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How to Become a Car Appraiser

Contributor
By Linda Ray
eHow Contributing Writer
(0 Ratings)

Professional car appraisers estimate the value of antique and collectible automobiles, used cars and race cars for potential buyers and insurance companies. An appraiser may work for a lending institution to make sure that the financing is priced correctly. Appraisers provide estimates in divorce settlements, for nonprofit donations and following accidents. Auto damage appraisers work for insurance companies to provide an accurate estimate of the damages for a claim.

Difficulty: Moderately Easy
Instructions

Things You'll Need:

  • Certification
  • License (some states)
  1. Step 1

    Enroll in a training program that provides a professional certification that is recognized nationwide. The Auto Appraisal Group (AAG) provides seminars and certification programs in various locations around the country through their Charlottesville, Virginia, home office. To be eligible for certification, AAG requires candidates to have a substantial background in vintage cars and specialized vehicles.

  2. Step 2

    Find additional courses if you are new to the industry from a school such as the National Appraisal Institute, which uses real, damaged cars to teach students how to estimate and determine the extent of the damage. Learn how to photograph and document the damages, tell how much frame damage was incurred and perform cost analysis based on training in replacement prices.

  3. Step 3

    Get an appraiser license if your state requires one. Most states do not have a license requirement for an auto appraiser. Some states, such as Massachusetts, however, do require an automotive appraisal license and 60 hours of classroom training. Check with your secretary of state to see if your state has auto appraiser licensing procedures.

  4. Step 4

    Receive online training and get placed with a certified appraiser in your community through groups such as the International Appraisers Guild. Learn how to be an expert witness in court cases, prepare reports and valuate automobiles correctly. Use the Guild for continuing education as well.

  5. Step 5

    Join a professional trade group that offers credibility and standards that are recognized within the profession. The American Society of Appraisers has an automotive specialties appraisal group that provides referrals for members who follow the Uniform Standards of Professional Appraisal Practice.

Tips & Warnings
  • Consider getting an auto insurance license to add to your credibility, increase the number of jobs you can take on and add value to your appraisals with your knowledge of the insurance industry.
  • Keep up with continuing education about the value of cars to provide updated information. Stay tuned in to the changes in the industry through training and hands-on automotive experience. Read manuals and publications that cover the auto industry such as the reviews and newsletters put out by Edmund's.

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