Vehicle valuation

A vehicle appraisal is a process that determines the current market value or condition of a vehicle. This appraisal can be influenced by a variety of factors, including the age, mileage, condition, features, and model of the vehicle. It is performed using specialized appraisal programs and can have different purposes, such as selling or buying a vehicle, setting insurance premiums, or determining the residual value after an accident. A professional vehicle appraisal helps determine the true value of a vehicle and can protect against financial mistakes.