DV APPRAISAL
The Industry Leader in Diminished Value Appraisals & claims. As our Flagship Appraisal, we have extensive experience and a successful track record for valuating and recovering DV. Our in-house Appraisal Team harnesses out propriety data which supports our valuation utilizing use multiple sources, comparable valuations to the loss vehicle analyzed along with market valuations and state law.
— DIMINISHED VALUE VEHICLE VALUATION —
Description
» DV APPRAISAL
Don’t leave money on the table with our Diminished Value Appraisal. Providing the necessary evidentiary element for monetary recovery for the ‘loss of value’ a vehicle suffers in the marketplace as a result of a vehicle’s prior damage. Determining the pre-accident and post-accident valuation of a specific vehicle for use in a diminished value claim. The key stone of our success is strong data which supports our valuation utilizing use multiple sources, comparable valuations to the loss vehicle analyzed along with market valuations and state law.
Too often we see significant diminution of value left on the table by clients. Repairing a vehicle does not erase the loss in market value of the vehicle having been in an accident. Diminished Value is a recoverable damage, measured by the decrease of inherent value the vehicle is worth in the marketplace, called stigma damages.
Measures: pre-accident and post-accident valuation of specific vehicle to determine the loss of monetary value the vehicle suffers even after it is repaired using vehicle age, miles, condition, market comparables and other factors used to establish this amount.
Provides a strong basis to establish the loss of monetary value of a vehicle in which to recover Diminished Value damages.
- Off-set losses to lease portfolio remarketing as result of selling vehicles with prior accidents.
- Provides Expert testimony for litigation involving diminished value valuations.