Porsche Diminished Value and Loss of Use Claims

St. Lucie Appraisal, automobile, personal property, diminished value, appraiser

WE ARE THE BEST AND MOST TRUSTED AUTO DIMINISHED VALUE APPRAISERS IN THE COUNTRY. OUR COMPANY VALIDATES OUR DIMINISHED VALUE RESEARCH BY SPEAKING TO THE SALES MANAGERS AT SIX PORSCHE DEALERSHIPS IN YOUR AREA. THIS SUPPORTS OUR EXPERT OPINIONS, PROVIDING PROBATIVE EVIDENCE TO STRENGTHEN YOUR INSURANCE CLAIM OR COURT CASE.


Hire an Expert Porsche Diminished Value and Loss of Use Appraiser

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 Porsche, being a car that attracts more discriminating buyers, suffers a great deal more diminished value than an ordinary car. Used car buyers simply won’t pay as much for a previously wrecked car so dealers, in turn, have to offer less come trade-in time. Porsche owners are typically upscale folks who expect a first-class level of service. Those expectations extend to the treatment they receive from insurance companies after their cars are wrecked by the negligence of others. Seeking fair compensation for diminished value and loss of use is part of it. You need an expert appraiser. At The St. Lucie Appraisal Company, Porsche Diminished Value and Loss of Use claims are our specialty.

How to Determine Porsche Diminished Value and Loss of Use

Our methodology for preparing automobile diminished value appraisals is unique within the industry because we don’t rely on formulas, algorithms, auto auction results or other short cuts to determine the amount of value lost after collision repairs. Each situation is unique and the only way to provide tailor-made reports is to query the people who actually do the buying and selling of these bad Carfax vehicles – Porsche dealers. It is important, of course, that the dealers who participate in our surveys know full well that the subject vehicles are not for sale or available for trade. This prevents insurance companies from alleging collusion or vested interest. This approach has made our company the best at what we do – Diminished Value and Loss of Use appraisals. Magistrates and mediators alike have recognized the validity of our reports because they are both comprehensive and uncomplicated.

Insurance Company defense attorneys can instantly recognize which independent appraisals will stand up in court and advise their adjusters accordingly when it comes to offering fair settlements. We are rarely called upon to appear as expert witnesses in legal proceedings because our customers generally receive fair settlements that preclude taking civil actions. Porsche diminished value and loss of use claims should present no problems if appraisals are prepared correctly.

WE DON’T USE FORMULAS, ALGORITHMS, AD COMPARISONS OR OTHER SHORT CUTS
SIX UNBIASED DEALER QUOTES IN EVERY APPRAISAL TO VALIDATE OUR RESEARCH
TELEPHONE CONSULTATIONS ALWAYS FREE-OF-CHARGE

When we receive an assignment to prepare a diminished value appraisal for a Porsche, there is a nationwide network of dealers from whom we can obtain opinions. Obtaining six verifiable quotes from Porsche dealers in your geographic area is something that we feel is necessary to populate an irrefutable diminished value report.

The independent appraisers that use formulas and algorithms arrive at numbers that don’t accurately represent the Porsche used car market. As for the independent appraisers that use automobile auction results, insurers will argue that they are too generic to apply to your particular car and the damages that were repaired.

The St. Lucie Appraisal Company has gained more than our share of diminished value and loss of use requests from Porsche owners due chiefly to word of mouth. It has been not only Porsche owners but also the certified Porsche repair shop managers who have sent their customers, friends and families to us.

Finally, with regard to Loss of Use claims, it costs $250 per day to rent an automobile such as the Porsche Panamera from Hertz Dream Cars and other high end vendors. Why do insurance companies feel that they can get away with offering lower-priced replacement vehicles to Porsche owners? It is common knowledge that a wrecked Porsche can take up to 60 days to repair. A typical Loss of Use appraisal for a Porsche owner whose car is laid up for two months is in excess of $10,000.00 which includes the Daily Collision Damage Waiver. Of special note: It is not necessary to actually rent a car in order to receive compensation for Loss of Use.

CAR OWNER RECEIVES RECORD $60,000.00 AUTO DIMINISHED VALUE SETTLEMENT

READ CUSTOMER REVIEWS OF THE ST. LUCIE APPRAISAL COMPANY

auto diminished value payment buttonClick 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.

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

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 and Wyoming

TOTAL LOSS DISPUTE

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.
READ MORE ARTICLES…

Porsche Diminished Value Claim in Reno, Nevada

St. Lucie Automobile and Diminished Value Appraiser

Each week we report on the most interesting and informative articles concerning auto diminished value claims. With regard to our diminished value appraisal of a Porsche 911 Carrera Coupe with 47,028 miles that was involved in a Rear-End Collision that caused $1,153.53 in damage. The vehicle was not disabled/towed and had no structural damage and no 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 APPRAISAL TO VALIDATE OUR RESEARCH
TELEPHONE CONSULTATIONS ALWAYS FREE-OF-CHARGE

We learned from these examples from sales managers at Porsche dealerships in Nevada and surrounding states – Dealers would definitely take it as a trade however, because it does have a bad Carfax , depending on what the report says you could lose 10-15%. Also, as long as it is fixed correctly and there is not further damage such as frame or a branded title you shouldn’t see that much of a loss being that it’s a minor accident – maybe $3,500-$5,000 diminished value possible. And that 15% back is about typical for this type of listed damage

The opinions of these unbiased professionals form the basis for the most comprehensive Auto Diminished Value Appraisal available. We obtain six of them which validates the diminished value report prepared by The St. Lucie Appraisal Company. 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 Nevada 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.

Diminished Value Claim in Reno, NevadaDescription of damage: Non-disabling collision damages to the Rear with no damage to structural components and no air bag deployment. Repair cost $1,153.53. LKQ (used) and/or aftermarket parts were not utilized in the repair/not factored in to the diminished value.

CAR OWNER RECEIVES RECORD $60,000.00 AUTO DIMINISHED VALUE SETTLEMENT
The average of six (6) deductions was 10.83%. 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 $35,000.00 at the time of loss. The Diminished Value was $3,790.50

READ CUSTOMER REVIEWS OF THE ST. LUCIE APPRAISAL COMPANY

auto diminished value payment button
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.

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

Service in Carson City, Henderson, Las Vegas, North Las Vegas, Reno, Sparks and throughout Nevada

Carson City, Churchill, Clark, Douglas, Elko, Esmeralda, Eureka, Humboldt, Lander, Lincoln, Lyon, Mineral, Nye, Pershing, Storey, Washoe and White Pine Counties. auto appraiser near 89436, auto appraiser near 89502, auto appraiser near 89506

TOTAL LOSS DISPUTE
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.