Sunday, December 13, 2009

AUTOMOBILE DIMINISHED VALUE EXPLAINED - FLORIDA




POMPANO BEACH, Florida - Your car was recently involved in a minor parking lot collision when another driver backed into it.

The other driver's insurance company will gladly pay to have your vehicle repaired and then they hope you'll go away forever.

The unpleasant surprise you'll get a year down the road when you go to trade your car in is known as Diminished Value. The car you thought was worth $20K in trade-in value may be worth only half that much. Why? Because of that minor fender bender that occurred years before.

Even though your automobile may have been properly repaired, the fact that a previous damage entry appears on your CARFAX means that your car is worth much less to the dealers and wholesalers-as much as 50% less!

In Florida, insurance companies of at-fault drivers recognize that they must pay automobile Diminished Value claims. The newer your car, the more you have to lose in equity. Be aware-know your rights and options. If your late-model car or truck was damaged by an at-fault driver, AKA a third party, you are entitled to compensation.

The St. Lucie Appraisal Company handles Automobile Diminished Value appraisals throughout Florida.


 
http://stlucieappraisal.net/
AUTO & PERSONAL PROPERTY
SERVICE THROUGHOUT SOUTH FLORIDA

paypal payment button The fee for an Automobile Diminished Value Report is $275.00. You may also make your Credit Card Payment by telephone, call 772-359-4300. Credit card payments can be made on the PayPal page. Click on "Don't have a PayPal account?" to be taken to the secure credit card payment page. 

After making your secure payment please email the body shop estimate or the insurance company appraisal to contact@stlucieappraisal.net or FAX to 772-466-8400.

NOTE: TESLA OR OTHER EXOTIC CAR OWNERS PLEASE CALL 772-359-4300 TO ARRANGE FOR AN AUTOMOBILE DIMINISHED VALUE APPRAISAL.