摘要 |
A vehicle appraisal system in accordance with the present invention includes a processor, a reference databank of published values for different makes and models of vehicles and an enclosure having diagnostic tools for determining and recording the mechanical condition of the vehicle. The vehicle is positioned within the enclosure and data concerning the interior condition of the vehicle alignment, undercarriage, engine, interior and body are recorded by the diagnostic equipment within the enclosure. The processor accesses the reference databank for a baseline value for the vehicle under consideration. The processor then receives this data collected from inspection of the vehicle and access a plurality of discrete databanks containing repair data to determine the cost of repairing the vehicle. The processor then adjust the baseline value by the repair cost of the vehicle according to a predetermined algorithm to yield an appraisal value for the vehicle.
|