Why Most Appraisals Are A Waste of Your Time

How To Find Your Car’s Actual Value

Whether you are in the market for a new vehicle, were involved in a car accident, are executor of an estate, considering bankruptcy, or you’re going through a divorce, there are many reasons why you might need to know what the actual replacement cost of your vehicle is.  If your vehicle is a classic, has aftermarket modifications,  or is considered a luxury vehicle, it is especially difficult to find this information.  Turning to KBB to find out what your car is worth isn’t relevant- or even possible- for a lot of drivers, as car value records can only  be found for vehicles made after 1990.

With Free Appraisals, You Get What You Pay For

Using online and free resources to find out your car’s value can help give you a general idea of what your vehicle might be worth, and it is a good starting point for late model cars. However, if you are getting an appraisal from an insurance company, car dealer, or the courts, keep in mind who the appraiser is working for.  (hint: It isn’t you!)

Often the person appraising your car is not actually a certified appraiser and may have very limited knowledge about cars. 

Online appraisals are quick, easy and free, but don’t take into account most non-standardized equipment.

Not All Cars Are Equal

If you're seeking an accurate appraisal of your vehicle's worth, especially if it falls under the categories of classics, has aftermarket modifications, or is a luxury vehicle, relying solely on general online resources may not suffice. These types of vehicles often possess unique characteristics that aren't easily quantifiable through standard appraisal methods. Furthermore, the limitations of online resources become apparent when dealing with older models or customized vehicles, as their databases typically cater to more conventional cars made after 1990.

While online tools like Kelley Blue Book (KBB) can offer a rough estimate for newer vehicles, they might not provide the comprehensive valuation you need. In these cases, turning to certified appraisers or specialized valuation services becomes essential.

The Value of A Certified Appraisal Company

Certified appraisers, such as Auto Appraisal Network of Charlotte, undergo rigorous training and accreditation processes to accurately assess the value of vehicles. They possess in-depth knowledge of various makes, models, and conditions, enabling them to provide detailed and unbiased appraisals. Whether you're dealing with insurance claims, legal proceedings, or estate evaluations, working with a certified appraiser ensures that you receive a thorough and reliable assessment of your vehicle's worth.

Additionally, specialized valuation services cater to unique or high-value vehicles, offering tailored appraisal solutions that account for specific features, modifications, or historical significance. These services often employ experts with extensive experience in the automotive industry, ensuring that your vehicle's value is accurately determined based on its individual characteristics and market demand.

Experience and Certifications Do Matter

When seeking an appraisal for your vehicle, it's crucial to consider the expertise and credibility of the appraiser or valuation service. Avoid relying solely on appraisals from insurance companies, car dealerships, or individuals with limited automotive knowledge, as their assessments may not reflect the true value of your vehicle.

Ultimately, investing in a professional appraisal from a certified appraiser, Like Auto Appraisal Network of Charlotte, can provide peace of mind and ensure that you have accurate information regarding your vehicle's worth. Whether you're buying, selling, or dealing with legal matters, having a precise valuation is invaluable in making informed decisions and protecting your interests.

While online resources can offer preliminary estimates for standard vehicles, seeking a professional appraisal is essential for accurately determining the value of unique or high-value cars. By working with a certified appraiser, you can obtain a comprehensive assessment that accounts for the distinctive attributes of your vehicle, enabling you to make an informed decision with confidence.

Auto Appraisal Network of Charlotte is owned by David and Cindy Bregoli. They provide appraisals for: 

Auto Appraisal Network of Charlotte is part of a national group of certified appraisers and is a well respected brand. Our certified appraisals are widely accepted by insurance companies, financial institutions and court systems throughout the US. To schedule an appraisal for your car, truck, motorcycle, boat or RV, call (980) 391-6080.