How to Deal with a Denied Diminished Value ClaimAn important factor to remember when submitting a Diminished Value claim is that, you are not the insured and while like any business they probably need more customers, they are not at all worried you will cancel a policy or even be a future client. They will be rude, deceptive and make the process so frustrating you will give up. This is by design, the less they pay out in claims, the more they are making.
Hiring a the Best AppraiserFor the most part the typical person who needs an appraisal has no idea what to look for in a good or bad appraiser and for the most part I work with some great appraisers and frequently refer clients to other appraiser that I respect.
Actual 1898 Porsche, Barn Find of the CenturyPorsche revealed that it has acquired the first car ever designed by founder Ferdinand Porsche.
The “P1” Egger-Lohner was an electric car designed by Ferdinand Porsche at the age of 22 and powered by a rear mounted 3 hp electric motor and a 12-speed control unit, which was most likely similar to a stepped resistor network similar to those used in vintage golf carts. The P1 was based on a Egger-Lohner carriage and weighed 2,977 lbs. P1 had a top speed of 21 mph and could go nearly 49 miles on a single charge.
The Bobby Darin's "Dream Car”Known as the Bobby Darin Dream Car. It was the only automobile design by clothing designer Andy DiDia, which took seven years to build (1953-1960).
The 1960 DiDia 150 was a luxury, custom-designed car also known as the "Dream Car" and forever associated with its second owner, singer Bobby Darin. At the time the car was listed as most expensive 'custom-made' car in the world by the Guinness Book of Records.
Driving Your Car In the WinterPros and Cons of Driving Your Car In the Winter
By: Candice Hubbard
Northside Driving Schools don't just stop giving driving lessons because the weather turns cold. No indeed. They take their clients out on the roads in all kinds of weather to ensure that they get the best driving experience possible. The only way to do that is to have them drive through snow, ice, rain, whatever weather the day brings. That's a great attitude to have but there are both pros and cons of driving a car in the wintertime.
Volkswagen GTI Diminished ValueUsing a Diminished Value appraisal following a car accident is a great way to ensure you receive the full amount of money lost from the accident.
Our client had a 2007 Volkswagen GTI 2.0T that was damaged during an auto accident in Fort Worth, Texas. The insurance agency performed their standard appraisal and offered the owner around $4,200 to cover the repairs on the vehicle. The car owner and his lawyer came to Ron Gibson, owner of AAN of Dallas, to have a Diminished Value appraisal completed. This type of appraisal finds the decreased market value of a wrecked vehicle even after the car has been properly repaired. Owners do not realize the diminished value of their vehicle until they try to sell.
Divorce AppraisalsA few years ago, the AAN of Dallas owner, Ron Gibson, helped a car owner as she prepared for her divorce. She had six cars that needed to be fully appraised to determine their current values and chose our company for advice and support.
The cars being appraised included four Mustangs, a Thunderbird, and a Fairlane 500. Ron took over 500 photos of the cars to incorporate into the separate appraisals. The total appraised value of the vehicles was over $200,000.
Diminished Value: What Our Customers Need to KnowFollowing a car accident, we depend on our insurance companies to cover the cost of the repairs. The goal is to get our cars back looking and performing as if nothing happened. Later on down the road, when we are ready for a new car and decide to sell it or trade it in, we find out how much value was lost due to the accident.
Late Great Chevy show, Norma's restaurant in North DallasMy husband, Rob, and I set out to enjoy that beautiful Texas weather we had in July. Our first stop was at the Late Great Chevy show held at Norma's restaurant in North Dallas. There was a great group of cars that came out for the evening. You can see I found the car of my dreams!
The weather was so nice. We were in no rush. There were a few Chevelles, a Nova, a 1951 BelAir Deluxe, a 1970 AMC AMX, and many more that looked amazing. A Sprint SP at the end of one of the rows caught our eyes as we walked on to the lot where the show had already started. The owner said he bought it out of a junk yard in 1984. It had been totaled with the entire right side of the vehicle smashed in. To him, it was his dream project.