ACURA DIMINISHED VALUE AND LOSS OF USE CLAIMS
There is a new phenomenon in the automotive world and it is called Diminished Value. For those who haven’t heard this term, it means the loss in value a vehicle experiences after undergoing collision repairs. The Acura, being a car that attracts more discriminating buyers, suffers a great deal more diminished value than an ordinary […]
A Range Rover Diminished Value Claim in Louisville, Kentucky
Each week we report on the most interesting and informative articles concerning auto diminished value claims. Regarding our diminished value appraisal of a Range Rover Sport Autobiography AWD SUV with 32,000 Miles that was involved in a rear-end collision that caused $1,800.00 in damage. The car was not disabled & towed and did not have […]
FORD DIMINISHED VALUE AND LOSS OF USE CLAIMS
There is a new phenomenon in the automotive world and it is called Auto Diminished Value. For those who haven’t heard this term, it means the loss in value a vehicle experiences after undergoing collision repairs. Ford models that attract more discriminating buyers, suffer a great deal more diminished value than an ordinary car. Used […]
Diminished Value in Small Claims Court
Among the various and many articles that have been written about automobile diminished value, there are but a scant few that describe what happens when an irate claimant decides to escalate his claim into county civil or small claims court. Of course, there are many diminished value losses that exceed the $5,000.00 limit of this […]
Defining Diminished Value
What is diminished value? This newly coined term is most often applied to the reduction in value of a car or truck after collision damages have been repaired. Regardless of how well the repairs were done, used car buyers would rather purchase an automobile with no accident history, thereby making the previously repaired vehicle worth […]
DIMINISHED VALUE IN NEW CARS
IS THERE SUCH A THING AS DIMINISHED VALUE IN NEW CARS? New cars at dealerships can get damaged in various ways that aren’t the fault of the dealer. These include customer mishaps in the lot, damages caused by car carriers and, of course, the inevitable accidents that customers get into with their loaners. After repairs […]
Vehicle Valuation Report for Title, Registration – Auto, Truck, RV, Motorcycle and Heavy Equipment
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 […]