cobra value

[mrmustang]

Originally Posted by cycleguy55

While asking and selling prices establish the market price for vehicles up for sale or actually sold, there are other times an appraisal is needed (e.g. insurance). For those situations it may be worthwhile to engage a certified appraiser. Check out the 'Bureau of Certified Auto Appraisers' (Bureau of Certified Auto Appraisers - BOCAA) and/or 'The American Society of Certified Auto Appraisers' (Certified Auto Appraisers). Both of these have sections on their Web sites so you can find an appraiser in your area.

As a retired (licensed) appraiser, I highly suggest you interview any appraiser before you use them.

Make sure they understand you want a "current market appraisal" (good for about 2-3 months), and not an "insurance appraisal". if the appraiser does not know the difference between the two, walk away and find another appraiser.


Bill S.

[Dwight]

Truetriplex wants an appraisal for insurance only.

You need to find an appraiser who know the value of Cobra and that is hard to do.

You can go to an appraiser who deals with custom cars, hot rod, etc and tell him how much you have spend on the car. He should work with you and give you a fair appraisal. Next is getting the insurance company to accept the amount of the appraisal.
If you deal with someone like Robbin Terry of Midwest who understands Cobras it will be easier to insure for the amount you have invested. Midwest Classic Insurance


You will pay premium on the dollar value of the car. The more value the more the dollar premium.

Dwight