Appraiser Blog

Auto Market Update Week Ending Oct 7, 2023

Auto Market Update Week Ending October 7, 2023 (PDF) The United Auto Workers (UAW) strike continues to cast a shadow over the automotive industry. In the latest developments, last week’s auction activity exhibited a noticeable slowdown. Buyers approached the market with caution as negotiations with major players like Ford, Stellantis,

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What Is a Branded Title? A Comprehensive Guide for Buyers

Understanding Branded Titles: Navigating Types, Risks, and Rewards (PDF) When shopping for a used car, you might come across the term “branded title,” and wonder what it means and whether it’s a good deal. In this comprehensive guide, we’ll delve into the world of branded titles, exploring their meaning, types,

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2019 Lexus NX 300 Diminished Value Case Study

2019 Lexus NX 300 Diminished Value Case Study (PDF) In the world of luxury SUVs, the 2019 Lexus NX 300 is undoubtedly a standout choice, celebrated for its style, comfort, and an array of high-end features. However, what happens when your beloved Lexus encounters an unexpected mishap on the road?

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Auto Market Update September 2023 | Car Market Trends

Auto Market Update – September 2023: Navigating the UAW Strike and Market Resilience (PDF) In the heart of September 2023, the automotive market stands at a crossroads. The United Auto Workers (UAW) strike continues to loom large, impacting production, supply chains, and buyer sentiment. Yet, amidst this uncertainty, the market

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Can Chinese Electric Car Makers Overcome US Trade Barriers?

Chinese Electric Car Makers: From Elon Musk’s Mockery to European Domination – Can They Break into the US Market? (PDF) In 2011, when Elon Musk was asked about the threat posed by the Chinese electric car manufacturer BYD to Tesla, he chuckled, dismissing them as inconsequential. Fast forward to today,

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Are Electric Vehicle Repairs Really More Expensive?

Collision Costs for EVs vs. Non-EVs: Are EV Repairs Really More Expensive? (PDF) Electric vehicles (EVs) have been making waves in the automotive industry, touted for their environmental benefits, lower operational costs, and cutting-edge technology. However, one aspect that often goes under the radar is the cost of repairing collision

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Pre-Owned EVs and Tax Credits: Everything You Need to Know

Pre-Owned EVs and Tax Credits: Everything You Need to Know (PDF) Navigating the world of pre-owned electric vehicle (EV) sales has become a source of anxiety for car dealers across the United States. They are urgently seeking guidance from the U.S. Treasury Department to clarify the intricacies of what counts

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Auto Market Update Week Ending Sep 23, 2023

Auto Market Update Week Ending September 23rd, 2023 (PDF) The automotive market has had an eventful week, dominated by the United Auto Workers (UAW) strike, which has left the industry with mixed signals. While overall depreciation rates are slowing down, the real story lies in the details. Check here for

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Auto Market Update Week Ending Sep 16, 2023

Auto Market Update Week Ending September 16th, 2023 (PDF) Last week in the auto market was marked by some intriguing developments, with both challenges and opportunities emerging as we approach the end of September. Here’s a breakdown of the key trends and data that are shaping the market:   This

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A Closer Look at August’s Forecasted Rise in US Auto Sales

Breaking Boundaries: Analyzing the 15.4% Forecasted Jump in US Auto Sales for August (PDF) The United States automotive market gears up for an anticipated surge in new vehicle sales, offering a glimpse into a dynamic landscape shaped by an intricate interplay of factors. Industry experts’ insights reveal that August is

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Stellantis and GM Lead Minority-Owned Dealership Expansion

Stellantis and GM Lead the Charge in the Automotive Industry’s Significant Minority Dealer Growth Since 2012 The year 2022 witnessed a remarkable surge in the U.S. automotive sector as 110 minority-owned dealerships were added, signifying an unprecedented trend in over a decade where the tally saw a triple-digit rise for

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Auto Market Update Week Ending Aug 12, 2023

Auto Market Update Week Ending August 12th, 2023 (PDF) In this week’s auto market update, wholesale price adjustments have taken center stage, reflecting a fervent push by remarketers to facilitate quicker vehicle turnover. The past week witnessed a notable surge in price corrections across a spectrum of segments, most prominently

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2023 Ford Ranger Loss in Value Case Study

2023 Ford Ranger Diminished Value Case Study (PDF) Embodying the spirit of a capable mid-size pickup, the 2023 Ford Ranger continues to hold its own amidst a landscape dominated by larger truck models such as the F-150 and the emerging Maverick compact. While it’s no longer the smallest contender in

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US Auto Dealership Group Rankings Comparison 2021 vs. 2022

Changing Gears: US Auto Dealership Group Rankings Comparison 2021 vs. 2022 (PDF) Exploring the vibrant landscape of automotive retail, this article delves into the performance and growth of car dealership groups during the pivotal years of 2021 and 2022. Witness significant industry shifts as various dealership conglomerates achieve remarkable sales

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Will Car Prices Drop in 2024 in the US?

Will Car Prices Drop in 2024 in the US? A Comprehensive Analysis (PDF) In recent years, car prices in the US have been on a seemingly relentless upward trajectory, leaving car shoppers wondering if there will ever be a drop in prices. However, there are signs that the tide may

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Auto Market Update Week Ending Jul 15, 2023

Auto Market Update Week Ending Jul 15, 2023 (PDF) The automotive market witnessed significant shifts during the week ending July 15, 2023, as sellers adjusted their pricing strategies to adapt to changing conditions. These adjustments were reflected in the wholesale price trends, which experienced the most substantial single-week drop since

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Why the 2024 Chevy Blazer EV SS Is Worth the Wait

Chevy Blazer EV SS: A High-Performance Electric SUV Worth the Wait (PDF) Chevrolet’s much-anticipated high-performance electric SUV, the Chevy Blazer EV SS, has been met with excitement and anticipation among automotive enthusiasts. While the release date for the Blazer EV SS has been postponed until next year, the Blazer EV

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Auto Incentives and Rebates Week Ending Jun 24, 2023

Auto Incentives and Rebates Week Ending Jun 24, 2023 (PDF) Welcome to our eagerly awaited weekly update on the most captivating auto incentives and rebates currently available! Whether you’re in search of a sleek new car, a robust truck, or a versatile SUV, we’ve got you covered with the latest

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Auto Market Update Week Ending Jun 10, 2023

Auto Market Update Week Ending Jun 10, 2023 (PDF) In the latest Auto Market Update, the industry witnessed a continuation of declines across most segments, highlighting a trend that surpasses typical expectations for this time of year, especially when compared to pre-COVID market conditions. However, amidst the downward trajectory, the

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