Ensure Your Investment is Properly Valued

An appraisal lets you decide your car’s worth, not just rely on insurance company estimates.

Collector car values are constantly changing, so regular appraisals (every 2 years) are crucial, especially for high-demand vehicles.

Secure Proper Insurance

Homeowners insurance often excludes theft or fire damage for cars undergoing restoration in your garage.

Get a specialized “agreed value” collector car insurance policy for complete protection.

Maximize Tax Deductions for Charitable Donations

The IRS requires proof of value for significant car donations to charities or museums.

An appraisal along with the IRS 8283 form provides the necessary documentation for tax deductions.

Getting a loan for your vehicle?

When obtaining a certified auto appraisal to determine the loan value of a vehicle for a bank, credit union, or lender, ensuring the accuracy of the appraisal is essential to maximize your loan benefits.

Protect Your Heirs During Estate Planning

Appraisals ensure your heirs receive the true value of your collector cars, whether planned or through your will.

In estate settlements, impartial valuations help heirs divide assets fairly.

Appraisals can also help reduce estate taxes by accurately documenting vehicle values.

Unlock the Value of Your Collector Car

The value of your collector car can increase your net worth.

Banks often require documented value for loans using collector cars as collateral.

Appraisals empower you to tap into this value for financing various projects.

Maintain Control During Divorce

In divorce proceedings, an impartial appraisal ensures your collector car’s value is determined fairly.

This helps prevent courts or opposing attorneys from setting the value.

Appraisals allow you to ensure your vehicles are accurately represented during the division of assets.

By getting a professional appraisal, you can protect your investment, maximize its value, and navigate different situations with confidence.