THE INDEPENDENT APPRAISER’S ROLE IN AUTOMOBILE DIMINISHED VALUE CLAIMS
The independent appraiser should not be part of the claim in which the automobile diminished value is in question, but is usually brought in from the outside to preserve impartiality. The St. Lucie Appraisal Company’s purpose and function is definite and simple. We must determine the existence and amount of diminished value in order to […]
ALFA-ROMEO DIMINISHED VALUE AND LOSS OF USE CLAIMS
There is a new phenomenon in the automotive world and it is called Diminished Value. For those who haven’t heard this term, it means the loss in value a vehicle experiences after undergoing collision repairs. The Alfa-Romeo, being a car that attracts more discriminating buyers, suffers a great deal more diminished value than an ordinary […]
HOW TO MAKE A SUCCESSFUL DIMINISHED VALUE CLAIM
There is a gold standard when it comes to automobile diminished value appraisers and it is known as AUTODIMINISHEDVALUE.COM, a service of The St. Lucie Appraisal Company available in all 50 states. If you ask any insurance adjuster or any of our competitors and you are liable to hear it from them as well. Insurance […]
Determining the Amount of DV
There are three types of diminished value claims: inherent, repair-related, and insurance-related. The general consensus among insurance companies, vehicle owners, car dealers and automobile appraisers considers inherent diminished value to be value lost due to stigma, repair-related diminished value to be value lost due to repairs not returning a vehicle to pre-accident condition, and insurance […]
A Toyota Diminished Value Claim in Hialeah, Florida
A diminished value appraisal of a Toyota Scion tC 2 Door Hatchback with 30,952 miles that was involved in a Rear-end collision that caused $2,109.18 in damage. The vehicle was not disabled/towed, had structural damage and no air bag deployment. The claimant hired AUTODIMINISHEDVALUE.COM and made a third-party inherent auto diminished value claim for the […]
YOUR CAR WAS WRECKED AND REPAIRED.WHAT DO YOU DO NEXT?
If the crash was the someone else’s fault, you can file a diminished value claim to recover your car’s loss in value. The terminology for this type of claim is a Third-Party Inherent Auto Diminished Value Claim. It is part of the overall claim that can include Bodily Injury, Collision, Loss of Use, etc. With […]
Auto Diminished Value Case in Small Claims Court
NOTE: This article is intended as a guide and not as a form of legal advice. Among the various and many articles that have been written about automobile diminished value, there are but a scant few that describe what happens when an irate claimant decides to become a plaintiff and escalates his claim into small […]
Fullerton Diminished Value
Each week we report on the most interesting and informative articles concerning auto diminished value claims. A diminished value appraisal of a Lexus IS350 Sedan with 21,832 miles that was involved in a Front-end collision that caused $26,942.00 in damage. The vehicle was disabled/towed, had structural damage and air bag deployment. The claimant hired an […]
Questions About Free Diminished Value Appraisals
QUESTION – ARE FREE DIMINISHED VALUE APPRAISALS REALLY FREE? It’s a wonder that The St. Lucie Appraisal Company is still in the business of providing diminished value appraisals in all 50 states. If you are wondering why we’re making such a statement – especially in light of the fact that we’re the best at recovering […]
How Diminished Value Impacts New Car Sales
Turn “Bad Carfax” Trade-Ins into New Car Sales – How Diminished Value Claims Can Save the Deal The Challenge Many trade-ins come with an accident history, often cutting $10,000+ off their trade-in value. Most customers walk away, and the dealership loses the sale. But if the accident was another driver’s fault, your […]
SEARCH OUR DATABASE OF AUTO DIMINISHED VALUE REPORTS
For those of you who are interested in learning about automobile diminished value, the following articles explain to car owners what to expect when filing a third-party inherent diminished value claim. This is an Open Education Resource focused on auto diminished value, collective knowledge and the sharing of scholarly content. The fact that a car […]
ACCURATE UNBIASED EVIDENCE OF DIMINISHED VALUE
Third-party claims for the inherent diminished value of vehicles after accident repairs – If we aren’t shaping the narrative we are being shaped by it. Do not allow insurance companies to normalize denials and lowball offers for diminished value claims. Insurers have strategized ways to avoid paying. Instead of demonstrating the cornerstones of professional ethics […]
CHOOSING A DIMINISHED VALUE APPRAISER
AI Overview Learn more…Opens in new tab The term “Auto Diminished Value” means that cars which were damaged and subsequently repaired lose market value as a result of having a repair history, sometimes known as a “Bad CARFAX.” In most states, this lost amount is recoverable from insurance companies of at-fault parties. The amount of […]
BEST DIMINISHED VALUE METHODOLOGY
There is no centralized or reliable database of actual sale prices for vehicles with and without accident history, which makes purely data-driven methods unreliable or misleading. Here’s a more grounded approach to determining the best methodology for Diminished Value (DV):
THERE IS ONLY ONE
The term “Auto Diminished Value” means that cars which were damaged and subsequently repaired lose market value as a result of having a repair history, commonly known as a “Bad CARFAX.” This lost amount is recoverable from insurance companies of at-fault parties. The amount of diminished value is determined by the damages that were repaired […]
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.
HAS THE MASSACHUSETTS SUPREME COURT SHOT ITSELF IN THE FOOT?
Are car owners in Massachusetts now being forced into litigation in order to obtain compensation for the diminished value of their vehicles after accident repairs? A third-party claimant must obtain a final judgment against the responsible party to pay for their cars’ diminished value.
TASADOR DE DISMINUCIÓN DE VALOR DE AUTOMÓVILES
Contrate al mejor tasador de disminución de valor de automóviles del país. St. Lucie Appraisal Company ofrece servicio a nivel nacional, no tiene clientes de compañías de seguros, cuenta con las mejores reseñas de consumidores en todas las plataformas como BBB, Yelp, YP y Trustpilot, utiliza la metodología más sólida para confirmar nuestra opinión consultando […]
ARE INHERENT DIMINISHED VALUE DAMAGES INTANGIBLE LOSSES?
It has been written that Inherent Diminished Value damages represent an intangible loss in market value rather than physical damage to tangible property. All research shows that cars with accident histories are worth less than comparable cars that were never wrecked. We are at the point where tangible and intangible intersect.
DIMINISHED VALUE – WHY STATE FARM LOSES IN COURT
Insurance companies have become emboldened to force vehicle owners into taking legal action against them. What has enabled them to increase their control over claimants is the lack of credible evidence provided by plaintiffs – the vehicle owners and the independent appraisal companies that they hire. All of the large insurers, State Farm among them, […]