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The Introduction of the Scarcity Factor by Appraisal Engine Inc

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

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Understanding the Appraisal Clause in Insurance Agreements

In the complex world of insurance claims, disputes over the value of a loss are not uncommon. When policyholders and insurers find themselves at an impasse, the appraisal clause is a critical component of the insurance policy designed to resolve such disagreements. This provision allows for an unbiased review by

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2020 Mazda CX-9 Diminished Value Case Study

2020 Mazda CX-9 Diminished Value Case Study (PDF) Let’s imagine you’re driving your 2020 Mazda CX-9, enjoying a beautiful evening. This car isn’t just any car; it’s your pride and joy. Suddenly, a small accident happens. At first, it seems like no big deal. But there’s something most people don’t

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Watts Up with Used EV Prices? A 2023 Market Analysis

Once a niche corner of the automotive world, electric vehicles (EVs) have surged into the spotlight, transforming from a rare curiosity into a burgeoning market force. This transition has not been without its challenges, as used EV prices have proven to be as unpredictable as they are revolutionary. In the

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Auto Market Update Week Ending Feb 10, 2024

Hello and welcome back to our weekly dive into the auto market, with a special look at the week ending February 10, 2024. It’s like stepping outside to find that winter might just be giving us a break a little earlier this year. The market’s showing signs of life in

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Is GAP Insurance Worth the Investment? A Complete Guide

Once upon a time, in the bustling city of Atlanta, a car owner named Alex faced a dilemma that many of us might find all too familiar. After purchasing his dream car, a sleek, modern sedan that gleamed under the Georgia sun, disaster struck. A careless driver ran a red

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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