Auto Market Specialty Insights December 2022 (PDF) This month, the only segment to see an increase is snowmobiles. As we head into winter, all other segments are decreasing in value—most by 3.0% or more. The ATVs have taken the largest drop with a decline of 4.4%. Cruisers and Street
GM’s Self-Driving Car Under Safety Investigation Due to Unexpected Braking (PDF) GM’s self-driving vehicle unit Cruise has been the subject of a formal investigation by U.S. automotive safety officials. A filing with the National Highway Traffic Safety Administration reveals the agency has received complaints about self-driving vehicles, retrofitted Chevrolet
Are Evs More Reliable Than Gasoline And Hybrid Cars? (PDF) When we think about EVs, we tend to doubt their reliability more than gasoline cars, due to their recent time in the auto market. Therefore, among all the different models, the Nissan Leaf and Tesla Model 3 are the
Auto Market Update Week Ending December 17th, 2022 (PDF) Prices continue to decline while sales rates remain low. However, we saw a smaller price decline than last week. Volume-weighted, the overall Car segment decreased by -0.83%, while last week, cars decreased by -0.86%. Two of the nine-car segments reported
2021 Honda Civic EX Loss In Value Case Study (PDF) The Honda Civic has always been the favorite choice of those who like cars with spacious interiors and unique designs. The 2021 Civic EX edition has the best of both worlds to increase driving enjoyment. This model of the Honda
Production Of New Honda Fuel Cell EVs To Start In 2024 (PDF) Honda announced that starting in 2024, it will produce an all-new hydrogen fuel cell electric vehicle (FCEV). Based on the recently launched Honda CR-V, the new zero-emissions vehicle will contribute to Honda’s goal to make battery electric
How To Buy a Car The Right Way In 2022 (PDF) Car shoppers don’t enjoy the process of searching for a vehicle at all. They typically feel like they’re getting ripped off by higher prices and smaller inventory, but it doesn’t have to be this way! Before the pandemic
Auto Market Update Week Ending December 10th, 2022 (PDF) Sales rates are lower than they should be, and this is worrisome to shoppers who are afraid they’re buying products that will take too long to sell. With values going down every week, many buyers hesitate to buy anything new.
How To Discover If Your Car Was Recalled And If Is Safe To Drive (PDF) There have been 50 million cars with open recalls on the roads. Many Fords, Nissan, Hyundai and Honda cars were recently added to the National Highway Traffic Safety Administration list. If a manufacturer notices
Why Are Automakers Dropping AM Radio? (PDF) When the BMW i3 arrived in the US more than 8 years ago, it lacked a traditional AM radio. It took hackers about a year to find a way to tweak its software so that they could have an AM radio and
Top 10 Used Cars To Stay Away From (PDF) New and used cars offer drivers safety, reliability, fuel economy, and better technology than ever before. All of this comes at an affordable price too. However, not all vehicles are created equal. There are a few things to look out for
America’s Favorite Car Colors of 2022 (PDF) In the early days of the automobile, cars imitated horse-drawn carriages by being black and this is why when Ford began production of its classic Model T there was only one color choice: black. The colors also tell about the times. In
Volvo Sales Remain Up Despite Supply Chain Issues (PDF) Volvo has been one of the biggest car manufacturers on the market for quite some time. The Swedish company sales were up nearly 9% year-over-year in October, and it saw significant growth in its Recharge EV sales, which are now
Car Imports Are More Welcome In The U.S. Than In Europe or China (PDF) The car trade industry changes constantly, and the outcome can depend on a number of factors. For example, car manufacturers may try to gain new traction by opening factories in developing countries or promoting new
EVs Sales Are Expected To Achieve Half Of The Auto Market By 2030 (PDF) Automotive executives think that more than 50% of car sales will be electric by 2030. This aligns with Vice President Joe Biden’s goal, and incentives like the $374 billion US climate spending package. The incentives
Top 10 Cars That Most Held Market Value (PDF) When you buy a new car, its value will depreciate right away. New research from iSeeCars.com has found that car depreciation has been getting much less than it used to be, which is great for car buyers. This is largely due
What Is The Life Of an Electric Car Battery? (PDF) One of the first things electric car shoppers usually wonder is, “How far can it go?” It’s a question that makes sense considering the battery pack is typically the costliest component in an EV. When you buy a gas-powered
Vietnamese Automaker VinFast Exports First EVs To The U.S. (PDF) VinFast celebrated the success of its first batch of all-electric cars being exported to international markets on 25 November. The Vietnamese automaker has sent a total of 999 units of the VF 8 model to the US. The ship
What cars will be discontinued in the year 2023? (PDF) This year has seen many changes in the car market, with more SUVs on the road than ever before. Sedans are becoming less common, but that doesn’t mean there aren’t any left. If you’re interested in finding a great
Top 10 Alternative Types of Car Doors (PDF) Cars have become a popular means of transportation. They come in different colors, designs, and sizes, with plenty to choose from. Cars are a necessity for long distances that would take hours by foot or animal. They’ve allowed humans to travel
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.
Diminished Value of Georgia is powered by Appraisal Engine Inc™ | All Rights Reserved.
