Leave Review on Google Leave Review on Facebook Check out what our clients say

Amanda's Hyundai Diminished Value Story

Tags

All blog car appraisal cars tires Auto insurance Safer driving Divorce appraisals Car consultant DiminishedValue Diminished Value VIN Vehicle Identification Number Collector Cars Appraisal Clause Pre purchase inspections Vehicle Inspections Charitable Donation Total loss Prior to loss Totaled car Wrecked car Modified vehicle Extended warranty Probate Estate settlement Boat appraisals Financing Stolen vehicle Auto theft Hyundai Restomod Amelia Island Auction Nissan Cadillac Auto accident Collector car math Porsche Stolen car Ferrari Agreed value insurance RM Sotheby Monterey Ford Thunderbird Pebble Beach McLaren Mercedes Austin Car Jokes Hurricane Dorian Flood Austin Healey BringATrailer Buick Audi R8 Motorcycle appraisal Lamborghini Most Expensive Car in the World Fair Market Value Datzun 240Z Barn find Ford Bronco South Florida Bullitt Mustang 1937 Cord Bugatti Chevy Tahoe Jaguar Rebuilt title car appraisal near me Boat appraisal Fair market value appraisal Triumph TR6 Auto Appraisal Tesla Florida Recreational vehicle Miura Pinto Veyron Yugo Trabant Koenigsegg collector motorcyle Bankruptcy Rolls Royce Charity Donations Polaris Slingshot Auto loan Merry Christmas Antiquecar Classiccar fordmustangfastback motorcargallery Alfa Romeo Chevrolet Tri-Five Race car Teen driving Excalibur Phaeton Fire total loss insurance settlements Ford Pinto Chevrolet Vega AMC Gremlin JDM Japanes Domestic Market Kuruma Imports Branded title Salvage title Dodge Durango SRT Hellcat NSX Ford Mustang Shelby Hurricane Ian Flood total loss Emission standards Citroen Peugeot Renault French cars Texas Ireland Joke Registration Dirtlegal Land-Rover Defender AMC Pacer southfloridacarappraisers BMW Depreciation Auto inpector car inspector Replica Tribute Clone Recreation Kit car Ford performance Prostate cancer Alvis Mens health Movember AACA Classic car financing 1959 Ford Fairlane insurance claim Car appraiser Car adjuster Repair shop Stated Value AppraisalClause AutoInsuranceSecret Classiccars Investments Astonmartin Volkswagen Harlequin Classic car color change Most satisfying car Least satisfying car Fridge Corrosion Beingparked Friction 5starrating Googlereviews

Facebook Feed

What kind of auto insurance is right for you? What kind of auto insurance is right for you?

Daily driver (Stated Value) insurance is well suited for your daily driver car that is depreciating in value, but your custom or restored collector car that is going up in value, needs different (Agreed Value) insurance coverage. Do NOT lump your daily drivers and collector cars on the same policy! In the event of a claim for your collector car, you could be greatly disappointed!

Is diminished value the same as depreciation? Is diminished value the same as depreciation?

Diminished value and depreciation are two separate and distinct issues. Diminished value is the difference between your vehicle’s market value before an accident and its value after an accident, once repaired. Depreciation is your vehicle’s loss in value over time, which is caused by normal wear and tear. Your car’s depreciation is determined based on its mileage, age, make, model, and general condition.

Car appraisals from Key West to Port Canaveral Car appraisals from Key West to Port Canaveral

For cars, trucks, motorcycles, motorhomes, RVs, boats and light aircraft appraisals, from Key West to Port Canaveral, South Florida Car Appraisers has you covered.

15 year old BMW 650 has over $5,000 in Diminished Value 15 year old BMW 650 has over $5,000 in Diminished Value

This 15 year old BMW 650 was in an accident caused by another, resulting in over $10k in damage repairs. Following a Diminished Value appraisal, the owner is now making a $5,000 claim against the insurance company of the at-fault driver.

Diminished Value - everything you need to know! Diminished Value - everything you need to know!

Almost everything you need to know about Diminished Value to your vehicle is in this article: https://classicmotorsports.com/articles/crash-course-diminished-value/ If you have been in an automobile accident, contact us and we'll walk you through step-by-step what you need to do to receive compensation for your loss.

How much is my rebuilt title vehicle worth? How much is my rebuilt title vehicle worth?

As a follow-up to this post: https://southfloridacarappraisers.com/classic-car-news-and-tips/how-do-you-get-financing-on-your-branded-or-rebuilt-title-1657747143488.html? several have asked what effect a rebuilt title has on the value of a vehicle. As attorneys are known to respond – “it depends!” Comparing two identical vehicles, same year, make, model, options, mileage, and condition, the one with the rebuilt title can be worth anywhere from 20% to 40% less than the one with a clean, no accident history.

Stolen 2021 Dodge Durango SRT Hellcat Stolen 2021 Dodge Durango SRT Hellcat

With just 200 miles on the odometer, this 2021 Dodge Durango SRT Hellcat was stolen out of the owner’s driveway at 2:30 AM, never to be seen again! Fortunately, he had comprehensive insurance with the “Good Hands” folk! Unfortunately, they wanted to reimburse him just $83,036 for his loss! Luckily, he was familiar with, and decided to invoke, the ‘Appraisal Clause’ in his policy and hired Auto Appraisal Network of South Florida to provide a prior-to-loss fair market value appraisal.

Car appraisal near me Car appraisal near me

If you are looking for a car appraisal near you, and you are in South East Florida, you've found us! Getting a car appraisal before you buy, sell, or trade a car helps you get a good idea of the vehicle’s value and puts you in a better-informed position to negotiate. Several factors can affect a car’s value, such as your location and what kind of buyer you’re selling to (if you’re selling). Where you go to get your car appraisal could also affect the estimate you receive. Online guides, lenders, car dealers and professional appraisers can all offer car appraisals.

Is your car repairable, or a Total Loss? Is your car repairable, or a Total Loss?

You have just been in an automobile accident and now you are wondering if your vehicle is repairable or if it’s totaled. Your body shop manager says that they are certain they can repair it, but the insurance company says they want to total it! What to do? Who do you believe? What are your options?

The two secrets the auto insurance industry doesn't want you to know! The two secrets the auto insurance industry doesn't want you to know!

The two secrets the auto insurance industry doesn't want you to know are "Appraisal Clause" and "Diminished Value." Almost every auto insurance policy has an Appraisal Clause, giving the policyholder, in the event their vehicle is declared a total loss, the right to an independent appraisal of the prior-to-loss fair market value. Diminished Value is the sudden loss of value because of an accident. If you were not at-fault in the accident, you can make a Diminished Value claim against the at-fault driver's insurance company. Call/text 786-853-0711 with any questions.

Auto Appraisal Network South Florida

Enter Your Zip Code

Amanda's Hyundai Diminished Value Story