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Car Appraisals

Discussion of the Concept/Basis of Diminished Value:

The analysis made in Diminished Value Reports is based on information supplied to appraisers from various sources, the experience of the appraiser, market knowledge, and the appraiser’s training. In making any Diminished Value inquiry, the appraiser upon the principle of antecedent probability, i.e.; one may rely upon consistent past events to reliably predict the future.…

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