Tag: auto - Page 2 - THE ST. LUCIE APPRAISAL COMPANY

Licensed and Certified Auto Appraiser

November 12, 2023October 22, 2023 by stlucieappraisal

There are licensing requirements for automobile appraisers. A properly licensed appraiser is automatically certified as an expert in this field. In order to obtain an adjusters or appraisers license, one must pass background checks and demonstrate both integrity and expertise in order to remain in good standing.

You will also find a number of associations that advertise themselves as certified automobile appraisal entities. These are actually just private companies that provide certifications for a fee. Most states require that an auto appraiser be licensed, successfully complete a course in auto appraisal, pass a state board exam and attend Continuing Education classes yearly for appraising automobiles. Should a state-licensed automobile appraiser be found guilty of a serious infraction, he or she could be subject to having their licenses suspended or revoked. No such penalties exist with the private companies that certify appraisers. Automobile appraisers can work on behalf of insurance companies as well as for individual vehicle owners. The types of appraisals they perform can range from damage estimating, to valuation appraisals and diminished value reports. When hiring an automobile appraiser, make certain that they have the proper credentials. A state-issued adjusters or appraisers license is the best confirmation that the automobile appraiser is qualified and that their reports will be accepted by insurers, magistrates and mediators.

Some of the entities that advertise that they are certified appraisers are listed below. When hiring an appraiser or adjuster who is certified by one of these companies, be sure to cross check with their home state insurance department to determine whether they are properly licensed.

The American Society of Certified Auto Appraisers
Bureau of Certified Auto Appraisers
Auto Appraisal Group
The Appraisal Foundation
Certified Automobile Appraisal LLC
I-Van, International Vehicle Appraisers Network
International Automotive Appraisers Association

The St. Lucie Appraisal Company
Service in all 50 States
Phone: (772) 359-4300
Email: contact@stlucieappraisal.net

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

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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A Honda Diminished Value Claim in Philadelphia, Pennsylvania

November 12, 2023October 14, 2023 by stlucieappraisal

St. Lucie Automobile and Diminished Value Appraiser

Each week we report on the most interesting and informative articles concerning auto diminished value claims. A diminished value appraisal of a Honda Odyssey EX Van with 19,335 miles that was involved in a Front and Rear Collision that caused $14,255.71 in damage. The vehicle was disabled/towed, had 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 Honda dealerships in Eastern Pennsylvania- One dealer said because of the vehicle having close to $15,000.00 worth of damage and frame being damaged you may be looking at taking a 40% hit in a trade-in. Also, if this were brand new the loss would be much higher typically when you have severe damage on accident report. And, another sales manager said that anytime there is severe damage on Carfax the loss will be severe so you may see a loss of 40% or higher.

The opinions of six unbiased professional sales managers at recognized new car dealerships form the basis for the most comprehensive Auto Diminished Value Appraisal available. We obtain six of them to validate the diminished value report prepared by The St. Lucie Appraisal Company. This is what the car owner will experience in the real world.

The six dealers providing opinions regarding diminished value were given information specific to this vehicle including year, make, model, mileage, pre-accident condition, 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 Eastern Pennsylvania 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.

A Honda Diminished Value Claim in Philadelphia, PA

Description of damage: Disabling collision damages to the front and rear including damage to structural components and no air bag deployment. Repair cost $14,255.71. 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 37.50%. 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 $20,000.00 at the time of loss. The Diminished Value was $7,500.00

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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 Philadelphia, Pittsburgh, Allentown, Erie, Reading, Upper Darby Township, Scranton, Bethlehem, Bensalem, Lancaster, Lower Merion, Abington Township, Bristol, Millcreek, Harrisburg, Altoona, York, Stroudsburg, Wilkes-Barre and throughout Pennsylvania

Adams, Allegheny, Armstrong, Beaver, Bedford, Berks, Blair, Bradford, Bucks, Butler, Cambria, Cameron, Carbon, Centre, Chester, Clarion, Clearfield, Clinton, Columbia, Crawford, Cumberland, Dauphin, Delaware, Elk, Erie, Fayette, Forest, Franklin, Fulton, Greene, Huntingdon, Indiana, Jefferson, Juniata, Lackawanna, Lancaster, Lawrence, Lebanon, Lehigh, Luzerne, Lycoming, McKean, Mercer, Mifflin, Monroe, Montgomery, Montour, Northampton, Northumberland, Perry, Philadelphia, Pike, Potter, Schuylkill, Snyder, Somerset, Sullivan, Susquehanna, Tioga, Union, Venango, Warren, Washington, Wayne, Westmoreland, Wyoming and York Counties. auto appraiser near 19104, auto appraiser near 19111, auto appraiser near 19120, auto appraiser near 19124, auto appraiser near 19134, auto appraiser near 19143, auto appraiser near 19149

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.

A Diminished Value Claim on a Porsche in Jacksonville, Florida

November 12, 2023October 13, 2023 by stlucieappraisal

A diminished value appraisal of a Porsche 911 4S 6-Speed Automatic Coupe with 16,556 miles that was involved in a right side collision that caused $9,515.31 in damage. The vehicle was not disabled/towed, had 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 North Florida – One dealer said normally when there is frame damage you can expect 35% less in trade and you would also have normal depreciation as well. Another dealer said that because it is a few years older there will be less of a hit than there would be if it was brand new if the car were 40k you may lose 20k depending on the extent of damage and what the report says.

FLORIDA ADJUSTERS LICENSE — FLORIDA LICENSED INDEPENDENT ADJUSTER

We contacted several Porsche dealers in North Florida 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 including damage to structural components and no air bag deployment. Repair cost $9,515.31. 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 36.25%. 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 $78,000.00 at the time of loss. The Diminished Value was $28,275.00

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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 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

Alachua, Baker, Bay ,Bradford, Brevard, Broward, Calhoun, Charlotte, Citrus, Clay, Collier, Columbia, De Soto, Dixie, Duval, Escambia, Flagler, Franklin, Gadsden, Gilchrist, Glades, Gulf, Hamilton, Hardee, Hendry, Hernando, Highlands, Hillsborough, Holmes, Indian River, Jackson, Jefferson, Lafayette, Lake, Lee, Leon, Levy, Liberty, Madison, Manatee, Marion, Martin, Miami-Dade, Monroe, Nassau, Okaloosa, Okeechobee, Orange, Osceola, Palm Beach, Pasco, Pinellas, Polk, Putnam, St. Johns, St. Lucie, Santa Rosa, Sarasota, Seminole, Sumter, Suwannee, Taylor, Union, Volusia, Wakulla, Walton and Washington Counties. auto appraiser near 32210, auto appraiser near 32218, auto appraiser near 32244, auto appraiser near 32256, auto appraiser near 32259

Diminished Value Claim in Kansas City, MO

November 12, 2023September 14, 2023 by stlucieappraisal

Each week we report on the most interesting and informative articles concerning auto diminished value claims. A diminished value appraisal of a Chevrolet Traverse High Country AWD Wagon with 2,932 miles that was involved in a right side collision that caused $8,254.53 in damage. The vehicle was disabled/towed, 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 Chevrolet dealerships in Missouri – One dealer explained that because the vehicle is new and it already has bad Carfax there will be a loss which will be a bit higher versus if it were a few years older. Another dealer said said that the biggest hit will be due to the year of the vehicle and if it was fixed well, normal loss for something of this nature would be around 15-20% less
The opinions of six unbiased professional sales managers at recognized new car dealerships form the basis for the most comprehensive Auto Diminished Value Appraisal available. We obtain six of them to validate the diminished value report prepared by The St. Lucie Appraisal Company. This is what the car owner will experience in the real world.
The six dealers providing opinions regarding diminished value were given information specific to this vehicle including year, make, model, mileage, pre-accident condition, 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 Missouri 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 right side with no damage to structural components and no air bag deployment. Repair cost $8,254.53. 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 12.92%. 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 $40,000.00 at the time of loss. The Diminished Value was $5,168.00

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QUESTIONS & ANSWERS ABOUT AUTOMOBILE DIMINISHED VALUE

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 Kansas City, St. Louis, Springfield, Independence, Columbia, Lee’s Summit, O’Fallon, St. Joseph, St. Charles, St. Peters, Blue Springs, Florissant, Joplin, Chesterfield, Jefferson City and throughout Missouri. auto appraiser near 63301, auto appraiser near 63376, auto appraiser near 65203, auto appraiser near 65802, auto appraiser near 65807

Founded by Franklin Colletta, The St. Lucie Appraisal Company is a family-owned appraisal company that offers nationwide service. We provide Diminished Value Appraisals, Total Loss Valuations, and Loss of Use Reports.
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.

Vehicle Valuation Report for Title, Registration – Auto, Truck, RV, Motorcycle and Heavy Equipment

May 14, 2023February 1, 2023 by stlucieappraisal

The St. Lucie Appraisal Company prepares valuation and diminished value appraisals for all types of cars, trucks, RVs, motorcycles and heavy equipment in all 50 states. In each county of every state, motor vehicles being titled and registered for tags and license plates are assessed a tax based on the vehicle’s fair market value. If your car was ever involved in a collision, especially one involving severe damage that included structural (frame) damage or air bag deployment, you are paying up to double the amount you pay for motor vehicle title and registration taxes. For example, if you own a late-model Audi, Bentley, BMW, Cadillac, Ferrari, INFINITI, Jaguar, Lamborghini, Land Rover, Lexus, Lincoln, Lotus, Maserati, Mercedes-Benz, Porsche, Rolls-Royce or Tesla which the state values at $50,000, your motor vehicle tax is approximately $3,500.00. However, the same car showing a bad Carfax, Autocheck or other repair history report may have an actual value of up to 50% less. The resultant tax saving would be $1,750.00. If your motor vehicle is worth more, your savings increase exponentially. RVs such as Prevost, Newmar or Featherlite and heavy trucks such as Mack, Kenworth, Peterbilt or Volvo that have been repaired after collisions aren’t worth nearly as much as those that were never wrecked. The motor vehicle tax saving on a half-million-dollar vehicle could be in the tens of thousands of dollars.

Our valuation reports are also sought after for total loss disputes, financing, insurance underwriting, estate dissolution, divorce, bankruptcy and charitable donations.

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Call The St. Lucie Appraisal Company at 772-359-4300 to inquire about obtaining a vehicle valuation appraisal when you obtain a title for a high-end vehicle or next time you renew your registration.

The cost to obtain a vehicle valuation appraisal is $275.00. Use the payment button above and email vehicle information to contact@stlucieappraisal.net. You will receive a signed vehicle valuation appraisal from a licensed motor vehicle appraiser via email in one week.

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

FLORIDA ANTIQUE CAR APPRAISER

May 14, 2023January 28, 2023 by stlucieappraisal

In Florida, 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 Florida antique car 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 owner-operators of trucks and construction equipment 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.

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 useless document.

Call The St. Lucie Appraisal Company when only the best and most knowledgeable appraiser will do. Our service area includes Florida as well as all 50 states Our appraisals are sought after for insurance, financing, donations for tax-deductions, diminished value, bankruptcies, divorces, insurance claim disputes, purchase & sales and estate dissolutions.

The St. Lucie Appraisal Company
P.O. Box 2700
Fort Pierce, FL 34954
Phone: (772) 359-4300
Email: contact@stlucieappraisal.net
REQUEST AN AUTOMOBILE VALUATION APPRAISAL – $275.00 for most cars.

Please email photographs and other vehicle information to Email: contact@stlucieappraisal.net

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Services available 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.