Fair Market Value Car Appraisals in Charlotte, NC
When your car has been declared a total loss, it can feel like you’ve lost control twice — first from the accident, then from the insurance company’s settlement offer. At Auto Appraisal Network of Charlotte, we make sure you get what your vehicle is truly worth with a certified Fair Market Value Appraisal.
What Is a Fair Market Value Appraisal?
- Your vehicle’s year, make, and model
- Mileage and overall condition
- Options, upgrades, and modifications less than $1,000
- Comparable recent sales in the Charlotte market and beyond
Why Vehicles Are Declared a Total Loss
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Severe collision damage
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Frame or structural damage
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Flood or fire damage
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Repair costs that outweigh the insurer’s calculated value
What If the Insurance Company Lowballs You?
- Don’t sign or accept the first offer.
- Request a certified fair market value appraisal from an independent expert.
- Submit the appraisal report to your insurance company as evidence of your vehicle’s true worth.
Why Choose Auto Appraisal Network of Charlotte?
- Certified appraisers with extensive experience in total loss claims
- Comprehensive, detailed reports recognized nationwide
- Unbiased valuations that reflect the real Charlotte market, not insurance formulas
- Fast, professional service when every day counts
- We use Real Comps. A lot of insurance companies use AI to find their comps, many of which are made up! At AAN Charlotte, we research and use actual recent sales data
Get Started Today
David Bregoli is a certified auto appraiser and insurance adjuster in the state of North Carolina
Frequently Asked Questions – Auto Appraisal Network of Charlotte
When is a market value appraisal needed?
If your stock late-model vehicle is deemed a total loss after an accident, obtaining a fair market value appraisal from an independent car appraiser in Charlotte can help you prove the actual cash value (ACV) of your car to the insurance company. This ensures you’re not settling for less than what your vehicle is truly worth.
Do I have to accept what the insurance company offers me for my totaled vehicle?
No. You are not required to accept the insurance company’s first settlement offer. You have the legal right to invoke the “right to an appraisal” if you believe the payout is less than your vehicle’s true market value before the accident (prior-to-loss). Auto Appraisal Network of Charlotte provides free reviews of settlement offers and can advise whether the offer is fair or if a certified appraisal is recommended. Call us today at 704-703-4801 for assistance, or fill out our contact form.
What is the difference between agreed value and market value appraisals?
A market value appraisal determines what your vehicle is worth in today’s market by comparing it to similar vehicles that have recently sold. This type of appraisal is often used in total loss claims, resale, bankruptcy, or divorce proceedings.
An agreed value appraisal is different—it is typically used for classic, custom, and collector cars. With agreed value insurance, you and the insurer agree in advance on the car’s value, so if a loss occurs, you’re paid that set amount, regardless of fluctuating market conditions. Auto Appraisal Network of Charlotte specializes in both types of appraisals, ensuring your vehicle—whether a daily driver or a prized classic—is valued fairly and accurately.
