There are certain things that cannot be predicted or stopped, life just bumps us with a lot of surprises without giving us prior notice. The best part is always when we have a plan or have things covered but this is not always the case. Due to an accident or other reckless activities, a car might get damaged, and what this means in turn is that the value for which the car should have been sold will also be damaged. Many people don’t even know how to appraise their cars while it is still in good shape and it becomes much worse for them when it gets damaged. It is however very important to know the worth of your car especially if you live in a busy place like Miami. We can help you with an automotive damage appraisal, Miami, FL. We can also help you out with the appraisal of an automotive still in good shape. Before we speak much about automotive damage appraisal, we would like to explain what it entails.
What is an automotive damage appraisal?
An appraisal is a service rendered by a professional appraiser who assesses a particular asset (in this case, your car) and provides a value for the asset based on a number of factors. Now apply this definition to a damaged automotive, the evaluation would be based on the condition of the vehicle. We are professionals who offer appraisal services for different types of automotive ranging from boats, to classic cars, to even trucks and motorcycle. We offer topnotch appraisal services in Miami, FL.
Why do you need an automotive damage appraisal?
There are several use cases of this type of appraisal and it would make sense for you to get it done so you don’t fall for people who want to pay lesser than its value because of a history of damage. Some of the ways the damage appraisal can be used are
For litigation: Sometimes when your trying to sell off a car, some courts would ask you for paper with showing if it has had any history of damage or repairs. No matter the extent of repairs done on the automotive with original parts, you will still need to provide such a paper work.
For Diminished value: Another very important use case of the appraisal is to get the diminished value of your automotive. Diminished value simply refers to the new value your automotive has acquired after suffering from a damage or an accident. Is it is important for you to know your diminished value so that your automotive is not sold for lesser than its actual price. Most insurance companies don’t want you to understand what a diminished value is, and then they pay you off with an amount that is lesser than how much you are meant to take in the case of a total loss of your vehicle, but understanding the diminished value of your vehicle or automotive will make you know the actual worth of your car after it has been fixed.