There are many reasons to have an appraisal, however the single most important reason is to protect your investment. Your insurance company, or the insurance company of the party responsible for your loss is going to have to develop a value to determine a value of a Total Loss. With a custom, vintage, or highly original Vintage car, a carefully documented appraisal of your vehicles specifics, correctness, photos, documentation of parts and labor are key to the true value of your vehicle being recognized, prior to loss. Any restorer or owner knows that the difference in a 85 point car and a 95 point car isn’t always obvious to an untrained eye. However, the difference in the cost of restoration between these two examples is thousands of dollars. A vehicles correctness and authenticity can be even more important. A non correct engine on an American Muscle car has a huge affect on the cars value. We can now watch many of the large collector car auctions live on television such as Barrett-Jackson and Mecum. Watch any auction and you’ll see two similar cars by specification and general appearance bring drastically different values. In many cases, the better of the two examples will bring double of the lesser example. Without a professionally prepared appraisal, in a total loss situation, maybe without the car, you may be at a loss to documenting the true value of your vehicle to an insurance company, financial institution, or any 3rd party important to you. Allow the experts at Expert Auto Appraisals to establish the true value of your vehicle. We service all areas of Florida including Sarasota, Bradenton, Siesta Key, Longboat Key, Whitfield, Osprey, Palmetto, Sarasota Springs, Cortez, Holmes Beach, Venice, and all other areas on Florida’s Suncoast. Please call today at 772.621.2622 or complete our Online Request Form.
Diminished Value Appraisal
Expert Auto Appraisals offers an Expert valuation of the Diminished Value a vehicle has suffered due to accident or incident. We can assist in developing a foundation of an insurance claim. I am a qualified expert witness, have testified in trial, and consult many attorneys and insurance companies on the actual diminished value a vehicle has experienced. The service that we provide is appraisal of the actual diminished value after a careful physical inspection of the loss vehicle. We service all areas of Florida including Sarasota, Bradenton, Siesta Key, Longboat Key, Whitfield, Osprey, Palmetto, Sarasota Springs, Cortez, Holmes Beach, Venice, and all other areas on Florida’s Suncoast.
In recent years, more and more owners of higher value automobiles have been heavily affected by diminished value. When a car has been involved in an event that has caused damage, there’s an impact to it’s value in both retail and wholesale markets. With services available such as CarFax which have very aggressive advertising campaigns, consumers are constantly being reminded of researching vehicle history reports prior to purchase to highlight any type of derogatory history that affects a vehicles value or quite often, a consumers decision to purchase.
If your vehicle has been involved in an accident, to some degree, the value of your vehicle has been negatively affected. Diminished value occurs when an accident or incident occurs, thus eliminating potential buyers. Simply put, less buyers, less value. Accidents are the most common cause of diminished value, however any type of derogatory event that affected the vehicle such as floods, theft recovery, use for criminal activity, lightning, or a tropical storm like Katrina, will have an affect on a vehicles value. The change in value can vary on the type or significance of damage as well as the type of car. Expensive, high end, luxury brands such as Porsche, Ferrari, Lamborghini, Mercedes Benz, BMW, and like are typically the most affected by dollar value, however it can be well argued on a percentage basis, a lesser value car can be affected as much or more. That’s where Expert Auto Appraisals comes in. We establish what that valuation difference is and supply you the documentation needed for you to make your claim. In most states, in an accident that is caused by another party, you have the opportunity to not only get amount needed to repair your car, but also the amount needed to restore your cars value. Please call today at 772.621.2622 or complete our Online Request Form.
Total Loss Appraisal
Expert Auto Appraisals is the premier appraisal company for assisting with the settlement of a total loss of any vehicle, anywhere in the State of Florida. The appraisal process is an option that you can exercise to resolve a dispute of value with the responsible insurance company. Quite often, the methods used by insurance companies to calculate the value of a car, truck, or motorcycle, are not accurate to the true value in the marketplace at the time of loss. This is quite common with vehicles with very low mileage, specialty vehicle, and vehicles that have been customized. The valuation presented by the insurance companies quite often contains several comparable vehicles that are higher in mileage, have accident history, lacking options, and simply are just not comparable at all. The service that Expert Auto Appraisals provides is an inspection of the vehicle to document the condition prior to loss, and document options, features, components, and the condition of vehicle. We then go into the marketplace and use proper comparable examples to determine your vehicles true market value in both wholesale and retail markets to accurately determine the correct replacement value.
Expert Auto Appraisals with then negotiate the value of the loss with the appraiser or appraisal company chosen by the responsible insurance company to resolve your claim at a value that will allow replacement of a vehicle in like model, condition, and equipment. If you are reading this, chances are, you disagree with a value tendered by an insurance company for your loss. I will be happy to discuss your claim and how I can best help in resolving the matter. Please call today at 772.621.2622 or complete our Online Request Form.
We offer a great service to owners of collectible and custom motorcycles. We offer both Appraisal and Pre Purchase Inspection for all types of motorcycles. Having your custom or vintage motorcycle Appraised / Inspected is very important. The components and hours of labor needed to build or restore a motorcycle is almost impossible to document without a professional appraisal being done. Custom and Vintage Motorcycles are some of the most difficult vehicles to trade, sell, finance, or insure without a proper appraisal being done to document it’s value. We have assisted our clients in obtaining financing and insurance for true Custom’s. We also have been very successful in settling disputes of value for our clients. We have years of experience successfully negotiating positive and fair conclusions. The appraisals that we perform are much more than just an opinion of value. We prepare our appraisals so that we can convey the true value to Lawyers, Insurance Companies, Buyers, Sellers, Finance Institutions, and other Appraisers. Total Loss Appraisal services are an invaluable service the is provided by Expert Auto Appraisals. If a motorcycle has been determined to be a total loss, the insurance company responsible will present a value to settle the total loss. It is quite possible the value may not be fair representation of the loss vehicles true value for a fair or comparable replacement. An Appraisal Clause, as it’s often referred to, give you the ability to hire an appraiser to perform an Appraisal Prior to Loss. If you invoke this right, the insurance company has to hire an appraiser as well. The two appraisers from both sides then negotiate the claim. In some cases, the appraisers can’t reach an agreement, and a 3rd appraiser is then selected to act as an umpire and render a final decision of value. Expert Auto Appraisals has successfully handled countless claims, adding substantial value for our clients. Please contact us to discuss your Motorcycle Appraisal and Inspection needs.
Pre Purchase Inspections
Expert Auto Appraisals offers Pre Purchase Inspections to assist both buyers and sellers. This service is incredibly valuable to all levels of buyers and sellers. In short, this service is an appraisal of the vehicle your about to engage in a transaction with. As a buyer, regardless of your experience, there’s a huge advantage in having a reliable, expert, 2nd opinion of a vehicle’s condition, correctness, originality, and value. Even the most experienced car buyers rely heavily on opinions of others. As a seller, preparing your car for sale is important, but just as important is placing your car value within the market range for the vehicle. A well priced vehicle will always sell within a reasonable time frame. Allow us to inform you of your vehicles strengths and weaknesses, and our opinion of the cars value at time of sale.
Ebay and Online Buyer Services
In todays age, finding that perfect car can often be done by searching eBay, Traderonline, Craigslist, and many other online venues. However the distance can be difficult to deal with comfortably. We offer a very comprehensive buyer service that will assist you in buying a vehicle remotely. If you’re considering the purchase of a vehicle and need someone to assist with the inspection, we are your answer. We will inspect the vehicle in question, report our findings, offer a market analysis, and can even assist in closing the transaction.
Our Service Areas
We service all areas of Florida including Sarasota, Bradenton, Siesta Key, Longboat Key, Whitfield, Osprey, Palmetto, Sarasota Springs, Cortez, Holmes Beach, Venice, and all other areas on Florida’s Suncoast.