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

More Intensive research has to be performed on these vehicles to determine the cost of features fitted. Various options such as Full or Partial Leather seats may be individually added or included as part of a package offered by the Manufacturer.

For Example..The 2016 European-Market BMW X5 had 13 model-variants, ranging from the X5 sDrive 25d SE (£44,575.00), to the X5 xDrive50i M Sport (£65,510.00). If chosen as an option, 20″ Factory Alloy Rims would increase the cost by £1,575.00. If a special Leather Option is fitted, the cost may increase by £1,895.00. If a special Wood-Trim option is fitted, the cost may increase by £560.00. Some of these items may have already be included as part of an “Option Package” such as the “Pure Experience Exterior Design Package” which may include either 19″(£125.00) or 20″(£1,250.00) alloy rims along with either Matt Aluminum or High Gloss roof rails. This option alone could increase the vehicle cost as much as £3,010.00.

Due to these many variations in the vehicle configuration, information usually is required from the local dealer to ensure that the value placed reflects the features fitted to the vehicle.

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