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Collision Safety Consultants Southeastern Louisiana
Pearl Rive, Louisiana
70458
Diminished Value | Total Loss Assessment | Collision Repair Inspections
So let’s discuss the use of formulas when calculating the loss in value after a vehicle has been wrecked. There are appraisers out there using a formula method to determine a dollar figure on how much value a vehicle has lost. Please be aware, that using a formula where you plug numbers in and out comes a figure, cannot in fact objectively determine a vehicle’s true loss in value. A reputable Diminished Value appraiser will base his findings on a methodology that can be substantiated. For example, if they use this formula for a 2016 Mercedes S550 and then use the same formula for a base model 2012 Chevy Silverado – no accurate valuation comes from it when these vehicles are not even in the same class and do not depreciate at the same rate.
You deserve an honest, unbiased, independent appraiser team that utilizes a proven method that can be explained and backed up by facts. You deserve the best appraiser for your diminished value claim. Call us to help you recover the lost value on your wrecked vehicle.
504-452-4428 We’re Collision Safety Consultants and we’re South Louisiana Local.
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