Diminished Value Report Appraiser in Silver Spring, MD
Reed Auto Appraisers & Diminished Value Experts LLC is one of the most reputed and trustworthy vehicle appraisers in Silver Spring, MD, Washington D.C. and Northern Virginia. Our proven approach to car appraisal has earned us the respect of private clients, national insurance companies, local attorneys, area municipalities and more. Our valuations are the bottom line: trusted as the standard and backed by thorough research and reporting.
We assess and appraise vehicles for a wide variety of claims, including diminished value reports, disputed values and actual cash value reporting. From totaled vehicles to classic cars for resale, turn to us to make sure the reported value is accurate and accepted by all parties.
Diminished Value Reports
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.
We provide a complete analysis of condition and diminished value so you can recoup the difference in value you’re due. All diminished value reports are supported by our own V-CAR technology. We use proprietary technology that’s backed by decades of experience to ensure the most accurate possible valuation.
Fair Market Value Reporting
Fair Market Value, also known as Actual Cash Value (ACV) a is an important figure to understand and one we can help you assess in the event you’re seeking or receiving payout for a totaled car.
We provide a complete breakdown of your vehicle, including condition, equipment, mileage and more, as to ensure the payout for a total loss is accurate and fair or your vehicle is being valued properly for an insurance policy.
Our reporting is so accurate, several large insurance carriers pay claims based solely off the calculations contained in our reports. All you may have to do is submit it to them!
Total Loss / Disputed Values
Automobiles are highly subject to valuation discrepancies, largely because they’re worth different amounts to different people in different situations. We strive to provide a baseline value for our clients that’s rooted in fact and reason. Let us provide you with a car appraisal that’ll hold up in court or against any insurance claim. Some of the situations we provide disputed claims for include:
Diminished value claims due to a loss in value from an accident history
Insurance claims payouts in which clients feel as though their vehicle is undervalued
Valuation for fleets for businesses seeking to write down assets or depreciation
Valuation for vehicles post-accident or repairs
The reason we’re so widely trusted as a vehicle appraiser in Silver Spring, MD, Washington D.C. and Northern Virginia is because we use actual, industry recognized 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
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.