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Conference napalm::musclecars

Title:Musclecars
Notice:Noter Registration - Note 5
Moderator:KDX200::COOPER
Created:Mon Mar 11 1991
Last Modified:Mon Jun 02 1997
Last Successful Update:Fri Jun 06 1997
Number of topics:182
Total number of notes:5467

90.0. "Appraisal; where to get one." by WMOIS::BEAN (You can lead a horse to water, but...) Tue Jun 02 1992 13:10

    
    Where does one go, or who does one contact to have a vehicle
    appraised?
    
    Are these appraisals valid with an insurance company?
    
    How much does an average appraisal cost?
    
    Any help in answering these questions is helpful.  I'm sure that
    my car is not worth what *I* think it's worth, but it might be helpful
    to find out if I ever decide to sell/trade it.
    
    Thanks,
    Tom
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90.1CFSCTC::SANCLEMENTEA Humble HEMI ownerWed Jun 03 1992 11:4321
    
    
    Depending on what your stated value and the type of car your insurance
    may require an appraisal. They will give you a list of what they
    consider valid appraisors. Joe's garage at the corner may or may not
    qualify.
    
    As far as getting an appraisal for personal use, I wouldn't waste the
    money. They are rarely any reflection of the car's actual value. I
    always laugh when I see "1968 mumble mumble" recently appraised at
    10k, will sell for 6K. Now, isn't the 10k supposed to be what the 
    car is worth?
    	
    If your wondering what your car is roughly worth, pick up a Hemmings
    and find one in roughly the same shape and deduct around 35%. That
    will give you a good idea of what someone might be willing to pay.
    
    
    
    			- A.J.
    
90.2Appraisals can vary widely - get a high one for insuranceCIMNET::WOJDAKU got lotsa peperoni in your breadFri Jun 05 1992 13:0024
      If your in Central Mass. you can try Gerry Martel at the Fitchburg
    Music shop on Main Street in Fitchburg.I had him appraise a car a few years
    ago that was accepted by METPAY for insurance purposes.His appraisals
    are more realistic to what the car can be sold for than some other
    appraisers (though for insurance purposes,you probably want a high-end
    appraisal).The price was $75.00 which I thought to be rather high.Also
    insurance companies want a new one every year.He uses 3 reference books
    to arrive at HIS appraisal price.The books vary quite a bit, for
    example:
    
    72 Dodge Challenger Ralleye
    
    Old Cars Price Guide         June 1990 Edition
    Condition1 $11,300        Condition2 $9000        Condition3  $6300
    
    Cars of Particular Interest  April,May,June 1990 Edition
    HIGH $5800                 AVERAGE $4200           LOW $2575
    
    Gold Book of Collector Cars  June 1990 Edition
    HIGH $11,300               AVERAGE $9000           LOW $6000
    
    
    
                                              Rich
90.3where to get appraisal books?YEOLD::PROVENCALMon May 24 1993 14:089
    Does anyone know where I could get a copy of any of the appraisal
    books as mentioned above.
    
    ie.  "Old Car Price Guide", "Gold Book of Collector's Cars" or
         "Cars of Particular Interest".
    
    I have called 2 libraries and neither one has any of those! 
    
    Thanks!
90.4anyone have a sample appraisal I could get a copy of?YEOLD::PROVENCALTue May 25 1993 07:289
    Better yet...
    
    Does anyone out there have an "official" appraisal that I could have
    a copy of to give to my Auto Body guy?  He's a licensed appraiser,
    but Metpay didn't like the way he did up the appraisal on my 67
    camaro.  Since he's not going to charge me for the appraisal... I'd
    like to get a sample to show him so that he can re-do it....
    
    Thanks!
90.5YOU GOTTA' BUY THEMSWAM2::KLINE_STThu May 27 1993 18:254
    GOLD BOOK=  phone 404-261-8330;  old cars can be bought at most
    magazine stands.