What is an Automotive (Vehicle) Appraisal?
An appraisal is a service whereas a professional appraiser, proficient in the particular field, evaluates the subject property and prepares a formal assessment whereas an opinion of value is rendered. ADE currently provides appraisals for various types of vehicles (i.e. cars, trucks, motor homes, travel trailers, motor cycles etc.) and services including, but not limited to: • Appraisal Clause Activities (insurance policy contract claim resolution) • Appraisal of Physical Damage/Correction (auto body repair, cosmetic repair, insurance claim) • Value Assessments (i.e. classic, custom, exotic value etc.). • Total-loss Replacement Valuations (pre-loss Actual Cash Value (ACV), Salvage Value etc.) • Estate Liquidation/Settlement Valuations • Insurance Coverage, (Stated value, Appraised value, Replacement value etc.) • Dissolution of Marriage (Divorce) Property Settlements • Bankruptcy Proceedings, (Chapter 11 reorganization, Chapter 7 liquidation etc.) • IRS Tax issues, (Donated vehicle, ca
