Vehicle Shortages Make It Vital to Protect Your Vehicle’s Value Alpharetta, GA
A car model in a shelter made from a 100 dollar bill.

Since the pandemic, there have been many shortages in products – from toilet paper and food items to lumber and building supplies. The auto industry has been hit particularly hard and buying a new or used vehicle could cost you several thousand more than just a few years ago, if you can even find a vehicle in stock. More than ever, it is vital to protect your current vehicle’s value, as it may not be easy or affordable to replace.

In the past, if you were in a vehicle wreck, the biggest concern was ensuring your vehicle was repaired properly or that you receive fair compensation for a vehicle that was totaled. With the current market for vehicles, it is even more important to ensure that your investment is protected. If repairs are not performed correctly, or you do not receive adequate compensation for your vehicle, it is not simple to replace your current car or truck.

Calculating Diminished Value

The change in the market makes it more important than ever to protect yourself against diminished value after a crash. Your vehicle may be worth more now than two years ago – many vehicles have increased in value versus the normal depreciation. If you are involved in a wreck, calculating the change in value to your vehicle is complex with the changes in the current market. Types of diminished value include:

  • Immediate. This is the change in value that occurs once your vehicle is in a wreck before repairs are made.
  • Inherent. This is the change in the resale value of the vehicle after repairs are made.
  • Repair-related. If the repairs are not performed correctly, repair-related diminished value can occur.

Since replacing your vehicle can be very costly at this moment in time, you must protect your investment. The standard rates and values that insurance companies use to compensate you for your loss may be extremely low in comparison to the current values.

At Wreck Check Atlanta, we are vehicle value experts and consumer advocates. If you have a vehicle that has been damaged in a crash, let us help you ensure that you receive quality repairs and compensation that meets the current value of your vehicle. Call our office in Alpharetta, GA to schedule an inspection.

Posted on behalf of Wreck Check Atlanta

Our happy clients!

Wreck Check Atlanta is the leader in Post Repair Inspections, Diminished Value Assessments and detecting Improper and Unsafe Repairs. Due to our success we have many satisfied clients that would like to tell you about their experience with our company.

  • Amazing! He told me early on how much money he was going to be able to get me and he was spot on. I paid a small fee to get thousands more in my diminished value claim than the insurance company was offering. Further, RJ was very easy to get in contact with. He responded to my emails almost instantly. The whole process went by so quickly once he was involved. I would recommend him to anyone.

    Hunter Owens
  • My insurance company offered me 37 bucks in diminished value. My case was slightly complex due to the insurance companies appraiser being stubborn and difficult. It had to be escalated to an unbiased umpire for a final binding decision. I wasn't expecting for it to go this far however it did. I ended up getting close to 3K back. RJ is extremely professional and he fights for you. The only issue to me is his preferred method of communication which is by email. Which i became accustomed to because he responds more prompt that way. He generated a 30 to 40 page report. He works extremely hard and for that I'm appreciative.

    Ricky Major
  • RJ is Awesome! He got me 10x what the insurance company offered on a 2 year old accident. Also, I traded the car in 7 months ago so I no longer had it. If I could share this experience with every person I see I would. I’ve already told several family and friends, it’s really just unbelievable to me! If you have any question what so ever, I promise his fee will be the best $275 you’ll ever spend!!

    Paras Raichura
  • Very responsive and professional. Helped me through the process step by step. I know that without their help I would not have gotten any money from the insurance company, literally pennies on the dollar without Wreck Check!

    Mayra Saldana
  • RJ Sweeney is very quick, effective, and efficient. He got me more money out of my car’s value after my insurance company low-balled me. Use him!!!

    Jessica Via
  • Helped us through the process. Very responsive. We were able to get more than we originally though. Thanks, RJ!

    Dani Senne
  • This was my first time working with a diminished value appraiser and RJ Sweeney made it an amazing experience. He helped me get 10 times the amount of the original offer from the insurance company

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Call Us: (770) 675-1828
Text Msg Line: (770) 759-8765
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