The St. Lucie Appraisal Company provides expert independent diminished value appraisals for Tesla and luxury vehicle owners throughout New York, including Larchmont, New Rochelle, White Plains, and all of Westchester County.
Tesla Model X P100D 4 Door Wagon Diminished Value Case Study – Larchmont / Westchester County, New York
This case details the diminished value appraisal of a low-mileage Tesla Model X P100D with only 3,500 miles involved in a rear-end collision that caused $17,891.52 in damage. The vehicle was not disabled or towed, sustained structural damage, and had no airbag deployment.
The claimant hired an independent auto appraiser and filed a third-party inherent 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. Obtaining a comprehensive Diminished Value Report is key.
SIX UNBIASED DEALER QUOTES IN EVERY APPRAISAL TO VALIDATE OUR RESEARCH
TELEPHONE CONSULTATIONS ALWAYS FREE-OF-CHARGE
Real-World Dealer Feedback from Exotic & Tesla Dealers in New York
We consulted sales managers at exotic and luxury dealerships in New York. Their market insights included:
- Due to the accident report and frame damage, the Tesla would likely need to be wholesaled and would bring significantly less than market value.
- With frame damage and a towed report, dealers estimated a 30%–40% reduction in value.
The opinions of six unbiased professional dealers form the basis for our comprehensive diminished value appraisals. This reflects what Tesla owners in Westchester County and New York will realistically experience in the market.
Damage Summary & Results
Description of damage: Disabling rear collision with structural damage and no airbag deployment. Repair cost: $17,891.52. No LKQ (used) or aftermarket parts were factored into the diminished value assessment.
Average of Six Dealer Deductions: 35.00%
Pre-Loss Fair Market Value (Average Trade-In): $135,000.00
Calculated Diminished Value: $47,250.00
Payment & Reviews
READ CUSTOMER REVIEWS OF THE ST. LUCIE APPRAISAL COMPANY
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 pay by phone: call 772-359-4300.
Tesla and other exotic car owners — please call for rates.
Before making your secure payment please email the body shop estimate or insurance company appraisal to
contact@stlucieappraisal.net
ZIP Codes We Serve in Westchester County, NY
10538, 10550, 10573, 10583, 10701, 10801 and surrounding Westchester County area ZIP codes.
Service Throughout New York
Service in: Albany, Amherst, Babylon, Brookhaven, Brooklyn, Bronx, Cheektowaga, Clarkstown, Colonie, Greece, Greenburgh, Hamburg, Hempstead, Huntington, Irondequoit, Islip, Manhattan, North Hempstead, New York City, Orangetown, Oyster Bay, Poughkeepsie, Queens, Ramapo, Rye, Smithtown, Staten Island, Tonawanda, Union, Webster, West Seneca, White Plains and throughout New York.
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.