims to significantly reduce the number of fatalities and injuries on the road. In 2021, the US witnessed over 13,000 deaths due to alcohol-related
The U.S. electric vehicle (EV) market has witnessed a transformation in recent months, marked by a plateau in overall market growth. While Tesla continues to dominate, some traditional luxury brands and newcomers are making notable strides. This evolution is reshaping the market dynamics and challenging conventional expectations. Traditional Brands Overtaking
Auto Market Update: Analyzing Wholesale Prices Trends In this week’s Auto Market Update, we delve into the dynamics of the automotive market, focusing on the wholesale prices for the week ending December 9th. The industry continues to witness substantial declines, although there are noteworthy signs of moderation in the overall
The resounding question on the minds of stakeholders in the used truck market has been a constant echo: “Are things finally stabilizing in the used truck market?” After years of navigating the tumultuous seas of unpredictability, it appears that the ship might be finding its course for a smoother ride.
The Fast Lane: Unveiling the Top 10 Fastest-Selling Used Cars in America In the ever-evolving landscape of the automotive industry, the dynamics of used car sales are experiencing a notable shift. Traditionally perceived as the go-to option for budget-conscious consumers, the used car market has transformed into a realm where
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.
