Independent vehicle valuation and reporting
Valuation disputes are not uncommon, especially when residual values are shown to be dramatically lower than a vehicle’s previous retailed value. These disputes commonly occur when engineers or insurers have not valued a vehicle correctly during the total loss process.
TEC Group vehicle engineers carry out detailed vehicle evaluations, using several proven valuation sources. They take into consideration the vehicle’s history, previous owners, mileage, extras fitted and condition. Full, national research is carried out in order to achieve the most realistic, fair and reasonable valuation. The valuation report contains detailed calculations with explanations of how the engineer has arrived at the final value.