2014 Honda Accord EX-L NAV Diminished Value Claim in Nashville, Tennessee

Regarding our diminished value appraisal of a 2014 Honda Accord EX-L NAV with 34,813 miles that was involved in a front end collision on 10/04/2017 that caused $6,152.13 in damage. The vehicle was not disabled/towed, had structural damage and no air bag deployment. The claimant 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 learned from these examples from sales managers at Honda dealers in Tennessee. One dealer would not even take the car in trade. Also, it would be considered a wholesale or “auction” car especially with amount of damage listed on Carfax, even if it was repaired correctly you could still be looking at a loss of 30% or more. And because of the bad Carfax report, the car owner will have a pretty large loss when it comes to the overall trade in value. Frame damage really hurts the overall perception

The opinions of unbiased experts form the basis for the most comprehensive Auto Diminished Value Appraisal 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.

Honda Diminished Value Nashville TennesseeDealers 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 Honda dealers in Tennessee 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 Front with damage to structural components and no air bag deployment. Repair cost $6,152.13. LKQ (used) and/or aftermarket parts were utilized in the repair/not factored in to the diminished value.

The average of six (6) deductions was 32.50%. 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 $15,500.00 at the time of loss. The Diminished Value was $5,037.50.

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QUESTIONS & ANSWERS ABOUT AUTOMOBILE DIMINISHED VALUE

paypal payment buttonThe fee for an Automobile Diminished Value Report is $275.00. You may also make your Credit Card Payment by telephone, call 772-359-4300.

After making your secure payment please email the completed body shop estimate or insurance company damage appraisal to contact@stlucieappraisal.net

Service in Memphis, Nashville, Knoxville, Chattanooga, Clarksville, Murfreesboro, Franklin, Jackson, Johnson City, Bartlett, Hendersonville, Kingsport, Collierville and throughout Tennessee.
Anderson, Bedford, Benton, Bledsoe, Blount, Bradley, Campbell, Cannon, Carroll, Carter, Cheatham, Chester, Claiborne, Clay, Cocke, Coffee, Crockett, Cumberland, Davidson, Decatur, DeKalb, Dickson, Dyer, Fayette, Fentress, Franklin, Gibson, Giles, Grainger, Greene, Grundy, Hamblen, Hamilton, Hancock, Hardeman, Hardin, Hawkins, Haywood, Henderson, Henry, Hickman, Houston, Humphreys, Jackson, Jefferson, Johnson, Knox, Lake, Lauderdale, Lawrence, Lewis, Lincoln, Loudon, McMinn, McNairy, Macon, Madison, Marion, Marshall, Maury, Meigs, Monroe, Montgomery, Moore, Morgan, Obion, Overton, Perry, Pickett, Polk, Putnam, Rhea, Roane, Robertson, Rutherford, Scott, Sequatchie, Sevier, Shelby, Smith, Stewart, Sullivan, Sumner, Tipton, Trousdale, Unicoi, Union, Van Buren, Warren, Washington, Wayne, Weakley, White, Williamson and Wilson Counties.

 

DID YOUR AUTO BODY SHOP TELL YOU ABOUT DIMINISHED VALUE?

When an auto body shop owner goes out of his way to recommend an independent auto appraiser such as The St. Lucie Appraisal Company to prepare a customer’s automobile diminished value appraisal, it demonstrates their commitment to good customer service. These guys are the ones who realize that their job doesn’t end when the car is detailed and they’ve been paid. Making sure that you are aware of your right to make a third-party inherent diminished value claim against the insurance company of the person who caused the accident is part of making you whole. After collision repairs, your car has a repair history – a bad Carfax – and, as a result, is worth less. In cases of severe damage, your car may lose up to half of it’s pre-accident value. This is known as diminished value and you have the right to make a claim to be reimbursed.

AUTO BODY SHOPS AND DIMINISHED VALUE CLAIMS

Our company has been endorsed by collision repair shops in all 50 states. In some cases, a single body shop owner will send as many as a dozen clients our way each year. This tells us we’re doing a great job. Nothing demonstrates that like repeat business. The same applies to car dealers, insurance agents and attorneys that regularly refer clients to us.

Your auto body shop and diminished value.The St. Lucie Appraisal Company prepares Automobile Diminished Value Reports the right way – by consulting multiple experts in the business of buying, selling, auctioning and trading cars – sales managers at new car dealerships. Unlike other independent auto appraisers who use formulas, algorithms and other short-cuts, we pick up the phone and obtain six unbiased expert opinions. Ours is a strong report that has been successful in both the claims process and legal proceedings.

Consult with an independent auto appraiser who can convey proof of your car’s diminished value. Choose one who is both competent and experienced in delivering expert trial testimony when needed. The St. Lucie Appraisal Company has gained a positive reputation for furnishing excellent support throughout the claims process and beyond.

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Service throughout Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin and Wyoming

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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.

TESLA AND OTHER EXOTIC CAR OWNERS PLEASE CALL FOR RATES.

After making your secure payment please email the body shop estimate or insurance company appraisal to contact@stlucieappraisal.net

 

 

CADILLAC XT5 LUXURY DIMINISHED VALUE CLAIM IN MIAMI, FLORIDA

Regarding our diminished value appraisal of a 2017 Cadillac XT5 Luxury SUV with 11,114 miles that was involved in a front end collision on 1/10/18 that caused $16,634.59 in damage. The vehicle was disabled/towed and had structural damage and air bag deployment. The claimant 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 learned from these examples from sales managers at Cadillac dealers in South Florida. – You would lose between 25% at minimum off the trade-in-value due to it having frame damage. Also anytime a car or truck has reported frame damage you will lose 30% or higher depending on the vehicles value because they have to sell at auction and have to disclose this damage to potential buyers which makes it a hard sale. And typically that when you have a vehicle with frame damage and it was towed from the scene you are looking at taking a big hit

The opinions of unbiased experts form the basis for the most comprehensive Auto Diminished Value Appraisal 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.

Cadillac diminished value www.stlucieappraisal.netDealers 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 Cadillac dealers in South Florida 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: Disabling collision damages to the Front with damage to structural components and air bag deployment. Repair cost $16,634.59. 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 31.25%%. 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 $35,000.00 at the time of loss. The Diminished Value was $10,937.50.

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QUESTIONS & ANSWERS ABOUT AUTOMOBILE DIMINISHED VALUE

paypal payment buttonThe fee for an Automobile Diminished Value Report is $275.00. You may also make your Credit Card Payment by telephone, call 772-359-4300.

After making your secure payment please email the completed body shop estimate or insurance company damage appraisal to contact@stlucieappraisal.net

Service in Altamonte Springs, Boca Raton, Boynton Beach, Bradenton, Cape Coral, Clearwater, Coconut Creek, Coral Springs, Davie, Daytona Beach, Delray Beach, Deltona, Fort Lauderdale, Fort Pierce, Gainesville, Hialeah, Hollywood, Homestead, Jacksonville, Jupiter, Kissimmee, Lakeland, Largo, Lauderhill, Margate, Melbourne, Miami, Miami Beach, Miami Gardens, Miramar, North Port, Ocala, Orlando, Palm Bay, Pembroke Pines, Pensacola, Plantation, Pompano Beach, Port Orange, Port St. Lucie, St. Petersburg, Sanford, Stuart, Sunrise, Tallahassee, Tamarac, Tampa, Vero Beach, Wellington, Weston and throughout Florida.
Alachua, Baker, Bay ,Bradford, Brevard, Broward, Calhoun, Charlotte, Citrus, Clay, Collier, Columbia, De Soto, Dixie, Duval, Escambia, Flagler, Franklin, Gadsden, Gilchrist, Glades, Gulf, Hamilton, Hardee, Hendry, Hernando, Highlands, Hillsborough, Holmes, Indian River, Jackson, Jefferson, Lafayette, Lake, Lee, Leon, Levy, Liberty, Madison, Manatee, Marion, Martin, Miami-Dade, Monroe, Nassau, Okaloosa, Okeechobee, Orange, Osceola, Palm Beach, Pasco, Pinellas, Polk, Putnam, St. Johns, St. Lucie, Santa Rosa, Sarasota, Seminole, Sumter, Suwannee, Taylor, Union, Volusia, Wakulla, Walton and Washington Counties.

Honda CR-V EX-L Diminished Value Claim in Indianapolis, Indiana

Regarding our diminished value appraisal of a 2016 Honda CR-V EX-L Navigation AWD SUV with 14,685 miles that was involved in a front and rear-end collision on 10/18/17 that caused $11,886.72 in damage. The vehicle was disabled/towed and had structural damage.The claimant 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 learned from these examples from sales managers at Honda dealers in Indiana. – When you have structural frame damage on a Carfax you will lose 30% to possibly 50% of the value on vehicle if you try and trade it in. It ends up in auction because dealers can’t finance it or certify it and it may not sell at all – it’s really a risk. Also that when cars have structural damage it’s a red flag and it will devalue the vehicle at least 25% most likely much more.

The opinions of unbiased experts form the basis for the most comprehensive Auto Diminished Value Appraisal 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.

2016 Honda diminished value www.stlucieappraisal.netDealers 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 Honda dealers in Indiana 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: Disabling collision damages to the Front and Rear with damage to structural components and no air bag deployment. Repair cost $11,886.72. LKQ (used) and/or aftermarket parts were utilized in the repair/not factored in to the diminished value.

The average of six (6) deductions was 32.92%. 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 $27,750.00 at the time of loss on 10/18/17. The Diminished Value was $9,135.30.

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QUESTIONS & ANSWERS ABOUT AUTOMOBILE DIMINISHED VALUE

paypal payment buttonThe fee for an Automobile Diminished Value Report is $275.00. You may also make your Credit Card Payment by telephone, call 772-359-4300.

After making your secure payment please email the completed body shop estimate or insurance company damage appraisal to contact@stlucieappraisal.net

Service in Indianapolis, Fort Wayne, Evansville, South Bend, Carmel, Fishers, Bloomington, Hammond, Gary, Lafayette, Muncie, Terre Haute, Kokomo, Noblesville, Anderson, Greenwood, Elkhart and throughout Indiana.

Vehicle Valuation Report for Title and Registration – Auto, Truck, RV, Motorcycle and Heavy Equipment

The St. Lucie Appraisal Company prepares valuation and diminished value appraisals for all types of cars, trucks, RVs, motorcycles and heavy equipment in all 50 states. In each county of every state, motor vehicles being titled and registered for tags and license plates are assessed a tax based on the vehicle’s value. If your car was ever involved in a collision, especially one involving severe damage that included structural (frame) damage or air bag deployment, you are paying up to double the amount you pay for motor vehicle title and registration taxes. For example, if you own a late-model Audi, Bentley, BMW, Cadillac, Ferrari, INFINITI, Jaguar, Lamborghini, Land Rover, Lexus, Lincoln, Lotus, Maserati, Mercedes-Benz, Porsche, Rolls-Royce or Tesla which the state values at $50,000, your motor vehicle tax is approximately $3,500.00. However, the same car showing a bad Carfax, Autocheck or other repair history report may have an actual value of up to 50% less. The resultant tax saving would be $1,750.00. If your motor vehicle is worth more, your savings increase exponentially. RVs such as Prevost, Newmar or Featherlite and heavy trucks such as Mack, Kenworth, Peterbilt or Volvo that have been repaired after collisions aren’t worth nearly as much as those that were never wrecked. The motor vehicle tax saving on a half-million-dollar vehicle could be in the tens of thousands of dollars.

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Call The St. Lucie Appraisal Company at 772-359-4300 to inquire about obtaining a vehicle valuation appraisal when you obtain a title for a high-end vehicle or next time you renew your registration.




The cost to obtain a vehicle valuation appraisal is $275.00. Use the payment button above and email either your vehicle’s Carfax report or repair estimate from the body shop or insurance company to contact@stlucieappraisal.net. You will receive a signed vehicle valuation appraisal from a licensed motor vehicle appraiser via email in one week.

Service throughout
Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi , Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming

A BMW Diminished Value Claim in South Carolina

Regarding our diminished value appraisal of a 2016 BMW 328i Turbo Sedan with 22,606 miles that was involved in a Left Side collision that caused $7,343.25 in damage. The car was disabled/towed  and had structural damage without air bag deployment.The claimant 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 learned from these examples from sales managers – Normally, structural damages even properly repaired will result in a 40% loss in value. Also that the dealer can’t sell a car whose frame was compromised and also that it will be hard to find a bank that would finance the vehicle. The opinions of unbiased experts form the basis for a comprehensive Auto Diminished Value Appraisal. We obtain six of them which puts an appraisal 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 BMW dealers in South Carolina 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: Disabling collision damages to the Left Side including structural components. Repair cost $7,343.25. 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 30.83%. 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 $27,500.00 at the time of loss. Diminished Value = $8,478.25.

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QUESTIONS & ANSWERS ABOUT AUTOMOBILE DIMINISHED VALUE

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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.

After making your secure payment please email the completed body shop estimate or insurance company damage appraisal to contact@stlucieappraisal.net

Service in Indianapolis, Fort Wayne, Evansville, South Bend, Carmel, Fishers, Bloomington, Hammond, Gary, Lafayette, Muncie, Terre Haute, Kokomo, Noblesville, Anderson, Greenwood, Elkhart and throughout Indiana.

Porsche Macan Diminished Value Claim in Redmond, Washington

Regarding our diminished value appraisal of a 2016 Porsche Macan with 17,289 miles that was involved in a Front End Collision that caused $16,759.37 in damage. The car was disabled/towed and had no structural damage or air bag deployment.The claimant 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 learned from these examples from sales managers at Porsche dealerships in Washington, Oregon and surrounding states- Porsche dealers would have to wholesale the car and would not resell it on the lot. Also, normally buyers when spending this kind of money on a vehicle would like to see a clean Carfax and will expect a “deal”  and also at one dealership if the car has 16k worth of damage  you are looking at a huge loss of value – at least 25%.

The opinions of unbiased experts form the basis for the most comprehensive Auto Diminished Value Appraisal 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 Porsche dealers in Washington and surrounding states 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: Disabling collision damages to the Front not including damage to structural components and no air bag deployment. Repair cost $16,759.37. 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 22.92%. 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 $47,500.00 at the time of loss. The Diminished Value was $10,887.00.

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QUESTIONS & ANSWERS ABOUT AUTOMOBILE DIMINISHED VALUE

paypal payment buttonThe fee for an Automobile Diminished Value Report is $275.00. You may also make your Credit Card Payment by telephone, call 772-359-4300.

After making your secure payment please email the completed body shop estimate or insurance company damage appraisal to contact@stlucieappraisal.net

Service in Seattle, Spokane, Tacoma, Vancouver, Bellevue, Kent, Everett, Renton, Yakima, Federal Way, Spokane Valley, Kirkland, Bellingham, Kennewick, Auburn, Pasco, Marysville, Lakewood, Redmond, South Hill, Shoreline, Richland, Sammamish, Burien, Olympia and throughout Washington.

Mazda CX5 Touring FWD SUV Diminished Value Claim in Fort Myers, Florida

Regarding our diminished value appraisal of a 2018 Mazda CX5 Touring FWD Tech Package SUV with 4,197 miles that was involved in a left side collision that caused $2,230.77 in damage. The vehicle was not disabled/towed and had no structural damage or air bag deployment.The claimant 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 learned from these examples from sales managers at Mazda dealers in Florida. – With a bad Carfax, a practically new car, even with minor damage, will lose thousands of dollars in value. Also, while we personally disagree, that keeping the car would be the best option.

The opinions of unbiased experts form the basis for the most comprehensive Auto Diminished Value Appraisal 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.

MAXDA DIMINISHED VALUE APPRAISER FLORIDA 772-359-4300Dealers 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 Mazda dealers in Florida 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 Left Side with no damage to structural components and no air bag deployment. Repair cost $2,230.77. 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 20.96%. 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 $20,000.00 at the time of loss. The Diminished Value was $4,192.00.

READ CUSTOMER REVIEWS OF THE ST. LUCIE APPRAISAL COMPANY

QUESTIONS & ANSWERS ABOUT AUTOMOBILE DIMINISHED VALUE

paypal payment buttonThe fee for an Automobile Diminished Value Report is $275.00. You may also make your Credit Card Payment by telephone, call 772-359-4300.

After making your secure payment please email the completed body shop estimate or insurance company damage appraisal to contact@stlucieappraisal.net

Service in Altamonte Springs, Boca Raton, Boynton Beach, Bradenton, Cape Coral, Clearwater, Coconut Creek, Coral Springs, Davie, Daytona Beach, Delray Beach, Deltona, Fort Lauderdale, Fort Pierce, Gainesville, Hialeah, Hollywood, Homestead, Jacksonville, Jupiter, Kissimmee, Lakeland, Largo, Lauderhill, Margate, Melbourne, Miami, Miami Beach, Miami Gardens, Miramar, North Port, Ocala, Orlando, Palm Bay, Pembroke Pines, Pensacola, Plantation, Pompano Beach, Port Orange, Port St. Lucie, St. Petersburg, Sanford, Stuart, Sunrise, Tallahassee, Tamarac, Tampa, Vero Beach, Wellington, Weston and throughout Florida.
Alachua, Baker, Bay ,Bradford, Brevard, Broward, Calhoun, Charlotte, Citrus, Clay, Collier, Columbia, De Soto, Dixie, Duval, Escambia, Flagler, Franklin, Gadsden, Gilchrist, Glades, Gulf, Hamilton, Hardee, Hendry, Hernando, Highlands, Hillsborough, Holmes, Indian River, Jackson, Jefferson, Lafayette, Lake, Lee, Leon, Levy, Liberty, Madison, Manatee, Marion, Martin, Miami-Dade, Monroe, Nassau, Okaloosa, Okeechobee, Orange, Osceola, Palm Beach, Pasco, Pinellas, Polk, Putnam, St. Johns, St. Lucie, Santa Rosa, Sarasota, Seminole, Sumter, Suwannee, Taylor, Union, Volusia, Wakulla, Walton and Washington Counties.

BMW 328i Turbo Sedan Diminished Value Claim in Greenville, South Carolina

Regarding our diminished value appraisal of a 2016 BMW 328- Turbo Sedan with 22,606 miles that was involved in a left-side collision that caused $7,343.25 in damage. The vehicle was disabled/towed and had structural damage. The claimant 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 learned from these examples from sales managers at BMW dealers in South Carolina. Normally frame damage, even with proper repairs, will result in a 30%-50% loss in value. Also that frame damage is a red flag on a Carfax and dealers will have to sell for a lot less and that is why they can’t give you the book value – the cars integrity has been compromised.   And that it will be hard to find a  bank that will finance a vehicle like this and the diminished value may be 25% at minimum; maybe more.

The opinions of unbiased experts form the basis for the most comprehensive Auto Diminished Value Appraisal 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.

diminished value appraiser south carolina 772-359-4300Dealers 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 BMW dealers in South Carolina 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: Disabling collision damages to the Left Side with damage to structural components and no air bag deployment. Repair cost $7,343.25. 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 30.83%. 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 $27,500.00 at the time of loss which was 11-15-17. The Diminished Value was $8,478.25.

paypal payment buttonThe fee for an Automobile Diminished Value Report is $275.00. You may also make your Credit Card Payment by telephone, call 772-359-4300.

After making your secure payment please email the completed body shop estimate or insurance company damage appraisal to contact@stlucieappraisal.net

Service in Columbia, Charleston, North Charleston, Greenville, Rock Hill, Mount Pleasant, Spartanburg, Sumter, Hilton Head, Florence and throughout South Carolina.
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Lexus ES 300h Diminished Value Claim in San Diego, California

Regarding our diminished value appraisal of a 2017 Lexus ES 300h 4 Door Sedan with 42,822 miles that was involved in a rear-end collision in August 2017 that caused $16,729.75 in damage. The vehicle was not disabled/towed and had structural damage.The claimant 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 learned from these examples from sales managers at Lexus dealers in Southern California. Typically a Lexus dealer could not sell it unless it was at an auction-huge loss of value-you would lose 30-40%. Also, 30% loss off the book value maybe even more – the accident was severe and the cars integrity is compromised and hard sell and a liability for the dealer. And if you have that type of accident and damage, the buyers won’t buy it. The more high line of the car the more of a loss it will take.

The opinions of unbiased experts form the basis for the most comprehensive Auto Diminished Value Appraisal 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 Lexus dealers in Southern California 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 Rear with damage to structural components and no air bag deployment. Repair cost $16,729.75. 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 32.08%. 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 $30,000.00 at the time of loss. The Diminished Value was $9,624.00.

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QUESTIONS & ANSWERS ABOUT AUTOMOBILE DIMINISHED VALUE

paypal payment buttonThe fee for an Automobile Diminished Value Report is $275.00. You may also make your Credit Card Payment by telephone, call 772-359-4300.

After making your secure payment please email the completed body shop estimate or insurance company damage appraisal to contact@stlucieappraisal.net

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