DETROIT, Michigan – In Michigan, we have appraised almost every type of antique, classic and custom car. In addition, exotic cars such as Ferrari, Bentley and Tesla are here in abundance. When it comes time to appraise the value of your automobile, RV, motorcycle or heavy equipment for insurance, financing, diminished value or a charitable donation to a non-profit for a tax-deduction, The St. Lucie Appraisal Company is the company you want to call. Our experience appraising all types of motor vehicles provides car owners with the advantage of hiring someone who knows just how valuable old, well-kept cars can be. In addition, we keep an extensive library of past automotive sales that other appraisers can not match. We are a Michigan antique car appraiser you can count on.
Many companies providing financing or insurance for autos, trucks and heavy equipment have strict requirements regarding the appraisal of vehicles. A bank or credit union lending money toward the purchase of an antique car, dump truck or over the road tractor will ask for an inspection by a licensed appraiser before committing funds toward the purchase. Likewise, insurance underwriters look for documentation before providing coverage. Bankruptcies and loan defaults among owner-operators of trucks and construction equipment make lenders and insurers extremely selective about who they do business with. The St. Lucie Appraisal Company is a company that banks and insurers choose to provide valuation services.
Selecting a company to perform a car or truck appraisal is typically the job of the prospective buyer or policyholder. As absurd as it sounds, the typical commercial lender or insurance broker is clueless when it comes to finding a licensed independent appraiser. Often the vehicle owner is asked to locate an independent appraiser because banking and insurance managers don’t possess Rolodexes any more. When lenders or brokers do hire us, it is often as a result of a Google search. What the vehicle owner should know, however, is that once the appraisal is given to the bank or insurer, representatives from those institutions will then perform their due diligence and query the appraiser as to how he obtained his valuation figures.
After making certain that the independent appraiser is properly licensed, investigate for yourself their expertise and any reviews from past clients. When their appraisal is placed under the microscope of the insurer or lender, if their answers don’t meet the bank’s or insurance company’s criteria, you have wasted your money on a worthless document.
Call The St. Lucie Appraisal Company when only the best and most knowledgeable appraiser will do. Our service area includes Michigan as well as all 50 states Our appraisals are sought after for insurance, financing, donations for tax-deductions, diminished value, bankruptcies, divorces, insurance claim disputes, purchase & sales and estate dissolutions.