If you are considering selling or trading your car, a diminished value report may be in order. This is especially true if the vehicle has been involved in a collision. Even repaired vehicles diminish in value, despite what some mechanics may tell you.
An extensive report can outline the change in value of a car. This is usually the result of natural depression or a vehicle needing repairs after an accident. You may get a better price at point-of-sale with a diminished value inspection that reflects a fair assessment of worth.
At Wreck Check Atlanta, we employ experienced appraisers who specialize in producing diminished value reports. Quality of repairs, damage severity and general maintenance are all factors that are thoroughly assessed.
Who Should Get a Diminished Value Assessment?
Even if a car is repaired after an accident, it may never run or appear the same. You may recoup some of your losses by getting a diminished value assessment from a reputable appraiser. Insurance companies do not typically pay out for diminished value. You will only benefit from the cost of repairs to the vehicle when making a claim.
With a diminished value report in your arsenal, you have a weapon that can help you negotiate a fairer settlement. Valuing a car at point-of-sale is difficult for the average person. Aside from the fact that you could end up ripping off the buyer, there is a risk of losing money on the sale. A diminished value assessment will give you an idea of a fair price to negotiate with interested parties.
Wreck Check Atlanta
Wreck Check Atlanta can provide all the collision assessments you need. Whether you are negotiating with an insurance company, purchasing a new vehicle or selling your current car, we offer expert support.
The reports we create are based on a comprehensive inspection of the vehicle. You will have all the information needed to present to insurance companies, buyers or sellers. We look forward to supporting you through what is often a stressful process. Call our offices today to discuss your needs.
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