Wednesday, August 24, 2011

APPRAISING ANTIQUE CARS AT SOUTH FLORIDA'S CLASSIC CAR DEALERSHIPS - THE FEAR FACTOR



BOCA RATON, Florida - Sometimes I can sense the fear while walking through front doors of some of South Florida's antique and custom car dealerships.  Nobody looks a car over better than an appraiser - and I am a very critical appraiser. A salesman hawking a street rod in Fort Lauderdale once went so far as name me "The Deal-Killer." Yet many of these same dealers continue to recommend St. Lucie Appraisal to their out-of-town buyers when they request independent appraisals or condition reports. 

In the past, my attention to detail has conflicted with a dealership's primary goal which is to sell antique and custom automobiles. I see my job as advising buyers on potential risks so they can make an informed business decision on whether or not to go forward with a transaction. Small details sometimes become the devil in the deal meaning occasionally my input results in a lost sale for them. So why do these South Florida auto dealers continue to recommend us as appraisers from Miami to Melbourne? The reason is because we also recognize quality and when our appraisal reflects that, it is a huge aid in helping them to sell the car.

Antique auto collectors from around the world often find themselves considering cars located in sunny Florida. Most are savvy enough not to buy - and then ship - expensive classic cars sight unseen. Seeking advice from an expert makes financial sense. A true advisor isn't doing his job if he isn't pointing out potential traps, pitfalls, and problems. If the car is advertised as a "daily driver", my informing a buyer of small imperfections won't lead to the collapse of a sale. But if the car is advertised as a professionally restored antique car, my noting a litany of small issues could lead to drastic price reduction - or a blown deal.

Five times as often as not, I'm happy to say, the classic cars we appraise or perform condition reports on are accurately described in their advertisements. Antique car dealers who take the time to micro-inspect classic cars for imperfections, maintenance or repair problems have nothing to fear from me. As for those auto dealers who might be looking to ship a Florida lemon to an unsuspecting buyer in Texas or Australia, keep your fingers crossed that your customer doesn't hire me, your old friend, "The Deal-Killer."


 
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

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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) $175.00

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

Auto/Truck/RV Condition Reports $275.00 and Up

Diminished Value Appraisals (Determines how much less your car is worth after accident repairs) $275.00

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.

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Keywords for this article: antique, appraiser, automobile, Boca Raton, buy, car, classic, collector, CONDITION REPORT, custom, dealer, florida, Fort Lauderdale, independent, Melbourne, Miami, sell, ST. LUCIE APPRAISAL,

Revised 08/29/2012
Updated 06/18/2013