Vehicle Appraisal Tips

It’s an unfortunate fact of life that new cars lose their value. And I mean really quickly. A pretty generous estimate is that your car loses 10% of its value the moment that you drive it off the forecourt. If you drive it for a year, it’ll have lost 40% of its value!

With its cool weather and changing leaves, fall is the perfect time of year to take a road trip. Whether you’re headed out of town to visit family for the holidays or you’re traveling to the mountains with friends, having your car loaded with the necessities is crucial for a successful drive.

The auto industry has been known for the ability to evolve with trends. To date, the auto industry has revolutionized how we commute. In the past decade, more people are driving more environment-friendly vehicles, vehicles that sync with our devices, and even vehicles that drive themselves.

If one were to take a guess as to the strongest asset class for investment, considerations such as fine art, rare wine or bluechip stocks might come to mind.

As car buyers, we look at our vehicles as a true investment. In fact, aside from owning a home, your vehicle is one of your highest assets. Considering this, it’s important to keep your investment protected as a means to maintain a respectable value.

At Auto Appraisal Network, we set the standard for fully documented, professionally prepared vehicle appraisal reports.

The car buying process is an exciting time. Consumers typically take this period to review their finances and seek out a new vehicle to suit their needs.

If you own a luxury, classic, or exotic vehicle, it may be an important personal or business asset. When an accident leaves that vehicle unavailable for weeks or months, the loss of its use may have significant financial consequences.

As most people who are into cars can attest, Barrett-Jackson is the place to go is you want to see some of the best collector cars available. If you’re a Barrett-Jackson junky like me, you know that every show has a headline vehicle that brings premium bidders to their feet and raises money for one charity or another.

The cops are really out enforcing seat belt laws these days and I understand it’s for our own safety and putting on my own seat belt is second nature for me, but what’s up with seat belts on School buses and Seat belts in RV’s?

So much of our work these days seems to be as a result of an accidents which cause a diminished value to the car(s) involved

Final numbers from RM, Gooding, Bonhams & Butterfields, Mecum, and Russo and Steele's Monterey events are in, showing a combined $172m in sales.

Starting in London 2010 two Miura’s a ’71 SVJ and a ’72 SV sold for over a $1 million dollars, which was a first for Lamborghini. 5-months later a ’71 P4000 SV sold for $1.7 million and a month after that ’67 Marzal Concept sold for $2.14 million.