Home Auto Appraiser Blog Page 23

Appraiser Blog

Auto Market Update Week Ending Mar 18, 2023

Auto Market Update Week Ending Mar 18, 2023 (PDF)   Last week, the market continued to grow, with gains exceeding what is normally seen at this time of year. It was around this time of year that some segments started moving into positive territory before COVID, but the majority of

Read More

Auto Incentives and Rebates Week Ending Mar 25, 2023

Auto Incentives and Rebates Week Ending Mar 25, 2023 (PDF)   A summary of retail incentives for the week ending March 25 is provided in the table below. We did have some major changes compared to the previous week, especially with Mazda and Volkswagen making the most significant ones. Programs

Read More

Tesla Starts 2023 Leading the US Luxury Car Market

Tesla Starts 2023 Leading the US Luxury Car Market (PDF) In the month of January, Tesla became the luxury market leader in the United States for 2023, with 49,917 new registrations. This represents an incredible number compared to brands such as BMW (31,070 registrations) and Mercedes-Benz (23,345) and Lexus (23,082).

Read More

2020 Ford Explorer Loss in Value Case Study

2020 Ford Explorer Loss in Value Case Study (PDF) It was the Ford Explorer that led to an increase in SUV sales in the early 1990s, and the 2020 model offers a wealth of useful features and popular content. The 2020 Ford Explorer represents a complete rethink of a three-row

Read More

The Future of Intelligent Tires in the Auto Industry

The Future of Intelligent Tires in the Auto Industry (PDF)   In the years to come, as electric vehicles become more popular, tire sensors will likely become smarter and generate more valuable data, industry executives say. That’s an important safety factor. Electric vehicles are usually heavier and generate more torque

Read More

Auto Market Update Week Ending Mar 11, 2023

Auto Market Update Week Ending Mar 11, 2023 (PDF)   During the last week, the market saw its largest single weekly gain in quite some time. The last time we saw a similar gain was in November 2021. Despite abundant activity at the auctions, there were no sales on vehicles,

Read More

Auto Incentives and Rebates Week Ending Mar 18, 2023

Auto Incentives and Rebates Week Ending Mar 18, 2023 (PDF)   A summary of retail incentives for the week ending March 11 is provided in the table below. We did have some major changes compared to the previous week, especially with Stellantis and Nissan making the most significant ones. Programs

Read More

Top Auto Brands Ranked for Responsiveness to Online Customers Inquiries

Top Auto Brands Ranked for Responsiveness to Online Customers Inquiries (PDF)   The Pied Piper PSI Internet Lead Effectiveness Study measured how quickly and effectively dealerships responded to Internet customers’ inquiries. As a result of sending specific questions to 5,428 dealership websites, Pied Piper gave each store a score out

Read More

2019 GMC Sierra 1500 Loss in Value Case Study

2019 GMC Sierra 1500 Loss in Value Case Study (PDF)   While the GMC Sierra 1500 shares many characteristics with the Chevrolet Silverado 1500, it has its own distinctive design and exclusive features. In addition to an adaptive suspension, split-folding tailgate, and carbon-fiber cargo bed, the Sierra comes with retractable

Read More

Can I Get a Tax Credit for Buying an EV in Georgia?

Can I Get a Tax Credit for Buying an EV in Georgia? (PDF)   In terms of incentives and credits granted to buyers and/or those installing home charging stations, Georgia isn’t particularly friendly to electric cars. Currently, Georgia does not offer tax credits, rebates, or other incentives to electric vehicle

Read More

Auto Market Update Week Ending Mar 4, 2023

Auto Market Update Week Ending Mar 4, 2023 (PDF)   Vehicle valuations are continuing to increase, as are conversion rates at auctions. Week-over-week increases have reached levels we haven’t seen since the fourth quarter of 2021. Compared to the previous week, the overall Car segment increased by +0.46% volume-weighted. Last

Read More

Auto Incentives and Rebates Week Ending Mar 11, 2023

Auto Incentives and Rebates Week Ending Mar 11, 2023 (PDF)   A summary of retail incentives for the week ending March 11 is provided in the table below. We did have some major changes compared to the previous week, especially with Hyundai – Kia making the most significant ones. Programs

Read More

U.S. Car Sales Exceeded Expectations in February

U.S. Car Sales Exceeded Expectations in February (PDF) The demand from both consumers and fleet customers remained strong in February, but automakers are facing a balancing act to maintain profitability with severely underutilized factories. The new vehicle market has reacted well this month, recording sales growth compared to 2022. This

Read More

2022 Nissan Altima Loss in Value Case Study

2022 Nissan Altima Loss in Value Case Study (PDF) As a mid-size sedan, the Nissan Altima fills a void between less desirable and more desirable alternatives, but it doesn’t have any strong selling points to make it irresistible. Instead, the Altima is distinguished by its attractive styling, comfortable cabin, and

Read More

What Auto Brands Are Most Popular With Female Buyers

What Auto Brands Are Most Popular With Female Buyers (PDF)   When it comes to American vehicle purchases, brands like Ram, GMC, Ford, Tesla, and Dodge have the lowest female share. Market research from S&P Global Mobility estimates that only 17% of new Ram personal vehicle registrations in 2022 have

Read More

Auto Market Update Week Ending Feb 25, 2023

Auto Market Update Week Ending Feb 25, 2023 (PDF)   Continuing its upward trend that started three weeks ago, the market gained another 0.21% after gaining 0.14% the week prior. The last time the market gained this much in one week was in May 2022. Compared to the previous week,

Read More

Auto Incentives and Rebates Week Ending Mar 4, 2023

Auto Incentives and Rebates Week Ending Mar 4, 2023 (PDF)   A summary of retail incentives for the week ending March 4 is provided in the table below. We didn’t have many changes compared to the previous week, with only the Volkswagen Group making the most significant changes. Programs may

Read More

US Dealer Groups Show Strong F&I Profits in Q4 2022

US Dealer Groups Show Strong F&I Profits in Q4 2022 (PDF)   The prospect of rising interest rates in 2023 could affect the finance and insurance businesses of publicly traded franchised dealership groups. Six publicly-traded franchised auto retailers might be experiencing a leveling off in their finance-and-insurance gross profit per

Read More

2022 Tesla Model Y Loss in Value Case Study

2022 Tesla Model Y Loss in Value Case Study (PDF) The Y debuted in 2020 as a pioneer of the all-electric small SUV class. It’s similar to Tesla’s Model 3 small sedan but offers a roomier interior for both people and cargo. There is even the option of a third-row

Read More

These Are The Most Popular Vans for Camper Conversions

These Are The Most Popular Vans for Camper Conversions (PDF)   In a campervan, you decide where to drive, where to stop, what and when to eat, drink, and sleep. With the rise of van life, automakers are beginning to sell high-roof cargo vans in the United States, a style

Read More

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