Reed Auto Appraisers & Diminished Value Experts LLC, established in 1986, is based in the Washington DC metro area. We originally began as an independent auto damage appraisal company focusing on providing repair estimates and appraisals for auto damage claims to insurance companies, attorneys, and the general public.

In 1996, as the demand arose for a comprehensive and fair system to calculate diminished value losses due to collision damage, we recognized this need and expanded our service to include diminished value calculations for all of our clients. After years of researching the issue and monitoring the effects of collision damage on the retail sales, we developed the V-CAR software. V-CAR software assists in our analysis by comparing and contrasting relevant sales data and by weighing each repair performed on your car proportionately, based on the degree to which the damage and the subsequent repair have effected the vehicle's integrity.   Multiple factors have been considered in assigning the selected values and variables, which are ultimately employed by the appraiser to assist in determining your vehicles post-loss value. In use since 2000, the V-CAR software has assisted our appraisers in calculating losses for thousands of diminished value claims for private clients, attorneys, and insurance carriers.

Today, Reed Auto Appraisers & Diminished Value Experts LLC is one of the most well respected names regarding diminished value claims, providing fair and equitable service to all parties that are involved in the claims process. That is because our methodology stays the same no matter the client. As a result, we have had the privilege to provide our services directly to thousands of private owners, hundreds of private attorneys offices located in Maryland, DC and Virginia, multiple automobile dealerships representing over 15 different manufacturers, as well as gain recognition from several major insurance carriers.  Our senior appraiser and the company owner, Michael Wigmore, has qualified and testified as an expert witness in over 90 trials in both District and Circuit Courts in Maryland and Virginia, U.S.District Court,  as well as at the Maryland Insurance Administration (MIA).  In those 90 cases, approximately 50% of the testimony provided was in support of the plaintiff's position and 50% of the testimony was in support of the defense's position, so you can rest assured that we are truly independent appraisers, with only accurate and well documented vehicle valuation appraisals as our ultimate goal.

Our Clients:

  • Thousands of private owners

  • Hundreds of private attorneys offices located in Maryland, DC and Virginia

  • Multiple automobile dealerships representing over 15 different manufacturers

  • Several local fleet auto accounts, including rental car companies and other private based industries

  • Several state and local governments, municipalities and local utility providers

  • Several local and national insurance carriers

Our Experience:

  • Proudly serving the Maryland, Virginia and DC Metro area since 1986

  • ASE Master Certified and I-CAR Platinum Pro-Level 3 Certified Auto Physical Damage Appraiser and Technician

  • Completed 50,000 + vehicle valuations, including collision damage estimates, vehicle valuations and diminished value claims

  • Currently serve as an expert consultant to multiple local automobile dealerships, rental car companies, and other fleet accounts

  • Have provided expert witness testimony in over 90 trials in both District and Circuit Courts in Maryland and Virginia, U.S.District Court, as well as the Maryland Insurance Administration (MIA)