Business - Valuation (motor vehicles)

Introduction

Motor vehicle valuation is the process of estimating the worth of a motor vehicle using professional knowledge, expertise and judgement. Valuation of motor vehicles can be performed for the purposes of:

• Insurance
  
• Sales / trade of second hand vehicles
  
• Taxation
  
• Mergers / acquisitions
  

The factors or conditions that impact upon valuation of motor vehicles include:

• Age
  
• Mileage
  
• Body condition
  
• Tyre condition
  
• Engine condition
  
• Maintenance records / history
  
• Functionality or accessories provide with the vehicle
  

At the bottom of this profile are brief details of a number of the experts that Expert Experts represents. Call our office to discuss your requirements and to obtain an expert submission that suits your needs and budget.

Expertise in Action

Motor vehicle valuation experts may be required to provide expert opinion in cases involving:

• Insurance coverage disputes
  
• Repair and sales disputes
  
• Damage assessment
  
• Product liability
  
• Fraud
  
• Disputes in estimating a price range for the vehicle
  

Sample Reports

For some fields of expertise we have some sample sections of de-identified reports. Please contact our office if you are interested in a sample.

Cost

The overall cost of expert opinion depends on the services required. Some of the key factors that affect the cost of advice include:

• The need for a view or inspection of a location
• The quantity of documentary material to be reviewed
• Whether there are reports of other experts to be reviewed and commented on in detail
• Whether there is a need for conferences with the expert either in person or by telephone/Skype

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• Find the right expert and pay no more