Business - Valuation (motor vehicles) experts

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 a recommendation 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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