Hey there, auto enthusiasts! This week’s auto market update is packed with insights you won’t find elsewhere. We’re diving deep into the latest trends, focusing on wholesale prices, car and truck segments, and the factors driving these changes. So buckle up and let’s get started! This Week Last Week 2017-2019 Average (Same Week) Car segments […] The post Auto Market Update: Week Ending July 20, 2024 first appeared on Diminished Value Georgia, Car Appraisals for Insurance Claims ..read more

The automotive industry has seen notable shifts in 2024. While some automakers experienced significant growth, others faced challenges. This analysis delves into the sales performance of the top 10 automakers in the first half of 2024, highlighting key trends and market dynamics. Top 10 Automakers in 2024: Sales Analysis and Trends (PDF) Introduction The first […] The post Top 10 Automakers in 2024: Sales Analysis and Trends first appeared on Diminished Value Georgia, Car Appraisals for Insurance Claims ..read more

Have you ever wondered how an accident affects your car’s value, even after perfect repairs? Let’s dive into the world of diminished value, focusing on a real-world case study of the 2024 GMC Savana. You’ll uncover insights often overlooked and learn why an appraiser can be your best ally. 2024 GMC Savana Diminished Value Case […] The post 2024 GMC Savana Diminished Value Case Study first appeared on Diminished Value Georgia, Car Appraisals for Insurance Claims ..read more

Are you curious about what made the Chevrolet Caprice Georgia’s most-sold car in the 80s? You will drive into an in-depth analysis of this absolute auto market icon. Learn about all the secrets, features, and cultural casualties. Ready to know all the major events that made the Caprice stand out on Georgia’s streets? Let’s ride! […] The post Georgia’s Top Car: 80s Chevrolet Caprice first appeared on Diminished Value Georgia, Car Appraisals for Insurance Claims ..read more

Despite rising auction conversion rates, the days to turn on dealership lots are consistently increasing. In terms of valuations, the market continues to decline at a pace that surpasses pre-pandemic norms for this time of year.   This Week Last Week 2017-2019 Average(Same Week) Car segments –0.54% –0.62% –0.39% Truck & SUV segments –0.63% –0.42% –0.28% […] The post Auto Market Update Week Ending July 13, 2024 first appeared on Diminished Value Georgia, Car Appraisals for Insurance Claims ..read more

Electric vehicles (EVs) are steadily gaining traction in the automotive market, thanks in part to various incentives aimed at promoting their adoption. But how do these incentives impact the resale prices of EVs? Let’s explore the effects of increased incentives on EV resale values and what this means for consumers and the industry. The Effect […] The post The Effect of Increased Incentives on EV Resale Prices first appeared on Diminished Value Georgia, Car Appraisals for Insurance Claims ..read more

When it comes to car accident repairs, location plays a surprisingly significant role. While many people focus on insurance rates, repair costs can vary dramatically from state to state. Recent research by the Dolman Law Group reveals that drivers in some states enjoy much lower repair bills than others. So, let’s dive into the top […] The post Top 10 Cheapest States for Car Accident Repairs in 2024 first appeared on Diminished Value Georgia, Car Appraisals for Insurance Claims ..read more

2023 Buick Envision Diminished Value Case Study (PDF) What is Diminished Value? Diminished value is essentially the difference in your car’s market value before and after an accident. Even if your Buick Envision is repaired to the highest standards, the fact that it was in an accident will often lower its resale value. Buyers and […] The post 2023 Buick Envision Diminished Value Case Study first appeared on Diminished Value Georgia, Car Appraisals for Insurance Claims ..read more

Understanding vehicle depreciation is crucial for anyone involved in buying, owning, or selling vehicles. Depreciation impacts a car’s value over time, affecting insurance rates, resale prices, and overall costs of ownership. In 2024, several market trends are influencing vehicle depreciation, shedding light on how different factors play a role in this process. This article examines […] The post How Market Trends Are Shaping Vehicle Depreciation in 2024 first appeared on Diminished Value Georgia, Car Appraisals for Insurance Claims ..read more

Searching for The Best Insurance in Georgia? Looking for the best car insurance for you can feel like hunting for a needle in a haystack. There are so many options. For sure you’re having a hard time trying to know which one offers the best for you. You don’t need to worry anymore! The legwork […] The post 4 Best Car Insurance Companies in Georgia first appeared on Diminished Value Georgia, Car Appraisals for Insurance Claims ..read more