What is an appraisal?
An appraisal is an expert estimate of the value of something. In this case, it would be your vehicle. With over 40 years experience in the industry, we provide fast, reliable, and accurate appraisals.
What can I use my appraisal for?
Insurance: A lot of insurance companies will require an appraisal before they will offer a policy on a specific vehicle. Others may require an appraisal if the value of a vehicle exceeds a certain threshold, particularly if you have an "agreed value" policy.
Accidents: In the event that you suffer a partial or total loss, a current appraisal will document the value of the vehicle prior to the loss. It can also help determine if Diminished Value comes into play, which is often the case.
Financing: An appraisal is often needed to receive financing for a collector vehicle.
Purchases: The value of collector vehicles is constantly changing and an appraisal will help you to determine the correct value of the vehicle. Additionally, it will be an extremely useful tool when negotiating a purchase price.
Sales: In order to know the highest selling price for your collector vehicle, you must first know its true market value. Knowing this value and pricing the vehicle realistically will enable you to get the best price in a shorter period of time.
Courts/Litigation: (Including Matrimonial, Probate & IRS) An appraisal will often be necessary to determine the value of a collector vehicle as it applies to legal issues. This may be the result of a disagreement between parties as to the value of a vehicle following an accident, theft or other legal matter. Courts may also order an appraisal of one or more vehicles in cases where it becomes necessary to establish the value of a collector vehicle as part of an estate.
Donations: A Classic Car Appraisal will establish the value of a collector vehicle to be used for tax purposes in the case of charitable contributions.
A classic automobile enthusiast and expert, Chris has fully restored the following vehicles:
1955 Chevrolet Bel Air Hard Top
1957 Chevrolet Bel Air Post
1967 Chevrolet Camaro SS
1968 Chevrolet Camaro RS
1969 Chevrolet Camaro RS Z28
1976 Chevrolet Camaro RS
1978 Chevrolet Corvette Pace Car
1972 Chevrolet K1500 Cheyenne
1965 Chevrolet C10
1977 Chevrolet Corvette
1977 Pontiac Trans Am Bandit Edition
1964 Ford Falcon Spirit
1971 Ford De Tomaso Pantera
1970 Dodge Challenger
1974 Triumph Spitfire
1980 Oldsmobile Cutlass Supreme
1981 Oldsmobile Cutlass Calais
1977 Alfa Romeo Spider Veloce
1974 Buick Electra 225 Convertible
