The St Lucie Appraisal Company

02/02/2025

HAS THE MASSACHUSETTS SUPREME COURT SHOT ITSELF IN THE FOOT?

MA consumers whose cars were wrecked by an at-fault party must now burden the court system to obtain judgements to collect for their vehicle’s diminished value.

01/04/2025

Subject: Request for Update of Service Locations Information

Dear Facebook Development Team,

I hope this message finds you well. I am writing to share updated service location information for The St. Lucie Appraisal Company to ensure that the details in your system are accurate.
The St. Lucie Appraisal Company specializes in automobile, personal property, and diminished value appraisals. Established in 1981, the company has been serving clients nationwide for over four decades, offering appraisal services across all 50 states. For inquiries, you can contact us at (772) 359-4300 or via email at [email protected]. Our official website is https://stlucieappraisal.net.

Updated Service Locations:
1. 1717 Orange Ave, Fort Pierce, Florida 34954, US | (772) 359-4300
2. 4114 North 28th Street, Phoenix, Arizona 85016, US | (772) 359-4300
3. 4722 SE 17th Avenue, Coral City, Florida 33904, US | (772) 359-4300
4. 235 Pharr Road NE, Atlanta, Georgia 30305, US | (772) 359-4300
5. 343 South Dearborn Street, Chicago, Illinois 60604, US | (772) 359-4300
6. 456 Meridian Street, Indianapolis, Indiana 46208, US | (772) 359-4300
7. 405 6th Avenue, Des Moines, Iowa 50309, US | (772) 359-4300
8. 1010 N. Ridge Road, Wichita, Kansas 67212, US | (772) 359-4300
9. 657 South 3rd Street, Louisville, Kentucky 40202, US | (772) 359-4300
10. 701 Loyola Avenue, New Orleans, Louisiana 70113, US | (772) 359-4300
11. 511 W. Pratt Street, Baltimore, Maryland 70113, US | (772) 359-4300
12. 1623 2nd Avenue North, Birmingham, Alabama 35203, US | (772) 359-4300
13. 110 West Grant Street, Minneapolis, Minnesota 55403, US | (772) 359-4300
14. 127 South Roach Street, Jackson, Mississippi 39201, US | (772) 359-4300
15. 628 South Main Street, Joplin, Missouri 64801, US | (772) 359-4300
16. 3875 Cambridge Street, Las Vegas, Nevada 89119, US | (772) 359-4300
17. 66 West 38th Street, New York, New York 10018, US | (772) 359-4300
18. 6801 Los Volcanes Road NW, Albuquerque, New Mexico 87121, US | (772) 359-4300
19. 215 N. Pine Street, Charlotte, North Carolina 28202, US | (772) 359-4300
20. 6730 Roosevelt Avenue, Middletown, Ohio 45005, US | (772) 359-4300
21. 320 South University Avenue, Little Rock, Arkansas 72205, US | (772) 359-4300
22. 101 Park Avenue, Oklahoma City, Oklahoma 73102, US | (772) 359-4300
23. 100 North 20th Street, Philadelphia, Pennsylvania 19103, US | (772) 359-4300
24. 534 SW 3rd Avenue, Portland, Oregon 97204, US | (772) 359-4300
25. 4000 S. Faber Place Drive, North Charleston, South Carolina 29405, US | (772) 359-4300
26. 95 White Bridge Pike, Nashville, Tennessee 37205, US | (772) 359-4300
27. 1001 Louisiana Street, Houston, Texas 77002, US | (772) 359-4300
28. 33 Princess Anne Rd., Virginia Beach, Virginia 23456, US | (772) 359-4300
29. 444 NE Ravens Blvd., Seattle, Washington 98115, US | (772) 359-4300
30. 100 Pine Street, San Francisco, California 94111, US | (772) 359-4300
31. 750 West 7th Street, Los Angeles, California 90017, US | (772) 359-4300
32. 1555 Blake Street, Denver, Colorado 80202, US | (772) 359-4300
33. 136 Charles Street, Boston, Massachusetts 02114, US | (772) 359-4300
34. 999 Broad Street, Newark, New Jersey 07102, US | (772) 359-4300
35. 130 Dorrance Street, Providence, Rhode Island 02903, US | (772) 359-4300
36. 211 Trumbull Street, Hartford, Connecticut 06103, US | (772) 359-4300

I would greatly appreciate it if these updates could be reflected in your records. Please let me know if you need any additional information or clarification.

Thank you for your attention to this matter.

Best regards,
Franklin Colletta

12/24/2024

Hyundai Diminished Value Claim in Stuart, Florida
Each week we report on the most interesting and informative articles concerning auto diminished value claims. Regarding our diminished value appraisal of a Hyundai Sonata Limited with 38,645 miles that was involved in a Rear End Collision that caused $3,646.25 in damage. The car was disabled/towed and had structural damage but no air bag deployment.The claimant hired an independent auto appraiser and made a third-party inherent auto diminished value claim for the vehicle’s loss in value. Once a car is repaired after a collision, it is worth less, often much less depending on the severity of the damage. Regardless of how well the repairer did his job, nobody will pay as much for a previously wrecked car as they would for an identical one that was never in an accident. Presenting a diminished value claim and following it through to a satisfactory conclusion is a daunting task for the average person. Obtaining a comprehensive Diminished Value Report is key.

WE DON’T USE FORMULAS, ALGORITHMS, AD COMPARISONS OR OTHER SHORT CUTS
SIX UNBIASED DEALER QUOTES IN EVERY APPRAISAL TO VALIDATE OUR RESEARCH
TELEPHONE CONSULTATIONS ALWAYS FREE-OF-CHARGE

We learned from these examples from sales managers at Hyundai dealerships in Florida – You will lose 25%+ give or take an this type of car with structural damage. Also with frame damage listed the dealer would have to sell the car for much less to appeal to potential buyers and also since the car had structural damage, the integrity of the car has been compromised which scares off most buyers.The opinions of unbiased experts form the basis for the most comprehensive Auto Diminished Value Appraisal available. We obtain six of them which absolutely puts the diminished value figure prepared by The St. Lucie Appraisal Company in the ballpark. This is what the car owner will experience in the real world.

diminished value Stuart, FloridaDealers providing opinions regarding diminished value were given information specific to this vehicle including year, make, model, mileage, color, options, any other pertinent equipment, date of loss as well as the nature of the repaired damages and the manner in which the vehicle was repaired. Dealer opinions are based on personal knowledge and access to auction results. Dealers were advised that this vehicle was properly repaired.

We contacted several Hyundai dealers in Florida in order to establish how these repairs and the resultant repair history would impact this vehicle’s Fair Market Value (FMV.) Dealers were provided with an evaluation of the vehicle’s condition both prior and subsequent to repairs.
FLORIDA ADJUSTERS LICENSE
FLORIDA LICENSED
INDEPENDENT ADJUSTER

Description of damage: Disabling collision damages to the Rear including damage to structural components. Repair cost $7,441.75 LKQ (used) and/or aftermarket parts were utilized in the repair/not factored in to the diminished value.

The average of six (6) deductions was 29.17%. This is the percentage of Diminished Value to be taken from the FMV at the time of loss.

We established that the above captioned vehicle had a Fair Market Value (Average Trade-In Value) of approximately $12,500.00 at the time of loss. The Diminished Value was $3,646.25.

Each week we report on the most interesting and informative articles concerning auto diminished value claims. Regarding our diminished value appraisal of a Hyundai Sonata Limited with 38,645…

12/24/2024

The St. Lucie Appraisal Company offers automobile, personal property, and diminished value appraisal services across all 50 states. Their main office is located at 1717 Orange Ave, Fort Pierce, Florida 34954. They also have service locations in various cities, including Phoenix, Arizona; Coral City, Florida; Atlanta, Georgia; Chicago, Illinois; Indianapolis, Indiana; Des Moines, Iowa; Wichita, Kansas; Louisville, Kentucky; New Orleans, Louisiana; Baltimore, Maryland; Birmingham, Alabama; Minneapolis, Minnesota; Jackson, Mississippi; Joplin, Missouri; Las Vegas, Nevada; New York, New York; Albuquerque, New Mexico; Charlotte, North Carolina; Middletown, Ohio; Little Rock, Arkansas; Oklahoma City, Oklahoma; Philadelphia, Pennsylvania; Portland, Oregon; North Charleston, South Carolina; Nashville, Tennessee; Houston, Texas; Virginia Beach, Virginia; Seattle, Washington; San Francisco, California; Los Angeles, California; Denver, Colorado; Boston, Massachusetts; Newark, New Jersey; Providence, Rhode Island; and Hartford, Connecticut. For more info for an appraisal, you can contact them at (772) 359-4300 or via email at [email protected]

12/18/2024

Diminished Value Claim in King County, Washington
This article details the diminished value appraisal of a Mercedes-Benz E550 AWD Sport Sedan with 34,030 miles that was involved in a Left Front collision in King County, Washington that caused $8,115.01 in damage. The vehicle was disabled/towed, had no structural damage and no air bag deployment. The claimant hired an independent auto appraiser and made a third-party inherent auto diminished value claim for the vehicle’s loss in value. Once a car is repaired after a collision, it is worth less, often much less depending on the severity of the damage. Regardless of how well the repairer did his job, nobody will pay as much for a previously wrecked car as they would for an identical one that was never in an accident. Presenting a diminished value claim and following it through to a satisfactory conclusion is a daunting task for the average person. Obtaining a comprehensive Diminished Value Report is key.

WE DON’T USE FORMULAS, ALGORITHMS, AD COMPARISONS OR OTHER SHORT CUTS
SIX UNBIASED DEALER QUOTES IN EVERY APPRAISAL TO VALIDATE OUR RESEARCH
TELEPHONE CONSULTATIONS ALWAYS FREE-OF-CHARGE
We learned from these examples from sales managers at Mercedes-Benz dealerships in Washington and Oregon – One dealer said that generally around a 10% loss in value, it’s not going to hurt that bad if it’s mostly cosmetic as opposed to frame damage or anything like that, however it does vary and also depends what the market is doing. Another dealer, after we read off the repair estimate said with that you’re looking at closer to a 20% loss of value.

The unbiased opinions of six professional sales managers at recognized Mercedes-Benz dealerships form the basis for the most comprehensive Auto Diminished Value Appraisal available. We obtain several of them to validate the diminished value report prepared by AUTODIMINISHEDVALUE.COM. This is what the car owner will experience in the real world.

The six dealers providing opinions regarding diminished value were given information specific to this vehicle including year, make, model, mileage, pre-accident condition, color, options, any other pertinent equipment, date of loss as well as the nature of the repaired damages and the manner in which the vehicle was repaired. Dealer opinions are based on personal knowledge and access to auction results. Dealers were advised that this vehicle was properly repaired.

We contacted several Mercedes-Benz dealers in Washington and Oregon to establish how these repairs and the resultant repair history would impact this vehicle’s Fair Market Value (FMV). Dealers were provided with an evaluation of the vehicle’s condition both prior and subsequent to repairs.

Description of damage: Disabling collision damages to the Left Front with no damage to structural components and no air bag deployment. Repair cost $8,115.01. LKQ (used) and/or aftermarket parts were not utilized in the repair/not factored in to the diminished value.

The average of six (6) deductions was 16.53%. This is the percentage of Diminished Value to be taken from the FMV at the time of loss.

We established that the above captioned vehicle had a Fair Market Value (Average Trade-In Value) of approximately $25,000.00 at the time of loss. The Diminished Value was $4,132.50

08/03/2024

RESPONSE TO A CLIENT WITH A THIRD-PARTY DIMINISHED VALUE CLAIM AGAINST PROGRESSIVE INSURANCE
Hi Bill,
My responses to Progressive’s lowball offer for the inherent diminished value of your car are as follows:
Progressive wrote: "As such, we wanted to understand what your vehicle is actually retailing for, so we ran the CarFax for your specific vehicle."
Retail value has no bearing on your loss which would be felt at the fair market value level if the car was sold privately or the trade-in value level if traded in. These are similar values, however, retail value is what a dealer asks for the car which is unimportant.

Next, J.D. Power or other guidebook comparisons between clean and rough, which Progressive's representatives utilized, are no match for the real-world research that we implemented. We buttressed our opinion by querying six Hyundai dealers in your area who provided their unbiased feedback. Your evidence outweighs anything that the insurer can produce.

With regard to our diminished value appraisal, did the insurance company do a reasonable investigation of the evidence you provided? They can call any Hyundai dealer in the country to learn what we did.

What Progressive failed to mention is that your vehicle had structural damage. That is like poison to a dealer or other prospective buyer - especially in a new car. When looking at your vehicle repair estimate, I felt that structural damage was a real possibility so I called the shop to verify. I spoke with Craig at Nash Park Auto Body who confirmed that they repaired structural damage. I am guessing that Progressive made no such call.

Last, regarding their own appraiser, who they did not name, and his review that contributed to their settlement offer of $5,000.00, where is his report? Was their expert aware of the structural damage? Did he make a call to the shop to talk about it?

Regardless, should you find that litigation is necessary, there is nothing their appraiser nor anyone at Progressive can come up with that would have more probative evidence than our appraisal.
Best wishes,
Franklin Colletta

03/22/2024

It has been a while since we have posted customers' reviews of our services. You can read them at https://stlucieappraisal.net/confirmation They are a great source of information for those making diminished value claims or having total loss disputes.

CONFIRMATION Posted on February 4, 2020 by Franklin Colletta When a client writes a good review of the service we provided, that positive feedback adds more to our reputation than any advertising ever could. The St. Lucie Appraisal Company handles automobile, truck, personal property and diminished....