If you are looking to buy a car with your Self-Managed Super Fund, one of the conditions is that the car needs to be valuated every year.
Getting the car properly valuated is important to ensure the accurate total value of the fund and the true market value of the car.
However, not everyone will valuate the car properly and you could end up with a lower valuation than the car is really worth.
This is particularly important for rare cars or cars that have been highly modified such as hot rods, where the true market value can be hard to determine, especially if the valuer is not an expert in the classic car market.
When it comes to insurance, you want to make sure that the car really is insured for its true market value so that it is fully covered. And under the SMSF conditions, the car must be insured 5 days after it is purchased.
If you want to make sure you get an accurate valuation for your SMSF car(s), we at National Assessing & Engineering are here to help.
We are experts in car valuations who provide honest and accurate valuations for all cars whether they are a classic or vintage car, hot rod or a modern collectable.
We will thoroughly evaluate the vehicle and all the work that has been done on it to give you a fair valuation of what it is really worth.
We service all of Australia, covering all states, including:
So if you are in any of these areas and need to get a car (or cars) valued for your SMSF, we can help you. Just fill out the form below.
Classic & Sports Cars
Just fill out the form below to get in contact with us and sort out your car valuation today.