Redmond, WA Diminished Value | St. Lucie Appraisal

This article details the diminished value appraisal of a Porsche Macan with 17,289 miles in Redmond, Washington 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 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

What Washington and Oregon Porsche Dealers Say About Collision Damage and Resale Value

We learned from these examples from sales professionals 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.

Appraisal Methodology: Six Unbiased Dealer Quotes

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.

Porsche Macan Diminished Value Case Details — Washington State

Item Detail
Vehicle Porsche Macan
Mileage 17,289
Collision Type Front End — Disabling/Towed
Structural Damage No
Air Bag Deployment No
Repair Cost $16,759.37
LKQ / Aftermarket Parts Used No — not factored into diminished value
Fair Market Value at Time of Loss $47,500.00 (Average Trade-In Value)
Average Dealer Deduction (6 Quotes) 22.92%
Diminished Value $10,887.00
Claim Type Third-Party Inherent Diminished Value

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 and Answers: Porsche Macan Diminished Value Claims in Washington State

How much diminished value did the Porsche Macan lose after the front-end collision?

The Porsche Macan had a fair market value of approximately $47,500.00 at the time of loss. Six unbiased Porsche dealer quotes from Washington, Oregon, and surrounding states produced an average deduction of 22.92%, resulting in a diminished value of $10,887.00.

What did Porsche dealers in Washington say about reselling a Macan after a collision?

Porsche dealers contacted for this appraisal were direct about the real-world market impact. Dealers indicated they would have to wholesale the car and would not resell it on the lot. One dealer noted that buyers spending this kind of money on a vehicle expect a clean Carfax and will demand a deal as a result. Another stated that with $16,000 in damage you are looking at a huge loss of value — at least 25%. These responses reflect the actual retail and wholesale market the vehicle owner faces.

Can I make a diminished value claim in Washington State after a front-end collision?

Yes. Washington State policyholders and third-party claimants have the right to pursue inherent diminished value after a collision. The St. Lucie Appraisal Company provides comprehensive diminished value appraisals throughout Washington and all 50 states. Telephone consultations are always free of charge — call 772-359-4300.

Why is diminished value especially significant for a luxury SUV like the Porsche Macan?

Buyers in the luxury and performance SUV segment expect a clean vehicle history and are uniquely unforgiving of any prior collision record. Porsche dealers contacted for this appraisal confirmed that a Macan with accident history would not be retailed on the lot — it would go directly to wholesale auction. This wholesale penalty represents a direct, measurable loss to the vehicle owner that an insurer’s initial settlement offer does not capture.

Does a $16,000 repair cost produce significant diminished value even without structural damage?

Yes. The repair cost alone generates a substantial Carfax entry regardless of whether structural components were damaged. In the luxury market, the dollar amount of a repair is itself a signal to dealers and buyers. One Porsche dealer in this appraisal cited the $16,000 repair figure specifically as the basis for estimating at least a 25% loss in value. The absence of structural damage mitigated the deduction somewhat — but did not eliminate it.

How does The St. Lucie Appraisal Company establish diminished value without using a formula?

Rather than relying on formulas, algorithms, or ad comparisons, St. Lucie Appraisal obtains six unbiased opinions from professional sales managers at recognized Porsche dealerships in the relevant market area. Each dealer is provided with the vehicle’s year, make, model, mileage, color, options, date of loss, nature of the repaired damages, and repair method. Dealer opinions are based on personal knowledge and access to auction results — the same data that drives real-world pricing decisions at the retail and wholesale level.

What does a Porsche Macan diminished value appraisal cost?

The fee for an Automobile Diminished Value Report is $275.00. Exotic car owners should call for rates. Payment may be made by credit card or by telephone at 772-359-4300. After making payment, email your completed body shop estimate or insurance company damage appraisal to contact@stlucieappraisal.net. Telephone consultations are always free of charge.

Washington State Diminished Value Appraisal Service Area

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.

Adams, Asotin, Benton, Chelan, Clallam, Clark, Columbia, Cowlitz, Douglas, Ferry, Franklin, Garfield, Grant, Grays Harbor, Island, Jefferson, King, Kitsap, Kittitas, Klickitat, Lewis, Lincoln, Mason, Okanogan, Pacific, Pend Oreille, Pierce, San Juan, Skagit, Skamania, Snohomish, Spokane, Stevens, Thurston, Wahkiakum, Walla Walla, Whatcom, Whitman and Yakima Counties. auto appraiser near 98012, auto appraiser near 98052, auto appraiser near 98208, auto appraiser near 98682, auto appraiser near 99301

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

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.

TOTAL LOSS DISPUTE

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