CMP/MV Licensing

[peter simundson]

don't forget there are two types of appraisals required. The first one you need when you register it as unfit is a green one page deal that only establishes a value for transferring it to you.

The second is when it is finished and is a "Vintage Vehicle Appraisal"
that is done by a P.A.V.E. appraiser and gets you inexpensive antique insurance. DTC doesn't see this one as it only goes to the broker.

PS

[maple_leaf_eh]

Originally Posted by peter simundson

don't forget there are two types of appraisals required. The first one you need when you register it as unfit is a green one page deal that only establishes a value for transferring it to you.

The second is when it is finished and is a "Vintage Vehicle Appraisal"
that is done by a P.A.V.E. appraiser and gets you inexpensive antique insurance. DTC doesn't see this one as it only goes to the broker.

PS

I put a call into Rupert about PAVE appraisers. He said, no he is not, and Lant Insurance (aka Silverwheels) hasn't argued that he has to be one for their clients. Apparently, PAVE is a group of appraisers in and around Toronto who self-police, and have their trading areas. The one PAVE appraiser in Eastern Ontario is in Mountain (off 401 near Cornwall). No one in the big city. Rupert didn't have much positive to say about this entreprise.

There are indeed two appraisals, and some insurance carriers want them done on a 5-yr cycle. Rupert does both appraisals, but he is honest enough to know that owners know their vehicles better than an onlooker. So any value will be derived mutually.