St. Lucie Appraisal – Defining Diminished Value

St. Lucie Appraisal, automobile, personal property, diminished value, appraiser

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 … Read more