What Adds Value to a Classic Car or Collector Car?

Why I wrote this article about classic cars So, I get this question a lot from clients when they are about to purchase a classic car or collector car and we are going through their valuation. “What adds value to a classic or collector car?”  I figured it would be a great to share my wisdom and advice on the topic. Value adds value.  Yep, that’s right.  Value is taking in many forms. Monetary doesn’t always mean value.  Value can also be defined as craftsmanship, quality, and creativity. First impressions of a collector car A quality paint job goes a … Keep reading…

Most Common Items to Check Before Purchasing a Muscle Car

Most Common Items to Check Before Purchasing a Muscle Car

Over the last 25 years of inspecting, repairing, banging out dents, repainting and appraising vehicles I have finally put together a list of the most common things to check before purchasing a muscle car. Having grown up pounding out dents, smoothing out body lines and sanding out runs in muscle cars I feel I know a few things that I would like to pass along to you my fellow muscle car enthusiast. Here it goes. The body isn’t all that important however it makes it does feel a lot better to have a beautiful machine sitting in your garage as … Keep reading…

What Should a Good Classic, Collector or Antique Car Appraisal Contain?

What Should a Good Classic, Collector or Antique Car Appraisal Contain?

Regulation & Licensing – To date, there is no regulation on vehicle appraisers. This is both good and bad for the industry.  The good part of this lack of regulation is that it provides many different viewpoints on vehicles and formats in which the appraisals are provided. The downfall of the lack of regulation is the simple fact that not all appraisers use the same information, sources and required information in their reports.  Although Uncle Sam does not regulate and force automobile appraisers to become certified or licensed there are several institutions which provide some “suggested ground rules” or “standards”.  One … Keep reading…

Why You Should Absolutely Have Your Collector Car Appraised Before Storage or Consignment

Many car collectors and classic car owners store their vehicles at consignment dealers across the nation when they are trying to sell them or store them.  Recently the Midwest lost 100’s of old classic cars and antique vehicles to a very large fire at Staunton’s Country Classic Cars. Local media reports state that a large metal building attached to the workshop was destroyed by a large explosion and fire.  This fire consumed many classic, collector and antique automobiles. Most of these vehicles were stored on consignment with Country Classic Cars who sells classic and collector cars on consignment as well … Keep reading…

Why Our Appraisals Are Closer in True Market Value

Why Our Appraisals Are Closer in True Market Value

Why Auto Appraisals Fluctuate in Value You can contact 100 different auto appraisers and likely get 100 different values on a vehicle and they will vary by about 5%.  There are many reasons as to why this happens but the main reason it happens is that each time a vehicle is appraised it is “judged” and “graded” by the appraiser.  Each appraiser has had different experiences over time, they have all seen different amounts of work, some have more knowledge in one category or another.  The one thing you likely will never see or receive is an actual matrix showing … Keep reading…

Collector Car Appraisals – What You Need to Know

Collector Car Appraisals – What You Need to Know

What Effects Collector Car Market Values Each year the market fluctuates, the value of the dollar goes up and down as well as the stock market. This is not an article about the stock market or economics so I will leave that for the financial advisors to discuss with you. However, as the market fluctuates so does the value of the dollar sometimes it is stronger and sometimes it is weaker thus being a major contributor to the value change in your vehicle or the ability for you to replace it with a vehicle in similar condition. Another big factor … Keep reading…