ARTICLES
At Classic Auto Appraisals, we insist on personal inspections. We never appraise a vehicle over the phone. We give our clients the correct value on their automobiles by performing a detailed appraisal. We include information on the terminology used in appraisal purposes.

  • Before Purchase – Many times we conduct vehicle inspections to determine the condition of a vehicle prior to purchase. The inspection process includes drive testing, condition of fluids check, inspection for evidence of prior damage/repair and research into the fair market value of the vehicle derived from documented sales. We monitor the local auctions, interview car dealers and obtain documented sales of comparable vehicles so that you can remain informed with accurate and verified information. We hope that with this knowledge you can make a fair and reasonable offer for the vehicle you would like to purchase.
  • Bonded Titles/Lost Titles – The title application process can be paper-laden and lengthy. Even after you have the car appraised, bonded titles are issued for a three-year period. However, the process is necessary because it helps protect past and future owners and lien holders from claims involving the vehicle.
  • Inherent Diminished Value
  • Donations – Tax Deductible Used Cars - When filing for your taxes, include the signed IRS form provided by your appraiser. This signed form is essential to claim used car donations. Our appraisal specialist provides the necessary documentation to verify your donation.
  • Early Lease Termination – Returns – When an owner returns a vehicle before the lease period expires, it is known as an early lease return. We monitor both wholesale and regional auctions to find the highest and most appropriate sale price for a comparable vehicle. Leasing companies do not provide this service. Instead, they usually find the vehicle’s value from a print publication and bill you the difference between the scheduled pay off and the low wholesale value
  • Insurance Disputes – Disputes between vehicle owners and insurance companies are common. In an accident, the insurance companies often make a settlement offer that is less than the fair market value.Unfortunately, the settlement price offered does not cover the cost of an identical vehicle that you lost. In this situation, we inspect the damaged vehicle, if it is available, and report on the condition of the automobile before the accident. We research maintenance records, check tires, inspect the interior and report on the overall condition of the vehicle. With this information, we determine the vehicle’s value at the time of the accident. We can represent you and help you receive the compensation to which you are entitled. It is best to obtain the service of an appraiser when filing an automotive insurance claim to help recover your losses. As a service to you, we will dispute any offer from the insurance company that is less than fair market value. We use the data related to the vehicle involved in the accident. We have a high success rate and often receive the requested amount.