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Consulting

 Classic Car Appraisal

For over 35 years, JD Pass has been providing collectors and enthusiasts as well as legal and insurance professionals with accurate appraisals that conform to the highest standards in the industry. All of his appraisals are completed to USPAP (Uniform Standards of Professional Appraisal Practice) standards, which means acceptance by insurance companies, courts, charities and the IRS.

Getting a classic car appraisal has never been easier. Just download the forms by clicking here, fill out the required information and send it back. You’ll have your appraisal within 48 hours. We’ll even email your appraisal or fax it to your insurance company at no extra cost. It’s that easy. If we have any questions, we’ll be sure to call you.

Would you like to speak to JD personally? Do you need a telephone consultation before purchasing your appraisal? Send your name and phone number and JD will call you to address your questions and concerns. Or feel free to call him at  (601) 665-4027.

Affordable knowledge and insight. JD’s intimate knowledge of the collector car market, coupled with a process that he has perfected over the years, will give you an accurate appraisal so you can make an informed decision regarding your classic car. Each appraisal starts at $150.00 – that’s a small price to pay for gaining the critical market insight that JD can bring to your appraisal. Simply follow the instructions for payment in the forms that you can download to the right. As an added convenience, we take all forms of payment.

This is the perfect time to get a classic car appraisal. With the present collector car market in an incredible state of flux, now is the time to get a truly accurate appraisal of your vehicle. If you’ve had an appraisal in the past, perhaps you should think about updating it as market conditions have probably affected the value of your classic car. Contact JD today and gain the knowledge you need to make the right decision. Better yet, get an appraisal.

  • Insurance: Many insurance companies will require an appraisal before they will offer a policy on a specific vehicle. Others may require an appraisal if the value of a vehicle exceeds a certain threshold, particularly if you have an “agreed value” policy.
  • Accidents: In the event that you are unfortunate enough to suffer a partial or total loss, a current appraisal will document the value of the vehicle prior to the loss. It can also help to establish if a vehicle’s value has been diminished as the result of a loss, as is often the case, even after being repaired.
  • Financing: An appraisal is often needed to obtain financing for a collector vehicle.
  • Purchases: The value of collector vehicles is continually changing and an appraisal will help you to determine the correct value of the vehicle. Additionally, it will be a useful tool when negotiating a purchase price.
  • Sales: In order to realize the highest selling price for your collector vehicle, you must first know its true value in a given market. Knowing this value, and pricing the vehicle realistically will enable you to get the best price, in the shortest period of time.
  • Courts/Litigation: (Including Matrimonial, Probate & IRS) An appraisal will often be necessary to determine the value of a collector vehicle as it applies to legal issues. This may be the result of a disagreement between parties as to the value of a vehicle following an accident, theft or other legal matter. Courts may also order an appraisal of one or more vehicles in cases where it becomes necessary to establish the value of a collector vehicle as part of an estate.
  • Donations: A classic car appraisal will establish the value of a collector vehicle to be used for tax purposes in the case of charitable contributions.

Classic Car Pre-Purchase Inspections.

The most important step in the successful purchase of a classic car is the completion of a pre-purchase inspection. Whether you are a seasoned collector, a novice contemplating the purchase of your first vintage car, or an out-of-state buyer considering a long distance purchase, a pre-purchase inspection is mandatory.

You will receive a report identifying and detailing any defects that may exist on the vehicle.

Pre-purchase inspection reports include

  • Condition of engine and drive-train.
  • Condition of suspension and brakes.
  • Condition of undercarriage including frame and sub-frames.
  • Condition of under body including floor pans, trunk pan, rocker panels, etc.
  • Evidence or rust collision damage.
  • Fit and finish of all body panels.
  • Conditionof all trim including chrome, stainless steel and plastic.
  • Condition of all lenses and emblems.
  • Condition of all glass.
  • Condition of seats, door panels, console, dash, headliner.
  • Verification of proper operation of every switch, control, lever, light, etc.
  • Review of documentation.

All of this information is compiled and provided to you in a detailed report. Additional services, such as verification of originality, and decoding is available.

Expert Witness Services for Vintage Car Legal Matters.

As a winning qualified expert witness, The Vault can assist in all matters pertaining to antique, classic and collector vehicles. Attorneys are experts in the law, but they are not experts when it comes to issues pertaining to collector vehicles. They will welcome the opportunity to have the assistance of an expert that knows the nuances of the collector car business and has been instrumental in winning cases related to collector vehicles.

Testimony in a wide range of cases:

  • Valuation: This is the most common reason that The Vault’s services are retained. We can determine the value of a vehicle prior to a loss suffered in an accident, to set a value in matrimonial or estate cases, or to assign a value for business, purchase or sale purposes.
  • Diminished value: Diminished Value cases are particularly relevant to collector vehicles. A vintage car’s value is generally enhanced if it has never suffered any type of collision or structural damage. Once a vehicle receives damage of this type, its value is generally reduced—even if properly repaired. In many cases you may be entitled to recover this diminished value, which is often quite significant.
  • Vehicle misrepresentation: If you’ve purchased a classic car and you feel that it was misrepresented prior to the purchase, you may have legal recourse. This may be true whether you purchased the vehicle from a dealer or a private party. These types of cases are common given the routine nature of long-distance or sight-unseen purchases that are now so prevalent due to the ease of purchase over the internet.
  • Restoration and repair shop issues: Most restoration shops and repair facilities are honest, but there are some that are not.

Due to the nature of the collector car hobby/business it is common to find yourself entering into an agreement whereby a restoration shop agrees to restore your car and you agree to pay as invoiced.

But what happens when you discover that your beloved vintage vehicle has been sitting in a corner for months, or even years with little or no work accomplished, while you diligently paid invoices? What do you do when you find that the workmanship is not to the standards that you expected, or not even up to minimum industry standards? Finally, what happens when you discover that the completion of the restoration is going to cost many times the amount that you were quoted?

These problems, and others that are similar are very common. And the help of an expert witness that is familiar with industry standards will prove to be invaluable in making your case.

Purchase Protection Service.

Sending money to an unknown party for the long distance purchase of a classic car can be fraught with risk. By allowing the seller to have possession of the vehicle, the documents, and your money…all at the same time, you expose yourself to unacceptable risks.

The Vaults service shields you from these risks:

  • There is nothing to prevent a dishonest seller from selling the car to another party even after you’ve paid for it.
  • Rare and valuable parts can be removed from the car between the time you pay for the car and the time it is picked up for transport. This robs your classic of its true value.
  • Your newly purchased vintage car can sustain physical damage while in the seller’s care awaiting pick-up by your transporter.
  • The seller can use the car that you’ve purchased and paid for, exposing you to risk of liability from an accident.
  • In many cases, the sale of the vehicle will be construed to have taken place in the sellers’ home state. This means that if you have to bring suit against the seller for any reason, you will have to bear the expense of retaining an attorney in that state.

By using The Vault’s Purchase Protection Service, you can eliminate these risks and facilitate a smooth, stress-free transaction.

The best way to protect your investment

Simply come to an agreement with the seller of the vehicle for the sale price and the terms. Then enter an agreement with JD Pass authorizing him to act as your agent to facilitate this transaction. That’s all there is to it.

Instead of paying an unknown party, you’ll be wiring funds to (JD Pass) the Vault’s trusted expert with over 25 years of experience, and he will handle the transaction for you.

Here’s what The Vault will do for you:

  • Personally make safe payment to the seller on your behalf.
  • Take possession of the vehicle and the documents at the same time that payment is made.
  • Transport the vehicle to our secure warehouse.*
  • Notify your chosen transporter that the vehicle is available for pick-up and store it for up to 30 days.
  • Send documents directly to you or your agent via traceable courier service.
  • Notify you when the vehicle has been picked up by your transporter.

The cost for this service is 10% of the transaction price of the vehicle—a small price to ensure a stress-free purchase. Protect yourself.

Simplify Your Overseas Purchase with The Vaults Export Services.

If you are located outside of the United States and are considering the purchase of a collector car in the United States, The Vault is here to help. We understand how difficult it can be to overcome the myriad of problems involved with buying cars internationally and his knowledge, experience and insight will make your transaction pleasant and stress-free.

The Vault will inspect any type of vintage vehicle, purchase it and have it delivered to the port for you.

A complete range of classic car export services:

  • Arrangement of a pre-purchase inspection.
  • Verification and organization of all necessary documentation.
  • Arrangement of safe payment to seller.
  • Management of transportation to the port.

The internet has become an invaluable tool the world over for those seeking to buy a classic car in the United States and import it to their country. However, there are significant financial risks involved with buying a car sight unseen, and unfortunately these risks are not apparent until you’ve taken delivery of the car. In some cases you may even make payment for the car and never receive it. These risks can be eliminated and the transaction completed in an efficient and expeditious manner if it is done with the assistance of an expert.With The Vault’s help you are assured that the vehicle is as represented, and what you expect. You are also assured that the vehicle will be picked up from the seller and delivered to the port safely and in a timely manner. All documentation will be handled in advance of delivery so that there will be no costly delays.







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THE VAULT
IS THE BEST PLACE
TO SELL YOUR CLASSIC,
OR BUY YOUR NEXT...


& our team of experts are here to help evaluate
repair & increase the value of your classic vehicle.

READ MORE     CLICK FOR DIRECTIONS

HOURS

Mon - Fri : 9:00 a.m. - 5:00 p.m.
Sat: By Appointment Only
Sun: By Appointment Only
Holidays: By Appointment Only
Christmas Break: December 24th-January 1st
No deliveries or pick ups after 4 PM or on weekends.

ABOUT THE VAULT

Over the past several years, The Vault has become the South’s Premier Classic Car Dealer. Since 2018 we have delivered more than 1,000 cars to happy customers. Our 100,000 sq.ft. showroom and restoration shop holds more than 50 of the highest quality classics . The Vault is dedicated to delivering your dream to your garage and bringing you the full value of your classic when it’s time to sell.