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Factors affecting Vehicle Values & Common Valuation Questions

Factors affecting Vehicle Values
 
The present Jamaican Automobile Market is comprised of vehicles manufactured for various world markets and imported to Jamaica. Japanese Domestic, Asian, European, Canadian, and United States are some of the market models that are imported alongside the Local Dealer models. As such, a particular model vehicle may have features, engine types, drive train, and even body parts that may vary from that of the Local Dealer model. This factor makes the determination of Market Value a more intensive process.
• Changes in Import Duties
• Currency Value Changes
• Dealer Price Adjustment
• Trends in the Vehicle Market
Common Valuation Questions
 

What is the VIN?

What is the Model Year?

What is the Model Number?

What is the Market Value?

What is the Forced Sale Value?

What is a Facia Change?

What is a Japanese Domestic Model?

What is a Local Dealer model?

Why does a Valuation report take longer to complete for "High-End" or "Non-Standard" Vehicles?

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