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Find out what your car was worth prior to the accident

Find out what your car was worth prior to the accident
If you have been in an accident and it has been determined that your car is a total loss, your insurance company will need to pay to replace your car. Chances are they will not offer you enough to actually buy a similar car in comparable condition with the same miles and options.  Your policy contains an ‘Appraisal Clause’.  Be sure to invoke your right to use it!

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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.

Flooded cars in Fort Lauderdale and Hollywood, South Florida Flooded cars in Fort Lauderdale and Hollywood, South Florida

If your vehicle was damaged during the recent historic rainfall and floods in and around Fort Lauderdale and Hollywood, South Florida, it is highly likely your car will be declared a total loss by your insurance company. Be aware of the 'Appraisal Clause' in your policy, and/or do an internet search. Do not accept your insurance company's first offer. Invoke your 'Appraisal Clause.' Big $$$ at stake!

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.

Stolen car, now what? Stolen car, now what?

Stolen car, now what? If your vehicle is stolen, you should call the police immediately and then notify your insurer, your lender and your state’s DMV. Almost 900,000 vehicles were reported stolen across the U.S. last year according to the National Insurance Crime Bureau (NICB), an insurance industry association. Lots of questions! What happens when your car is stolen then found? Who will pay for the damages that happened when the car was not in your custody?

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.

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Find out what your car was worth prior to the accident