Why Restomods need appraisals for insurance.
OK, so why do Restomods need an appraisal to get proper insurance coverage? A very popular basis for a Restomod is the first generation Chevrolet Camaro (1967-69). Currently the value of an original #3 Good condition base coupe is around $24,000. Recently we've appraised two Camaro Restomods with build costs of $280k and $403k, respectively. Without an appraisal on file, in the event of a total loss, these Restomod owners might receive an insurance settlement of just $24,000!
Protect your investment! Get it appraised! Call/text 786-853-0711
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What is the difference between a Car Appraiser and a Car Adjuster?
If you're dealing with a wrecked or totaled vehicle, knowing the difference between these two professionals is going to be beneficial for your bottom line.
Pre-purchase Inspections (PPI)
A pre-purchase inspection (PPI) is a thorough inspection of a vehicle conducted by a professional certified appraiser or technician before a potential buyer makes a purchase. The purpose of a PPI is to assess the vehicle's condition, identify any existing or potential issues, and provide the buyer with a report detailing the findings. To discuss/schedule your PPI, call/text 786-853-0711
How can I get a classic car loan?
What exactly is a classic car, anyway? Age is an important part of a classic car’s identity. So in order for a vehicle to fit this definition, it needs to meet a certain age requirement. Different organizations have different ideas about what exactly makes a car a classic.
The Distinguished Gentleman's Drive
Greetings all! We probably all know someone who has been or who is currently impacted by Prostate Cancer. That's why once again this year I am participating in The Distinguished Gentleman’s Drive. Click on the link below and you will be directed to my donation page. https://www.gentlemansdrive.com/driver/JohnLayzell4955
2025 Ford Mustang GTD announced
The 2025 Ford Mustang GTD is the most audacious and advanced Mustang ever, a limited-edition, street legal performance car designed in parallel with Mustang GT3 race car and ready to take on the world’s best performance cars.
Which is it? Replica, Tribute, Clone, Recreation or Kit car?
OK, so it's not original, but what is it, a replica, a tribute, a clone, a recreation or or a kit car? The terms can be confusing, and although sometimes interchangable, there is a difference.
If you are looking for a car inspector in South Florida
Call/text us for information on a pre-purchase car inspection in South Florida. We have three different options to suit your budget. Our expert car inspector will call the seller to schedule an appointment to inspect the vehicle. The auto inspector will go directly to the vehicle to conduct the inspection. You will receive your completed report by the end of the following business day. Need a car inspector? Call/text 786-853-0711
Is diminished value the same as depreciation?
Diminished value and depreciation are two separate and distinct issues. Diminished value is the difference between your vehicle’s market value before an accident and its value after an accident, once repaired. Depreciation is your vehicle’s loss in value over time, which is caused by normal wear and tear. Your car’s depreciation is determined based on its mileage, age, make, model, and general condition.
Car appraisals from Key West to Port Canaveral
For cars, trucks, motorcycles, motorhomes, RVs, boats and light aircraft appraisals, from Key West to Port Canaveral, South Florida Car Appraisers has you covered.
15 year old BMW 650 has over $5,000 in Diminished Value
This 15 year old BMW 650 was in an accident caused by another, resulting in over $10k in damage repairs. Following a Diminished Value appraisal, the owner is now making a $5,000 claim against the insurance company of the at-fault driver.