Wondering how the auto market is shaping up as we head into the summer? Well, you’re in the right place! This week’s update uncovers some intriguing trends that most websites gloss over. Let’s dive into the data and see what’s happening in the world of cars and trucks. Auto Market Update Week Ending May 25, […] The post Auto Market Update Week Ending May 25, 2024 first appeared on Diminished Value Georgia, Car Appraisals for Insurance Claims ..read more

Few people pay for a new car entirely upfront, so financing or leasing is the go-to method for most. The agreed-upon length of time you have to pay off your lease or loan is called the term. Let’s dive into what these terms mean, how long they typically last, and why they matter for your […] The post How Long Should You Finance Your New Car Purchase? first appeared on Diminished Value Georgia, Car Appraisals for Insurance Claims ..read more

In recent years, the midsize sedan market has seen big changes. Once a popular choice for many drivers, midsize sedans are now losing ground. With several carmakers discontinuing their sedan models, the landscape is changing fast. Yet, amid this decline, the Toyota Camry remains strong, leading in sales. This article looks into why midsize sedans […] The post Why Are Midsize Sedans Fading Away? Insights and Analysis first appeared on Diminished Value Georgia, Car Appraisals for Insurance Claims ..read more

Accidents happen, and when they do, they can really hit you in the wallet, especially if you own a vehicle like the 2022 GMC Canyon Denali. When a car gets damaged and repaired, its market value usually takes a hit. This decrease in value is known as diminished value. In this article, we’ll dive into […] The post 2022 GMC Canyon Diminished Value Case Study first appeared on Diminished Value Georgia, Car Appraisals for Insurance Claims ..read more

The auto market for the week ending May 18, 2024, is marked by a sense of stability with subtle yet significant shifts that paint a detailed picture of current trends. While overall prices remain steady, a closer look reveals interesting dynamics across various segments. Auto Market Update Week Ending May 18, 2024 (PDF) Stability and […] The post Auto Market Update Week Ending May 18, 2024 first appeared on Diminished Value Georgia, Car Appraisals for Insurance Claims ..read more

The Biden administration’s recent decision to impose stiff new tariffs on Chinese electric vehicles (EVs) and critical minerals has sparked a wave of discussions. While some believe this move is necessary to bolster domestic production, others are concerned about the immediate economic impacts and the potential rise in EV prices. Let’s dive into the details […] The post Impact of New U.S. Tariffs on China’s Auto Industry first appeared on Diminished Value Georgia, Car Appraisals for Insurance Claims ..read more

Navigating the world of insurance claims can be overwhelming, especially when dealing with appraisal clause disputes. This blog post aims to clarify the different types of disputes that can arise, focusing on three key states: Georgia, North Carolina, and other states in general. We will also provide a flowchart to help visualize the information. Understanding […] The post Understanding Appraisal Clause Disputes in Insurance Claims first appeared on Diminished Value Georgia, Car Appraisals for Insurance Claims ..read more

Accidents happen, and when they do, they can significantly impact the value of your car. If your 2024 Kia Niro was in an accident, you might be wondering about its diminished value. Let’s delve into how the diminished value is calculated and what it means for you. 2024 Kia Niro Diminished Value Case Study (PDF) […] The post 2024 Kia Niro Diminished Value Case Study first appeared on Diminished Value Georgia, Car Appraisals for Insurance Claims ..read more

The Biden administration’s new tariffs on Chinese electric vehicles won’t have a huge immediate impact on American consumers or the car market because very few such cars are sold in the United States. But the decision reflects deep concern within the American automotive industry, which has grown increasingly worried about China’s ability to churn out […] The post Are Chinese Electric Cars a Threat to U.S. Automakers? first appeared on Diminished Value Georgia, Car Appraisals for Insurance Claims ..read more

In this week’s update, we’re diving deep into the nuances of the auto market as of May 11, 2024. The pulse of the market is steady—unfaltering yet revealing subtleties that predict future shifts. Here, we go beyond the typical metrics to uncover the less-discussed details that shape the automotive landscape. Auto Market Update Week Ending […] The post Auto Market Update Week Ending May 11, 2024 first appeared on Diminished Value Georgia, Car Appraisals for Insurance Claims ..read more