Diminished Value (Loss of Value)

There are many steps in the process to determine if there is any diminished value, and if so, why and how much.  Since there is no standard set of rules and/or guidelines for determining diminished value, this company designed a methodical process in an effort to eliminate arbitrary, capricious, or inconsistent determinations in its documents.  It is apparent that the number of diminished value claims will keep increasing, documents will constantly be evaluated for credibility, and more lawsuits will be filed unless there is a precedent set that differs from the current trend.  ....Want more information, Click Here!

Actual Cash Value

"Actual Cash Value" - Determination of the value of a vehicle prior to particular situation. (ex. total loss, damage, theft, etc.)

Origin/Cause

This is the determination of "how something happened" to a vehicle.  Usually, it involves electrical problems, fires, brake failure, etc. with a vehicle and if it is related to any other damage, repairs or manufacturer defects.

After an evaluation/test the cause of the problem and where it originated is determined.

Accident Reconstruction

Simply stated - we "reconstruct an accident" to make a determination.  This may be done to determine who was at fault, what vehicles were involved, malfunctioning stop lights, poor visibility (ex. trees, shrubs, poles), etc.

Stated Value

This is the determination of the "replacement cost" of a vehicle for insurance coverage.  This is only for vehicles that are antiques, classics, customized, special interest, etc.  This is different from an ACV since the vehicle may have no true market analysis due to its age, customization or rareness.  Therefore, each vehicle is evaluated on its own basis in many areas.  These may include, but are not limited to, the following: uniqueness, originality, rareness, restoration quality, receipts, etc.  Therefore, the vehicle is appraised in an effort to protect the owner's investment in a vehicle.  Also, this benefits the owner and the insurance company to have the value properly stated so that the premiums are set accordingly.

Bonded Title Appraisal

To replace a lost title for your current vehicle.

Market Range Appraisal

To assist you in selling your vehicle.

Asset Evaluations Appraisal

To determine a value of a vehicle for divorces, donations, wills, etc.