Houston Diminished Value Claims

Houston Diminished Value Claim

Click here to go to the FREE Diminished Value Range Form.

Looking for a certified auto appraiser in the Houston area? Look no further. The Auto Appraisal Group has agents located both in and around the Houston areas to provide a certified auto appraisal of your vehicle's diminished value due to accident damages and repairs. These AAG agents can help you receive compensation for your auto's loss of value or diminution of value.

Diminution of value happens when a vehicle is wrecked or damaged in an accident. The vehicle is then repaired or restored back to road worthy condition. The insurance company agrees to pay the auto claim for the repairs. You have your vehicle back, but it's just not the same.

In a recent study, 43% of the people surveyed would not buy an auto that was in an accident, and 42% said they would buy a car that has been in an accident but only if it were being sold for a large discount.

So what does that say about your vehicle’s diminished value? Is it worth as much now that its been repaired as it was before the accident damage? Insurance companies have been wrestling with this question from their diminished value claimants for many years. Does your insurance company pay for diminished value claims? Has your car diminished in value because of the repairs required by an accident? How do you know?

You may not, but we do. AAG is your diminished value appraisal professional. We make it our business to know. Our diminished value vehicle appraisers attend auto auctions nationwide to gather information on automobiles sold that have sustained accident damage. Our vehicle appraisers then compare the sale price of these damaged and repaired vehicles to the sale price of those that have not been in an accident. This use of comparables gives us a percentage of loss of value for each type of diminished value claim. The results tell the story.

AAG Diminished Value Claim Appraisal Advantages:

  • Extensive centralized database to assist in valuation & comparable research
  • Over 300,000 values added each month
  • Family-run organization that provides personalized customer service and certified agents.
  • AAG can mediate with other party's car appraiser
  • Nationwide support and coverage.

Tax Deductible Diminished Value

An AAG certified diminished value claim appraisal can also assist you in determining the amount of loss you can claim as an itemized tax deduction on Form 4684 on your Federal tax return. The part of the loss not reimbursed by the insurance company is tax deductible. In many cases, the cost of the car appraisal can also be claimed as an itemized deduction. Let AAG help you determine your vehicle's diminished value so that you can be sure to create a diminished value claim that includes everything you are entitled to.

Click here to learn more about AAG Diminished Value Appraisals.

Since 1989 AAG has offered a wide variety of car inspections and auto appraisals on all types of late model vehicles for diminished value claim purposes including but not limited to:

Acura, Audi, Bentley, BMW, Buick, Cadillac, Chevrolet, Chrysler, Corvette, Dodge, Ferrari, Fiat, Ford, GMC, Honda, Hummer, Hyundai, Infiniti, International, Isuzu, Jaguar, Jeep, Kia, Lamborghini, Land Rover, Lexus, Lincoln, Lotus, Maserati, Mazda, Mercedes-Benz, Mercury, MINI-Cooper, Mitsubishi, Oldsmobile, Plymouth, Pontiac, Porsche, RAM, Rolls-Royce, Saab, Saturn, Scion, Shelby, Subaru, Tesla, Toyota, Volkswagen, Volvo.

 

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