Tweet Do I have an Oregon diminished value claim? If the other driver was at fault and their insurance company is paying for the repairs to your car. If you did not receive a ticket. If you are the owner, or buying your car. Leasing does not count. It would be the Leasing company that…
Author Archives: kennix
Motorcycle Appraisals
Tweet What’s your bike worth? Does your insurance company know? Few bikes are exactly the same anymore. Many owners customize their Harleys with as much as $15,000 worth of custom work and accessories. Don’t let your hard earned money go to waste, get an appraisal before something happens. Lets face it, thieves are everywhere when…
The Right Person For The Job.
Tweet When looking for an Vehicle Appraiser, you of course want someone with experience. Ken has over 20 years in the automotive business. He has sold Porsche, Volvo, BMW, Mercedes, Volkswagen, Honda, Toyota, GMC, Pontiac, Chevrolet, Ford, Dodge, Chrysler, Kia, Hyundai, Mini Cooper and many other vehicles. Ken is also the Founder /(previous) Owner of…
Beware the Insurance Appraiser.
Tweet Many insure companies have attempted to utilize a formula called “17c Formula” to calculate diminished value. While appearing sound initially, the formula is severely flawed. Below is the actual formula and explanation. Beware, as most insurance companies model their DV formulas parallel to this. 17c Formula ACV – Actual Cash Value. For purposes of…
Dimished Value In Oregon
Tweet So what’s your car worth after it’s been wrecked and reconditioned? Probably not as much as is was before the wreck. The cars above are identical in every way but one. The bottom car has had 8,000 worth of damage fixed on it. As demonstrated by the Newton’s Cradle below, inertia travels to places…
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