Accident: Without a certificate, classic cars are (almost) worthless

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Without an appraisal, classic cars are (almost) worthless

Accident: Without a certificate, classic cars are (almost) worthless-classic

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The Mercedes W124 is a popular youngtimer. The series is considered to be of high quality and very solid. This one here (built in 1993) has to wait another seven years before it becomes old-timer comes.

Source: Haiko Prengel

Accident: Without a certificate, classic cars are (almost) worthless-classic

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First of all, vehicle expert Roland Sieber checks the nameplate and chassis number. And whether the engine is original. “Sometimes you open the hood and think: That’s a replicaa! "

Source: Haiko Prengel

Accident: Without a certificate, classic cars are (almost) worthless-worthless

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The vehicle expert documents the external appearance of the young timer with the camera. The photos can prove the original condition of the vehicle after an accident.

Source: Haiko Prengel

Accident: Without a certificate, classic cars are (almost) worthless-accident

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The condition of the tires is also included in the valuation report. Many youngtimer fans like to drive big sledges, but often there is not enough money for decent tires.

Source: Haiko Prengel

Accident: Without a certificate, classic cars are (almost) worthless-classic

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A look under the trunk carpet is standard for every vehicle appraisal. In old cars there is often moisture, mold and rust pockets there.

Source: Haiko Prengel

Accident: Without a certificate, classic cars are (almost) worthless-accident

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The Mercedes is a garage car, but it saw salt in winter anyway. This shows rust spots on the underbody, but they are not yet dramatic.

Source: Haiko Prengel

Accident: Without a certificate, classic cars are (almost) worthless-worthless

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If dirt and rust trickle out of the cover of the jack mounts, the sills are usually also attacked. Everything is in balance with this W124.

Source: Haiko Prengel

Accident: Without a certificate, classic cars are (almost) worthless-cars

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Roland Sieber advises the owner to seal the cavity and underbody of the car if it is to be kept alive for longer.

Source: Haiko Prengel

When it comes to traffic accidents with classic cars, insurance policies are tough: the classics are then mostly classified as junk. However, appraisals can hedge the asset.

F.The Mercedes still drives fine for a 23 year old car. “The brakes are okay too,” says automotive engineer Roland Sieber, maneuvering the car from the roller dynamometer.

In general, the old Benz was technically in an above-average condition. The E220 has a full service history and the odometer shows just 150,000 kilometers.

But the long-term care by the owner is of no use if the brakes of another car fail and the neat Mercedes hits the back. Then the youngtimer career is over very quickly – and the rear hit doesn’t even have to be a total loss, as expert Sieber explains.

These classic cars are not garage gold

Accident: Without a certificate, classic cars are (almost) worthless-classic

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With the MG TF (1953 to 1955) you can drive affordable roadsters. Fans rave about the sheer driving pleasure. Nevertheless, the prices are going down. The typical owners are 65 bis 70 years old – young people can’t do much with the car anymore. Loss of value: From 36,000 (2011) to 27,700 euros (2015).

Source: Getty Images

Accident: Without a certificate, classic cars are (almost) worthless-cars

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The Biturbo (1981 to 1986) was smaller than the usual Maserati models, but it was also much cheaper. But because of technical problems, he bought one straighta legendary bad reputation. Today, therefore, high maintenance costs discourage purchases. Loss of value: From 9500 euros (2011) to 8900 euros (2015).

Source: picture-alliance / dpa

Accident: Without a certificate, classic cars are (almost) worthless-cars

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The Jaguar XJ 12 Series III (1979 to 1989) is often available for comparatively little money. But be careful, the maintenance costs can be extremely high. Loss of value: From 15,200 euros (2007) to 14,100 euros (2015).

Source: Thomas doerfer -CC BY-SA 3.0 via Wikimedia Commons

Accident: Without a certificate, classic cars are (almost) worthless-almost

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The British called the TR 7 (1976 to 1981) "The Wedge". The weird coupe completely flopped, today it is representative of the decline of the British auto industryie. Loss of value: From 6900 euros (2007) to 6300 euros (2015).

Source: Charles01 -CC BY-SA 3.0 via Wikimedia Commons

Accident: Without a certificate, classic cars are (almost) worthless-almost

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With a displacement of 8.2 liters, it doesn’t matter how lean you set the engine to be: the fuel consumption of the Cadillac Eldorado Coupe (1976 to 1978) will tear holes in your wallet. And findn you a parking lot with this monster! Loss of value: From 19,200 euros (2007) to 16,500 euros (2015).

Source: CC0 via Wikimedia Commons

Accident: Without a certificate, classic cars are (almost) worthless-worthless

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The car may be luxurious. But would you like to drive to the supermarket in a Rolls-Royce Silver Shadow (1977 to 1980) or stop at daycare with it? "Then wiAbout bought an S-Class, Germany is simply Mercedes country, ”says Classic Data expert Brune. Loss of value: From 34,800 euros (2007) to 27,100 euros (2015).

Source: Denver Post via Getty Images

Accident: Without a certificate, classic cars are (almost) worthless-classic

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Loud nailing, sluggish draft – old diesels generally have a hard time being old-timers. The Opel Rekord E (1977 to 1986) is an example of this. Depreciation: From 2400 euros (2007) to 1500 euros (2015).

Source: Opel

Accident: Without a certificate, classic cars are (almost) worthless-worthless

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The Camry was a gray mouse even when it was new – and 30 years later it still is. Some cars just never become coveted collectibles, no matter how old they are. Depreciationt: From 1900 euros (2007) to 1500 euros (2015).

Source: Wikipedia

Accident: Without a certificate, classic cars are (almost) worthless-certificate

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Skoda has enjoyed a good reputation for a number of years. This did not apply to the Skoda 120 (1984 to 1989), the car still exudes old Eastern bloc foul. Loss of value: from 3100 euros (2007) to 2200 euros (2015).

Source: Wikipedia

The 59-year-old is a motor vehicle expert in Michendorf on the Berlin motorway ring. On behalf of the GTu, Sieber carries out official inspections, such as the general inspection that is due every two years for cars. In addition, he has specialized in the appraisal of classic cars.

Such an evaluation can be worthwhile for increasing the value of a classic. Much more important is the determination and protection of the asset for another reason: "In the event of an accident, but also in the event of theft, an expert opinion for classic vehicles is very important," says Sieber.

Quarrels often end up in court

Because in accidents with sheet metal damage, cars in Germany are assessed according to the so-called Schwacke list. It indicates the approximate residual value of used cars up to twelve years old on the German market.

For all older damaged vehicles, the insurance companies base their determination of the residual value on the market value of comparable vehicles. And that can be a real problem with a classic car like the Mercedes W124.

Because of the sedan alone, more than two million units were built. Many copies are still on the road today, but the majority are not collector’s items, but run-down everyday cars – handed over to fourth or fifth hand, and with a lot of maintenance and repair backlog.

Franzi and her old Manta

Accident: Without a certificate, classic cars are (almost) worthless-almost

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Franziska Imruck chose a Manta A (built in 1972). At the time, she was only 16 years old when she bought the old sports coupee.

Source: Stefan Beetz / sbeetz.com

Accident: Without a certificate, classic cars are (almost) worthless-certificate

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Somehow you imagine a teenager’s dream car differently. But Franzi is normally too boring. When others bought a scooter from the hardware store, she put one on Zundapp CS25 too. The first car has to be a little different. Logical.

Source: Stefan Beetz / sbeetz.com

Accident: Without a certificate, classic cars are (almost) worthless-cars

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She discovered the Manta on the Internet and immediately fell in love with the sports coupe. The car was in the back corner of the garage of a used car dealer in Kassel.

Source: Stefan Beetz / sbeetz.com

Accident: Without a certificate, classic cars are (almost) worthless-almost

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The car, a re-import from Sweden, was completely sealed and therefore had hardly any rust. Before that, he stood in a barn in Scandinavia for 18 years. At the first rehearsaldrive with the 80 hp car (Franzi was of course not yet behind the wheel!) the car jumped immediately.

Source: Stefan Beetz / sbeetz.com

Accident: Without a certificate, classic cars are (almost) worthless-cars

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And on their own, Franzi and her father brought the Manta from Kassel to Dahlheim near Mainz.

Source: Stefan Beetz / sbeetz.com

Accident: Without a certificate, classic cars are (almost) worthless-certificate

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The two are a well-rehearsed team. Franzi’s father not only helped her to find the right classic car, but together with his daughter and the neighbor, brought ea manta expert, the car back in shape.

Source: Stefan Beetz / sbeetz.com

Accident: Without a certificate, classic cars are (almost) worthless-classic

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The trio worked in the workshop for a year. The “workshop manual” for the Manta was Franzi’s constant reading during this time.

Source: Stefan Beetz / sbeetz.com

Accident: Without a certificate, classic cars are (almost) worthless-almost

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The car is in constant use by the Imruck family. Franzi drives him to school every day, but his parents also like to borrow the classic car.

Source: Stefan Beetz / sbeetz.com

Accident: Without a certificate, classic cars are (almost) worthless-classic

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Even if Franzi’s mother in particular wasn’t really enthusiastic about the idea that her daughter could drive an old car without airbags, ABS and other modern safety systemssteme was on the way.

Source: Stefan Beetz / sbeetz.com

Accident: Without a certificate, classic cars are (almost) worthless-worthless

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Franzi is actually much too young for the typical Manta cliches. Nevertheless, a foxtail can also be found in her car. However, it is not attached to the antenna, see pon the keychain.

Source: Stefan Beetz / sbeetz.com

Accident: Without a certificate, classic cars are (almost) worthless-classic

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When she received the trailer from her aunt at the age of 14, however, she did not even think in the slightest that she would have the right car some time laterzen should. But maybe her aunt already had a premonition.

Source: Stefan Beetz / sbeetz.com

Accident: Without a certificate, classic cars are (almost) worthless-classic

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The car is in incredibly good condition. Above all, the original leather seats are still great. Cracks? Wrinkles? Nothing!

Source: Stefan Beetz / sbeetz.com

Accident: Without a certificate, classic cars are (almost) worthless-cars

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A few memories of the previous Swedish owner are still clinging to the car. This blonde on the rear and a parking card on the windshield. For Franzi these details belongs about the history of your car.

Source: Stefan Beetz / sbeetz.com

Accident: Without a certificate, classic cars are (almost) worthless-almost

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Even if she had what it takes, Franzi does not want to become a car mechanic or automotive engineer. "I want to study medicine and then into surgery."

Source: Stefan Beetz / sbeetz.com

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However, she briefly toyed with the idea of ​​doing something with cars: “I had already thought about a job in a tuning or custom workshopt would be for me, but medicine and surgery have fascinated me for far too long. "

Source: Stefan Beetz / sbeetz.com

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And as determined as Franzi was in the search for the Opel Manta and later in the restoration, there is no reason to worry that she will realize her career dream.

Source: Stefan Beetz / sbeetz.com

The result: the insurance company also classifies the flagship Benz accordingly and gives the car that has been involved in an accident a residual value of perhaps 800 or a maximum of 1000 euros. "And then the quarrels begin and often end up in court," says motor vehicle appraiser Sieber.

Owners of older cars keep coming to the Brandenburger who want to have their vehicle appraised after an accident so that they can get more money from the insurance company to compensate for the value.

But Sieber always has to reject these people. Because in court only expert opinions are accepted that document the condition of a vehicle before the accident. How are you supposed to judge the value of a car when the front or the rear are completely crumpled??

Nationwide network of classic car specialists

The ADAC also advises youngtimers and oldtimer owners to have their car valued. "In the event of damage that is not your own fault, the value of the vehicle in the undamaged condition can be better presented to the opposing insurance company," explains the automobile club.

In addition to the ADAC, testing organizations such as TuV, Dekra or GTu also offer special vintage car reports. In addition, the two expert organizations Classic Data and Classic Analytics maintain a nationwide network of classic car specialists.

How to properly invest in classic cars

For the owner of old classic cars, it’s often about more than just driving pleasure. Classic cars are investments – and the returns are substantial. However, you can also do a lot wrong. Source: The World

In Michendorf on the Berlin autobahn ring, the old Mercedes is now on the lifting platform. Expert Roland Sieber inspects the underbody of the old Mercedes with a flashlight.

The W124 series is susceptible to rust, jack supports and axle carriers are among the critical areas. The E220 on stage is inconspicuous here.

But the rust gnaws at the two front fenders. The hail damage did not escape the trained eyes of the vehicle expert: the bonnet, roof and tailgate are covered with small but unsightly dents.

Signs of use reduce the value

In the end, Sieber will give the Mercedes a grade 3. Technically, it is in good shape, but the look of the car already has its "signs of use," says Sieber. Classic Data notes a Mercedes E220 in condition 3 at 1900 euros.

Perhaps the owner should replace the fenders and have the hail damage repaired, this investment could be worthwhile in the long term: In state 2, the E220 is already 4700 euros – and the trend is rising.

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