What Should a Good Classic, Collector or Antique Car Appraisal Contain?
2017-09-28
Classic car appraisal is an industry with varying perspectives due to the lack of strict regulation. While this allows for diversity, it also requires consumers to carefully select qualified appraisers. Adhering to standards like the USPAP ensures credibility and reliability, particularly in legal contexts. Thorough vehicle inspection and detailed descriptions are crucial for accuracy, as well as sourcing comparable vehicles for comprehensive valuation. Including market trend analysis and adjustment calculations strengthens the appraisal’s validity. Transparent reporting with clear assumptions and disclosures adds integrity to the process.Continue Reading