AppraisalOntario.com Cars over 20 year of age are considered Classic Cars and an professional vehicle appraisal is required by the MTO in order to determine the value of the car for tax purposes. HST is now the tax applicable to car purchases in Ontario. We are MTO licenced, thru service ontario vehicle HST Tax 1159form by Certified Appraiser. We appraise Classic Car, Vintage, Antique Car, Muscle Car, Classic Car Insurance, Appraisals of classic cars for sale, old cars, muscle car, antiques, collectors, automobile insurance, classic car classifieds, exotic car, sports car, auto trader
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A Checklist for Determining the Value of Your Classic Car Appraisal - Pricing & Classic Car Appraisal Fees (< click)

Cars over 20 year of age are considered Classic Cars and an professional vehicle appraisal is required by the MTO in order to determine the value of the car for tax purposes. HST is now the tax applicable to car purchases in Ontario.


If you thought buying and selling a modern automobile seemed like a daunting task, then you should investigate the rating process when it comes to classic cars. Try not to let the appearance of that 1967 Ford Mustang Convertible. trick you into thinking that it functions perfectly. Even though it has a slick, smooth design, it may also have an array of irreversible mechanical problems underneath its hood. A prudent classic car shopper knows how to research the fair market value for a worthwhile automobile while avoiding the lemon that nobody wants. Reputable classic car publications have developed a price guide that rates a car's value based on six different categories, according to their conditions ranging from "pristine" to "clunker." In addition, many classic car owners join local associations that will help assist in educating beginners before making a down payment.

To appraise a car before selling or purchasing it, the car owner can determine what category it fits into by judging its condition on a scale of one to five, using five as the highest value. After assessing the values of each category, the car owner calculates the grand total of all twenty categories, and then compares the points to a one hundred point maximum. Use the following chart for a basic category valuation to determine the car's fair market value:

 

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Category 1: Perfect shape.
The car would earn 90 to 100 points.

Category 2:
Near perfect shape
The car would earn between 80 to 89 points.

Category 3:
Good shape.
The car would earn between 70 and 79 points.


Category 4: Average shape.
The car would earn between 60 and 69 points.


Category 5: Fair shape.
The car would earn between 40 and 59 points.


Category 6: Poor shape.
The car would earn 39 points and under.

 

How to Appraise a Classic Vehicle


AppraisalOntario MTO/HST Tax Certified Classic Car Appraiser of Vintage Antique MuscleCar CarInsurance Appraisal

 

 

CERTIFIED Classic Appraisal Reports


How to Rate the Exterior Body


The Appraiser should stand roughly 2 to 3 feet in front of each headlight and taillight. Inspect the side panels for bulges, waves, or other damages incurred as a result of incidents, road debris, or shoddy body repair.

- Examine the car's paint for blisters or signs of rust. Pay close attention to the wheel wells, rocker panels, and headlights.
- Obtain a sizable magnet and move it over the various body parts to check it for body filler, previous damage, and other signs of rusting.
- Closely examine the vehicle for uniform gaps around the doors, trunk, hood, and other inconspicuous parts of the body.

 

Doors
- Examine the doors for worn hinges. If the car door sags, then this is an indicator that the hinges need to be changed. - In addition, look for signs of cracking around the weather seals, and other signs of aging, such as paint blisters.

 

Hood and Trunk
- Carefully examine the car's hood for any rippling, indentation, and rusting.
- Check the carpeting in the trunk, and around the wheel housings for rust. In addition, check the latches to the hood and trunk to ensure they are properly aligned.
- Closely look over the convertible tops to ensure that the original material remains. For instance, if the convertible was originally manufactured with canvas, vinyl, or any other type of material, then ensure that the top still has that same material. Be sure that the material has not become worn down, unstitched, or ripped.
- Check the convertible's raising mechanism, and ensure that it fits snugly in place.
- Examine the top of the vehicle for dents, scratches, or other signs of damage.
- Inspect the condition of vinyl covered metal-topped cars. Be sure to seal it tightly without ripping or damaging the material.


How to Rate the Paint, Glass, and Trim



Paint

- Check the car's paint to see if it reflects a high gloss, or if it has become dull. See if the finish has a smooth or rough texture. Examine closely for runs, cracks, and drips in the paint.
- Check a classic car resource guide to see if the car is painted in its original colour.
- Check the doors, inside of the hood, and trunk to see if the colour matches on the outside.

 

Trim
- Closely inspect all of the chrome plated trim pieces to see if the chrome has lost its shine, and whether the base metal has started to show.
- Check to see if the headlight and taillight housings have become poorly pitted. Keep in mind that pitting on die cast parts can not be easily repaired.
- Closely inspect the grill for existing damages and broken parts. In addition, check for missing and dented stainless steel paints on the body's side panels.

 

Glass
- Check for factory markings on the glass for an indication of originality.
- Check the weather seal for cracking that would allow moisture to enter into the seal, thus causing sufficient water damage. If a crack does exist, then check for signs of water leakage along the dash and around the inside of the rear window.
- Carefully check the glass itself for chipping, cracking, and discoloration.

 

How to Rate the Interior Dashboard and Instrument Panel
- Carefully inspect the condition of the dashboard and instrument panel for signs of wear and aging on the plating, knobs, and switches. Note if any knobs are missing, functional, and in good condition. Inspect all of the switches, including the lights, horn, wipers, air conditioning, and radio.
- Grade the lettering around the knob plate, and determine whether the letters have become missing. Examine the gauges for originality and functionality.
- Look over the dashboard to determine if it has become cracked or split.

 

Upholstery
- Examine the overall condition of the door panels, seat coverings, and the headliner. Note if the interior coverings are made from the same original material. If the interior material does not meet the original specifications of the car, then it will lower the value of it, even if in good condition.
- Be sure that the car seating has a good foam foundation underneath its covering.

 

Floor Coverings
- Check to see if the car's carpets have become worn, soiled, or torn. Determine if floor coverings fit the original colour and pattern, or if they have been replaced.
- Carefully inspect the step plate on the car door's coverings, and note if they have become deteriorated or missing.
- Pull the carpet back and inspect for rust along the metal floor.

 

Interior Trim
- Determine if the interior trim meets the car's original specifications.
- Inspect the car for missing door handles and window cranks. Determine if the door handles and window cranks are in working order.
- Inspect the power accessories for functionality. For instance, if the windows, locks, seat mechanisms, antenna, and side mirror adjustors work properly.
- Note the overall condition of the window moldings. Determine if they meet the car's original specifications.

 

How to Rate the Mechanics The Odometer
- Check the car's recorded mileage on the odometer. See if the recorded mileage appears to be accurate in accordance to the owner's service records.
- Check the car's brake and clutch pedal pads for heavy wear, which is a good sign for a high mileage vehicle. A well-worn driver seat also indicates that the car has been driven a lot.
- The vehicle's wear and tear should relatively match the miles recorded on the odometer.

 

Brakes and Steering
- Determine if the car feels safe to drive on the highway by testing the brakes and steering. If the brakes fail to stop within a reasonable distance and requires the driver to pull off to the side of the road, then it might be time to replace the brake pads. The same principle applies if screeching persists.
- Determine if the steering is tight. If the car does not remain in a straight line with minimal correction, then certain steering components may need to be replaced.

 

Transmission
- Check the condition of the clutch if the car has a standard transmission. See if it engages smoothly, and if it fully disengages the transmission.
- If the car is equipped with an automatic transmission, then check if the shifting points transition smoothly or if they seem to slip while accelerating. In addition, check the transmission fluid to see if it's a bright red. If it's brown with a burnt smell, then the transmission fluid should be changed. It may also indicate that the transmission has internal damage.

 

Undercarriage
- Check the chassis to see if it has signs of recent restoration, such as over-cleanliness and a new paint job. See if the transmission or rear axle leaks oil. Inspect the shocks and suspension for signs of rusting.

 

How to Rate the Engine Operation
- Check to see if the engine runs after starting the car. If it does not start the engine, then there is no way to appraise the engine or most of the car's mechanical components. If the engine does not start, then it's a clear indicator that it will need to be rebuilt or replaced.
- If the car engine does start, then listen for sounds that may be expensive to fix.
- Look for any smoke emissions from the tailpipe. Blue smoke is indicative that the engine is burning oil.
- Check the oil pressure while the engine is running. Note if the engine pressure sits at mid-range.
- Check the engine's oil to see if it is clean, or if it's thick and black. Thick and black oil indicates that previous owners failed to regularly change the car's oil. This is a clear indicator that the car was poorly maintained

 

How to Rate the Engine Compartment
- Carefully look over the engine compartment, and note whether it's clean.
- Pay close attention to the car's accessories and whether they are in original and good condition.
- Inspect the engine compartment for fraying and other unoriginal wiring.

 

How to Rate the Car's Authenticity, Special Features, and Desirability Authenticity
- Evaluate the car's authenticity by conducting research on the original car using a variety of available resources.
- Take note of its accessories, including the special wheels, wheel covers, and other luxurious items..
- Determine whether these extras originally came with the car. Even if they are attractive, it does not mean that the accessories are authentic. If the accessories are unauthentic, then it will subtract from the value of the car.


Special Options

- Take note of the car's special options during the time of its manufacturing. For instance, if the car has a higher horsepower engine, then its upgraded trim and interior package will add value to the car. In addition, its sliding sunroof and overdrive transmission may count towards the value of the car.
- Price guides should assign a higher premium for these features, either individually or in combination with one another.

 

Desirability
- price guides can only offer public information; however, nothing can provide the desire to purchase the vehicle other than what comes from the future owner.
- The present owner can assess the desirability by inquiring with prospective buyers and other classic car buffs.
- if planning on purchasing a classic car, then consider what value it offers to your life.
- Ask whether the family will be affected by bringing it into the driveway.
- Determine if it will remove one of the aspirations you have chosen to acquire on your life path.

 

 

 

 

 

 

 

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Classic Auto & Motorcycle Appraisal Services - PRICING for Certified Appraisals

Call 1-888-788-7403 to Schedule an Appraisal or Click Here to Submit Your Information Using Our Online Form


Auto Appraisals with High Quality, Professionally Formatted Appraisals.

Presentation Quality Appraisals are Provided in Printed Form, with Optional PDF Files, and/or Electronic Photo Slide Shows that can be E-Mailed or Viewed on a CD ROM or DVD.



Appraisals and Services Offered:


Distance Appraisal

Our Distance Appraisal Services are Offered for Situations Where it is Not Necessary to Physically Inspect the Vehicle, or When Distance Prohibits a Physical Inspection. These Appraisals are Ideal When You Are Purchasing a Project Vehicle, or if You Need to Know the Value of a Vehicle Prior to Selling, or Purchasing from an Ad or Auction Site, or When Your Vehicle is a Total Loss Due to a Collision or Other Reason. Distance Appraisals are Performed Based on Information and Photos Supplied by the Client, and May or May Not be Accepted by Your Insurance Company. Please Inquire About Details Regarding this Type of Appraisal.


$150 - distance appraisal - later model vehicles and cycles
$250 - distance appraisal - collector cars and cycles
$350 - 1930's vehicles and cycles requiring additional research/photos/documentation

*Additional Charges May Apply for Insurance Company Required Forms or Other Paperwork


Certified Value

Special Interest Vehicles, Custom Motorcycles and Collector Car Values are Higher than they Have Ever Been. With a Professional Appraisal, You Will Posses Legal Documentation Proving the Condition and the Value of Your Vehicle. Without a Proper Appraisal, You are at Risk of Receiving Payment of the Full Value of Your Vehicle in the Event of a Mishap. If You are Selling a Vehicle, Potential Buyers will Know the Current Market Value, Helping You with the Sale. Special Interest Vehicles and Collector Cars Can Sell at a 20% Higher Price or More with a Professional Appraisal.


$250 - most late model and special interest vehicles and cycles
$350 - modified vehicles and cycles requiring additional research/photos/documentation
$450 - extremely rare or coach built vehicles requiring additional research/photos/documentation

*Additional Fuel Costs May Apply if Greater Than 25 km from every major city in Ontario
*Additional Charges May Apply for Insurance Company Required Forms or Other Paperwork


Pre-Purchase Inspection and Appraisal



Are You Considering a Used Car, Motorcycle or Specialty Vehicle Purchase? You May Find the Vehicle You Desire, But it is Not Close to Your Area, or You May Wish to Bid on a Vehicle on an Auction Site, and You Would Like to Verify the Condition and Appraised Value Before Making a Final Decision.

When Performing a Pre-Purchase Inspection and Appraisal, We are Working For You, the Client and Will Perform a Comprehensive and Thorough Inspection of the Vehicle, Along with a Fair Market Value Assessment. You will be Provided with Professional and Unbiased Information to Assist You in Making your Final Purchase Decisions. This Service Also Includes Secure Online Access to a Gallery Containing Multiple Photos and a Detailed Inspection Report via E-Mail for a Quick Insight to our Findings. AppraisalOntario has Inspected and Appraised Vehicles for Clients Located Throughout Ontario.

 

Pre-Purchase Inspections Include:

  • - A Thorough Physical Inspection of Engine, Exterior and Interior
  • - Secure Online Access to Photo Gallery - 100+ Photos
  • - An Extensive PDF Report with Information Documenting the Details of the Vehicle
  • - Record of Identifying Numbers and Historical Documents, as Available
  • - Verification of Title and VIN (if Title is Available for Inspection)
  • - Photographs of the Vehicle, Providing Evidence of the Vehicle's Current Condition
  • - Estimated Current Market Value - Based on Thorough Research Results
  • - *60 Minute Telephone Consultation Following the Inspection
  • - Optional Mailing of Printed Inspection Report - at additional cost
  • - FREE Comprehensive Appraisal via Priority Mail if You Purchase the Vehicle!


$250 - most late model vehicles and cycles
$350 - collector cars and custom cycles
$450 - rare and/or vehicles requiring additional research/photos/documentation

*Photos and Inspection Report Provided Within 24-48 Hours Following Inspection
*Long Distance and International Phone Calls Must be Incoming at Client's Expense
*International Mailing Fees Additional
*Additional Fuel Costs May Apply if Greater Than 25 km from every major city in Ontario
*Additional Charges May Apply for Insurance Company Required Forms or Other Paperwork

Additional Services Available at Added Cost
Video Walk around - VIN Decoding - Ride Along Test Drive
We Will Travel to Locations Outside New England - Call for Details and Rates


Insurance Value

 

It is important to Have Independent and Unbiased Professional Documentation of the Current Condition and Fair Market Value of Your Collectible Auto, Custom Motorcycle or Specialty Vehicle when Obtaining Insurance. Insurance Companies will Only Accept Appraisals Performed by a Certified and/or Licensed Appraiser who Physically Inspects the Vehicle. A Professional Appraisal is Crucial and Most Likely, Required when Trying to to Secure Stated Value and Other Types of Coverage. A Professional Appraisal is a Legal Record, Documenting Your Vehicle's Condition and Value, and is Crucial in the Event you Need to Negotiate and Settle a Claim.


$250 - most late model and special interest vehicles and cycles
$350 - modified vehicles and cycles requiring additional research/photos/documentation
$450 - extremely rare or coach built vehicles requiring additional research/photos/documentation

*Additional Fuel Costs May Apply if Greater Than 25 km from every major city in Ontario
*Additional Charges May Apply for Insurance Company Required Forms or Other Paperwork


Diminished Value

 

A Vehicle's Value may Decrease 15% or More if it has been Involved in an Accident Requiring Significant Repairs. Even when Repairs have been Properly Performed, there is a Loss of Value Due to Having Been Repaired. Not All Vehicles Qualify for Diminished Value. Some Qualifying Factors are Listed Below.

Diminished Value Applies to:

  • New, or Very Low Mileage Vehicles Involved in a Major Non-Fault Collision
  • Antique or Collector Vehicles which are No Longer All Original After a Significant Repair
  • High End Luxury Vehicles or Exotic Vehicles No Longer All Original after a Significant Repair
  • Other Factors Specific to Your Vehicle - Please Inquire with any Questions

The Loss of Value is Determined by the Difference Between what your Vehicle was Worth Before the Accident and What it is Now Worth After the Repairs. AppraisalOntario will Help You Determine Your Vehicle's Diminished Value and Inform You of the Steps Necessary to Collect What is Owed to You.


$250 - most late model and special interest vehicles and cycles
$350 - modified vehicles and cycles requiring additional research/photos/documentation
$450 - extremely rare or coach built vehicles requiring additional research/photos/documentation


*Additional Fuel Costs May Apply if Greater Than 25 km from every major city in Ontario
*Additional Charges May Apply for Insurance Company Required Forms or Other Paperwork

Additional Fees Apply for Optional Negotiation Assistance with Attorneys or Insurance Companies and Professional Witness Services


Pre-Collision Value

 

If Your Vehicle is Totaled as a Result of a Collision or Theft Damage and You are Not Receiving a Fair Settlement, It May be Possible to Establish a Pre-Collision Value. We Will Inspect and Appraise Your Vehicle and Determine its Value Prior to the Occurrence of Any Damages. Not All Vehicles and Situations Qualify for this Type of Appraisal. Please Call With Your Individual Needs Regarding This Service. AppraisalOntario Will Help You Determine Your Vehicle's Pre-Collision Value and Inform You of the Steps Necessary to Collect What is Owed to You.


$350 - most late model, classic and antique vehicles or cycles
$450 - modified, rare or coach built vehicles requiring additional research/photos/documentation


*Additional Fuel Costs May Apply if Greater Than 25 km from every major city in Ontario
*Additional Charges May Apply for Insurance Company Required Forms or Other Paperwork


Bank Loan Value

 

When you need to provide a Bank, Credit Union or Lender with a Certified Appraisal Establishing the Loan Value of a Vehicle, AppraisalOntario Provides Prompt, Professional Appraisal Services for Antique, Classic or Collectible Autos, Motorcycles and/or Other Specialty Vehicles. Appraisal Reports Can be E-Mailed, Faxed or Mailed Directly to your Lender Upon Request.


$250 - most late model and special interest vehicles and cycles
$350 - modified vehicles and cycles requiring additional research/photos/documentation
$450 - extremely rare or coach built vehicles requiring additional research/photos/documentation


*Additional Fuel Costs May Apply if Greater Than 25 km from every major city in Ontario
*Additional Charges May Apply for Insurance Company Required Forms or Other Paperwork


Estate or Divorce



AppraisalOntario can Provide an Independent and Unbiased Appraisal to Help you Establish the Current Market Value of Automobiles, Motorcycles and Other Specialty Vehicles Involved in Estate or Divorce Settlements.


$250 - most late model and special interest vehicles and cycles
$350 - modified vehicles and cycles requiring additional research/photos/documentation
$450 - all vehicles divorce related - includes 1 hr correspondence (additional time billed hourly)

Additional Fees May Apply for Administrative Services Related to Lawyers, Mediators or Other Third Parties


*Additional Fuel Costs May Apply if Greater Than 25 km from every major city in Ontario
*Additional Charges May Apply for Court Required Forms or Other Paperwork
*Additional Charges Apply for Divorce Related Correspondence Exceeding 1 Hour


Charitable Donation

AppraisalOntario Provides Certified Appraisals to Document the Value for Tax-Deductible Donations to the Museums or the Non-Profit Organization of Your Choice.


$350 - late model vehicles, collector cars and custom cycles
$450 - rare and/or vehicles requiring additional research/photos/documentation

Includes Completion of CRA (Canada Revenue Agency) Forms Provided by Your Accountant


*Additional Fuel Costs May Apply if Greater Than 25 km from every major city in Ontario
*Additional Charges May Apply for Insurance Company Required Forms or Other Paperwork


Automobilia - Automotive Books and Art - Collectibles

AppraisalOntario is Qualified to Appraise Automobilia, Automotive Books and Art, as Well as 50s, 60s and 70s Collectibles. We Have Been Avid Collectors of Automobilia, Automotive Books and Fine Art, and Have Collected and Restored Vintage Gas Pumps, Vintage Jukeboxes, Slot Machines as Well as Vintage Pedal Cars and Other Automotive Related Models and Toys.

We Can Also Inspect, Validate and Appraise a Collectible Item, or a Collection You Wish to Purchase from an Auction or Private Party.

When Collectible Items are Owned, it is Important to Protect Your Investment. A Professional Appraisal of Your Items Includes Photos, Descriptions and Values of Your Collectible Items. A Professional Appraisal is a Legal Record and Proves of the Value of Your Assets.

Appraisal Services Offered for:

  • - One Item or an Entire Collection
  • - Automobilia - Petroliana - Pinball Machines - Jukeboxes
  • - Collectible Model Cars - Vintage Auto and Truck Toys - Pedal Cars
  • - Automotive Fine Art - Posters - Books and Documents
  • - Vintage and Antique Automotive Parts Lots and Collections


$ Call for Pricing


Phone Consultation and Insurance Claims Assistance

AppraisalOntario Can Assist You With Insurance Related Claims Advice, and/or Related Assistance, Including Valuation Disputes, Specialty Vehicle Needs and Other Issues. Our Experience in the Auto Body and Repair Industry Allows Us to Explain the Processes Involved and Advise You of Your Rights.

  • Insurance Claims Assistance
  • Disputed Value Assistance
  • Professional Advice for Vehicle Purchases
  • Professional Restoration Advice

Call for a Free Consultation Regarding Your Special Needs.

 

$ Call for Pricing


Comprehensive Appraisal Services Include:

 

  • - An Extensive Report with Information Documenting the Details of the Vehicle
  • - Record of Identifying Numbers and Historical Documents, as Available
  • - Photographs of the Vehicle, Providing Evidence of the Vehicle's Current Condition
  • - Estimated Current Market Value - Based on Thorough Research Results
  • - Certification Stamp by a Licensed Appraiser
  • - 2 Copies of a Presentation Quality Appraisal with Hi Resolution Photos
  • - 2 Certificates of Appraisal with Embossed Gold Seal - Printed on Certificate Stock

An Appraisal Inspection takes approximate 1- 2 hours, while a Pre-Purchase Inspection may take longer.

After gathering the required information, and taking digital photographs of your vehicle, the inspection agent will review the information with you, and submit it to our appraisal and publishing departments in order to research the estimated fair market value, and to compile a professionally formatted appraisal, which will be mailed to you in printed form. Payment for all appraisal services is due prior to, or immediately upon completion of the inspection. Appraisals are Mailed via USPS Priority Mail with Delivery Confirmation Unless Otherwise Arranged.

All Inspections, Appraisals and Related Research are Performed by Auto Appraisers and/or by Appraisers Certified by the PPASC Personal Property Appraisal Society of Canada, who have Personally Owned, Repaired and Restored Corvettes and Muscle Cars, Exotic Automobiles, Specialty Vehicles, Collector Cars and Motorcycles - We Perform All Appraisals, and Do Not Use Sub-Contractors.

Rush Service, Additional Copies, and CD ROM - DVD - Electronic Versions are Available.

* Prices Subject to Change Without Notice
* Additional Fuel Charges May Apply if Greater Than a 25 km from every major city in Ontario
* Additional Charges May Apply for Insurance Company Required Forms or Other Paperwork
* Long Distance and International Phone Calls Must be Incoming at Client's Expense
* International Mailing Fees Additional