Search thousands of topics on CostHelper

BROWSE ALL TOPICS >> babies & children  cars  consumer electronics health & personal care home & garden personal finance  pets  schools small business sports weddings
CostHelper > Personal Finance  > Taxes & Financial Planning > Car Appraisal

Car Appraisal Cost


How Much Does a Car Appraisal Cost?

 
average costAssessment (Without Inspection): $80-$125high costAppraisal (With Inspection): $100-$500
post Post   Comments (3)  

A car appraisal is a written estimate of a vehicle's current value based on the appraiser's training and experience and current market trends. A vehicle appraisal is typically done when buying, selling or insuring a classic, antique or custom car; to get a tax value for a charitable donation; when dividing property for an estate or divorce; or when a car owner disputes the amount offered by an insurance company after a car is damaged or totaled in a collision. An increasing number of classic cars are being sold online, with buyers using an appraisal/inspection to evaluate the vehicle before they actually see it.

Typical costs:

  • Car appraisals are available for $100-$500 or more, but a detailed appraisal that includes photos, a thorough inspection and a written report typically costs $175-$350, depending on location, travel time or if the vehicle is brought to the appraiser. For example, Classic Appraisals[1] in Wisconsin charges $175 if a classic car is brought to them or $225 to travel within the Milwaukee metropolitan area for a "bumper to bumper analysis" with several color pictures; body tag or VIN decoding (vehicle identification number, with digits that if correctly interpreted can identify where and when the vehicle was manufactured, and with which factory-issued features); factory production statistics; comparable sales; and general comments. AutoAppraise.com[2] , with appraisers in 48 states, charges $350 plus $65 an hour travel time for a detailed pre-purchase inspection including an initial and final consultation; 80-150 or more photos of the vehicle section-by-section; and written results from a test drive. Diminished Value of Georgia[3] charges $175 in the Atlanta area to appraise a totaled or stolen car and $225 for a diminished value appraisal of a vehicle that has been repaired to pre-accident condition.
  • If the appraiser does not physically inspect the vehicle, the evaluation is technically not an appraisal but an assessment, which can cost $80-$125. For example, Diminished Value of Georgia[4] charges $95 for an assessment based on facts provided by the client and USA Auto Appraisers[5] in Nebraska offers a "simple email auto appraisal" for antique, classic or or custom automobiles for $99.
Related articles: Used Car, Auto Painting, Car Insurance

What should be included:
  • A vehicle appraisal should include the date and location of the inspection, the date of the valuation, a full description of the vehicle, the methods used to establish value, the purpose of the appraisal, a description of the appraiser's qualifications and the appraiser's signature plus any certification or registration marks. TheAutoAppraiser.com in California explains what should be included.
  • Before an appraisal, clean, wash and wax the vehicle and complete all basic maintenance (change oil, add windshield wiper fluid, have a full tank of gas). Do a brief inspection and consider replacing any worn belts, filters or windshield wipers.
Additional costs:
  • If the vehicle appraisal is part of a legal dispute or an insurance claim, having the appraiser provide expert testimony typically costs $200-$300 an hour. For example, Auto Appraisal Network[6] in California charges $250 an hour, with a four-hour minimum.
Discounts:
  • Ask about discounts for seniors, military personnel or others. Diminished Value of Georgia[7] offers a $25 discount for AAA members or military personnel.
  • For a rough estimate, free pricing information is available through sites like NADA Guides[8] , Hemmings[9] , Kelley Blue Book[10] , Edmunds[11] or AutoTrader[12] .
Shopping for a car appraisal:
  • For classic, antique or custom cars, appraisals are typically available at shows or exhibitions, or ask for recommendations from a car club specializing in that particular model or type of car. For insurance valuations, attorneys specializing in car accidents typically have recommendations for auto appraisers.
  • There is no single national organization that certifies auto appraisers, and there are no formal training requirements[13] . Most states do not require vehicle appraisers to be licensed, although a few have licensing requirements for appraisers who assess damages for insurance purposes. For example, appraisers in Pennsylvania must pass the state's Motor Vehicle Physical Damage Appraiser exam; Massachutsetts requires proof that the person worked for a licensed car appraiser and completed an approved appraisal course; Oregon[14] requires two years experience with a licensed appraiser; and Vermont[15] says the applicant must pass a test and be employed by a licensed appraiser. Check with the secretary of state's office about appraiser requirements.
  • Ask about the appraiser's training process and experience, and how and when any certifications were earned or awarded. Classic Auto Appraiser in California lists what to consider[16] when choosing a car appraiser.
post Post   Comments (3)  
CostHelper News


10 Reasons to Shop Small Business Saturday on Nov. 28
After the retail insanity of Black Friday, consider checking out locally-owned companies on Saturday, Nov. 28. || Posted October 25 2020


10 Key Ways to Prepare for Extreme Snow
Forecasters are predicting a true nor'easter will hit the eastern and central states with rain, thunderstorms, ice, snow and high winds over the Thanksgiving weekend. It's crucial to plan ahead, before bad weather hits. || Posted November 26 2013

‣ All CostHelper Blog Posts


What People Are Paying - Recent Comments
GREAT SERVICE "FIVE STARS"
Amount: $389.00
Posted by: Ronald Reager in Buffalo, NY.Posted: August 26th, 2019 10:08PM
Vehicle Make, Model: JEEPType of/Reason for Appraisal: INSURANCE
Appraiser/Firm: BENCHMARK AUTO APPRAISERS LLC
Great Company and people.
Was this post helpful to you?   yes     no Report prohibited or spam
GREAT SERVICE "FIVE STARS"
Amount: $389.00
Posted by: Brian Gorski in Lockport, NY.Posted: August 9th, 2019 11:08AM
Vehicle Make, Model: CHEVROLETType of/Reason for Appraisal: INSURANCE
Appraiser/Firm: BENCHMARK AUTO APPRAISERS LLC
Next Day service and a full blown 24 page report with comps and images.
Was this post helpful to you?   yes     no Report prohibited or spam
Insurance claim dispute
Amount: $0.00
Posted by: Alisa Hord in Hickory, NC.Posted: December 6th, 2018 01:12PM
Vehicle Make, Model: Kia OptimaType of/Reason for Appraisal: Disagree w insurance company
Appraiser/Firm: Sentury Insurance
The insurance company wants to total loss my vehicle. I do not see any reason why it should be considered a total loss.
Was this post helpful to you?   yes     no Report prohibited or spam


 

Comment On Your Experience With a Car Appraisal
 
Subject:  *
Amount Spent:  *
Vehicle Make, Model: Type of/Reason for Appraisal: 
Appraiser/Firm:   
Comments: 
Purchased:  Year: 
City:  * State:  *
 
Information about you:
Email:  * Email addresses are not displayed.
Name:  This is the name we'll display with your post.
me on this computer
*=required field.
 



External Resources:
  1.  www.classicappraisals.biz/Our-Appraisals.php
  2.  www.autoappraise.com/pre-purchase-auto-inspections.htm
  3.  diminishedvalueofgeorgia.com/auto-appraisal-price-order/
  4.  diminishedvalueofgeorgia.com/auto-appraisal-price-order/
  5.  www.usaautoappraisers.com/
  6.  www.autoappraisalnetwork.com/expert-witness.html
  7.  diminishedvalueofgeorgia.com/auto-appraisal-price-order/
  8.  www.nada.com/
  9.  www.hemmings.com/
  10.  www.kbb.com/
  11.  www.edmunds.com/
  12.  www.autotrader.com/
  13.  www.bls.gov/ooh/Business-and-Financial/Claims-adjusters-appraisers-examiners-and-i...
  14.  www.oregon.gov/ODOT/DMV/Pages/dealers/abandonedvehapp.aspx
  15.  www.dfr.vermont.gov/insurance/producer-licensing/auto-damage-appraiser-license-info
  16.  www.classicautoappraiser.com/choosing.php
More Personal Finance Topics
Check Out All Costs for Personal Finance How Much Does Closing a Home Cost? How Much Does a Traffic Ticket Attorney Cost? How Much Do Funeral Flowers Cost?

Search Thousands of Topics on CostHelper.com

 
Today's Featured Cost Articles

About CostHelper
CostHelper is based in Silicon Valley and provides consumers with unbiased price information about thousands of goods and services. Our writers are experienced journalists who adhere to our strict editorial ethics policy.

CostHelper Community
Toilet Flange Replacement/ Toilet Reset
Paid: 5294.00
(Break down of pricing was not initially provided and I had to call to speak with a manager to get exact pricing)... [more]
-Gray
Replacing a Toilet Cost
ER visit for ear achech
Paid: 2250.00
I was there in hospital only for 15 minutes. due to Covid Urgent care was closed near my house. Doctor came and prescribe me anti biotic ear drops and pills. Got a rude shock when they charge me with huge bill... [more]
-Deepa
Emergency Room Visit Cost
Overspent?
Paid: 312.00
$312 per pet.Exam39.25Waste disposal 2.99Heart worm 48.30Fecal 25.29DA2P 101.99Lepto 21.50Sentinel 69.34I always feels overcharged when I go here... [more]
-Rebekah
Dog Vaccination Cost
Root tips
Paid: 845.00
Speechless, total ripoff, I have been going to Dr. L. Tabor for many years, I assisted him a few years... [more]
-Terri P
Tooth Extraction Cost
Ignition coils, spark plugs & valve cover gasket
Paid: 107.00
Check engine light came on, code was P0303, third cylinder. Googled causes of code found ignition coil and spark plugs most likely. Ordered parts from Amazon and my husband and I changed them after watching some YouTube videos... [more]
-JLC
Ignition Coil Replacement Cost
A/C repair
Paid: 670.00
Decided to to replace the 35 year old aging AC system. New compressor, accumulator, orifice tube, refrigerant hoses, condenser. Flushed the evaporator. Charged with ozone friendly 12a refrigerant... [more]
-citydragon
Car Air Conditioning Cost