Oldtimer value appraisal
These reports describe the vehicle to be assessed. In addition to the technical data, a description of the vehicle's condition and details such as restoration work or conversions.
The values determined in these appraisals, or also in vehicle short assessments, serve for the financial classification.
Value appraisals or also vehicle short assessments can be used to classify the vehicle for the insurer.
They can also serve to prove the value of the vehicle despite severe damage, fire or theft.
Most passenger cars are listed in computer programs with which damage calculations can be made.
There are also repair calculation programs for a number of trucks and trailers.
For buses, these programs are not available, or only moderately available.
This allows car damage calculations to be carried out at relatively short notice, while truck and bus damage often requires more time.
Repair and total loss
After comparing the amount of repair costs and the value of the vehicle before the damage event, it is divided into the groups repair damage and total loss.
If there is a repair damage, you should not extend the duration of the repair unnecessarily.
There is no obligation to repair.
In case of total loss, you should also keep an eye on the replacement period noted in the appraisal.
Here too, you are not obliged to deregister or return your vehicle.
The days of the repair period or replacement period suggested in the appraisal should be adhered to if possible if a rental vehicle is used for this period.