MASSACHUSETTS CAR OWNERS SEEKING DIMINISHED VALUE ARE ADVISED TO READ THIS ARTICLE

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The St. Lucie Appraisal Company provides independent diminished value reports for vehicle owners in Worcester and throughout Massachusetts. We serve all ZIP Codes listed below.

Our diminished value report of a Mercedes-Benz S550 AWD Sedan in Worcester, MA with 133,689 Miles that was involved in a right front collision that caused $4,615.75 in damage. The car was not disabled/towed  and had  no structural damage or air bag deployment.The claimant hired an independent auto appraiser and made a third-party inherent auto diminished value claim for the vehicle’s loss in value. Once a car is repaired after a collision, it is worth less, often much less depending on the severity of the damage. Regardless of how well the repairer did his job, nobody will pay as much for a previously wrecked car as they would for an identical one that was never in an accident. Presenting a diminished value claim and following it through to a satisfactory conclusion is a daunting task for the average person. Obtaining a comprehensive Diminished Value Report is key.

WE DON’T USE FORMULAS, ALGORITHMS, AD COMPARISONS OR OTHER SHORT CUTS
SIX UNBIASED DEALER QUOTES IN EVERY REPORT TO VALIDATE OUR RESEARCH
TELEPHONE CONSULTATIONS ALWAYS FREE-OF-CHARGEWe learned from these examples from sales managers at Mercedes-Benz dealerships in Massachusetts- Many Mercedes-Benz dealers won’t retail cars with a bad Carfax and send them right to auction. Also that even repaired well,  the car will lose a few thousand dollars. The opinions of unbiased experts form the basis for the most comprehensive Auto Diminished Value rEPORT available. We obtain six of them which absolutely  puts the diminished value figure prepared by The St. Lucie Appraisal Company in the ballpark. This is what the car owner will experience in the real world.

Dealers providing opinions regarding diminished value were given information specific to this vehicle including year, make, model, mileage, color, options, any other pertinent equipment, date of loss as well as the nature of the repaired damages and the manner in which the vehicle was repaired. Dealer opinions are based on personal knowledge and access to auction results. Dealers were advised that this vehicle was properly repaired.

We contacted several Mercedes-Benz dealers in Massachusetts in order to establish how these repairs and the resultant repair history would impact this vehicle’s Fair Market Value (FMV.) Dealers were provided with an evaluation of the vehicle’s condition both prior and subsequent to repairs.

Description of damage: Non-disabling collision damages to the right front not including  damage to structural components. Repair cost $4,615.75  LKQ (used) and/or aftermarket parts were not utilized in the repair/not factored in to the diminished value.

The average of six (6) deductions was 12,73%. This is the percentage of Diminished Value to be taken from the FMV at the time of loss.

We established that the above captioned vehicle had a Fair Market Value (Average Trade-In Value) of approximately $22,000.00 at the time of loss. Diminished Value = $2,800.60.

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Click on the payment button above to pay by Credit Card or Paypal. The fee for an Automobile Diminished Value Report is
$275.00. You may also make your Credit Card Payment by telephone, call 772-359-4300.

Before making your secure payment please email the body shop estimate or insurance company appraisal to contact@stlucieappraisal.net TESLA AND OTHER EXOTIC CAR OWNERS PLEASE CALL FOR RATES.

This is an Open Education resource focused on auto diminished value, collective knowledge and the sharing of scholarly content.AUTODIMINISHEDVALUE.COM and TOTALLOSSDISPUTE.COM are services of The St. Lucie Appraisal Company
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