Diminished Value Reports in Silver Spring, MD

A Diminished Value Report is submitted to an insurance company to recoup lost value from a vehicle prior to an accident and its current value after repairs. Any vehicle with significant value rooted in its original condition should have a diminished value report completed and filed after an accident. REGARDLESS OF AGE AND MILEAGE, if your vehicle has been well maintained, even as a daily driver, it may have sustained a substantial loss in value based on your accident history.

We provide a complete analysis of condition and diminished value so you can recoup the difference in value you’re due. Our method is supported by proprietary V-CAR technology, backed by actual sales data specific to your vehicle and decades of experience to ensure the most accurate possible valuation.

The reason we’re so widely trusted as vehicle appraisers in Silver Spring, MD, Washington D.C. and Northern Virginia is because we use independently verifiable data to back our reporting and valuations. We take a common-sense approach to vehicle appraisal, calculating value based on extent of actual physical damage, industry accepted vehicle condition ratings and real, independent sales data specific to your vehicle.

Finally, all of our appraisals are handled in-house and certified by our appraisers. By choosing an accredited appraiser, you can SIGNIFICANTLY INCREASE THE CHANCES OF SUCCESS FOR YOUR CLAIM. If you decide on inexperienced or improperly trained appraiser, it can cost exponentially in the long run. We often encounter clients who are shopping for appraisers and we encourage our clients to do so, as its just a smart business decision to compare services. But please keep in mind you should make sure to compare apples to apples. In our experience, the vast majority of independent appraisers lack even the most basic training and qualifications in their field. Their training may be primarily in vehicle collision repair (not vehicle market valuation) and / or the “organizations” they belong to are not recognized and may only require a nominal membership fee to obtain a “certification”. Most of these appraisers may provide a “money back guarantee”, or promise settlements entirely out of the realm of possibility, or may tie their service fee to the outcome of your claim to lure you in. They may not even offer an actual inspection of your vehicle, and if they do, will often hire an outside third party (from the want-ads) to photograph your vehicle to claim it was inspected. These tactics are unethical, unfair and costly to the client. If any of these tactics are used, the report offered can not be considered certified, and the client will be left holding the bag when the insurance company provides any kind of push back. In the end, any claim made to an insurance company or any at-fault party to dispute any valuation should be made by a reputable and respected appraisal company like ours. We will help guide you through the entire claims process, providing sound, experienced based advice the entire way.

Get the Real Value for Your Vehicle

Reed Auto Appraisers & Diminished Value Experts LLC is the foremost authority for car appraisal in Silver Spring, MD, Washington D.C. and Northern Virginia. Contact us today at 301-946-6116 and you’ll see why. We deliver accurate reporting in a timely, professional manner, so the value of your vehicle is never in question.