When you own a classic car, or when you want to buy one, it makes sense to call a classic car appraiser Miami FL. Classic cars, whether they are original or customized, need to have an appraised value for a variety of reasons that can protect both owner and buyer. Appraisals are official documentation of the value of your vehicle.
With an appraisal, you can insure your car for an amount that the insurance company and you can agree would replace it. A classic car appraiser understands the rarity of your vehicle, down to the type of blower and custom interior you’ve put into it. Your insurance company may not get how unique your car is. If it’s an original, that makes it unique without saying anything else about it.
Appraisals are also helpful in the case of estate settlements, donations, and divorces. When finances are the center of legal problems (or gifts), an appraisal is very helpful to have on hand to prove the value of the vehicle in question. We provide detailed documentation for the reasons for the appraised value of the vehicle that can be used in these types of legal situations. Our professional appraisers have the knowledge, experience, and current market data to back up the appraised values they provide.
If you need to sell the car, you want to know how much it is worth. You can take a guess at the price based on similar vehicle sales, but with our up-to-date database of comparable vehicle sales, we have more sales to base our appraisal on. Also, our appraisers are trained and experienced in classic cars, and, if you’re not as knowledgeable, you risk selling your vehicle for too low of a price or perhaps not selling it quickly enough because the price is too high.
If you’re a buyer, you can have some peace of mind that the owner is not just trying to sell you something that isn’t worth what they say it is if they can show you an authentic appraisal on the vehicle you are considering purchasing.
So when you’re next cruising in your classic car, take a moment to make a mental note to call your classic car appraiser Miami FL. An appraisal is important to have in many situations, and you will want to have it handy if, and when, a need for it arises.