- After a loss (accident, flood, fire, theft). The Fair Market Value is determined immediately prior to the date of loss. |
- For Insuring a vintage, antique or special interest vehicle. |
- For Estates, Dissolutions or Bankruptcies |
- When donating a vehicle for a non-cash charitable donation. Also included with the appraisal report is the IRS 8283 form. |
- Upon lease termination. |
- In many other instances when an independent valuation can be benificial. |