Jim Volgarino is Certified by the Certified Appraisers Guild of America (CAGA)
specializing in classic and special interest vehicles, including cars and trucks, vintage boats and motorcycles.
He has over 40 years of automotive experience as an enthusiast, restorer, builder and judge for such organizations as Classic Chevy Club International, Late Great Chevrolet Association, the Antique Automobile Club of America and is a current freelance writer for a number of auto-related publications and blogs.
He has shown several award winning vehicles during the past 40 years at both regional and national shows and continues to be involved in the hobby as a collector and restorer.
Currently Jim owns a restored 1964 Chevrolet Impala SS 409, a rare 1974 Honda CB350F, a 1978 Kawasaki KZ650SR and a 1962 Chris Craft ski boat, so he understands the specific needs of collectors and restorers.
Having been involved in the restoration and building of many types of vehicles over the years, he brings an experienced eye to vehicle appraisal when it comes to determining quality standards and value justification.
In addition he understands the research necessary to determine market values including vehicle comparisons, value guide resources and the use of such things as special interest auction results and private sales.
Why would you spend precious dollars to have an appraisal completed? Here are just a few of the most important reasons.
Insurance: If you have a house fire, or fire in your garage, your insurance company will not pay replacement value. Also in the event of an accident, the insurance company will not pay replacement value. An appraisal will provide documentation to an insurance company as to the value of your vehicle, and therefore, make it easier for you to obtain proper insurance coverage and ultimately the correct value settlement should you suffer a loss.
Estate Planning: In the unfortunate event of your demise, your children or heirs will have a statement as to your vehicle’s worth. This will assist them in settling and liquidating your estate.
Selling Your Classic Car: An appraisal by a qualified individual is always a good thing to have when selling your classic car. Your potential buyer can contact your appraiser to verify your claims. Like any car purchase, it is wise to maintain all paperwork regarding maintenance and repairs to help justify an asking price.
Obtaining A Loan: There may be times when you will need to use collateral for another purchase, maybe another classic vehicle. You can use a written appraisal to assist in the loan process.
Buying A Classic Car: There is nothing worse than the realization you just got ripped off by a dishonest seller. Before you purchase a vintage vehicle, an appraisal can help keep you from paying too much, and, uncover potential unseen or undisclosed defects present in the vehicle.
An appraisal consists of an evaluation of the vehicle exterior, interior, mechanics and accessories. Data from various classic value guides, auction results and retail and wholesale sales of similar vehicles are factored into the evaluation. By taking this extra step in getting an appraisal, you are saving yourself from a lot of headaches in the future and maintaining the excitement of classic car ownership.