5 Things Than Can Kill Your Car's Appraisal ValuePeople don't often factor depreciation into the total cost of their new and used cars, but they should – especially if they have any intention of selling or trading in the vehicle at a time not too distant into the future.
Steps to Prepping Your Car for the Best Appraisal ValueIt’s common industry knowledge that you can get more for your used car when you sell it to a private party. After all, dealers must cover their overhead, and that’s a key consideration when they appraise your vehicle’s trade in value. Of course, that doesn’t stop people from trading in their vehicles because, although they may get less in return, they avoid the hassle of private advertising, and the inconvenience of waiting for a buyer. Regardless of which route you take when selling your used vehicle, however, there are a number of steps you can take to make sure that you get the most money for your used car.
Teach Your Teen the Art of Safe DrivingThe number one cause of teenage death in the United States is motor vehicle accidents. In fact, according to the center for disease Control (CDC), approximately 2,700 teenagers between 16 and 19 years old died in car accidents in the United States in 2010, and another 282,000 were treated in the emergency room. People between the ages of 16 and 19 are also three times more likely to be involved in a crash than those who are over 20. What these numbers show is that the odds are against teenagers when they get behind the wheel. What the numbers don’t show, however, is that there is a solution – parental involvement.
My Favorite AppraisalAll of my appraisals are special to me. I love hearing the stories of the cars and how they have affected my client’s life. Their vehicle has become one of their family members. The history reflects memories of past loves and future dreams.
Diminished Value Appraisals In SeattleA customer named Michelle from West Seattle called me regarding a diminished value appraisal. She had mentioned she was involved in a car accident in Bellevue which was caused by another driver. The other party’s insurance covered the $9,500 repair of her once pristine 2012 Toyota Prius which barely had 22,000 miles on the odometer. Immediately after it was out of the body shop she decided to trade it in at a Toyota dealership but the dealer would not accept the car since it was in a severe accident and could not be resold as a dealer certified pre-owned vehicle or even on the dealer lot as a used car.
Diminished Value in the SF Bay AreaI received a call from a gentleman that had been on a Ferrari Owners Rally for charity. The rally left Marin County, crossed the Golden Gate, lunched at Post Ranch Inn near Big Sur and ended in Beverly Hills. Not wanting to drive his Ferrari 612 Scaglietti back, he called a tow service.
Damages Extend Further Than Can Be RepairedSo much of our work these days seems to be as a result of an accidents which cause a diminished value to the car(s) involved......that was the case on the most recent Diminished Value appraisal that I did for Ms. Danielle H.
Making your Diminished Value ClaimGetting your car appraised by Auto Appraisal Network to determine you Diminished Value claim amount is only the first step in being compensated for your loss.
The effort we put into our reports is designed to stand up to the whole process and demonstrate to the at fault party, the you are prepared to take it as far as needed to be compensated. We compete with lots of other appraisers that can also determine the Diminished Value of your vehicle, but how far will that get you in getting compensated?