Car valuation for inheritance

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Published: 08/08/2018

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Cars are often included in the list of property that can be inherited. In order to take ownership of a car, it is necessary to undergo an appraisal procedure. It is required to calculate the amount of the state duty for issuing a certificate of inheritance.

• The procedure for registering a car as an inheritance
• Where and how to evaluate a car
• What documents are needed to evaluate a car for a notary?
• How is a car assessed?

Why do you need to value a car for inheritance?

The main reason for registering a car valuation for an inheritance is the tax levy (state duty). It is necessary to take into account that relatives of the first and second degrees of kinship pay only 0.3% (no more than one hundred thousand rubles) of the value of certain property. These categories include:

• spouse;
• children;
• parents;
• sisters, brothers;
• grandparents.

If we talk about more distant relatives or individuals who do not have such connections, the estimated cost of a car for inheritance for them will be 0.6% (but not more than a million rubles).

In practice, everything is simple: the lower the expert indicator of the car specified in the will, the cheaper it costs a person to pay the state duty.

A car valuation is necessary to register ownership through the court. To determine the exact price of the state fee in the statement of claim, it is necessary to make an expert assessment.

There may also be multiple claimants to the property. The car cannot be divided; an appraisal of the car is necessary to pay a clear amount to one of the rivals.

How much does a car appraisal cost when inheriting?

The procedure is carried out to achieve several goals.
On the one hand, the valuation of cars upon entering into an inheritance is needed to calculate the payment for notary services. On the other hand, it is necessary to understand how much a car costs if it is only part of the inherited estate. When inheriting, you have to divide the inheritance between successors of the same line. If there is a will, then there will be no problems. In this case, the valuation of the car for inheritance is only needed to calculate the duty. But when there is no will and the property is divided according to the law, the situation is different. We have to calculate how much each object costs. For example, several people apply for a car. One can pay the cash equivalent of his opponents' shares and get the car for himself. At the same time, an appraisal of the car for inheritance is necessary to determine this equivalent.

To become the owner of an inherited vehicle, you must submit an application. Documents confirming the rights to claim the car are attached to it. You will also need a receipt for payment of the state fee to complete the application. And to do this, you need to assess the value of the car for inheritance at the current market price. The conclusion of the expert commission is a mandatory component of the documentation package.

To register an inheritance, you are given 6 months. Within the period established by law, the notary must receive all the documents necessary to issue a certificate of accession to the rights of the heir.

But don’t delay in determining the cost. According to current legislation, the price determined at the time of the death of the testator has legal force. When inheriting a car, the notary will require the following documents:

• application according to the established form. The form can be obtained from the notary office at the place of application;
• passport and documents confirming relationship with the testator;
• death certificate. If a person is considered missing, then this document replaces the court decision that the person is declared dead;
• certificate of registration of the car with the traffic police;
• vehicle registration certificate;
• certificate from the traffic police (information about accidents);
• assessment protocol.

Almost all companies operating in this service sector operate on the same principle. The heir writes a statement (in any form) where he orders the service of revaluing the car for acceptance by inheritance.

The application is usually accompanied by a full set of papers for the inherited car, a passport and a death certificate of the previous owner. Documents can be submitted in person, or by sending copies to the company's address. In both cases, the expert independently sets the date for the inspection.

By the way, in some organizations specialists do not come out to visually inspect the car. In this case, a comparative analysis of prices for similar cars in the region takes place, taking into account the mileage and popularity of the model in the automobile market. Such an assessment is not always objective, but the notary accepts the document because it does not contradict the law.

When a specialist visits the site, the price is determined according to the following criteria:

1. The age of the car.
2. The degree of wear of the body and engine.
3. Tire condition.
4. Average price for similar models, taking into account the loss of commodity value.
5. Visible mechanical damage.
6. Road accident.
7. Equipment installed in the cabin (navigator, radio, upholstery, alarm).

Taking these factors into account, an inspection protocol is drawn up, to which photographs, regulations and legal acts, and a package of documents provided by the heir are attached.

It is worth noting that the inspection report is certified by an expert and the heir, and the latter has the right to leave written comments in the protocol. The certificate is certified by the signature of the head of the expert organization and the seal of the institution. If the customer wishes, he is given several copies of the expert report.

It takes experts 3-4 days to complete the necessary paperwork and conduct an assessment. It is worth noting that experts usually accommodate the heir and conduct a revaluation, guided by the minimum market prices.

The completed protocol is valid for 6 months. If, after the specified period, a person does not assume the rights of an heir (for example, more applicants have appeared who have declared their rights), the procedure is repeated.

The document must indicate the characteristics of the car, attach its photo, the price range on the car market, and an analysis of the entire market. The approaches and methods used by the appraiser are also prescribed. All copies of the documents submitted by the heir are also attached to the document. The paper itself must contain special company seals.

With the appraisal report and the final cost of the car, the heir goes to the notary and, after paying the state fee, receives the right to own the vehicle. After this, you can re-register in your name.

Assessing the value of a car for a notary is not such a complicated procedure, but it requires careful attention. To avoid unpleasant situations, immediately check with the appraisers about what documents and information about the car they will need, how much the appraisal procedure will cost and how long it will take. When evaluating, tell the employee the purpose of evaluating the vehicle and ask to bring the price closer to the minimum.

In the case of an examination to evaluate a car, the customer must pay an amount, the amount of which varies between 1000-1500 rubles.

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The heir is also obliged to pay a state fee for the technical and legal services of a notary for issuing a certificate of title to a vehicle, the amount of which depends on the result of the examination.

If the legal successor is an heir of the first or second stage, then the fee will be 0.3% of the cost of the car, but not more than 100,000 rubles. For other heirs, the law provides for a tax of 0.6% of the price of the car, but not more than 1 million rubles.

For the provision of notary services of a technical and legal nature, the heirs are obliged to pay a notary fee, the amount of which is 2000-3000 rubles per car. Thus, the result of the examination does not in any way affect the size of the notary fee.

The process of re-registration of the car in the name of the heir of the car is carried out only after the notary has issued a certificate of inheritance to the successor.

Let's celebrate! If within 3 years after receiving the inheritance the owner decides to sell this car, then he must pay a tax of 13 percent on the amount that exceeds 250,000 rubles. 17.1, paragraph one of part 217 of article gives legal successors the opportunity not to pay the specified tax if they have owned the car for more than three years.

If we are talking about paying state fees for services provided by a notary, then the amount of this payment will be determined taking into account:

• type of vehicle, that is, whether the vehicle is a bus, car or truck;
• which line of succession the successor belongs to.

Note! The cost of the assessment procedure also depends on the qualifications of the expert and the amount of work to be performed. Thus, the cost of assessing a car is not regulated by law, and each company independently sets prices for the object under study.

What documents do you need to collect to evaluate a car?

It is possible to evaluate a car for inheritance if you have the following documents:

1. technical passport of the vehicle or registration certificate;
2. passport details of the heir (aka the customer);
3. sometimes this issue can be handled by a trusted person - such a person must provide his passport;
4. death certificate of the previous owner.

If all the documents are collected, the experts set a time for this procedure, which is carried out only in the presence of the customer. After all the work has been completed, the documents are handed over to the notary, the state fee is calculated based on the information provided.

When is the assessment carried out?

As noted above, the assessment of inherited property is necessary to calculate the state duty, which is paid when registering a vehicle by the heirs.

You can order it both during the collection of papers necessary for inheritance, and after acceptance of the inheritance. This ambiguity is explained by the fact that the state duty in the form of a percentage of the appraised value is paid only for issuing a certificate of inheritance. But the document itself, in fact, is not mandatory for entering into inheritance rights.

But in the case when a certificate of title to an inherited car needs to be obtained as soon as possible, it should be appraised immediately after the death of the previous owner, since the completed valuation act will need to be submitted to a notary to issue a certificate of inheritance.

Over the years, we have realized that no two situations are alike. Therefore, we approach each request with maximum responsibility. You can order a free consultation, during which an expert will talk about the upcoming procedure and help you choose the optimal format of cooperation based on the specifics of your case.

To evaluate a car, you must prepare the following documents:

• heir's passport;
• copies of car registration and its passport;
• information about mileage, accidents (confirmed by traffic police protocols), replacement of spare parts, regularity of maintenance;
• a copy of the death certificate of the former owner.

The peculiarity of assessing a car for a notary by inheritance is that the report is drawn up retroactively and coincides with the date of death of the testator. If the value is assessed for other purposes (for example, before sale), then the current date is entered in the report.

Where can I get a car appraisal for inheritance?

An important question for citizens is: where to appraise a car for inheritance?

It is possible to contact various appraisal organizations that have the appropriate permits and special judicial institutions. It is important to remember: such companies must be specialists in their field. A professional approach is:

• vehicle inspection by company employees;
• identifying damage;
• skillful preparation of documentation for a notary.

Remember, the main thing is not to fall for scammers or incompetent structures. Such ignoramuses lure people with absolutely inadequate prices for car valuations for inheritance in Moscow and throughout the country. Select for yourself several criteria that a candidate for conducting assessment operations must meet:

• availability of appropriate permits;
• cost of work;
• reviews about the company.

When you study the question of where to appraise a car for inheritance, pay attention to the professionalism of the company.

How is a vehicle assessed for inheritance?

You can evaluate a car for inheritance as follows:

1. collection of documentation package by the legal successor;
2. concluding an agreement with a company for the preparation of examinations;
3. experts go to the place where the car is located;
4. the employee inspects the vehicle and photographs it;
5. subsequently draws up an act based on the inspection and documents submitted by the customer.

There is also a remote form of work based on provided documents, but it is inferior in accuracy to direct inspection of vehicles.

For example, during a personal inspection by a specialist, it is possible to take into account any damage, scratches and, as often happens with old cars, corrosion. It is not so easy to formulate an opinion objectively based on written data.

Deadline for assessing a car for inheritance

How long it will take for an expert assessment of a car for inheritance depends on several factors:

• when a visual inspection of transport by specialists is scheduled;
• characteristics of the vehicle (truck, passenger car, minibus, etc.);
• professionalism of the company that undertakes the work.

In practice, the period of examination can be: several hours, one to three days, if there are objective reasons - a maximum of a week.

The receiver himself is given six months to take legal rights. After the expiration of the specified period, it is possible to obtain a transport license only through the court. All work must coincide with this allotted period; it is possible to extend the period of entry into one’s rights only for good reasons (state of health, lack of information about the will).

Registration of an inherited car

The heirs usually have information about the bequeathed property and open the inheritance within the established period. The law obliges inheritors to declare their rights within 6 months from the date of recognition of the death of the testator.

Heirs often have questions about companies that appraise the value of a car. It should be noted that only those companies or individuals who have received a special permit (license) have the right to carry out an examination of the condition of a car. Before signing an agreement with experts, read their permitting documents.

It’s a good idea to find out on the Internet the opinions of other clients about the work of these individuals. Never get involved with little-known companies, especially if people’s opinions about the quality of their work are quite controversial. Nowadays you can easily fall for scammers. Sometimes the work is completed, but the report made on its results does not meet any requirements.

The actual procedure for assessing the value of a car lasts from several hours to several days. It all depends on the type of car, as well as other circumstances.

An expert assessment is carried out after the contract is signed and the appraiser receives all the documents required by the situation.

Note! In addition to the standard clauses of the contract, there must be information about the purpose of the expert assessment.

Basic documents required during the assessment procedure:

• customer's passport;
• a copy of the vehicle registration certificate;
• information about road accidents (if any occurred);
• information about repair work carried out and replacement of spare parts;
• copy of the technical passport;
• death certificate of the owner of the vehicle;
• copies of papers on car ownership;
• passport and power of attorney of the heir’s representative (if one acts on behalf of the customer).

Typically, experts, trying to create a more realistic report on the condition of the car, inspect it in person. But on the basis of Federal Law No. 135, adopted on July 29, 1998, experts can evaluate an object based on documentary data.

Necessary points that are taken into account when drawing up the report are information about the mileage of the car, its technical characteristics, and the presence of various types of encumbrances.

The expert evaluates the condition of the car as a whole (year of manufacture, make, model, etc.). If any errors are discovered, they will certainly affect the price of the object being examined.

How a car is assessed:

• choosing a company to conduct an expert assessment;
• transfer of documents to the appraiser, transportation of the car to assess its general condition (if necessary);
• directly inspecting the car, drawing up a report recording errors, breakdowns, analyzing the market for cars of this type, calculating the cost, drawing up an inspection report, preparing a report for transmission to the customer;
• payment for services;
• receiving a report and inspection report.

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To re-register a car in the name of the new owner, certain documents will be required. Among them are a certificate of the right to inherit the property, a document on the death of the owner, etc.

Documents submitted to the notary:

• death certificate of the testator;
• documents on the deceased’s ownership of the object of inheritance;
• papers indicating the presence of family ties between the heir and the owner of the property;
• extract from the place of last registration of the deceased.

When the heir has documented his right to inherit the property, he must order an assessment of the value of the car. The verification report is also submitted to the notary.

How much does it cost to inherit under a will?

What is the actual acceptance of an inheritance, read here.

Payment of state duty is also mandatory. A child under 18 years of age may inherit a car. In this case, his parents are involved in registering the inheritance.

The notary is given all the documents necessary for the inheritance procedure and the will, if any. Only after studying the documents, a notary can issue a certificate of the right of inheritance of a particular object.

Among the property of the deceased, which is transferred to the heirs, there may be a car issued to the testator by the state or the administration of a city or district. Whether payment was made for it or whether it was received for free does not matter. The car could also be issued due to disability.

If the heirs do not understand the connection between the assessment of the value of the car and the procedure for its inheritance, the notary is obliged to explain that this assessment is necessary for calculating the amount of the state duty.

As mentioned earlier, the amount of the state duty is influenced by the cost of the car and the degree of relationship between the heir and the testator. Heirs of the first priority must pay a mandatory fee of 0.3% of the value of the property, other heirs contribute 0.6%.

Transfer of assessment documentation and car re-registration process

The report on the expert assessment of the car is submitted to the notary along with other documents:

• documentation that was presented to the appraisers;
• a copy of the expert’s documents indicating the licensing of his activities;
• expert opinion (written);
• car value estimate.

When all the documents have been received and studied, and the state fee has been paid (its amount was mentioned above), the heirs receive a certificate of the right to inherit the car.

At the next stage, you need to visit the traffic police to re-register the car in the name of the new owner.

To do this you need to submit:

• document on the right of inheritance;
• heir's passport;
• documents for the car (technical passport, vehicle technical inspection ticket);
• insurance policy;
• numbers.

By the way, it is not necessary to change car license plates. The car must be transported to a special traffic police parking lot, where specialists will inspect it and draw appropriate conclusions. The inspector also checks all documentation for the car.

The car is re-registered to the new owner after a six-month period. At this time, the heir receives a certificate of right to inheritance, that is, before this period, the car received by inheritance cannot be re-registered.

As soon as the new owner receives all the necessary documents, he has the right to dispose of the car as he pleases.

Notaries, when calculating the state duty that is paid during the procedure of property inheritance, are guided by the Tax Code of the Russian Federation.

The amount of the mandatory fee depends on which line of inheritance the successor belongs to. Relatives who are in the first and second stages contribute an amount equal to 0.3% of the total cost of the inherited car. This assessment is recorded in the vehicle inspection report. It should not exceed 100,000 rubles.

The primary heirs are:

• spouse, parents, children - relatives belonging to the first line of inheritance;
• half-sisters and brothers are second-degree relatives.
• heirs of other orders and those indicated in the will pay an amount equal to 0.6%, but not more than 1 million rubles.

If the property is distributed among the heirs in equal parts, then the state duty is divided between them on the same basis.

When the heir has received a document on the right to inheritance, he can start re-registering the car in his name.

Note!

If the new owner of the car decides to sell it within three years after receiving it by inheritance or as a gift, he will have to pay a tax of 13% on the amount exceeding 250 thousand rubles.

Before carrying out the examination, you should prepare the car:

• Clean from dirt.
• Provide appraisers with access to all parts significant for the study (open doors, trunk, hood).

After this, an agreement for the provision of services is concluded between the applicant and the organization (or individual entrepreneur) and payment is made. Next, within a period determined by the parties, the expert carries out appraisal work, including inspecting the car and determining its current value. And upon completion of the assessment procedure, he draws up an act, which he signs and gives to the customer for signature.

The basis for carrying out an appraisal examination of a vehicle can be an agreement concluded between the customer and the appraiser or an organization providing similar services.

The document includes:

1. The date on which the cost is determined.
2. Service cost.
3. Purpose of the assessment.
4. Car model, year of manufacture and license plates.
5. Assessment method.
6. The name of the self-regulatory organization to which the appraiser belongs.
7. An indication of the standards used in the assessment, whether the specialist has a compulsory insurance agreement.

The purpose of conducting an appraisal of an inherited car is an expert report. It can be made in paper and/or electronic format and must contain the following information:

1. The number assigned to him.
2. Date of preparation.
3. Information about the agreement concluded between the customer and the appraisal organization/appraiser.
4. Full name, address, contact details of the appraiser and an indication of his affiliation with a self-regulatory organization of appraisers.
5. Information about the organization's compliance with legal requirements (in particular about its independence).
6. Purpose of the assessment.
7. Exact vehicle specifications.
8. The method used in the valuation (it can be cost, income or comparative).
9. List of data that influenced the assessment result and sources of its receipt.
10. Step-by-step action plan for carrying out the examination.
11. The amount and purpose of the assessed value.
12. The date on which the examination was carried out.
13. List of documents justifying the assessment result.

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After receiving the certificate of appraised value, the heir can begin to register the rights to the car. To do this, he must present to the notary the established list of official papers:

1. Vehicle passport.
2. Title deed of the former owner.
3. A document indicating the value of the car.
4. A certificate stating that the car is not the subject of collateral.
5. Death certificate of the former owner.
6. An extract from his last place of residence.
7. Certificate of deregistration of the deceased.
8. Identity card of the heir.
9. A document confirming the basis for inheritance of the vehicle (will, birth certificate, marriage certificate, adoption certificate).

The cost of obtaining a car assessment examination

How much it costs to appraise a car for inheritance depends on a number of aspects:

1. Type of car. Truck models are always more expensive than passenger cars.
2. The complexity of the work being carried out. How the work is carried out - directly or remotely.
3. Speed ​​of services. If documentation needs to be produced in the shortest possible time, a number of specialists will be involved, and therefore the price will increase.
4. The region in which the examination is carried out. If in a certain place there is a monopolist for these services, the price will always be inflated, and when there is healthy competition, the market dictates the cost of services.

Remember, if a person received several cars in a will, an assessment is carried out for each one separately (this also applies to trailers).

Car valuation report for inheritance

This documentation includes certain information:

• information about the company involved in the assessment;
• information about the customer;
• characteristics of the vehicle (age, model, mileage, technical features, etc.);
• applicable method of assessment: cost, expense, comparative;
• a detailed description of the car by an expert is attached (if available, photographs are added);
• price of transport;
• list of used literature;
• various copies of documents (certified by the appraiser), etc.

All pages must be numbered and the seal of the operating organization must be affixed.

How to choose an appraiser?

A formal request for service will need to be submitted. After paying the cost of the assessment, a civil passport of the successor receiving the inheritance, as well as documents for the car, are provided. This is a vehicle (vehicle) passport, which contains the basic data: year of manufacture, model, modification, engine size, power, etc.

They also submit a vehicle registration certificate, which indicates the license plate number and other identifying codes. A driver's license is a document that appraisers do not require, since it has nothing to do with a car being inherited. When applying online, please include your name and your contact information for feedback.

It is important that the organization providing appraisal services is a full member of the SRO. Check if there is a corresponding entry about it in the state register. It is necessary that activities are carried out on the basis of permits and certificates. And the specialist responsible for conducting the inspection must undergo training, receive a diploma, certificate or certificate of appropriate education.

They are not needed for assessment, but are necessary to confirm the employee’s qualifications. It is important that there is no criminal record, especially for economic crimes. They also check for positive reviews. Reputation is an indicator of the integrity and responsibility of an enterprise. During the inspection, a fully legitimate report is drawn up, endorsed free of charge and handed over to the customer entering into the inheritance.

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Advantages of contacting our company for car valuation for inheritance

Assessing the value of a car for inheritance is a complex process, and it is necessary to entrust the relevant work to knowledgeable organizations. The Independent Assessment Center is a company that is distinguished by its efficient work and worthy specialists. The work of the center is structured and based on the following fundamental principles:

1. Accurate inspection. In such a serious matter there can be no obvious “hackwork”. Only through a visual and professional inspection of the machine is it possible to identify the slightest defects. Monopolists in the market, in remote regions of the country, sometimes behave “boorishly”, and in order for an expert to travel, you must not only pay from your wallet, but also beg various clerks. This attitude is unacceptable. The concept is simple - quality services at an affordable price. A person will always be happy with a decent attitude towards his legal rights.
2. Objectivity, identification of various damages. Imagine that rotten body elements or wear of the chassis are not taken into account, and this will significantly affect the cost of the state duty. If the customer does not intend to overpay, the appraiser company must draw up objective documentation. The Center for Independent Assessment uses exactly this ideology - conscientious, even pedantic work and maximum results at the “output”.
3. Competent report formatting. If you draw up the document correctly, it is clear, in accordance with all existing legislative requests, it will be twice as easy for the notary, and therefore faster, to issue a certificate of ownership of the vehicle. What is needed is not a superficial approach, but competent work, research of archival documents, etc. The company will provide an extremely detailed and qualified report.

The assessment center has the main fundamental criteria: appropriate permits, offers affordable prices for services, and has good customer reviews. All this is possible thanks to the well-coordinated work of the team. Representatives of the company are not only well versed in the legislation, but also erudites in the knowledge of transport. Choose the best!

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