When your classic or custom vehicle has been in an accident, it can be devastating. All of the money, time, and effort that you put into restoring it and making just as you want is damaged or destroyed. If the accident was not your fault, we can help you by doing an appraisal to make car accident claims Medford Oregon.
A car that has been damaged loses its value, and it’s important to know by how much the value has decreased. With a diminished value appraisal, you can learn what the original value of the vehicle was on the market as well as what the vehicle is now worth, given its condition and the quality of any repairs that have been done. With that information, you can file a diminished value claim with the insurance company of the at-fault party.
With a diminished value claim, you can recover the difference in what you could have received from selling the car in its original state and what you could sell it for today. This can help ease the pain of having a vehicle that has been damaged or even totaled.
On the flip side, if you are looking to purchase a vehicle, it makes sense to have an appraisal done on it before you hand over the cash. This can help you protect your investment. If the vehicle has been in an accident, you don’t want to pay full price for it. Having an appraisal with dozens of photos to document the condition and the state of repairs can help you negotiate a price that is more in line with its actual current market value if the seller has priced the vehicle too high.
You aren’t likely to know that a vehicle has been in an accident unless you look at it from the underside of the vehicle. You can get a Carfax report, and you have to disclose repaired damage from an accident if you’re a seller, but having a knowledgeable professional appraiser under the car to discover exactly where the damage is and how extensive it is is critical to having the peace of mind you need to purchase the vehicle.
If you can’t do the inspection yourself, call an experienced appraiser to do it for you. For car accident claims Medford Oregon, give us a call. We use our extensive database of comparable sales and insurance industry standards to determine an accurate appraisal value.