
Frequently Asked Questions
Do Your Appraisals Work for Bonded Titles?
Our appraisals are not guaranteed to work for bonded titles, but we work with a dealership that will assist with those appraisals. Please call us to discuss your bonded title appraisal needs in more detail and determine if our appraisal will work for you. If our appraisals don’t work for your situation, we recommend visiting your local auto dealership for a bonded title appraisal.
Do Your Appraisals Work for IRS Donations?
Yes, our appraisals are accepted by the IRS for donation purposes. When purchasing an appraisal for this purpose, please include a copy of IRS Form 8283 filled out with the exception of the appraiser portion.
Do You Verify VIN Numbers and Provide a Certificate of VIN?
We verify all VINs with appraisals. We do not, however, provide a certificate of VIN.
How Do You Determine Valuations?
We consult with a price guide book to get an idea first of what to expect for numbers. Price guides aren’t an accurate depiction of a value, but they do help as a guideline. Then we check the market to see what the vehicles are doing there. In the case of diminished value appraisals, we have a proprietary formula we use to determine the diminished value of a vehicle.
Do You Appraise Vehicles for Bank Loans?
Yes we do. However, we do recommend you first check with your bank to find out what their requirements are. Some require an On-Site Appraisal, while others will accept Online Appraisals. Each institution and branch are different so it’s always best to check with them prior to purchasing an appraisal from us.