What Does it Cost?
“How much does it cost for a Diminished Value Report?” Understandably, this is one of our most frequently asked questions and the most difficult to answer simply because the cost of a Diminished Value Report depends upon a number of factors that are unique to each individual situation and pricing of the service(s) may be based upon several factors. For example:
- The nature and severity of the property’s damages?
- The location of the vehicle to be inspected
- The type, age and condition of the vehicle
- How much research will be required to establish an accurate pre-loss market value for the subject vehicle?
These are just some of the factors that can affect the cost of your individual report. The best way to determine the cost for your particular needs is to complete our convenient, online Inquiry Form and receive a free, no obligation consultation. When completing the form, please provide as much information as possible; upon receipt, we will contact you to discuss your particular needs, the recommended service(s) and their anticipated costs.
While many Diminished Value (DV) service providers are available today, they vary in the types and quality of services offered as they do in professionalism and credibility. As an example, there are some who offer an Internet based Diminished Value report with no inspection of the vehicle! It only makes common sense that one of the main factors in making a fair and proper valuation is to determine the pre-loss condition and value of the subject vehicle. What about the quality of the performed repair? How would the parties know if the vehicle was, or was not repaired properly? What if serious safety related flaws and defects, identifiable only by experts, remained, potentially placing the driver, their passengers and others on the roadway in harms way?
To resolve a claim for Diminished Value, in an efficient and equitable manner, the parties must select representatives with the knowledge required to ascertain and provide the required information in a succinct and convincing manner. Not knowing the pre-loss condition of a vehicle would be, at best, detrimental to the parties involved.
Be cautious! As in any profession, there are the best of the best, the worst and of course everything in between. It is vital to secure the services of true experts to assist you. When seeking a Diminished Value expert to assist you in such matters it would be wise to remember the age old adage: “Cheaper is Rarely Better and Better is Rarely Cheaper”.
Note: In most instances, the costs of Diminished Value appraisal services may be recoverable as part of your claim.
Whether an individual consumer, or a seasoned professional, one would be wise to seek and secure the services of the professionals whose work product has and continues to withstand scrutiny. We are ready to ADE you!