Vehicle Value Depreciation Rate – July 22 Vehicle Weekly Change – Overall car values decreased by 0.53%. – Luxury Car led the decline by 0.85%. – Near Luxury Car declining 0.79%. – Sub-Compact Car declining 0.77%. – Overall truck values decreased by 0.37%. – Pickups and Full-Size Crossover/SUV retained
We get this question a lot; the quick answer is NO! But there are a few exceptions. First off, the only way you can keep your car is if you own it outright. If there’s a lien on your vehicle, then you cannot even retain it. The Steps: Let’s
Diminished Value of Georgia, the number one automobile appraisal company in the southeast, will sponsor and exhibit at the Georgia Trial Lawyers Association’s Auto Torts Workshop this summer. The event is happening at the Omni Amelia Island Plantation in Amelia Island, Florida on July 28 through 30. GTLA Auto Torts
Fleet Sales Jump 13% – Summer 2016 Estimated retail and fleet volume for June 2016 vs. June 2015 June 2016 retail sales June 2015 % retail share June retail sales June 2014 % retail share % change General Motors 209,300 82% 206,800 80% 1.20% Toyota Motor 180,300 91% 182,800 87%
Top Quality Cars By Brand – July 2016 Kia overtook Porsche in J.D. Power’s annual report card on vehicle quality, marking the first time in 27 years that a nonpremium brand has topped the list. Tthe Jeep, Chrysler, and Subaru showed the strongest improvement. Jaguar plunged from third place
2017 Fiat 124 Spider – U.S. Wonder The 2017 Fiat 124 Spider The 2017 Fiat 124 Spider is easily the best car in Fiat’s four-vehicle U.S. lineup and a worthy successor to the storied original Fiat 124 Spider that debuted in November 1966. The two-seat convertible coupe shares a
Vehicle Values Depreciation Rate – July 12 Depreciation Rates Change – Overall car values decreased 0.37% last week. – Full-size Car depreciation rates changed -0.66%. – Mid-size Car segments received the highest weekly depreciation rates at 0.54%. – Overall truck values decreased 0.3% last week. – Sub-Compact Luxury Crossover segment
Average Auto Loan Term Rise – July 2016 The average loan term has been on a continuous climb based on vehicle affordability. Every quarter for the last two years, new-vehicle loan terms have increased by one month. In the first quarter of 2015, the average new-vehicle loan term
Unfair Claims Settlement Practices Act Unfair-Claims-Settlement-Practices-Act – pdf Section 1. Purpose The purpose of this Act is to set forth standards for the investigation and disposition of claims arising under policies or certificates of insurance issued to residents of [insert state]. It is not intended to cover claims
Vehicle Values and Depreciation Rate – June 28 Vehicle Values Decline – Overall car values decreased by 0.43%. – Sub-Compact Car led the decline by 0.96% – Luxury Car declining at 0.68% – Prestige Luxury Car 0.57%. – Overall truck values decreased by 0.37% last week. – The small
Not all cars are created equal. Some cars cost quite a bit more to insure than one would think. Here is a list of the best and worst cars to insure: THE WORST: 1. Subaru Impreza WRX 2. Scion TC 3. Hyundai Tiburon 4. Mercedes CLS class (4 dr) 5.
Auto Market Depreciation Rates – June 20 Depreciation Rates Steady – Overall car values decreased by 0.47% last week. Similar to the average depreciation rate of 0.44% seen in the previous two weeks. – Compact Car depreciation rate 0.82%. – Mid-Size Car depreciation rate is 0.72%. – Luxury Car
Toyota Technology Dominance Toyota Motor is dominating the global market for the fuel cell, electric and hybrid vehicles patents. Toyota has been developing technology and process patents far ahead of its competitors. From 2011 to 2015, Toyota engineers were granted 9,807 patents for inventions related to alternative-powered vehicles. The gap
Vehicle Trapezoidal Rules The grille not only is it important to thermodynamics and aerodynamics, it also must be aesthetically pleasing, or at least not repelling potential buyers. Automakers are playing it safe by adopting some version of the trapezoidal grille, a style of the 1950s Aston Martin (picture above).Prudent design
Sub-Compact Car Values – June 2016 Sub-Compact Car Values – Overall car values decreased by 0.47% in the beginning of June. This is worse than the average depreciation rate of 0.27% seen in May. – Sub-Compact Car and Mid-Size Car segments experienced high drop in value of 0.87% and 0.79%, respectively.
2016 Audi S6 Models, Retail Prices and Trim Levels for 2016 EXTERIOR COLORS:A2A2 Brilliant Black ……………………………………………………………………….All Vehicles………………………………………………………….N/C N/C6Y6Y Daytona Gray Pearl Effect ……………………………………………………..All Vehicles …………………………………………………………….511.00 550.00L5L5 Florett Silver Met ………………………………………………………………….All Vehicles ………………………………………………………………511.00 550.002Y2Y Glacier White Met ………………………………………………………………….All Vehicles …………………………………………………………..511.00 550.004J4J Havanna Black Met ………………………………………………………………All Vehicles ……………………………………………………………511.00 550.00T9T9 Ibis White
2016 Audi S7 Models, Retail Prices and Trim Levels for 2016 EXTERIOR COLORS: A2A2 Brilliant Black ……………………………………………………………All Vehicles………………………………………………………………….N/C N/C 6Y6Y Daytona Gray Pearl Effect …………………………………………….All Vehicles ………………………………………………………………….511.00 550.00 L5L5 Florett Silver Met ………………………………………………………All Vehicles …………………………………………………………………511.00 550.00 2Y2Y Glacier White Met ………………………………………………………..All Vehicles …………………………………………………………………511.00 550.00 4J4J Havanna Black Met ……………………………………………………All
Trucks and Car Segment Values – May 2016 Trucks and Car Segment Values Ending May 30, 2016 – Volume-weighted car values decreased 0.23%. – The Sub-compact Car segment weekly depreciation at 1.09%. Comparing -0.99% in 2015 and -1.19% in 2014. – Truck values decreased 0.27%. – The Sub-compact Luxury Crossover segment
2016 Audi S8 Models, Retail Prices and Trim Levels for 2016 EXTERIOR COLORS: A2A2 Brilliant Black ……………………………………………………………………….All Vehicles…………………………………………………………………………….N/C N/C 0D0D Cuvee Silver Met ………………………………………………………………….All Vehicles…………………………………………………………………………….N/C N/C 6Y6Y Daytona Gray Pearl Effect ……………………………………………………..All Vehicles…………………………………………………………………………….N/C N/C L5L5 Florett Silver Met ………………………………………………………………….All Vehicles…………………………………………………………………………….N/C N/C 2Y2Y Glacier White Met ………………………………………………………………….All Vehicles…………………………………………………………………………….N/C N/C 4J4J
May Auto Industry Sales Report – 2016 Automaker May 2016 May 2015 % change 5 months 2016 5 months 2015 % change BMW 29,017 31,003 –6.4% 124,581 136,447 –8.7% Mini 4,565 5,833 –21.2% 20,230 24,086 –16.0% Rolls-Royce* 97 98 –1.0% 501 490 2.2% BMW of N.A. 33,709 36,934 –8.7% 145,312
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
