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Diminished Value Qualification Quiz

When appraising vehicles there are a few key characteristics we look for when seeking a larger diminished value claim.  For the best results, appraised cars should have at least 4 out of the 6 following criteria met:  1.  Mileage under 75,000 miles 2.  The vehicle is less than 6 years

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U.S. Auto Sales Per Franchise – 2016

U.S. Auto Sales Per Franchise – 2016   U.S. car and light-truck sales per franchise March Feb. Make Car Truck total total Toyota/Scion           77           77         154         133 Nissan           80           60         140         112 Lexus           58           70         128           97 Honda

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U.S. Car and Light-truck Inventories – 2016

U.S. Car and Light-truck Inventories – 2016   Days Days supply supply Inventory 1-Apr 1-Mar Units 2016 2016 BMW car (I)       35,500         55         80 BMW trk. (D/I)       12,500         27         34 Total BMW (D/I)       48,000         43         59 Total Mini (I)       11,500

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Retail vs. Fleet Sales April 2016

Retail vs. Fleet Sales April 2016   Retail vs. Fleet Sales April 2016 RETAIL April 2016 retail sales April 2016 % retail April 2015 retail sales April 2015 % retail April change General Motors 200,700 77% 194,300 72% 3.3% Toyota Motor 188,900 89% 182,100 90% 3.7% Ford–Lincoln 157,300 68% 152,400

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U.S. Auto Sales Competition

U.S. Auto Sales Competition First Place Contenders U.S. Sales Jan.-April 2016 Change from Jan.-April 2015 Ford 836,645 +6.7% Toyota 656,219 -0.5% Chevrolet 656,172 -1.2% Toyota and Chevy are fighting for second place where Ford dominates the first place. Luxury Brand Competitors   U.S. Sales Jan.-April 2016 Change from Jan.-April 2015 Mercedes-Benz

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Vehicle Sales April 2016

Vehicle Sales April 2016   April 2016 Vehicle Sale Percentage Winners 1. Alfa Romeo 57.9% 2. Scion 54.1% 3. Volvo 33.1% 4. Lincoln 20.2% 5. Mitsubishi 17.7% Losers 1. Bentley -54.5% 2. Cadillac -28.9% 3. Fiat -18.9% 4. Chrysler -17.5% 5. Mini -12.4% Top 10 Vehicles Sales By Model April

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Full-Size Pickup Price Growth

Full-Size Pickup Price Growth   Growth in average transaction prices for full-size pickups far outpaces the industry overall. Average transaction price with annual increase listed below. Full-size pickups 2011 $33,511 2.90% 2012 $34,839 4.00% 2013 $36,199 3.90% 2014 $38,622 6.70% 2015 $40,537 5.00%       All light vehicles 2011

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Vehicle Inspection Codes

Vehicle Mileage: A – Actual N – Not Actual X – Exceeds Mechanical Limits E – Exempt Loss Type: B  –  BURN C  –  COLLISION D  –  DONATION E  –  FLEET H  –  HAIL I  –  WIND K  –  CATASTROPHE L  –  RENTAL M  –  OTHER COMPREHENSIVE N  –  FRANCHISE

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Diesel Price Changes – April 2016

Diesel Price Changes – April 2016 Price Change, Better than Last Year. This past month, we saw diesel fuel prices change direction. The average price per gallon has moved back above the $2.00 mark. The national average now stands at $2.12 per gallon, that is still $.70 better that last

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Four-Year-Old Vehicles Values – Car vs. Crossover

Four-Year-Old Vehicles Values – Car vs. Crossover   Given the decrease in value with compact car, the spread between the compact can and compact crossover segments have increased by over 30% from $3,387 to $4,460 in the last 12 months, the difference of $1,073.

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Sub-Compact and Compact Car Values – May 2016

Sub-Compact and Compact Car Values – May 2016 Overall car values decreased by 0.37% May 8 – May 15. This is worse than the average depreciation rate of 0.23% seen in the previous 8 weeks. Sub-Compact Car and Compact Car experienced a large drop in the value of 0.73% and 0.72%. Overall truck

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25 Cars Worth Waiting For In The Future

25 Cars Worth Waiting For In The Future, 2016-2020   2017 Chevrolet Camaro ZL1 The ZL1 will arrive later this year at a price north of $60,000. 2017 Bugatti Chiron 2.4 million euros. 2018 Jeep Wrangler Late next year, with stickers starting around $25,000. 2017 Porsche 911 R At least

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Medium Duty Trucks Market Trend – 2016

Medium Duty Trucks Market Change and Trend – 2016    Medium-Duty Market In the Medium Duty market, the rate of decline continues to slow. The 2005-2012 model years came down on average, $114 or 0.6%. In February, that average decline for this group was $178 or 1.0%. The 2013 & 2014

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Proportion of Drivers in Fatal Crashes Under Influence

Proportion of Drivers in Fatal Crashes Under Influence, 1982-2010     Traffic Safety Facts More than 5.4 million police-reported motor vehicle crashes occurred in the United States in 2010. Twenty-eight percent of those crashes (1.54 million) resulted in an injury, and fewer than 1 percent (30,196) resulted in a death.

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Crash Type and Impact Speed Statistic

Crash Type and Impact Speed Statistic   Impact Speed and Crash Type Impact speed and crash type are statistically significant, and their coefficients consistently increase from the less severe outcomes injury to the most serious injury levels or death. The graphical table above shows the probability of a specific maximum injury level

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Collision Repair Facilities

Most Common Collision Repair Facilities Collision repair involves repairing structural damage after a vehicle has been in a collision. Another term for collision repair is auto body repair. There are several ways to classify a collision repair facility, most common are: Independent body shop  – is one that operates by a private

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Most Common and Costly Car Repairs

Most Common and Costly Car Repairs   According to a 2012 industry report, America’s auto repair business is expected to grow 1.2% annually over the next five years. By 2017, auto shop industry revenues will reach $54.7 billion. An improving economy and advances in auto manufacturing technology requiring more skilled

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Adesa Auctions U.S. Locations

Adesa Auctions U.S. Locations   Adesa United States 13085 Hamilton Crossing Blvd Carmel, IN 46032Phone: 800-923-3725 800-9ADESA5 Fax: 317-249-4600 Adesa Canada 370 King Street West Suite 500 Toronto, Ontario M5V 1J9 Phone: 416-861-5777 Fax: 1-844-331-4813 Adesa Customer Connection Phone: 888-526-7326 US Fax: 866-620-2080 Canada Fax: 1-844-331-4813 WorldWide Fax: 317-706-4130 Adesa

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Heavy Duty Trucks Value Change – April 2016

Heavy Duty Trucks Value Change – April 2016   2013-2014 Construction/Vocational segment dropped an average of $360 (0.5%) 2013-2014 Over the Road Tractor segment dropped an average of $813 (1.2%) 2013-2014 Regional Tractor segment dropped an average of $914 (1.6%) 2005-2012 HD Construction/Vocational segment dropped an average of $239 (0.6%)

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Truck Values Improved While Car Values Continuous To Decline

Truck Values Improved While Car Values Continuous To Decline   Overall car values decreased by 0.21% last week. Compact Car:  -0.35% Sub-Compact Car:  -0.31% Prestige Luxury Car:  -0.28% Luxury Car:  -0.24% Truck values increased by +0.05% last week. Compact Crossover/SUV:  +0.36%  Minivan:  +0.25%  

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Atlanta’s #1 Car Appraisers

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