Auto Market Recap Q1 2022 (PDF) Will there be a spring market? Although there is uncertainty about how strong the spring market will be this year, here’s what we saw in Q1 2022: With a continued lack of new inventory for rental companies, high fuel prices, and tax season, we
Poll Would you purchase a vehicle that’s been involved in an accident (PDF) Poll/ Survey Results Respondents: 2,870 Question: Would buy a wrecked and repaired Vehicle? Answer: Yes 12% Yes, but with a very large discount 51% Yes, only if it had minor damage 7% No, Never 25% Unsure, Undecided
Myths And Misconceptions In The Automotive Sector (PDF) The automotive industry is filled with many myths and misconceptions that you need to dispel. These myths have to do with the business side of things, along with the maintenance side as well. Overall, this means that the myths and misconceptions can
How to Boost Your Vehicle’s Fuel Efficiency Buying a fuel-efficient car is great, both, for your gas savings and also for the environment. Nonetheless, even if you do not have a car that is geared towards fuel efficiency, simple changes in your driving habits can have a great impact on
How to Use an OBD2 Automotive Diagnostic Tool There are many reasons why you would want to purchase a diagnostic scan tool for your car. These include check-engine lights that do not turn off, malfunctioning indicator lights inside the car, and also to inspect live data from the car. Knowing
Electric Vehicles are now the Logical Choice With the emerging concerns of climate change and the global warming crises edging out its disastrous effects, people are starting to take electric vehicles more seriously. Every capable nation is making policy changes and introducing innovative industrial solutions to reduce their carbon footprints
Own a Classic Car Follow these Standard Maintenance Tips (PDF Article) If you own a classic car, then it is clear that you will not be using it for daily commutes. Instead, much of your maintenance will focus on storing the car and keeping it in running conditions. Nonetheless, tips
The Latest Automobile Industry Trends In 2021 (PDF) The Automotive Industry is one that is always subject to change and rapid innovations. Since automobiles are the primary source of transport for the world, tough competition before carmakers results in ever-changing and rapidly expanding trends of the industry. Below, are a
7 Best Safety Tips from Expert Drivers in the World It is estimated that roughly 1 billion people in the world drive cars, or know how to drive a car. That is a significant portion of the world’s population. Sadly, if you think about how many people actually follow
How you Should Buy Aftermarket Items for Your Car Aftermarket items refer to those car parts that aren’t included in the vehicle when you buy them and are meant to be purchased and installed separately. It can be a muffler, spoiler, fender, or anything else that will be added to
Most automakers have released second-quarter data, but many do not provide monthly figures. Mercedes-Benz and Jaguar Land Rover will release their results later this month. Q2 2021 Q2 2020 6Mo 2021 6Mo 2020 Q2 Change Percentage Increase 6Mo Change Percentage Increase Acura 50,496 27,458
54 New Car Dealerships Shut Down in 2020 The number of U.S. dealerships dropped in 2020 after steady gains for the last 10 years. Back in 2012 as the US was recovering from the great recession, there were 17,858 new car dealerships in America. the count at the beginning of
State Farm 17c Letter Below is a copy of a cookie-cutter letter State Farm Insurance sends their policyholders after they receive a demand for Diminished Value. The letter clearly references the Mabry V State Farm court case and the DV amount being offered is based on a formula from the
List of the top 5 vehicles appraised year to date for Diminished Value. 1 Toyota Camry 3.83% 2 Ford F150 3.46% 3 Honda CR-V 2.36% 4 Honda Accord 2.28% 5 Toyota Corolla 2.14% 2020 versus 2019 2020 2019 1 Toyota Camry Toyota Camry 2 Ford F150 Ford
China’s passenger-vehicle market share by brand county of origin 2017-2020 China is the world’s number 1 car market, many companies compete for a chunk of the market share. Some have made progress in the last 4 years and other have shrunk. Below is a table showing the market share in
Rule 120-2-52-.06. Total Loss Vehicle Claims in Georgia. Comparable vehicles within 50 miles, then 100 then book value.
Sample Diminished Value Demand Letter (pdf) September 10, 2019 Vehicle Owner Address Line 1 Address Line 2 Insurance Company Adjuster’s Name Address Line 1 Address Line 2 Claim #: (example 123456-2) Date of loss: (example 11/14/2018) At-Fault Driver’s Name Dear ________, With regards to the insurance claim referenced above,
Top 15 Most Common Diminished Value Questions Asked by our Customers: Q1: Can I file a Diminished Value claim against my own policy? YES. In Georgia, even if you’re at fault, your insurance company is required to compensate you for your loss in resale value on an accepted claim. There
Want a car that looks 4 times more expensive than it really is? Want the valet to park your car upfront? Do want all of this under 40K and have factory warranty? The car for you is the 2014 Maserati QuattroPorte. This is not the middle manager size Ghibli, this
What is Settlement Funding? Settlement Funding, otherwise known as Pre-Settlement Funding, Littigation Funding, Lawsuit Loans, Lawsuit Cash Advance, Litigation Advance Loan, or Lawsuit Advance Loan is a type of unsecured loan offered to plaintiffs at an interest rate that is usually way above market. This loan is a type of non-recourse
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.
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