Ford Diminished Value Claim in New Haven, Connecticut

St. Lucie Automobile and Diminished Value Appraiser

Each week we report on the most interesting and informative articles concerning auto diminished value claims. Regarding our diminished value appraisal of a Ford F150 XL AWD Supercrew Pickup with 24,046 miles that was involved in a Front and Rear End Collision that caused $12,297.74 in damage. The truck was not disabled/towed and had no 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 DON’T USE FORMULAS, ALGORITHMS, AD COMPARISONS OR OTHER SHORT CUTS

SIX DEALER QUOTES IN EVERY APPRAISAL TO VALIDATE OUR RESEARCH

TELEPHONE CONSULTATIONS ALWAYS FREE-OF-CHARGE

We learned from these examples from sales managers at Ford dealerships in Connecticut- When there is an accident report on Carfax, dealers will normally take off 10%-20%. Also, that you lose 15%+ at trade in because of the accident report. Most buyers will want a clean Carfax and if there is an accident reported they will want money taken off asking price due to the accident report.

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.

A blue Ford F-150 Pickup truck. A Diminished Value Appraiser in Connecticut call 772-359-4300.We contacted several Ford dealers in Connecticut 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 $12,297.74. LKQ (used) and/or aftermarket parts were utilized in the repair/not factored in to the diminished value.

CONNECTICUT LICENSED INDEPENDENT AUTO APPRAISER
CONNECTICUT LICENSED INDEPENDENT AUTO APPRAISER

The average of six (6) deductions was 13.21%%. 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 $32,500.00 at the time of loss. The Diminished Value was $4,293.25.

CAR OWNER RECEIVES RECORD $60,000.00 AUTO DIMINISHED VALUE SETTLEMENT
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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 Bridgeport, New Haven, Stamford, Hartford, Waterbury, Norwalk, Danbury, New Britain, West Hartford, Greenwich, Hamden, Fairfield, Meriden, Bristol, Manchester, West Haven, Milford, Stratford, Middletown, Enfield, Wallingford, Southington, Norwich, Shelton, Groton, Trumbull, Torrington, Glastonbury, Naugatuck and throughout Connecticut. auto appraiser near 06450, auto appraiser near 06460, auto appraiser near 06492, auto appraiser near 06511, auto appraiser near 06513, auto appraiser near 06516, auto appraiser near 06770

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
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New Haven Connecticut Automobile Appraiser

St. Lucie Automobile and Diminished Value Appraiser

In Connecticut, we have appraised almost every type of antique, classic and custom car. In addition, exotic cars such as Ferrari, Bentley and Tesla are here in abundance. When it comes time to appraise the value of your automobile, RV, motorcycle or heavy equipment for insurance, financing, diminished value or a charitable donation to a non-profit for a tax-deduction, The St. Lucie Appraisal Company is the company you want to call. Our experience appraising all types of motor vehicles provides car owners with the advantage of hiring someone who knows just how valuable old, well-kept cars can be. In addition, we keep an extensive library of past automotive sales that other appraisers can not match. We are a New Haven Connecticut automobile appraiser you can count on.

Many companies providing financing or insurance for autos, trucks and heavy equipment have strict requirements regarding the appraisal of vehicles. A bank or credit union lending money toward the purchase of an antique car, dump truck or over the road tractor will ask for an inspection by a licensed appraiser before committing funds toward the purchase. Likewise, insurance underwriters look for documentation before providing coverage. Bankruptcies and loan defaults among owners of custom and exotic cars make lenders and insurers extremely selective about who they do business with. The St. Lucie Appraisal Company is a company that banks and insurers choose to provide valuation services.

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Selecting a company to perform a car or truck appraisal is typically the job of the prospective buyer or policyholder. As absurd as it sounds, the typical commercial lender or insurance broker is clueless when it comes to finding a licensed independent appraiser. Often the vehicle owner is asked to locate an independent appraiser because banking and insurance managers don’t possess Rolodexes any more. When lenders or brokers do hire us, it is often as a result of a Google search. What the vehicle owner should know, however, is that once the appraisal is given to the bank or insurer, representatives from those institutions will then perform their due diligence and query the appraiser as to how he obtained his valuation figures.

After making certain that the independent appraiser is properly licensed, investigate for yourself their expertise and any reviews from past clients. When their appraisal is placed under the microscope of the insurer or lender, if their answers don’t meet the bank’s or insurance company’s criteria, you have wasted your money on a worthless document.

Our service area includes New Haven as well as the rest of Connecticut. Our appraisals are sought after for insurance, financing, donations for tax-deductions, diminished value, bankruptcies, divorces, insurance claim disputes, purchase & sales and estate dissolutions. Call The St. Lucie Appraisal Company when only the best and most knowledgeable automobile appraiser will do. auto appraiser near 06460, auto appraiser near 06492, auto appraiser near 06511, auto appraiser near 06513, auto appraiser near 06516

The St. Lucie Appraisal Company
Service throughout Connecticut
Phone: (772-359-4300
Email: contact@stlucieappraisal.net

TOTAL LOSS DISPUTE
Auto appraisals in the vicinity of 06460, 06492, 06511, 06513 and 06516.
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.