Thursday, December 30, 2010

HEY LITTLE COBRA DON'T YOU KNOW YOU'RE GONNA SHUT 'EM DOWN!



THE AC COBRA
APPRAISING CLASSIC CARS IN SOUTH FLORIDA


 
 
 
 
 
 
MIAMI, Florida - South Florida literally oozes with exquisite cars, most of which can be seen out and about during "the season." Drive any exotic automobile down Collins Avenue around 6AM (around the time that people are leaving the clubs) and you are sure to hear someone make an offer on the spot. Of course, most of these bids are the result of too much booze and too little sleep but yours truly actually sold an antique car in this manner not too long ago.

The AC Cobra was created in 1965 by a partnership between AC Motors of Great Britain, and Carroll Shelby, a Texas racing driver. With a Max speed of around 165 MPH, the Cobra was said to "look fast even when it was standing still." There were only 316 AC Cobras built in 1965. With it's lightweight aluminum body and tubular steel chassis, the 425 Horsepower 427 cu. in. motor pulled the car to a 4.2 second 0-60 mark.

The fact that the Cobra wasn't a major factor in racing hasn't diminished the public's appreciation of the car. Today, these are the rarest and the most valuable models and can sell for in excess of one-million dollars.

In truth, one isn't likely to see many AC Cobras on any street at any hour because of their value. Did you see the Shelby Cobra that Shelby sold on Barrett Jackson Auto Action? An original cobra with a 427 two 4bbl carbs with super chargers. It was the last of Carol Shelbys Super Snake Cobras and it brought 5 Million!

The Rip-Chords said it best.


I took my Cobra down to the track,
Hitched to the back of my Cadillac.
Everyone was there just a-waitin' for me.
There were plenty of Stingrays and X-K-E's.

When the flag went down you could hear rubber burn.
The Stingray had me goin' into the turn,
I hung a big shift and I got into high,
And when I flew by the Stingray I waved bye-bye.

Around the far turn, in the straight-away,
I was blowin' off everything that got in my way.
The Stingrays and Jags were so far behind.
I took my Cobra out of gear and let it coast to the line.

(Shut 'em down.) Spring little Cobra gettin' ready to strike.
(Shut 'em down.) Spring little Cobra with all of your might.
(Shut 'em down.) Spring little Cobra gettin' ready to strike.
(Shut 'em down.) Spring little Cobra With all of your might.
Hey, little Cobra, don't you know you're gonna shut 'em down.

Regarding the appraisal of an AC Cobra, of course there are replicas, different engine configurations and other modifications to consider. An insurance underwriter will need to know all of this pertinent info before they will indemnify the vehicle with a stated value policy. From my personal experience, when it comes to AC Cobra kit cars, they're all good! Cobras are among the most popular replica cars that often look indistinguishable from the real thing. The Shelby Cobra registry is for all Shelby vehicles produced from 1962 to present. More than just a registration of the vehicle, it's a place to keep records of the changes in ownership and changes to the car through the years.

It's cars like these that make being a classic automobile appraiser fun!


The St. Lucie Appraisal Company
P.O. Box 2700
Fort Pierce, FL 34954
Phone: (772) 359-4300
Fax: (772) 466-8400


FIND US FAST IN THE AT&T REAL YELLOW PAGES

http://stlucieappraisal.net/
AUTO & PERSONAL PROPERTY
SERVICE THROUGHOUT SOUTH FLORIDA

Our service area includes St. Lucie, Martin, Indian River, Brevard, Palm Beach, Broward and Dade Counties. Cities include Fort Pierce, Port St. Lucie, Stuart, Palm City, Jensen Beach, Hobe Sound, Jupiter, Palm Beach Gardens, West Palm Beach, Lake Worth, Boynton Beach, Delray Beach, Boca Raton, Deerfield Beach, Coral Springs, Coconut Creek, Pompano Beach, Tamarac, Sunrise, Lauderhill, Plantation, Fort Lauderdale, Davie, Pembroke Pines, Miramar, Hollywood, Hallandale, Miami, Opa Locka, Hialeah, Coral Gables, Kendall and Homestead.

Diminished Value Appraisals throughout Florida including, Miami, Fort Lauderdale, Tampa, Jacksonville, Daytona Beach, St. Augustine, Lakeland, Panama City, Orlando, Pensacola, Fort Myers, Key West, Sarasota, Port Charlotte, Clearwater, Kissimmee, Melbourne, Daytona Beach, Ocala, Gainesville, Lake City, Sebring, Bradenton, Titusville, Panama City, Bonita Springs, Naples, St. Petersburg and Tallahassee.

Our rates for services are as follows:

Auto Appraisals (Donations, Bankruptcy, Divorce, Insurance Disputes) $125.00

Stated Value Appraisals (Antique & Classic Cars, Street Rods, Motorcycles, RVs, Trucks) $175.00

Auto/Truck/RV Condition Reports $225.00 and Up

Diminished Value Appraisals (Determines how much less your car is worth after accident repairs) $225.00

Personal Property Appraisals (Contents, Collectibles, Art, Antiques) $225.00 and Up

All other services and additional time when necessary  $75/Hr.

Expert Witness - Court Appearances, Depositions, Mediation $225/Hr.

You may obtain appraisals for Financing, Charitable Donation Tax Credits, Collateral, Damage Claims, Equitable Distribution, Bankruptcy, Estates, Insurance Stated Value, Purchase & Sale and Diminished Value.

Appraisals of Personal Property, Art, Boats, Classic & Custom Autos, Antiques, Collectibles & Memorabilia, Electronics, Machinery, Motorcycles & Choppers, Furnishings, RVs, Trucks & Heavy Equipment. Business Valuations specializing in all types of small businesses.

FIND US FAST IN THE REAL AT&T YELLOW PAGES


Keywords for this article: AC Cobra, antique car, appraisal, appraiser, classic automobile, exotic automobile, florida, insurance underwriter, Miami, replica, ST. LUCIE APPRAISAL CO., stated value, YELLOW PAGES, truck 


Revised 08-28-2012
Updated 06-19-2013

Monday, December 6, 2010

APPRAISING CLASSIC & CUSTOM CARS AT ST. LUCIE APPRAISAL

APPRAISING CLASSIC & CUSTOM CARS AT ST LUCIE APPRAISAL

FORT LAUDERDALE, Florida - Friday night is the time to roll out the 1932 Ford 5-window coupe. Pop that Hurst shifter and feel how fast a small-block Chevy can push you down the road. Complete with a rumble seat and custom paint, the motor sounds fierce and the all-steel body glistens in the moonlight. This little street rod is the definition of cool, an attention getter like no modern car could be and an absolute joy to drive. Perfect for the simple driving pleasure of hitting the streets and cruise nights.

Of course, this fine auto is insured for every penny of it's worth. All the cash and sweat equity you've got in the car has been considered by your auto appraiser. A stated value insurance policy means you can step on the gas with no worries. In Florida, hazards abound from hurricane floods in summer to aggressive snow-bird drivers in winter so you made the right call.

Be sure to hire an automobile appraiser who understands how to properly assess market value. At The St. Lucie Appraisal Company, our goal is to prepare realistic reports that reflect the true worth of classic and custom cars. Are you a member of a car club in Florida? Discounted prices are available if multiple vehicles need to be appraised. It costs you nothing to call us with questions or other inquiries so, by all means, feel free to do so by emailing to contact@stlucieappraisal.net

http://stlucieappraisal.net/
AUTO & PERSONAL PROPERTY
SERVICE THROUGHOUT SOUTH FLORIDA

Our service area includes St. Lucie, Martin, Indian River, Brevard, Palm Beach, Broward and Dade Counties. Cities include Fort Pierce, Port St. Lucie, Stuart, Palm City, Jensen Beach, Hobe Sound, Jupiter, Palm Beach Gardens, West Palm Beach, Lake Worth, Boynton Beach, Delray Beach, Boca Raton, Deerfield Beach, Coral Springs, Coconut Creek, Pompano Beach, Tamarac, Sunrise, Lauderhill, Plantation, Fort Lauderdale, Davie, Pembroke Pines, Miramar, Hollywood, Hallandale, Miami, Opa Locka, Hialeah, Coral Gables, Kendall and Homestead.

Diminished Value Appraisals throughout Florida including, Miami, Fort Lauderdale, Tampa, Jacksonville, Daytona Beach, St. Augustine, Lakeland, Panama City, Orlando, Pensacola, Fort Myers, Key West, Sarasota, Port Charlotte, Clearwater, Kissimmee, Melbourne, Daytona Beach, Ocala, Gainesville, Lake City, Sebring, Bradenton, Titusville, Panama City, Bonita Springs, Naples, St. Petersburg and Tallahassee.

Our rates for services are as follows:

Auto Appraisals (Donations, Bankruptcy, Divorce, Insurance Disputes) $125.00

Stated Value Appraisals (Antique & Classic Cars, Street Rods, Motorcycles, RVs, Trucks) $175.00

Auto/Truck/RV Condition Reports $225.00 and Up

Diminished Value Appraisals (Determines how much less your car is worth after accident repairs) $225.00

Personal Property Appraisals (Contents, Collectibles, Art, Antiques) $225.00 and Up

All other services and additional time when necessary  $75/Hr.

Expert Witness - Court Appearances, Depositions, Mediation $225/Hr.

You may obtain appraisals for Financing, Charitable Donation Tax Credits, Collateral, Damage Claims, Equitable Distribution, Bankruptcy, Estates, Insurance Stated Value, Purchase & Sale and Diminished Value.

Appraisals of Personal Property, Art, Boats, Classic & Custom Autos, Antiques, Collectibles & Memorabilia, Electronics, Machinery, Motorcycles & Choppers, Furnishings, RVs, Trucks & Heavy Equipment. Business Valuations specializing in all types of small businesses.

FIND US FAST IN THE REAL AT&T YELLOW PAGES


Keywords for this article: 1932 Ford, classic car appraisal, custom car appraisal, florida, florida auto appraiser, florida car club, Fort Lauderdale, insurance, market value, stated value, Street Rod, truck 

Revised 08-28-2012
Updated 06-19-2013

Tuesday, November 23, 2010

WHY IS ST. LUCIE APPRAISAL THE BEST DIMINISHED VALUE APPRAISER IN FLORIDA?


THE BEST AUTOMOBILE DIMINISHED VALUE APPRAISER
 
MIAMI, Florida - What makes someone the best at something? My one-word answer would be "results." Good results obtained on a consistent basis should be the primary qualifier. Subsequent to that I'd start to define categories such as "timeliness" and "accuracy" and then sub-categories such as whether claims adjusters found valid reasons to dispute the appraiser's findings. Diminished Value claims in all 50 states, especially in Florida, are becoming more common so insurance companies have prepared formidable defenses against large payouts.

Whether or not you are entitled to compensation for diminished value isn't at issue because you are. If your late-model car was hit by an at-fault third party, despite perfect repairs, it has lost considerable trade-in value. In the case of a luxury car or SUV, depending on the type of damage, mileage, etc., the sum of Diminished Value could exceed ten-thousand dollars.

What many Floridians are learning is that presenting the insuror with a DV claim without an ironclad appraisal produces less than ideal returns. Their adjuster will offer a token sum, usually five-hundred or a thousand dollars even though you presented an appraisal for thousands more. The Wikipedia page on Diminished Value states the following: Some insurance companies use a formula called 17c to determine diminished value, this formula is inaccurate and generates values not consistent with current market data.

Appraisals prepared using a formula such as Georgia's 17c Formula which is as follows:
-
ELEMENTS OF LOSS OF VALUE FORMULAS

-
ACV - For purposes of our calculations, we will use the NADA retail value, including additions and subtractions for options and mileage. The NADA edition applicable at the time of loss of value claim is presented should be used.
-
BASE LOV - As is the case in most loss of value formulas, we will use 10% of the ACV as a starting point in our formula.
-
DAMAGE SEVERITY MODIFIER - This is the subjective decision which must be made by the adjuster. The nature and extent of damages should be based on the actual physical damage sustained by the vehicle, without using the cost to repair as a basis. The modifier can be from 0.0 to 1.0 with 1.0 reflective of extensive damages. It should be stressed that in some minor accidents the 0.0 modifier is appropriate as no loss of value would have been sustained. A basic guide for the damage severity modifier is as follows:
-
MODIFIER EXTENT OF DAMAGE
1.0 Severe damage to the structure of vehicle.
0.75 Major damage to structure and panels.
0.50 Moderate damage to structure and panels.
0.25 Minor damage to structure of vehicles.
0.0 No structural damage and replaced panels.
-
As this is subjective decision, the modifier can be adjusted as necessary to fit the damages. (EXAMPLE 1 - No frame damage, a replaced bumper and repaired body panel may call for a modifier of 0.1.
-
EXAMPLE 2 - Heavy frame damage to the front with moderate additional damage to the rear may call for a modifier of 0.85.)
-
MILEAGE MODIFIER - Generally, when a vehicle reaches 100,000 miles, it no longer has a realistic market value. There may be some cases where that is not so, but for most cars this figure should be accurate. The modifier is a factor of the actual mileage of the vehicle and the mileage where the vehicle no longer would be considered for retail resale by a dealer. The modifier can be from 0.0 to 1.0 reflective of zero miles. A basic guide for the mileage modifier (based on 100,000 mile limit) is as follows:
-
MILEAGE MODIFIER
0 1.0
20,000 0.8
40,000 0.6
60,000 0.4
80,000 0.2
100,000 0.0
-
The modifier should be adjusted to reflect the actual mileage based on the following:
-
MODIFIER - MAXIMUM MILES FOR RETAIL SALE - ACTUAL MILES
-
MAXIMUM MILE FOR RETAIL SALE
-
APPLICATION OF LOSS OF VALUE FORMULA
-
10% of ACV x Damage Modifier x Mileage Modifier = Loss of value

The inherent flaws found in the formula aside, insurors have taken the 17c Formula and amended it further to meet their needs which are basically to pay you as little as possible.

If you or your attorney needs to hire a Diminished Value Appraiser, insist that the appraisal be done on the basis of actual dealer opinions rather than use of a formula. The advantages of this approach are not so much that the results are indisputable but that the insurance adjuster, in order to refute your appraisal, will need to go through the same time-consuming procedure. Most of them won't do it simply because it isn't cost effective. The St. Lucie Appraisal Company prepares all Diminished Value Appraisals on the basis of dealer opinions. The majority of our clients are fairly compensated by the responsible party's insuror.

Good results obtained on a consistent basis is our goal. It's what it takes to be the best Diminished Value appraisers in Florida and every one of our 50 states.


P.O. Box 2700
Fort Pierce, FL 34954
Phone: (772) 359-4300
Fax: (772) 466-8400

http://stlucieappraisal.net/
AUTO & PERSONAL PROPERTY
SERVICE THROUGHOUT SOUTH FLORIDA

Our service area includes St. Lucie, Martin, Indian River, Brevard, Palm Beach, Broward and Dade Counties. Cities include Fort Pierce, Port St. Lucie, Stuart, Palm City, Jensen Beach, Hobe Sound, Jupiter, Palm Beach Gardens, West Palm Beach, Lake Worth, Boynton Beach, Delray Beach, Boca Raton, Deerfield Beach, Coral Springs, Coconut Creek, Pompano Beach, Tamarac, Sunrise, Lauderhill, Plantation, Fort Lauderdale, Davie, Pembroke Pines, Miramar, Hollywood, Hallandale, Miami, Opa Locka, Hialeah, Coral Gables, Kendall and Homestead.

Diminished Value Appraisals throughout Florida including, Miami, Fort Lauderdale, Tampa, Jacksonville, Daytona Beach, St. Augustine, Lakeland, Panama City, Orlando, Pensacola, Fort Myers, Key West, Sarasota, Port Charlotte, Clearwater, Kissimmee, Melbourne, Daytona Beach, Ocala, Gainsville, Lake City, Sebring, Bradenton, Titusville, Panama City, Bonita Springs, Naples, St. Petersburg and Tallahassee.

paypal payment button The fee for an Automobile Diminished Value Report is $275.00. You may also make your Credit Card Payment by telephone, call 772-359-4300. Credit card payments can be made on the PayPal page. Click on "Don't have a PayPal account?" to be taken to the secure credit card payment page. 

After making your secure payment please email the body shop estimate or the insurance company appraisal to contact@stlucieappraisal.net or FAX to 772-466-8400.

NOTE: TESLA OR OTHER EXOTIC CAR OWNERS PLEASE CALL 772-359-4300 TO ARRANGE FOR AN AUTOMOBILE DIMINISHED VALUE APPRAISAL. 

Wednesday, November 17, 2010

HOW MUCH IS YOUR CORVETTE WORTH?






FORT PIERCE, Florida - The US economy, after years of run-ups on the price of just about everything, seems to have slammed on the brakes. Our appraisals reflect that. We may never see financial horsepower like that again. Not only real estate, but classic cars experienced appreciations in value that were unmatched during any past era. Now we have a certain amount of devaluation going on. Some commodities that we appraise have been affected more than others by these corrections. Let's take a look at Corvettes - specifically, big blocks from the muscle-car era, the 1960s.

Just a few scant years ago it looked as if the ceiling for big-block Vettes would exceed a quarter of a million dollars, an aberration to be sure but also a gold mine for their proud owners. The St. Lucie Appraisal Company of Fort Pierce, Florida performed valuations on numerous Corvettes which were, in turn, submitted to insurers for stated value coverage. Most of those cars are worth less now; some of them much less.

Some examples of what a potential buyer might find out there right now include these.

1967 CORVETTE FASTBACK  
1967 Chevrolet Corvette coupe, Cortez Silver with black stinger and black leather interior, side mount exhaust, headrests, power steering, power brakes, telescopic steering wheel, AM/FM radio, numbers matching L36 427 factory rated at 390hp, 4 speed Muncie transmission with the factory installed Air Conditioning option, original tank sticker, Top Flight awards from chapter, regional and National NCRS meets, Gold awards at Bloomington and the Gold Spinner awards simultaneously resulting in the vaunted Triple Crown Certification.

1967 CORVETTE ROADSTER
1967 Corvette roadster 400 horsepower, 427 cubic  inch big block factory air conditioning, 4 speed transmission, tri-power holley carbs, power steering, brakes and windows, transistor ignition, full tinted window option, leather seats,  headrests, telescopic steering wheel, bolt on wheels,  am/fm radio, dual side exhaust, positraction 336 axle ratio and hard top, matching  numbers car including  the engine, transmission, intake and exhaust manifolds and cylinder heads, modern upgrades include two stage paint and red line radial tires.



1966 CORVETTE CONVERTIBLE
1966 Corvette Roadster, 427/425HP Turbo-Jet Engine, Four Speed Manual Transmission, Headrests, Positraction Rear Axle, 3.70 Ratio, Off-Road Exhaust System,Teakwood Steering Wheel,Telescopic Steering Column, Power Steering, 7.75x15 Goldwall Tires, AM-FM Radio, Protect-O-Plate, owner's manual, accessories guide, AM/FM station guide and the original warranty booklet envelope, 39,900 miles.

Want to purchase one of these Corvettes?  I will share the asking prices with you. As we approach 2011 the vast majority of us won't be plopping down a hundred grand for a Vette anytime soon. But it's nice to know that soon they might actually become affordable again.

The silver '67 Coupe is selling for $119K which seems like a bargain, especially with A/C. The red '67 Roadster is selling for $159K, another factory air car that was probably worth at least 15% more just a few years ago. Finally, the '66 Coupe with the low, low mileage will only set you back $129K. Again, less than you would have paid before but will there be further corrections in the classic automobile market? Imagine someday actually being able to afford one of these cars. Buyers and sellers are both keeping their fingers crossed but for completely different reasons. There are some really interesting sites such as Corvette Blogger where you can keep up with the market as well as other trends. Also, visiting local Corvette dealer sites such as Corvette Experience and Roger's Corvette Center will help keep you current with regard to price and availability of your favorite Corvette.

As appraisers of all types of motor vehicles, it's important to stay in the know when it comes to what things are worth. Are you insuring or donating a Corvette? Is your car part of an estate, bankruptcy, divorce or other legal proceeding? St. Lucie Appraisal will assure that the stated value of your classic car is accurate.





Our rates for services are as follows:

Auto Appraisals (Donations, Bankruptcy, Divorce, Insurance Disputes) $125.00

Stated Value Appraisals (Antique & Classic Cars, Street Rods, Motorcycles, RVs, Trucks) $175.00

Auto/Truck/RV Condition Reports $225.00 and Up

Diminished Value Appraisals (Determines how much less your car is worth after accident repairs) $225.00

Personal Property Appraisals (Contents, Collectibles, Art, Antiques) $225.00 and Up

All other services and additional time when necessary  $75/Hr.

Expert Witness - Court Appearances, Depositions, Mediation $225/Hr.

You may obtain appraisals for Financing, Charitable Donation Tax Credits, Collateral, Damage Claims, Equitable Distribution, Bankruptcy, Estates, Insurance Stated Value, Purchase & Sale and Diminished Value.

Appraisals of Personal Property, Art, Boats, Classic & Custom Autos, Antiques, Collectibles & Memorabilia, Electronics, Machinery, Motorcycles & Choppers, Furnishings, RVs, Trucks & Heavy Equipment. Business Valuations specializing in all types of small businesses.

FIND US FAST IN THE REAL AT&T YELLOW PAGES


Keywords for this article: 427, BANKRUPTCY, corvette, Corvette Blogger, Corvette Experience, DIVORCE, ESTATE, florida, Roger's Corvette Center, ST. LUCIE APPRAISAL, stated value, Fort Pierce, truck, appraisal, appraise 

Revised 10-27-2012
Updated 06-19-2013
Updated 09-10-2013

Sunday, October 31, 2010

AUTOMOBILE FAIR MARKET VALUE APPRAISALS - HOW TO CHOOSE THE RIGHT APPRAISER

AUTOMOBILE FAIR MARKET APPRAISALS IN FLORIDA

STUART, Florida - Throughout the State of Florida one can find almost every type of vehicle. In addition to motor vehicles there are trailers which are used for anything from hauling citrus to actual residences. Motorcycles, race cars, restored antique automobiles and RVs are some other types of vehicles we typically evaluate. Some of the reasons that owners of these vehicles seek appraisals are insurance, donations, bankruptcies, divorces, purchases and claims. The terminology used for such a report is a Stated Value Appraisal. The methodology typically used for such appraisals is called Fair Market Value.

Fair Market Value is the price that property would sell for on the open market. It is the price that would be agreed on between a willing buyer and a willing seller. Sometimes, however, it is difficult to determine FMV because of an absence of comparable items to base it on.

An arm's-length offer to buy the motor vehicle close to the valuation date may help to prove its value if the person making the offer was willing and able to complete the transaction. To rely on an offer, you should be able to show proof of the offer and the specific amount to be paid. Offers to buy the vehicle will help to determine value if the other vehicle is reasonably similar to the vehicle being appraised.

The replacement cost is the amount it would cost to replace the item on the valuation date. Often there is no relationship between the replacement cost and the FMV. If the supply of a particular vehicle is more or less than the demand for it, the replacement cost becomes less important.

To determine the replacement cost of the vehicle, find the “estimated replacement cost new.” Then subtract from this figure an amount for depreciation due to it's the physical condition and obsolescence. You should be able to show the relationship between the depreciated replacement cost and the FMV, as well as how you arrived at the “estimated replacement cost new.” Remember, there is a difference between Fair Market Value and replacement cost.

Generally, the weight given to an expert's opinion depends on the knowledge and competence of the expert and the thoroughness with which the opinion is supported by experience and facts. For an expert's opinion to deserve much weight, the facts must support the opinion.
 
Using sales of comparable vehicles is an important method for determining the FMV of  your vehicle. However, the amount of weight given to a sale depends on the degree of similarity between the comparable vehicle and the vehicle in question. The degree of similarity must be close enough so that this selling price would have been given consideration by reasonably well-informed buyers or sellers of the vehicle.

The sale price of the vehicle itself in an arm's-length transaction in an open market is often the best evidence of its value. When you rely on sales of a comparable vehicle, the sales must have been made in an open market. If those sales were made in a market that was artificially supported or stimulated so as not to be truly representative, the prices at which the sales were made will not indicate the FMV. The authenticity of the vehicle and any parts used to rebuild or otherwise improve it must also be determined by the appraiser.

Regarding antique cars, important factors in the valuation of vehicles are physical condition and extent of restoration. These have a significant effect on the value and must be fully reported in an appraisal. An antique  or custom car in damaged condition will be worth much less than a similar piece in excellent condition. If you donate a car, a boat, or an aircraft to a charitable organization, its FMV must be determined.

Certain commercial firms and trade organizations publish monthly or seasonal guides for different regions of the country, containing complete dealer sale prices or dealer average prices for recent model years. Prices are reported for each make, model, and year. These guides also provide estimates for adjusting for unusual equipment, unusual mileage, and physical condition. The prices are not “official,” and these publications are not considered an appraisal of any specific vehicle. But they do provide clues for making an appraisal and suggest relative prices for comparison with current sales and offerings in your area. These publications are sometimes available from public libraries or at a bank, credit union, or finance company. You can also find pricing information about used cars on the Internet.

An acceptable measure of the FMV of a car, boat, or airplane is an amount not in excess of the price listed in a used vehicle pricing guide for a private party sale, not the dealer retail value, of a similar vehicle. However, the FMV may be less than that amount if the vehicle has engine trouble, body damage, high mileage, or any type of excessive wear. The FMV of a vehicle is the same as the price listed in a used vehicle pricing guide for a private party sale only if the guide lists a sales price for a vehicle that is the same make, model, and year, sold in the same area, in the same condition, with the same or similar options or accessories, and with the same or similar warranties as the donated vehicle.

In general, for insurance or donation purposes, you will need a qualified appraisal. A qualified appraisal is an appraisal document that is made, signed, and dated by a qualified appraiser in accordance with generally accepted appraisal standards. A common misconception is that appraisers are qualified simply because they belong to an organization. A better way to determine whether an appraiser is qualified is by making sure they are licensed by the state in which you reside. If the appraiser is not authorized to settle claims, for instance, then they may not be considered to be qualified according to your insurer, the IRS or a court in which the appraisal may be presented. An appraiser must also not charge a prohibitive appraisal fee.

A qualified appraisal must include the following information:

A description of the vehicle in sufficient detail for a person who is not generally familiar with the type of vehicle to determine that the vehicle appraised is the vehicle that is being insured, contributed or contested.
The physical condition of the vehicle. The name, address, and license number of the qualified appraiser. The qualifications of the qualified appraiser who signs the appraisal, including the appraiser's background, experience, education, and any membership in professional appraisal associations. A statement that the appraisal was prepared for insurance, income tax purposes, legal proceedings or purchase and sale. The date on which the vehicle was valued, the method of valuation used to determine FMV, such as the income approach, the comparable sales or market data approach, or the replacement cost less depreciation approach and the specific basis for the valuation, such as any specific comparable sales transaction.

One final word regarding vehicle donations. The Internal Revenue Service does not accept appraisals without question. Nor does the IRS recognize any particular appraiser or organization of appraisers. Be aware of whom you are dealing with because having to repeat the entire appraisal process, not to mention the added cost, makes very little sense.

For answers to questions about Fair Market Value, please feel free to contact The St. Lucie Appraisal Company before making a decision regarding appraisers and appraisal procedures.

http://stlucieappraisal.net/
AUTO & PERSONAL PROPERTY
SERVICE THROUGHOUT SOUTH FLORIDA

Our service area includes St. Lucie, Martin, Indian River, Brevard, Palm Beach, Broward and Dade Counties. Cities include Fort Pierce, Port St. Lucie, Stuart, Palm City, Jensen Beach, Hobe Sound, Jupiter, Palm Beach Gardens, West Palm Beach, Lake Worth, Boynton Beach, Delray Beach, Boca Raton, Deerfield Beach, Coral Springs, Coconut Creek, Pompano Beach, Tamarac, Sunrise, Lauderhill, Plantation, Fort Lauderdale, Davie, Pembroke Pines, Miramar, Hollywood, Hallandale, Miami, Opa Locka, Hialeah, Coral Gables, Kendall and Homestead.

Diminished Value Appraisals throughout Florida including, Miami, Fort Lauderdale, Tampa, Jacksonville, Daytona Beach, St. Augustine, Lakeland, Panama City, Orlando, Pensacola, Fort Myers, Key West, Sarasota, Port Charlotte, Clearwater, Kissimmee, Melbourne, Daytona Beach, Ocala, Gainesville, Lake City, Sebring, Bradenton, Titusville, Panama City, Bonita Springs, Naples, St. Petersburg and Tallahassee.

Our rates for services are as follows:

Auto Appraisals (Donations, Bankruptcy, Divorce, Insurance Disputes) $125.00

Stated Value Appraisals (Antique & Classic Cars, Street Rods, Motorcycles, RVs, Trucks) $175.00

Auto/Truck/RV Condition Reports $225.00 and Up

Diminished Value Appraisals (Determines how much less your car is worth after accident repairs) $225.00

Personal Property Appraisals (Contents, Collectibles, Art, Antiques) $225.00 and Up

All other services and additional time when necessary  $75/Hr.

Expert Witness - Court Appearances, Depositions, Mediation $225/Hr.

You may obtain appraisals for Financing, Charitable Donation Tax Credits, Collateral, Damage Claims, Equitable Distribution, Bankruptcy, Estates, Insurance Stated Value, Purchase & Sale and Diminished Value.

Appraisals of Personal Property, Art, Boats, Classic & Custom Autos, Antiques, Collectibles & Memorabilia, Electronics, Machinery, Motorcycles & Choppers, Furnishings, RVs, Trucks & Heavy Equipment. Business Valuations specializing in all types of small businesses.

FIND US FAST IN THE REAL AT&T YELLOW PAGES



Keywords for this article: automobile, diminished value, florida, carfax, bad carfax, insurance, collision, accident, repair, agent, broker, dealership, trade-in value, fair market value, progressive,


Revised 08-28-2012
Updated 06-19-2013

Sunday, October 3, 2010

YOU DON'T KNOW WHAT DIMINISHED VALUE IS, DO YOU?

Automobile Diminished Value in Florida

PORT ST. LUCIE, Florida - A few weeks ago I decided to pay my auto insurance policy in person. As an appraiser, you can never expose your business to agents and brokers enough. Over the years, my broker has sent numerous customers my way so a bag of Hershey's Miniatures was the least I could bring along as a gift. Most of their referrals involved custom cars, collectibles and other personal property throughout Florida. Stated Value Appraisals make up a large portion of our business but when I mentioned another service we provide for auto property damage victims, "Diminished Value Appraisals," it drew little more response than a glassy-eyed stare. None of the agents in the office, as a matter of fact, had any idea of what Diminished Value was.

Since you clicked on this article about Diminished Value I'm safe in assuming you know what it is. To recap for the uninitiated (ie: other insurance agencies) when your newer vehicle is damaged as a result of a third-party's negligence, in addition to expecting them to repair your car, you are also entitled to recover the loss of trade-in value you'll encounter at the dealership. This can amount to $5,000 or more yet the majority of people out there are unaware of this form of compensation. Two or three years down the road when you go to sell or trade your car in will be too late. You need to file your DV claim right away.

In order to further illuminate the process I'll describe what we do in relation to what you'll need to do.

Your car has been damaged by a liable third-party. Regardless of whether your vehicle's repairs are handled by your collision carrier or that third-party's insuror, you will make a Diminished Value claim against their insurance company. Their insurance adjuster will require that you present them with a Diminished Value Appraisal which is what we do. There are varying approaches that different appraisal companies use to arrive at what percentage of the car's value has been affected. Most of the national firms use formulas. The problem with that approach is that insurors also have formulas. These, you can be assured, provide the lowest possible return in all cases. So formulaic approaches are challengeable. St. Lucie Appraisal makes multiple queries to dealers, used-car vendors, wholesalers and private sellers. This is time-consuming but provides the highest return by far. Another plus this method offers is that, in order to dispute our figures, they will also have to take the time to make numerous calls. In most cases, as long as your Diminished Value Appraisal isn't outlandish and is buttressed by multiple sources, you'll receive full restitution.

The cost of a Diminished Value Appraisal is $225.00 which you can remit through https://www.paypal.com/  to our email address, contact@stlucieappraisal.net . For payment by check our mailing address is P.O. Box 2700, Fort Pierce, FL 34954. You may also make a credit card payment over the phone. We'll also be glad to answer any questions you may have. Your appraisal takes less than a week to complete. No inspection of the vehicle is necessary. All you'll need to provide is the Year, Make, Model and Options, a copy of the repair estimate and any photos you may wish to include. Email or mail all pertinent data to the same addresses.

Should you feel that the insuror is being unfair, you may report their behavior or request mediation assistance at https://apps.fldfs.com/eservice/Default.aspx In some cases you might be well served by hiring an attorney to represent you. As with the cost of our appraisal, your legal fee may be tax-deductible. Petitioning the court or arbitrator to compel the insuror to reimburse your legal fees is another possibility.

Perhaps your insurance agent, auto body shop or attorney will forget to advise you of your right to seek compensation from at-fault insurance companies for Diminished Value in Florida. Don't worry, we remembered.

The St. Lucie Appraisal Company
P.O. Box 2700
Fort Pierce, FL 34954
Phone: (772) 359-4300
Fax: (772) 466-8400
Email: contact@stlucieappraisal.net

_______________________________

http://stlucieappraisal.net/
AUTO & PERSONAL PROPERTY
SERVICE THROUGHOUT SOUTH FLORIDA

paypal payment button The fee for an Automobile Diminished Value Report is $275.00. You may also make your Credit Card Payment by telephone, call 772-359-4300. Credit card payments can be made on the PayPal page. Click on "Don't have a PayPal account?" to be taken to the secure credit card payment page. 

After making your secure payment please email the body shop estimate or the insurance company appraisal to contact@stlucieappraisal.net or FAX to 772-466-8400.

NOTE: TESLA OR OTHER EXOTIC CAR OWNERS PLEASE CALL 772-359-4300 TO ARRANGE FOR AN AUTOMOBILE DIMINISHED VALUE APPRAISAL. 

Sunday, July 18, 2010

REMODELING YOUR HOME ON WHEELS - AIRSTREAM STYLE


FLORIDA RV APPRAISERS - ST. LUCIE APPRAISAL

FORT PIERCE, Florida - Florida living is wonderful but doubly-so when your home is transportable. Think of it - spending a week in Marathon from your Airstream or other RV, enjoying the turquoise waters and supremely laid-back lifestyle. Just a quarter tank up the road is Miami where probably more than a week would be needed before any type of boredom would set in. Perhaps even a trip to beautiful Fort Pierce for some golf, good food and beautiful beaches. Your RV or travel trailer is next to all of it. Close the doors and you're back at home. So how much time and money should you reasonably spend to remodel  your Airstream or other vintage motor home or trailer?

One of the advantages to remodeling your home-away-from-home is financial as this dwelling is about 1/10 scale of your actual home. One of the disadvantages is that it's very difficult to find capable craftsmen to either install or fabricate hard to find components. Then, of course, you'll need a competent appraiser to properly evaluate the unit for insurance or loan purposes.

How about taking a glimpse into the cost of remodeling a seventies-era 31' Airstream Sovereign? First thing is to make sure you choose a good candidate. Rust, of course, is a telltale negative as are frame and suspension problems, rotted or soft spots in floors, A/C, heating, plumbing or electrical issues, fixtures replacements, mold, etc.

So what's your pleasure regarding decor? Cost of re-upholstering all of the interior wall panels $750. Front seats re-done in synthetic ultra-leather $1500. A new stereo system AM/FM/CD/MP3 plus front and rear speakers $725. Complete overhaul of cabinetry in wood or brushed aluminum $1000, New appliances $500, Flooring can be linoleum but better choices are hardwood laminate, marmoleum with carpeting and bathroom tile as desired $1750. New vents $1000, mini-blinds $250, TVs, DVDs, Blu-Ray, converter boxes, etc. $850, CB and antenna $250, microwave $350, bathroom remodeling $700, rope lights $800, new main and street side awnings (3) $900, aluminum alloy rims and 8 ply trailer tires $900, professional grade fire extinguishers $200, electric hitch, fresh batteries, inverters, converters $350, twin 40 lb. chrome gas cylinders $300, full diagnostics including repack wheel bearings $450, H&H Super Jack $650, re-done bedroom and access doors $500, Nu-vite polish job $500, odds and ends like fancy screen doors, etc. $500. This is off the top of my head, I may be forgetting a few items here and there. There are, of course taxes, registration fees, etc.

So how much was spent creating your dream home on wheels? Considering the average cost for a decent rebuild-candidate will be around $7500, the whole enchilada comes to around $25,000. How much would I appraise a similar trailer for? Around $25,000.

Happy motoring! Make sure to write to tell us how you're doing and where you've been. We like to think we've helped you get there.


P.O. Box 2700
Fort Pierce, FL 34954
Phone: (772) 359-4300
Fax: (772) 466-8400
Email: contact@stlucieappraisal.net


Keywords for this article: Airstream, appraisal, florida, florida rv appraiser, fort pierce, insurance, Marathon, Miami, motor home, RV, ST. LUCIE APPRAISAL, trailer, travel

Revised 08-28-2012
Updated 06-19-2013

Monday, May 17, 2010

WHAT IS YOUR OLD CAR WORTH? A LOOK AT STATED VALUE INSURANCE POLICIES



STATED VALUE APPRAISALS IN FLORIDA

VERO BEACH, Florida - My neighbor in Florida drives a 1996 Chevy Pickup truck whose odometer reads 220,000 miles. Over the years he's maintained it impeccably. Last month, in fact, he replaced the transmission which was no small expense. He's justifiably proud of his truck and confident that it will serve him for many years to come.

Recently, he and I were discussing the state of affairs of our neighborhood here in Florida. It is a very safe, crime-free area. So much so, in fact, that my neighbor remarked "I leave my keys in the truck overnight." That got me to wondering about what his insurance company would pay him if the truck was stolen. After all, once the theft occurs he'll have to look for a replacement vehicle right away. I decided to work up a total loss evaluation which showed his compensation for the stolen vehicle would be approximately $5,000.00. Less his deductible he's looking at around $4500.00.

You should have seen the look on my neighbor's face when I gave him the news. It's not as if he didn't know it beforehand. Most of us take unnecessary risks even though we know that we're courting disaster. In the case of the 96 Chevy Pickup, so many parts have been replaced over the years it is practically a new truck. He wouldn't sell it for twice what they'll pay him. So why didn't he obtain a "stated value" policy from his insurance agent?

"I thought that stated value policies were for expensive cars like Ferrari or antique and classic cars, he said. Would my insurance company write a stated value policy for my truck?" When I told him that they would, my neighbor got right on the phone, called his agent and began the simple process of insuring his beloved pickup truck for it's actual value. It worked for me, too as I ended up doing the appraisal that his insurer requested. Regardless of how much work you've put into your old car, without stated value coverage, your insurance company will give you zero consideration if it is wrecked, flooded or stolen.

Don't get the idea that stated value coverage is something that's unknown to most people. There are those who are gamblers by nature. Jewelry worth a lot? Your homeowner's insurance will cover only $1,000. Is that enough? For some folks, it must be because we receive calls after losses asking what recourse they have. The answer is none. Old car worth a lot? If it wasn't appraised and insured for the stated value you'll only get the book value after a loss. Underwriting rules are strict. The old adage "penny-wise and pound-foolish" comes to mind.

Have an old car that's in great shape?  Get it appraised and obtain stated value coverage for what it is really worth. Trust me, it's better than faxing receipts, invoices and glowing descriptions by the mechanic of your now-departed vehicle to an insurance adjuster who could care less. Either that or good luck finding a decent truck for $4,500.00.

Feel free to call The St. Lucie Appraisal Company with any questions you may have about classic and specialty vehicle appraisals and stated value policies.


P.O. Box 2700
Fort Pierce, FL 34954
Phone: (772) 359-4300
Fax: (772) 466-8400
Email: contact@stlucieappraisal.net

http://stlucieappraisal.net/
AUTO & PERSONAL PROPERTY
SERVICE THROUGHOUT SOUTH FLORIDA

Our service area includes St. Lucie, Martin, Indian River, Brevard, Palm Beach, Broward and Dade Counties. Cities include Fort Pierce, Port St. Lucie, Stuart, Palm City, Jensen Beach, Hobe Sound, Jupiter, Palm Beach Gardens, West Palm Beach, Lake Worth, Boynton Beach, Delray Beach, Boca Raton, Deerfield Beach, Coral Springs, Coconut Creek, Pompano Beach, Tamarac, Sunrise, Lauderhill, Plantation, Fort Lauderdale, Davie, Pembroke Pines, Miramar, Hollywood, Hallandale, Miami, Opa Locka, Hialeah, Coral Gables, Kendall and Homestead.

Diminished Value Appraisals throughout Florida including, Miami, Fort Lauderdale, Tampa, Jacksonville, Daytona Beach, St. Augustine, Lakeland, Panama City, Orlando, Pensacola, Fort Myers, Key West, Sarasota, Port Charlotte, Clearwater, Kissimmee, Melbourne, Daytona Beach, Ocala, Gainesville, Lake City, Sebring, Bradenton, Titusville, Panama City, Bonita Springs, Naples, St. Petersburg and Tallahassee.

Our rates for services are as follows:

Auto Appraisals (Donations, Bankruptcy, Divorce, Insurance Disputes) $125.00

Stated Value Appraisals (Antique & Classic Cars, Street Rods, Motorcycles, RVs, Trucks) $175.00

Auto/Truck/RV Condition Reports $225.00 and Up

Diminished Value Appraisals (Determines how much less your car is worth after accident repairs) $225.00

Personal Property Appraisals (Contents, Collectibles, Art, Antiques) $225.00 and Up

All other services and additional time when necessary  $75/Hr.

Expert Witness - Court Appearances, Depositions, Mediation $225/Hr.

You may obtain appraisals for Financing, Charitable Donation Tax Credits, Collateral, Damage Claims, Equitable Distribution, Bankruptcy, Estates, Insurance Stated Value, Purchase & Sale and Diminished Value.

Appraisals of Personal Property, Art, Boats, Classic & Custom Autos, Antiques, Collectibles & Memorabilia, Electronics, Machinery, Motorcycles & Choppers, Furnishings, RVs, Trucks & Heavy Equipment. Business Valuations specializing in all types of small businesses.

FIND US FAST IN THE REAL AT&T YELLOW PAGES


Keywords for this article: agent, automobile, florida, insurance, old cars, ST. LUCIE APPRAISAL COMPANY, stated value, underwriting, vero beach, truck

Revised 08-28-2012
Updated 06-19-2013





Friday, April 23, 2010

DIMINISHED VALUE AND INSURANCE COMPANIES

 
AUTOMOBILE DIMINISHED VALUE IN ALL 50 STATES


Hire an Expert Automobile Diminished Value Appraiser - Service in all 50 States

FORT PIERCE, Florida - Once your late-model vehicle is in a collision, it has suffered more than physical damage. Your car has also experienced what is known as automobile diminished value. What it means is that your car's resale value has decreased significantly. Because there is now a CARFAX report attached to it, the car becomes a pariah of sorts, shunned by used car buyers in favor of previously undamaged units. Dealers, of course, won't pay nearly as much for the trade-in. Fortunately, Florida recognizes automobile diminished value and insurance companies recognize that they are liable for automobile diminished value claims and therefore, must pay. Will you need an attorney to file your claim? Not if you have secured the services of a competent automobile diminished value appraiser. If the insurance company adjuster of the at-fault driver handles the claim in an above-board manner, Florida's consumers should have little difficulty obtaining fair compensation. The St. Lucie Appraisal Company prepares automobile diminished value reports.

In 2001, the Georgia Supreme Court made an historic ruling in the case of State Farm Insurance Company v. Mabry. Their decision impacted how automobile diminished value claims are handled not only in Georgia, but also in Florida and most other states. The diminution of value after a collision has always existed but, until Mabry, insurance companies refused to pay or even acknowledge Diminished Value. The court wrote: “You are hereby directed to review this case and adjust claims accordingly, including assessment and payment of diminution of value relative to physical damage. Policyholders should be reimbursed consistent with the court's holdings and applicable language contained in the relevant policies issued by your company.”

State Farm tried to argue that when the vehicle has been properly repaired, there is no objectively discernible diminution in value. In reality this is nonsense and even though Georgia's Insurance Commissioner sided with the insuror, the court disagreed. Since then, the large insurance companies have recognized that their diminished value responsibilities are very real. Adjusters, when faced with an automobile diminished value claim, make a token offer which represents only a fraction of the car's lost value. Vehicle owners who balk at accepting are told to obtain an independent evaluation. On the other hand, insurance adjusters don't want to risk having to defend a "bad faith" claim. Aggressively pursuing your diminished value claim almost guarantees a more acceptable settlement. Hiring an attorney is a smart investment if an insurance adjuster is adamant about lowballing you. In most cases, however, a professionally prepared appraisal from a licensed Florida appraiser should suffice.

What is the appropriate methodology for obtaining a diminished value amount? The insurance companies have traditionally used a method named "Rule 17c". It was an agreed upon formula by State Farm and The State of Georgia whereby the maximum decrease in value was set at 10% of the NADA value. It never addressed the impact on vehicles of the current model year which aren't listed in NADA and suffer the greatest percentage of Diminished Value. Vehicle owners have the right to a second opinion and aren't required to accept the dollar value resulting from the 17c formula.

As automobile diminished value experts by virtue of our long experience in the field, St. Lucie Appraisal takes the common sense approach to determining diminished value.

First, the percentage of diminished value is determined using trade-in values. Regardless of how the insurance company adjuster calculates the vehicle's actual cash value, the percentage of diminished value will always be the same.

Second, by using trade-in values, we provide a fair and equitable base that both vehicle owners and insurance claims examiners can live with.

Third, our appraisal figures represent what the vehicle will encounter in the real world of used cars. It is the used car managers at dealerships who provide the most realistic assessment of values because automobile dealers are the ones purchasing and re-selling the vehicles. Our reports list each dealer, their estimation of how much less they would pay because of the bad CARFAX and any pertinent comments such as how different variables affected their decisions. Although it is more time consuming than using a formulaic approach, it's the only method by which accuracy can be obtained.


AUTOMOBILE DIMINISHED VALUE IN ALL 50 STATES 
 
This very nice letter (click to enlarge) from now-retired Stuart, Florida attorney Patrick Beatty illustrates why diligence is necessary in order to prevail in automobile diminished value cases. The insurance company, which shall remain anonymous, first declined to address a diminished value claim at all. Once Mr. Beatty's office became involved, the insuror's stance softened somewhat. But their offer of approximately $1,000.00 for diminution of a 4,800 mile high-end SUV that had sustained major damage was inadequate to say the least. The final reimbursement for automobile diminished value by the insurance company was $6,861.11 based on our appraisal.

Please feel free to contact The St. Lucie Appraisal Company with any questions you might have regarding your vehicle and automobile diminished value in Florida and in all 50 states.


The St. Lucie Appraisal Company
P.O. Box 2700
Fort Pierce, FL 34954
Tel: 772-359-4300
Fax: 772-466-8400
eMail: contact@stlucieappraisal.net
Web Site: http://stlucieappraisal.net/


AUTOMOBILE DIMINISHED VALUE APPRAISER IN ALL 50 STATES  



FIND US FAST IN THE REAL AT&T YELLOW PAGES


Keywords for this article: adjuster, appraiser, attorney, automobile, Boca Raton, Carfax, dealers, diminished value, Florida, Georgia, insurance, Mabry, Patrick Beatty, State Farm, St. Lucie Appraisal Company, 50 states

Revised 08-28-2012, Revised 05-25-2013, Revised 06-19-2013, Revised 09-10-2013

Monday, April 19, 2010

APPRAISER-AUTO, PERSONAL PROPERTY, COLLECTIBLES, DIMINISHED VALUE-SERVICE THROUGHOUT FLORIDA

Personal Property Appraisers in Florida

 FORT LAUDERDALE, Florida - We provide appraisals for all types of Motor Vehicles and Tangible Personal Property including Antique & Classic Cars, Street Rods, Trucks, Heavy Equipment, Motorcycles, Recreational Vehicles, Antiques, Business Equipment, Contents, Electronics, Furnishings, Works of Art, Sports Cards, Comics, Memorabilia and other Collections.

You may obtain Appraisals for Insurance Underwriting and Claims, Charitable Donations, Receiverships, Equitable Distribution, Bankruptcy, Diminished Value, Guardianship and Arbitration.

Automobile Diminished Value Appraisals throughout Florida.

Please feel free to call us at 772-359-4300 and to put us in your rolodex.


The St. Lucie Appraisal Company
P.O. Box 2700
Fort Pierce, FL 34954
Tel: 772-359-4300
Fax: 772-466-8400
eMail: contact@stlucieappraisal.net
Web Site: http://stlucieappraisal.net/



http://stlucieappraisal.net/
AUTO & PERSONAL PROPERTY
SERVICE THROUGHOUT SOUTH FLORIDA

Our service area includes St. Lucie, Martin, Indian River, Brevard, Palm Beach, Broward and Dade Counties. Cities include Fort Pierce, Port St. Lucie, Stuart, Palm City, Jensen Beach, Hobe Sound, Jupiter, Palm Beach Gardens, West Palm Beach, Lake Worth, Boynton Beach, Delray Beach, Boca Raton, Deerfield Beach, Coral Springs, Coconut Creek, Pompano Beach, Tamarac, Sunrise, Lauderhill, Plantation, Fort Lauderdale, Davie, Pembroke Pines, Miramar, Hollywood, Hallandale, Miami, Opa Locka, Hialeah, Coral Gables, Kendall and Homestead.

Diminished Value Appraisals throughout Florida including, Miami, Fort Lauderdale, Tampa, Jacksonville, Daytona Beach, St. Augustine, Lakeland, Panama City, Orlando, Pensacola, Fort Myers, Key West, Sarasota, Port Charlotte, Clearwater, Kissimmee, Melbourne, Daytona Beach, Ocala, Gainesville, Lake City, Sebring, Bradenton, Titusville, Panama City, Bonita Springs, Naples, St. Petersburg and Tallahassee.

Our rates for services are as follows:

Auto Appraisals (Donations, Bankruptcy, Divorce, Insurance Disputes) $125.00

Stated Value Appraisals (Antique & Classic Cars, Street Rods, Motorcycles, RVs, Trucks) $175.00

Auto/Truck/RV Condition Reports $225.00 and Up

Diminished Value Appraisals (Determines how much less your car is worth after accident repairs) $225.00

Personal Property Appraisals (Contents, Collectibles, Art, Antiques) $225.00 and Up

All other services and additional time when necessary  $75/Hr.

Expert Witness - Court Appearances, Depositions, Mediation $225/Hr.

You may obtain appraisals for Financing, Charitable Donation Tax Credits, Collateral, Damage Claims, Equitable Distribution, Bankruptcy, Estates, Insurance Stated Value, Purchase & Sale and Diminished Value.

Appraisals of Personal Property, Art, Boats, Classic & Custom Autos, Antiques, Collectibles & Memorabilia, Electronics, Machinery, Motorcycles & Choppers, Furnishings, RVs, Trucks & Heavy Equipment. Business Valuations specializing in all types of small businesses.

FIND US FAST IN THE REAL AT&T YELLOW PAGES


Keywords for this article: Antique Cars, Antiques, Art, Automobile, Business Equipment, Collections, Comics, diminished value, Memorabilia, motorcycle, personal property, Recreational Vehicles, Sports Cards, Street Rod, truck

Revised 08-28-2012
Updated 06-19-2013