Modified vehicles cannot be valued by adding every invoice to the base vehicle. The appraisal separates the underlying vehicle, installed components, workmanship, usability, market demand and the extent to which the modifications are recognized by buyers.
Assignments may involve performance, appearance, utility or accessibility changes.
Reliable records help distinguish a documented build from unverified owner claims.
The appraisal may use multiple approaches when exact modified comparables are limited.
Value the underlying unit and verify its configuration.
Identify components, workmanship and condition.
Use relevant custom and category evidence.
Explain which modifications materially affect value.
No. Invoices prove cost and scope, but market contribution depends on condition, demand, transferability and quality.
The insurer decides its documentation and underwriting requirements. Confirm those requirements before ordering.
Possibly, but the report scope and value basis must reflect incomplete condition and limited market evidence.
Assignment availability, inspection requirements and report scope are confirmed after file review. IA Reports does not guarantee acceptance by a third party or a particular financial, legal or insurance outcome.
Tell us about the vehicle or assignment. Your information and selected documents will be submitted directly to IA Reports.
