Appraising a classic car is both an art and a science. Whether you’re planning to sell, insure, or simply want to know the true value of your vehicle, a professional vehicle appraisal provides an informed, documented estimate of its condition and market value.
Here’s what to expect throughout the process:
- Initial Consultation and Documentation Review: The vehicle appraisal typically begins with a discussion of the car’s history. Prepare to give ownership documents, restoration receipts, service logs, and any honors or certifications. Documentation has a considerable impact on value, especially if the car has matching numbers, original components, or a well-documented repair.
- Exterior and Interior Inspection: A thorough inspection of the paint quality and bodywork to look for rust, filler, or panel alignment comes next. In addition, chrome, trim, and glass condition will also be assessed, as well as the upholstery, dashboard, gauges, and controls. This inspection helps to determine if the car is original, restored, or modified—and how skillfully the work was done. Small departures from manufacturer specs can affect value in particular collector markets.
- Mechanical Evaluation: The appraiser will also inspect the engine, transmission, suspension, and brake system. They may start the car, listen for anomalies, and ensure the systems work properly. Matching numbers and period-correct components are essential for high-end classics.
- Market Research and Final Report: Following the physical assessment, the appraiser will likely research similar sales and current market trends to provide you with the most accurate vehicle appraisal.