Core report sections
- Assignment and intended use
- Vehicle identification
- Documents and information reviewed
- Specifications, trim and equipment
- Mileage and condition information
- Market definition and research date
- Comparable vehicle analysis
- Adjustments and reconciliation
- Valuation conclusion
- Assumptions and limiting conditions
Evidence expectations
Comparable evidence is assessed for relevance to the subject vehicle, market, valuation date, trim, mileage, equipment and condition. Unsupported or materially different listings are not treated as equivalent without explanation.
Clarity and traceability
Material calculations and adjustments should be understandable to the intended reader. Sources, dates and important limitations are identified where appropriate.
Scope-specific reporting
A total-loss valuation, diminished-value analysis, collector appraisal and business valuation may require different evidence and report sections. The final scope is confirmed for each assignment.