Be on the safe side!

Is a self-assessment sufficient or is an expert opinion required?


Every vehicle owner must answer this question for himself. As a driver of a classic vehicle, however, you should be aware that in the event of a claim, the burden of proof lies with you as the vehicle owner. A purely self-evaluation often does not stand up to a legal dispute.

Regardless of the reason for a valuation, an appraisal helps to avoid uncertainties, misunderstandings and risks.

Depending on the situation and requirements, a valuation can be either short and compact or detailed and extensive.

All valuations are always prepared according to the Classic Data Principle, a "four-eyes principle". This follows the principle of clear separation of duties.

The expert inspects the vehicle on site, determines a condition score on his own responsibility and transmits the technical data to the Classic Data central office. There, all parameters are manually checked by trained employees for correctness and conclusiveness with our archive. Classic Data then determines the market or replacement value for this vehicle type in the known 5 condition grades.

These values are made available to the expert in the form of a certificate as a basis for preparing his expert opinion. With the aid of the Classic Data values and taking into account all factors influencing value, the expert finally determines a final value.

The Classic Data certificate reflects this principle through its visual division of the document into two halves, each verified by a stamp and signature.

Oldtimer

- CLASSIC DATA relies exclusively on DATA & FACTS -

Short evaluation

The short assessment is based on a rough, external inspection by the Classic Data assessment partner.


The short valuation was developed by Classic Data in the 1990s in cooperation with the insurance companies. The aim was to offer a cost-effective form of valuation between the self-assessment and the normal appraisal for the special classic car insurances.


In contrast to a subjective self-assessment, an independent expert documents the condition with an overall condition grade and value. The expert confirms with his signature that the photos and the identification numbers belong to the vehicle being valued and are not from another vehicle of identical construction. In addition, the agreement of the identity of the classic car with the vehicle documents in the central Classic Data Archive is checked and confirmed with a signature. This is an important point, as approximately every fourth vehicle registration document in Germany contains errors.


During a brief inspection, the on-site expert looks for major defects such as engine noises, accident or hail damage, rust or water damage. Points that are often "hidden" in a self-assessment with photos. An inspection of the underside of the vehicle and also a test drive are not carried out. This explains why the short valuation is only used for insurance rating and is only accepted for vehicles up to a certain value.


The short valuation is not suitable for the valuation of high-value vehicles or the purchase/sale of a vehicle. In this case, the detailed vehicle valuation is recommended, which involves an intensive appraisal of all assemblies (without disassembly).


Scope of inspection of the short valuation:


- Check of the vehicle identification number

 - Listing of technical data and equipment

 - Visual inspection of the vehicle and the interior

 - Superficial originality check of the appearance and recording of any missing or damaged parts

 - Test run of the engine

As the owner, you bring the vehicle to the appraiser on your own wheels and inform him or her of all the information you know about the vehicle, including any defects. You have the option of receiving an extended brief valuation with supplements and additional photos. Please discuss the resulting additional costs with the expert on site. 


Important: If a vehicle type exceeds the value of 150,000 Euros in grade 1 in the certificate, a brief valuation is no longer possible for this model, even if the inspected vehicle does not correspond to condition grade 1.


Scope of services


- Survey with the expert

- Order sheet

- Classic Data certificate with an overall condition score and the corresponding value

- Note on the Classic Data certificate

- Photo attachment with at least 6 photos [1 engine compartment photo, 1 interior
  photo, 2 diagonal photos (from front and rear), one photo of the chassis number,
  as well as one photo of the odometer (speedometer)

- Classic Data folder with definition of condition grades


Price: from 180,00 €


Note


All assessments are always prepared according to the Classic Data principle, a "four-eyes principle". This follows the principle of clear separation of duties.


The expert inspects the vehicle on site, determines a condition grade on his own responsibility and transmits the technical data to the Classic Data central office. There, all parameters are manually checked by trained employees for correctness and conclusiveness with our archive. Classic Data then determines the market or replacement value for this vehicle type in the known 5 condition grades.


These values are made available to the expert in the form of a certificate as a basis for preparing his expert opinion. With the aid of the Classic Data values and taking into account all factors influencing value, the expert finally determines a final value.


The Classic Data certificate reflects this principle through its visual division of the document into two halves, each verified by a stamp and signature.

Short, concise and expressive.

Detailed evaluation

The detailed appraisal is an intensive assessment of the vehicle by the Classic Data appraisal partner. 


A detailed appraisal is advisable not only for the valuation of high-value vehicles, which deals with the individual assemblies. Only with such an appraisal can the special features of a vehicle be addressed and taken into account in the value. The same also applies in general when buying or selling vehicles, in order to protect oneself from unpleasant "surprises" later on.


The detailed vehicle valuation is an intensive appraisal of the vehicle by the Classic Data valuation partner. The individual assemblies are inspected in detail (without disassembly). An inspection of the underside of the vehicle, paint layer measurement and also a test drive are carried out.


Of course, the important numbers such as VIN, engine number, body number or differential number can be recorded during this valuation. Value-influencing factors such as originality or history are also mentioned here.  


The detailed valuation contains the following scope of inspection and documentation:


- Technical data as well as explanations of the equipment, modifications if any

- Description of the assemblies

- Visual and simple technical inspection without disassembly or dismantling

- Inspection of the underside of the vehicle

- Superficial originality check of the appearance and (as far as possible) verification of the
   numbers found on the vehicle such as VIN, engine number or body number

- Test drive


An extended scope of testing, e.g. compression testing or cavity
endoscopy, can be ordered additionally.

Scope of services


- Besichtigung beim Sachverständigen

- Schriftliche Ausarbeitung der Bewertung

- Classic Data Zertifikat mit Zustandsnote und Fahrzeugwert

- Umfangreiche Fotos zur Dokumentation

- Definition der Zustandsnoten


Price: from 450,00 €


Note


All assessments are always prepared according to the Classic Data principle, a "four-eyes principle". This follows the principle of clear separation of duties.


The expert inspects the vehicle on site, determines a condition grade on his own responsibility and transmits the technical data to the Classic Data central office. There, all parameters are manually checked by trained employees for correctness and conclusiveness with our archive. Classic Data then determines the market or replacement value for this vehicle type in the known 5 condition grades.


These values are made available to the expert in the form of a certificate as a basis for preparing his expert opinion. With the aid of the Classic Data values and taking into account all factors influencing value, the expert finally determines a final value.


The Classic Data certificate reflects this principle through its visual division of the document into two halves, each verified by a stamp and signature.


Mail: info@classic-data.es

Comprehensive, binding and universally recognised.

Valuation with

Restoration value

After a costly restoration, it can make sense to insure the restoration value. This is particularly the case if the costs incurred for the work are significantly higher than the market value of the vehicle. Some insurance companies offer policies that cover the restoration value (sometimes also referred to as the reconstruction value).


The restoration value is the price that must be paid to ensure the restoration of the vehicle to be valued, taking into account the purchase of a basic vehicle and the procurement or manufacture of the parts used, as well as all traceable work carried out.


The price does not reflect the market situation, as experience has shown that the expenses incurred can rarely be realised in the event of a sale.  



In the course of explaining the restoration value, the individual repair or restoration costs are listed and the total expenditure calculated. The own work carried out is also taken into account. The valuation with restoration value is only prepared within the scope of a detailed vehicle valuation and is thus certified in addition to the market or replacement value.  

Scope of services


The valuation with replacement value is only prepared as part of a detailed vehicle valuation and is thus certified in addition to the market or replacement value.


The additional chargeable expense is to be clarified with the valuation partner.   


Note


All assessments are always prepared according to the Classic Data principle, a "four-eyes principle". This follows the principle of clear separation of duties.


The expert inspects the vehicle on site, determines a condition grade on his own responsibility and transmits the technical data to the Classic Data central office. There, all parameters are manually checked by trained employees for correctness and conclusiveness with our archive. Classic Data then determines the market or replacement value for this vehicle type in the known 5 condition grades.


These values are made available to the expert in the form of a certificate as a basis for preparing his expert opinion. With the aid of the Classic Data values and taking into account all factors influencing value, the expert finally determines a final value.


The Classic Data certificate reflects this principle through its visual division of the document into two halves, each verified by a stamp and signature.

Your contact in Spain

Telefon: +34 620 657 403

Mail: info@classic-data.es

Definition of the state grades 

Condition 1 

Immaculate condition. No defects, damage or signs of use to the technology and appearance. Completely and perfectly restored top car. Like new (or better*). Very rare. 

A vehicle that you approach enthusiastically and find no faults even on close inspection. Basis for the evaluation into condition grade 1 is the assumed condition at first delivery, i.e. the former new car condition of the corresponding manufacturer. 


Condition 2 

Good condition. Free of defects, but with slight (!) signs of use. Either rare, good unrestored original condition or professionally restored. Technically and visually flawless with slight signs of use. 

A vehicle that one approaches enthusiastically, but on which one finds slight signs of use on closer inspection. These slight signs of use should be reflected in the comprehensible, low total mileage or mileage after restoration. The degree of wear and tear on the technology is correspondingly low. 


Condition 3 

Used condition. Vehicles without major technical and optical defects, fully roadworthy and roadworthy. No rust through. No immediate work necessary. 

A vehicle that is approached and upon closer inspection easily recognises signs of use and various minor defects. The signs of use and defects should be reflected in the comprehensible total mileage or mileage after a restoration. The degree of wear and tear of the technology is also corresponding. 


Condition 4 

Used condition. Only limited roadworthy. Immediate work is necessary for successful acceptance according to § 29 StVZO. Slight to medium rusting through. Vehicle complete in the individual assemblies but not necessarily undamaged. 

A vehicle that is approached and where various defects are already visible from a distance. A closer inspection shows clear signs of wear and tear. 


Condition 5 

Condition in need of restoration. Vehicles in poor, unroadworthy overall condition. Extensive work required on all assemblies. Vehicle not necessarily complete. 

A vehicle in which even the layman can immediately recognise clear defects and/or missing parts. Could also be used as a parts carrier. 


*Due to today's technical possibilities (e.g. welding work, computer-aided measuring techniques) as well as the modified materials (e.g. paint, surface finishing) and extensive corrosion protection, a completely restored vehicle can surpass the condition of the original delivery. 

Condition, originality and history are assessed independently of each other by the inspecting motor vehicle expert and are taken into account when determining the value. 

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