Value Report
Objective. Transparent. Secure.
Much more than a brief assessment!
The Value Report offers you a comprehensive and structured assessment and documentation of the technical and visual condition of your vehicle, up to a value of €150,000 - for yourself or your insurance company.
The CT Inspections Value Report includes
- 128 inspection points
- Recognized by classic & youngtimer insurance companies
- Condition rating (body & technology)
- Market & replacement value
- Printed report book included
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How it works
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* Please clarify in advance with your insurance company whether they accept the CT Inspections Value Report as a prerequisite for all-risk or comprehensive insurance.
The classic & youngtimer Value Report
A classic car Value Report is used to determine and document the market value of historic vehicles and other collectible or enthusiast automobiles. Replacement value and restoration value can also be determined. This involves a thorough visual and technical inspection and assessment of various vehicle components such as the interior, paintwork, engine, chassis, modifications, previous ownership and much more. A Value Report goes deeper in content and is more comprehensive than many other reports. Finally, the vehicle receives an overall condition rating, which can play a decisive role in insurance classification. Whether the vehicle is in flawless original condition (1) or not roadworthy and in need of restoration (5) naturally affects the insurance premium.
When is a Value Report required?
Value Reports are used in various situations as a basis for final decision-making. They are particularly valuable when you buy or sell a classic car. For the buyer, a detailed report provides reliable information about the vehicle's condition. For the seller, the report offers objective documentation of condition and any value-enhancing features, such as notable previous ownership, giving an optimal negotiating position.
Value Reports are also a sensible investment for insurance classification. They serve as the basis for determining the insured sum and premium level. The documented condition rating, detailed inspection and determined replacement value protect the vehicle's value in the event of a claim and have a significant influence on premiums and insured sums.
A Value Report generally does not have a fixed expiration. However, it is advisable to renew it periodically, at the latest every 3 years, due to the change in condition over time. Follow-up reports (after about two to three years) are usually less time-consuming and therefore cheaper.
Having a Value Report prepared
There are various providers who offer Value Reports. What matters is the expertise of the expert conducting the inspection, the content of the produced report and the price. On average, the cost of a Value Report ranges between €300 and €500.
Vehicle components that should be examined when creating a Value Report include paintwork (paint thickness measurement), interior, engine bay, gearbox, suspension, underbody, electrics, roadworthiness and safety, vehicle history including previous ownership, prior restoration work and a test drive.