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Ferrari 288 GTO sells for $3,360,000 at Bonham's 2019 Arizona Auction Ferrari 288 GTO sells for $3,360,000 at Bonham's 2019 Arizona Auction

This 1985 Ferrari 288 GTO coupe sold for $2,540,251 at Bonhams’ Bond Street Sale on December 2, 2017. This was good money at the time, but RM Sotheby’s just sold a 288 GTO for $3,360,000 at their just-completed 2019 Arizona Auction. The car was high sale for RM Sotheby’s. Only 272 of these beautiful cars were built. Are we seeing a market rise for these cars? Stay tuned for Amelia Island in a few weeks!

Boat Appraisals: Part II of II Boat Appraisals: Part II of II

Here's what a good appraisal provides: The condition of the boat and its equipment: A marine appraisal determines the condition of the boat's visible components and accessible structures at the time of the inspection. An appraisal provides a list of deficiencies as well as needed repairs and focuses on safety. Deficiencies in an appraisal can be used to renegotiate the sales price or scrap the deal altogether if needed repairs are too expensive or complicated.

Boat Appraisals: Part I of II Boat Appraisals: Part I of II

No one wants to overpay for a boat, so how can you get a good idea of its worth? For popular production boats, there are a few places that can help. Nadaguides.com and www.bucvalu.com list values of hundreds of models. Keep in mind that estimates from any service presume clean boats typically and appropriately equipped, with everything in proper working order.

Pros and Cons of Buying an Extended Warranty for a Car Pros and Cons of Buying an Extended Warranty for a Car

According to the results of the J.D. Power and Associates Vehicle Dependability Study, a better warranty is not one of the most important factors considered by consumers when choosing a new vehicle. The same study, however, consistently finds that consumers say reliability and durability are the most important factors in their choice of vehicle.

The Pitfalls of Insuring a Modified Vehicle The Pitfalls of Insuring a Modified Vehicle

By law, if a car owner wants his or her car to be legal to drive, then that car must have a car insurance policy in force, which is a law that also extends to modified cars. This is true even if the owner drives the car or not, whether the car has a registration plate or not, and whether it runs or not. However, insuring a modified car is not the same as insuring a non-modified car, and there are strict rules and regulations the modified car owner must follow. While many modified car owners purchase full tort insurance policies from specialized insurance agents experienced with modified car insurance policies, getting any policy for the car has some downfalls.

Porsche 904, the first Carrera Porsche 904, the first Carrera

Carrera commemorates Porsche’s success in the Carrera Pan American Race. Porsche developed its first 4-cam racing "Carrera" engine for the 356 in 1955 known as the Porsche 356 Carrera. The name was synonymous with high performance race cars, but in the late 20th and early 21st century has become a luxury flagship for Porsche and has helped build the brand into one of the most famous automotive names

Common Car Insurance Scams -- And How You Can Avoid Them Common Car Insurance Scams -- And How You Can Avoid Them

Even if you've never been involved in a car insurance scam, rest assured that you have felt their effects in the form of higher premiums. There is no national authority that keeps track of all types of auto insurance scams, but reports from various sources indicate the phenomena can cost insurance companies upwards of $6 billion per year and may account for up to 15 percent of all claims filed. Having to pay these claims results in higher premiums for policy holders, including you and me.

So your car has been totaled: FAQs So your car has been totaled: FAQs

Q: Can I keep my car if the insurance company totals it? A: Yes. After it's been declared a total loss, you have the option to keep the car. The insurance company will subtract the salvage value from the car's market value. The salvage value is the amount a salvage yard will pay for the damaged car. If you keep the car, it will have a salvage title. If it is successfully repaired or rebuilt, you can apply to transfer the salvage title to a rebuilt title. Caution! A vehicle with a rebuilt title can be difficult and/or expensive to insure. Do your homework!

Beware of Initial Insurance Claim Settlement Offers! Beware of Initial Insurance Claim Settlement Offers!

If you have submitted an insurance claim and feel the offer to replace your vehicle is inadequate, you’re probably right! Of all the Insurance offers we evaluate, there are only a few companies which make a reasonable offer and we can tell clients “you’re getting a decent offer.” It may be on the lower end of what the car is worth, but the cost of an appraisal isn't going to generate a sufficient return on investment.

Charitable Donation Appraisal Charitable Donation Appraisal

If you’re looking for an appraisal for the purpose of donating a vehicle to a charitable organization, here is something you need to consider: For how much can you actually sell the vehicle?

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