Greg Denk

Credentials Antique Autos Rods & Customs Automobilia

Whenever you need an experienced and well qualified Appraiser to provide a Professional Appraisal for your antique, classic, or street rod consider using Greg Denk. Greg has a unique combination of hobby and employment experiences that serve to give him a well-rounded perspective when appraising any type of vehicle.

Greg started in the car hobby nearly 40 years ago and has been employed at General Motors for nearly 36 years in a variety of production related positions. He is currently a Sr. Quality/Reliability Engineer with GM. Even before joining the International Vehicle Appraisers Network in 2002, Greg was doing appraisals for hobbyists and insurance companies. He has been appraising vehicles since 1994.

Greg has restored/created several vehicles and, as you might expect, his workmanship and attention to detail are superb.

Greg appraises cars, trucks, and motorcycles in the Kansas City area as well as the surrounding areas of Kansas and Missouri.

Our motto is….

“Hobbyists Helping Hobbyists”

Now you can have your antique, classic, or special interest vehicle appraised by a friend…not a stranger!

Vehicles Currently Owned

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1934 Ford Victoria

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1934 Ford Roadster

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1934 Ford Roadster Pickup (phantom)

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1934 Ford 2dr sdn

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1939 Buick Coupe

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1940 Ford Coupe

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1940 Mercury Convertible

bullet2001 Harley-Davidson Heritage Softtail Springer

Club Memberships

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Antique Automobile Club of America (AACA)

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National Street Rod Association (NSRA)

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Goodguys

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The Hupmobile Club

Find out more!  Email him at Denk@i-van.org

 

 Credentials and Qualifications

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Certified Appraiser since 2002 with the International Vehicle Appraisers Network a nationwide association of automotive hobbyists who are also appraisers. Providing Professional Appraisals since 1994.

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Appraisals accepted by insurance companies, banks, courts of law (expert witness, etc), IRS, etc.

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Antique Automobile Club of America (AACA) National Judge. Judge at local and regional antique and street rod car shows.

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Employed by General Motors for 35  years in production related positions. Current working as Sr. Quality/Reliability Engineer.

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Appraisals accepted by major automobile museums such as the Antique Automobile Club of America’s National Museum, etc.

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Appraisals accepted by the IRS for Tax Deductions of vehicles and/or automobile collectibles donated to acceptable charities. Appraiser completes the proper IRS forms.

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Member of the AACA Speakers Bureau. Guest speaker on “Insurance and Appraisals” for car clubs.

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Member of Advisory Panel to NADA Guides. All appropriate I-VAN appraisals are provided to NADA for determining values.

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Member of Antique Automobile Club of America, National Street Rod Association, the Hupmobile Club.

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Our motto at I-VAN is ”Hobbyists Helping Hobbyists”.  Our nationwide association of appraisers is made up of very experienced automotive hobbyists who also are automobile appraisers.  As a group we specialize in appraising antique/classic/collectable vehicles.   All of I-VAN’s Certified Appraisers  guarantee no conflict of interest because we do not: restore, buy/sell, paint, fix, transport, export, or insure, etc any old cars for a living…we are hobbyists first and foremost - we own the types of cars we appraise.

Our motto is….

“Hobbyists Helping Hobbyists”

Now you can have your antique, classic, or special interest vehicle appraised by a friend…not a stranger!

1)   Insurance:  Protect your investment of Time and Money.  There are a great many insurance companies that will cover your collector car with Comprehensive and Collision coverage.  However, many will tell you that your vehicle will be covered for “actual cash value” or “book value” (ie: they decide what your vehicle is “worth” at the time of a claim) unless you provide an appraisal.  The best way to be sure that your car is protected properly is to have a professional appraisal on file with your insurance company and have an endorsement to your policy indicating the type and/or amount of coverage your vehicle has.  Not all companies offer this coverage; however, my appraisals are accepted by all insurance companies that do offer this coverage.  My appraisal will also be of immense help if you’re hit by the driver of some other insurance company or if that driver is uninsured.  Without an appraisal an unqualified person who is unfamiliar with your vehicle may be determining how much you’re going to collect at the time of a loss.  Important: did you know that during restoration in your own garage your vehicle is NOT covered for fire/theft under your homeowners policy? (only your automobile policy protects your car) Protect your investment!

2)   Selling a Collector Vehicle:  An appraisal can be a tremendous help when selling a collector vehicle.  First, it eliminates a lot of haggling or “negotiating” because the vehicle’s market value has been established.  Secondly, offering the vehicle for sale at 5-10% below the appraised value makes a prospective buyer think he’s getting quite a bargain.  Third, a qualified buyer can use the appraisal to get a loan from his bank, and other lending institutions, to assist in buying your vehicle (many financial institutions in Virginia and the surrounding areas will loan up to 80% of my appraised value).

3)   Collateral:  The value of your collector vehicle helps to increase your “net worth”. 

4)   Donation/Gift:  The IRS requires an appraisal for any gift to a charity or eligible museum, etc.  Further, the appraiser must complete and sign the appropriate IRS forms before you can take a tax deduction for your donation.  I have helped many museums and charities receive vehicle donations and helped the donors receive their proper tax deduction with the correct paperwork.

5)   Estate:  Because your collector vehicle has value it is part of your estate.  My appraisal helps prevent your heirs from being “ripped off” when they try to sell your vehicles).  It will also help your heirs determine how to divide your estate fairly.  Larger estates facing estate taxes can protect against overpayment of taxes.

6)   Divorce:  Yes, the “D word”.  Don’t ever let a court or some attorney determine what your vehicle is worth.

7)   Buying a Collector Vehicle:  A pre-purchase appraisal could protect you against overpaying for a vehicle.  It can also make a seller more reasonable in the asking price.  My appraisal establishes the loan value if you’re going to finance part of this purchase.

8)   Claim Settlement:  If you’re arguing with an insurance company over the value of your vehicle after a loss then my appraisal NOW can be a big help.  It’s not as easy to appraise a vehicle after an accident, fire, etc but it can be done if not too much time has gone by.

9)   Fraud:  Did you buy a vehicle “sight unseen” or over the internet and, when you received it, believe that you have been cheated?  My appraisal can help build your case.  Did you buy a vehicle because the owner said “matching numbers” and find out later that it’s not?  Was the vehicle advertised as having never been in an accident and you’ve discovered otherwise.  Did you discover flood damage?

10) Substandard Restoration:   Did you pay for a prize winning restoration only to find out that the only prize you will win is the “booby prize”?  Does the paint come off in the rain?  Is the chrome peeling three months later?  

Back to International Vehicle Appraiser's Network

Back to the top

 

 

Greg Denk is a Certified Appraiser with I-VAN – International Vehicle Appraiser Network.  Our motto at I-VAN is ”Hobbyists Helping Hobbyists”.  Our nationwide association of appraisers is made up of very experienced automotive hobbyists who also are automobile appraisers.  As a group we specialize in appraising antique/classic/collectable vehicles.  Some of our Certified Appraisers (like myself) also do Diminished Value, Fraud, and Lemon Law appraisals.  All of I-VAN’s Certified Appraisers  guarantee no conflict of interest because we do not: restore, buy/sell, paint, fix, transport, export, or insure, etc any old cars for a living…we are hobbyists first and foremost - we own the types of cars we appraise.

Our motto is….

“Hobbyists Helping Hobbyists”

Now you can have your rod or custom appraised by a friend…not a stranger!

1)    Insurance:  Protect your investment of Time and Money.  There are a great many insurance companies that will cover your collector car with Comprehensive and Collision coverage.  However, many will tell you that your vehicle will be covered for “actual cash value” or “book value” (ie: they decide what your vehicle is “worth” at the time of a claim) unless you provide an appraisal.  The best way to be sure that your car is protected properly is to have a professional appraisal on file with your insurance company and have an endorsement to your policy indicating the type and/or amount of coverage your vehicle has.  Not all companies offer this coverage; however, my appraisals are accepted by all insurance companies that do offer this coverage.  My appraisal will also be of immense help if you’re hit by the driver of some other insurance company or if that driver is uninsured.  Without an appraisal an unqualified person who is unfamiliar with your vehicle may be determining how much you’re going to collect at the time of a loss.  Important: did you know that during restoration in your own garage your vehicle is NOT covered for fire/theft under your homeowners policy? (only your automobile policy protects your car) Protect your investment!

2)    Selling a Collector Vehicle:  An appraisal can be a tremendous help when selling a collector vehicle.  First, it eliminates a lot of haggling or “negotiating” because the vehicle’s market value has been established.  Secondly, offering the vehicle for sale at 5-10% below the appraised value makes a prospective buyer think he’s getting quite a bargain.  Third, a qualified buyer can use the appraisal to get a loan from his bank, and other lending institutions, to assist in buying your vehicle (many financial institutions in Virginia and the surrounding areas will loan up to 80% of my appraised value).

3)   Collateral:  The value of your collector vehicle helps to increase your “net worth”. 

4)   Donation/Gift:  The IRS requires an appraisal for any gift to a charity or eligible museum, etc.  Further, the appraiser must complete and sign the appropriate IRS forms before you can take a tax deduction for your donation.  I have helped many museums and charities receive vehicle donations and helped the donors receive their proper tax deduction with the correct paperwork.

5)    Estate:  Because your collector vehicle has value it is part of your estate.  My appraisal helps prevent your heirs from being “ripped off” when they try to sell your vehicles).  It will also help your heirs determine how to divide your estate fairly.  Larger estates facing estate taxes can protect against overpayment of taxes.

6)   Divorce:  Yes, the “D word”.  Don’t ever let a court or some attorney determine what your vehicle is worth.

7)   Buying a Collector Vehicle:  A pre-purchase appraisal could protect you against overpaying for a vehicle.  It can also make a seller more reasonable in the asking price.  My appraisal establishes the loan value if you’re going to finance part of this purchase.

8)   Claim Settlement:  If you’re arguing with an insurance company over the value of your vehicle after a loss then my appraisal NOW can be a big help.  It’s not as easy to appraise a vehicle after an accident, fire, etc but it can be done if not too much time has gone by.

9)   Fraud:  Did you buy a vehicle “sight unseen” or over the internet and, when you received it, believe that you have been cheated?  My appraisal can help build your case.  Did you buy a vehicle because the owner said “matching numbers” and find out later that it’s not?  Was the vehicle advertised as having never been in an accident and you’ve discovered otherwise.  Did you discover flood damage?

10)  Substandard Restoration:   Did you pay for a prize winning restoration only to find out that the only prize you will win is the “booby prize”?  Does the paint come off in the rain?  Is the chrome peeling three months later?

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If you collect Automobilia then you should consider having some or all of it appraised to get the proper insurance coverage (and for many of the other same reasons that you would have your collector vehicle appraised). 

Automobilia may include, but is not limited to: porcelain signs, automobile toys, art, figurines, books and literature, sheet music, mascots, car parts (ex: brass lamps, horns, hub caps, etc), old auto tools, pedal cars, etc.  Mr. Denk’s experience and connections in the hobby can produce the proper appraisal of your automobilia.

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This page was last updated on 02/09/12.