GMC Sierra Denali Diminished Value Claim in Montgomery, Alabama

Regarding a 2017 GMC Denali AWD Crew Cab with 8,095 miles that was involved in a Front and Rear Collision that caused $23,494.71 in damage. The car was disabled/towed and 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 GMC dealerships in Alabama- Anytime you have frame damage listed on a Carfax you will lose at any large dealership between 30-50% of the cars value in most cases especially with this amount of damage listed. Also that anytime a dealer sees frame damage they will take it right to an auction and because of that, this is why you would have a loss this significant and also that you would lose about 30% and could be as high as 40% at trade in due to the frame damage listed because the vehicles integrity has been compromised.

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 GMC dealers in Alabama 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 including damage to structural components and no air bag deployment. Repair cost $23,494.71. 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 33.33%%. 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 $50,000.00 at the time of loss. The Diminished Value was $16,665.00.

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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 throughout Alabama including Anniston, Athens, Auburn, Bessemer, Birmingham, Decatur, Dothan, Enterprise, Florence, Gadsden, Hoover, Huntsville, Madison, Mobile, Montgomery, Opelika, Phenix City, Prattville, Tuscaloosa and Vestavia Hills

Autauga, Baldwin, Barbour, Bibb, Blount, Bullock, Butler, Calhoun, Chambers, Cherokee, Chilton, Choctaw, Clarke, Clay, Cleburne, Coffee, Colbert, Conecuh, Coosa, Covington, Crenshaw, Cullman, Dale, Dallas, DeKalb, Elmore, Escambia, Etowah, Fayette, Franklin, Geneva, Greene, Hale, Henry, Houston, Jackson, Jefferson, Lamar, Lauderdale, Lawrence, Lee, Limestone, Lowndes, Macon, Madison, Marengo, Marion, Marshall, Mobile, Monroe, Montgomery, Morgan, Perry, Pickens, Pike, Randolph, Russell, Saint Clair, Shelby, Sumter, Talladega, Tallapoosa, Tuscaloosa, Walker, Washington, Wilcox and Winston Counties.

Porsche Macan Diminished Value Claim in Redmond, Washington

The best diminished value appraisal in Washington. – Franklin Colletta, Owner

Regarding 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.

Hyundai Diminished Value Claim in Chicago, Illinois

Regarding a 2017 Hyundai Sonata Sport with 10,750 miles that was involved in a Front End Collision that caused $12,153.44 in damage. The car was disabled/towed and 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 Hyundai dealerships in Illinois- A dealer will grudgingly take a structurally-damaged car in trade but it would bring more than 30% less in trade-in value. Also, that dealers might be likely to advise the vehicle owner to keep the car since it will take such a huge loss and also that a Hyundai with frame damage would go straight to auction after buying it from the vehicle owner for as little as half the value.

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 Hyundai dealers in Illinois 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 including damage to structural components and no air bag deployment. Repair cost $12,153.44. 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 34.58%. 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 $17,500.00 at the time of loss. The Diminished Value was $6,051.50.

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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

Services available in Arlington Heights, Aurora, Bloomington, Bolingbrook, Champaign, Chicago, Cicero, Decatur, Des Plaines, Elgin, Evanston, Joliet, Naperville, Palatine, Peoria, Rockford, Schaumburg, Skokie, Springfield, Waukegan and throughout Illinois

GMC Diminished Value Claim in Mobile Alabama

Regarding a 2016 GMC Yukon XL SLT with 35,800 miles that was involved in a Rear End Collision that caused $1,903.84 in damage. The truck 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 GMC dealerships in Alabama  – normally with mild damage like this on a newer car you may see a 10-15% loss in value. Also that being that it is somewhat new and has relatively low miles there will be a loss because of the Carfax and also, normally when a vehicle is in a wreck it is going to be in the area of $5,000.00 off the value even if it was a shopping cart bump.

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 GMC dealers in Alabama 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 not including damage to structural components and no air bag deployment. Repair cost $1,903.84. 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 14.17%. 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 $42,500.00 at the time of loss. The Diminished Value was $6.022.25.

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 throughout Alabama including Anniston, Athens, Auburn, Bessemer, Birmingham, Decatur, Dothan, Enterprise, Florence, Gadsden, Hoover, Huntsville, Madison, Mobile, Montgomery, Opelika, Phenix City, Prattville, Tuscaloosa and Vestavia Hills

Autauga, Baldwin, Barbour, Bibb, Blount, Bullock, Butler, Calhoun, Chambers, Cherokee, Chilton, Choctaw, Clarke, Clay, Cleburne, Coffee, Colbert, Conecuh, Coosa, Covington, Crenshaw, Cullman, Dale, Dallas, DeKalb, Elmore, Escambia, Etowah, Fayette, Franklin, Geneva, Greene, Hale, Henry, Houston, Jackson, Jefferson, Lamar, Lauderdale, Lawrence, Lee, Limestone, Lowndes, Macon, Madison, Marengo, Marion, Marshall, Mobile, Monroe, Montgomery, Morgan, Perry, Pickens, Pike, Randolph, Russell, Saint Clair, Shelby, Sumter, Talladega, Tallapoosa, Tuscaloosa, Walker, Washington, Wilcox and Winston Counties.

Tesla S85 Diminished Value Claim in Los Angeles, California

The best Diminished Value Appraisal you will find in California. – Franklin Colletta, Owner

Regarding a 2013 Tesla S85 4 Door Sedan with 28,821 miles that was involved in a Front End Collision that caused $29,106.94 in damage. The vehicle was 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 Appraisal is key.

We learned from these examples from sales managers at exotic new car dealerships in Southern California – The car will lose substantial value because of the structural damage. Also that since the integrity of the unibody was compromised you are looking at 30% to 50% less come trade-in time and also that frame damage on the Carfax is a red flag that would deter most buyers from purchasing the car. 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 exotic new car 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: Disabling collision damages to the Front including damage to structural components and no air bag deployment. Repair cost $29,106.94. 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 35.83%%. 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 $50,000.00 at the time of loss. The Diminished Value was $17,915.00.

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QUESTIONS & ANSWERS ABOUT AUTOMOBILE DIMINISHED VALUE

paypal payment buttonThe fee for an Automobile Diminished Value Report is $275.00. Tesla and other exotic cars such as Ferrari, Bentley and Lamborghini are $350.00. 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 Los Angeles, San Diego, San Jose, San Francisco, Fresno, Sacramento, Long Beach, Oakland, Bakersfield, Anaheim, Santa Ana, Riverside, Stockton, Chula Vista, Irvine, Fremont, San Bernardino, Modesto, Oxnard, Fontana, Moreno Valley, Huntington Beach, Glendale, Santa Clarita, Garden Grove, Oceanside, Santa Rosa, Rancho Cucamonga, Ontario, Elk Grove, Lancaster, Corona, Palmdale, Salinas, Hayward, Pomona, Escondido, Sunnyvale, Torrance, Orange, Pasadena, Fullerton, Thousand Oaks, Visalia, Roseville, Simi Valley, Concord, Victorville, Santa Clara, Vallejo, Berkeley, El Monte, Downey, Costa Mesa, Inglewood, Carlsbad, Fairfield, Ventura, Richmond, Murrieta, Antioch, Temecula, Norwalk, Daly City, Burbank, Santa Maria, El Cajon, Rialto, San Mateo, Clovis, Jurupa Valley, Compton, Vista, Mission Viejo, South Gate, Vacaville, Carson, Santa Monica, Arden-Arcade, Hesperia, Westminster, Redding, Santa Barbara, San Marcos, Chico, San Leandro, Newport Beach, Whittier, Hawthorne, Citrus Heights, Livermore, Tracy, Alhambra, Indio, Menifee, Buena Park, Hemet, Lakewood, Merced, Chino, Redwood City, Lake Forest, Napa, Tustin, Mountain View, Bellflower, Baldwin Park, Alameda, Upland, San Ramon, Pleasanton and throughout California.

A Hyundai Diminished Value Claim in Stuart, Florida

The best Diminished Value Appraisal you will find in Florida. – Franklin Colletta, Owner

Regarding a 2013 Hyundai Sonata Limited with 38,645 miles that was involved in a Rear End Collision that caused $3,646.25 in damage. The car was disabled/towed and had  structural damage but 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 Hyundai dealerships in Florida – You will lose 25%+ give or take an this type of car with structural damage. Also with frame damage listed the dealer would have to sell the car for much less to appeal to potential buyers and also since the car had structural damage, the integrity of the car has been compromised which scares off most buyers.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 Hyundai 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: Disabling collision damages to the Rear including  damage to structural components. Repair cost $7,441.75  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 29.17%. 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 $12,500.00 at the time of loss. The Diminished Value was $3,646.25.

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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.

A Chevrolet Diminished Value Claim in Maryland

The best Diminished Value Appraisal you will find in Maryland. – Franklin Colletta, Owner

Regarding a 2017 Chevrolet Malibu LT Sedan with 21,383 miles that was involved in a left rear collision that caused $2,913.35 in damage. The car 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 Chevrolet dealerships in Maryland – When you have a vehicle with an accident report it is possible to lose about 10% of the vehicle’s value. Also, 10% off the fair market value is normal but how it was reported could play a role in the loss and also if the frame wasn’t compromised and the car was properly repaired the loss could possibly reach 15%.  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 Chevrolet dealers in Maryland 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 rear not including  damage to structural components. Repair cost $2,913.35  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 14.05%. 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 $17,500.00 at the time of loss. The Diminished Value was $2,458.75.

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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 Baltimore, Bowie, Frederick, Gaithersburg, Hagerstown, Rockville and throughout Maryland.

Service in Allegany, Anne Arundel, Baltimore, Calvert, Caroline, Carroll, Cecil, Charles, Dorchester, Frederick, Garrett, Harford, Howard, Kent, Montgomery, Prince George’s, Queen Anne’s, Saint Mary’s, Somerset, Talbot, Washington, Wicomico and Worcester Counties.

A Mercedes-Benz Diminished Value Claim in Massachusetts

The best Diminished Value Appraisal you will find in Massachusetts. – Franklin Colletta, Owner

Regarding a 2012 Mercedes-Benz S550 AWD Sedan with133,689 Miles that was involved in a right front collision that caused $4,615.75 in damage. The car 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 Mercedes-Benz dealerships in Massachussets- Many Mercedes-Benz dealers won’t retail cars with a bad Carfax and send them right to auction. Also that even repaired well,  the car will lose a few thousand dollars. 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 Mercedes-Benz dealers in Massachusetts 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 right front not including  damage to structural components. Repair cost $4,615.75  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 12,73%. 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 $22,000.00 at the time of loss. Diminished Value = $2,800.60.

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QUESTIONS & ANSWERS ABOUT AUTOMOBILE DIMINISHED VALUE

paypal payment button

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 Amherst, Arlington, Attleboro, Barnstable, Beverly, Billerica, Boston, Braintree, Bridgewater, Brockton, Cambridge, Chicopee, Fall River, Framingham, Haverhill, Lawrence, Lowell, Lynn, Malden, Medford, Methuen, New Bedford, Newton, Peabody, Pittsfield, Quincy, Revere, Salem, Somerville, Springfield, Taunton, Waltham, Weymouth, Worcester and throughout Massachusetts.

A Honda Diminished Value Claim in Indiana

The best Diminished Value Appraisal you will find in Indiana. – Franklin Colletta, Owner

Regarding a 2016 Honda CR-V EX-L Navigation AWD with 14,685 Miles that was involved in a front and rear collision that caused $11,886.72 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 at Honda dealerships in Indiana – Dealers can’t certify or obtain financing so it is really a risk for them. Also, that when you have an accident that reports structural damage you will take a huge loss and also that when a dealer sees structural damage it is a big red flag that will devalue the vehicle greatly. 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 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 including  damage to structural components. 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. Diminished Value = $9,135.30.

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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 Columbia, Charleston, North Charleston, Greenville, Rock Hill, Mount Pleasant, Spartanburg, Sumter, Hilton Head, Florence and throughout South Carolina.

A TESLA MOTORS DIMINISHED VALUE CLAIM IN NEW YORK

Regarding a 2017 Tesla Motors S90D with 2,847 miles that was involved in a front-end collision that caused $10,858.27 in damage. The car was disabled & towed but 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 – The car brand makes a difference on loss itself. The way it works is the more the book value of the car the more the loss is. Example: If you had a Ford Focus your loss will be less than it would for a Tesla because the it cost less therefore the loss is less. Also, normally buyers when spending this kind of money on a Tesla, buyers would like to see a clean Carfax and will expect a “Deal”. 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 exotic new car dealers 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 structural components or air bag deployment. Repair cost $10,858.27. 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 15.56%. This is the percentage of Diminished Value to be taken from the Fair Market Value at the time of loss.

We have established that the above captioned vehicle had a Fair Market Value (Average Trade-In Value) of approximately $75,000.00 at the time of loss. Diminished Value = $11,670.00.

READ CUSTOMER REVIEWS OF THE ST. LUCIE APPRAISAL COMPANY
 

QUESTIONS & ANSWERS ABOUT AUTOMOBILE DIMINISHED VALUE

paypal payment button

The fee for an Automobile Diminished Value Report is $275.00. Tesla and other exotic car owners please call for rates. 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 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.