Automotives Appraisal

Automotives

Whether you need help with A Car Insurance Dispute, Classic Car Appraisal, Exotic Car Appraisal, Total Loss Appraisal, Independent appraisal or Dispute and Service Ontario MTO Appraisal
Pay HST Tax at Service Ontario based on the vehicle’s real market value rather than the wholesale or book value shown on the UVIP (Used Vehicle Information Package) (MTO). Service Ontario (MTO) may require an appraisal letter to transfer ownership of a vehicle if it is older than 20 years. Due to the vehicle’s age, Service Ontario (MTO) is unable to estimate its market or wholesale worth, hence an appraisal letter is necessary.
At times our appraisal services are required in insurance dispute/loss appraisal– Asset Appraiser is call away

About Us

As professionals, we take pride in our high level of customer service and offer our clients unmatched professional experience. We are happy to provide GTA and the surrounding areas with personal property appraisals.

Our asset appraisal approach meets the needs of our clients, whether they be Borrowers, Distress Sellers, Insurance Companies, Not for Profits, Charitable Trusts, Banks & Asset Based Lenders, Private & Public Corporations, or Entrepreneurs – selling & buying business, Mid-size & Small Businesses or requested by professionals – Lawyers, Accountants and Trustees & Receivers.

We are certified personal property appraisers with credentials you can rely on. We take the effort and time to ensure that customers get the full value of our appraising services.

Our Methodology

Each assignment is reviewed, assessed and reported differently, yet our proven methodology remains same.

Identify the main reason and scope of assignment.
Inspect, analyze, review and research the property.
Prepare a comprehensive report based on facts and information.
Walk our client through the entire report and answer any questions they may have regarding the entire process.

Depending upon the scope and valuation type, we generally come up with the following types.

Frequently Asked Questions

How much does appraising services in GTA and surrounding area?

Each appraising assignment is different and could range from $500 to $10,000 or any amount in between. The costs and prices vary depending on specific to the project, such as number of personal assets, condition, and location.

When do I need appraisal services?

• Purchase or Sale of a business
• Divorce (the valuation of business to determine net family property)
• Financing/Loans
• Estate planning purposes
• Management buyouts
• Tax purposes
• Shareholder buyouts
• Corporate reorganizations
• Partnership and shareholder disputes
• Commercial litigation
• Insurance claim purposes (business interruption claims, etc.)
• Employee stock option plans (ESOP)
• Shareholders’ agreements
• Valuation of stock options

How long personal property appraiser take to assess.

Normally, professional appraiser takes approx. 2.5 hours to thoroughly visit and review the asset. It involves speaking with owners, managers, taking notes, pictures, serial numbers/ manufacturer’s name of the equipment. This time may vary based on size of the facility and the number of assets needed to be valuated.

How long appraiser take to deliver the full appraisal report.

Typically, appraiser takes a week to research, compile and prepare a full report presenting the facts and unbiased opinion of the asset appraised