Let’s dive straight into the heart of the matter: the diminished value of a 2022 Volkswagen Jetta after an accident. It’s a topic that many don’t think about until it directly affects them, but it’s crucial for any car owner to understand. After an accident, even with the best repairs,
Imagine the truck market as a vast, bustling highway, where every turn of the year brings new scenery. Recently, this highway has felt more like a roller-coaster—full of unexpected ups and downs. The past few years, with their global pandemics and economic twists, have left everyone asking: What’s next? Now,
Auto Market Update: A Closer Look at the Week Ending February 17, 2024 In the heart of February 2024, amidst the hustle and bustle of daily life, an undercurrent of change subtly moves through the auto market. It’s a realm where numbers tell tales of resilience, trends whisper of the
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
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
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
Understanding the collision repair process is crucial for anyone who finds themselves needing to restore a vehicle to its pre-accident condition. As appraisers, we bring a unique perspective to what constitutes a thorough and trustworthy collision repair process. Our experience allows us to identify the hallmarks of quality repairs, guiding
As the festive fervor of 2023 faded into the rearview mirror, the U.S. light-vehicle market found itself navigating through a January chill. Despite a backdrop of improving inventory, enticing discounts, and robust fleet deliveries, the anticipated surge in sales cooled off, much like the winter air. This period, usually quiet
The appraisal clause is often used in insurance policies to resolve disputes between the policyholder (insured) and the insurance company (insurer) over the value of a covered loss, usually if the car is a total loss or in some diminished value cases. Below are the basic steps for resolving an
Imagine cruising down the sunny streets of Atlanta in your sleek, eco-friendly electric vehicle (EV). The breeze is light, the skies are clear, and your conscience is even clearer, knowing that your choice is helping the planet. But what makes this image even more appealing? The opportunity to benefit financially
Hello, car lovers and future owners! 2024 is just around the corner, and it’s bringing a fleet of amazing cars with it. Let’s jump into the top 13 best cars for 2024 that are set to redefine our roads. Get ready for a blend of style, power, and innovation! The
A Tale of Modest Recovery and Surprising Trends Once upon a time, in the bustling automotive market of 2024, a curious phenomenon began to unfold. As we neared the end of January, the car industry, like a seasoned storyteller, narrated a tale of subtle yet meaningful change. For those navigating
Picture a vibrant used-car dealership in the heart of Atlanta, where vehicles of all make and models line the lot, each a silent testament to the ever-evolving market dynamics. As 2024 unfolds, the used-car market is undergoing a significant transformation. After several years of atypical conditions, signs of normalization are
As the sun sets on another week in the world of automotive commerce, it leaves behind a trail of subtle yet significant changes. The recent trends in vehicle depreciation, a topic often overlooked in mainstream discussions, are painting a fascinating picture of the market’s evolution. This week, we delve deeper
A Fresh Start: Looking Back at 2023 Let’s start with a simple picture. Imagine sitting with a cup of coffee, reading about car sales in 2023. It was a big year for cars in Europe and the USA. In the EU, new car registrations went up by almost 14%. In
As the frost of winter begins to thaw and the promise of spring looms on the horizon, the automotive market is showing intriguing signs of life. In this week’s Auto Market Update, we delve into the shifting tides of the car and truck segments, where the stirrings of market stabilization
In the complex world of auto insurance, understanding the tactics insurance companies use to lowball your diminished value claim is crucial. At Diminished Value of Georgia, we’ve seen firsthand how these strategies can significantly affect your compensation This article explores these tactics and offers insights on how to counter them
A Story of Resilience and Recovery Once upon a time, in the bustling auto markets of the United States, a dramatic shift was unfolding. The year 2023 emerged as a beacon of hope after the tumultuous waves of COVID-19 and the crippling microchip shortage. As these challenges moved into the
Welcome to the complex and often misunderstood world of diminished value claims, especially when it involves a high-value vehicle like the 2023 Chevrolet Corvette. At Diminished Value of Georgia, we’re all about helping you understand and deal with the drop in your car’s value after an accident. 2023 Chevrolet Corvette
In 2023, car dealerships across the country faced a tough reality. Despite working hard to sell cars and keep their businesses running, their pretax profits dropped almost 20% in just nine months. This was a big change from the past, especially after dealing with all the ups and downs in
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.
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