Questions and Answers
Please state your name for the record.
Presley Aoki v
What is your occupation?
I am the founder and owner of an auto-appraisal business.
What is the name of your business?
Aoki Auto Appraisals
What services does your business provide?
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Can you tell us a little bit about your educational background?
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What is an automotive service technician?
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Why did you decide to become an auto appraiser instead of an auto mechanic?
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Does this document look familiar to you?
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Can you tell the court what it is?
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Can you read the first line in the section titled 'Experience' in your resume?
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What does IACP stand for?
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Did you receive a certificate from this program?
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What did you have to do to get this certificate?
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What score did you receive on the exam?
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What was the minimum to pass?
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Since completing this certification, what else have you accomplished as an auto appraiser?
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How long have you been working in auto appraisal for?
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And how many cars would you say you've appraised?
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Can you read the second bolded line in the section titled Experience?
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What did you do in this role?
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How many cases have you testified in?
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How long have you been a courtroom expert witness?
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What was your most recently appraised car?
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Is that the car in this case?
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How did you get involved in this case?
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How long did you spend evaluating the car before making a decision?
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How did you inspect the car?
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In your expert opinion, where is the best place to look to determine the quality of the interior of the car?
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What is most important about the parts in regards to its market value?
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Would you say that Ash and Oakley's restoration created an authentic interior?
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Can you describe the car's engine?
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How powerful is this V-8 engine?
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How else does the V-8 engine contribute to the car's overall value?
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Was the V-8 engine an original part of the car?
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How do you know?
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What other features of the car's interior contribute to its market value?
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How would you describe the exterior of the car?
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Can you describe the extent of the Camaro's functionality?
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In your expert opinion, what is the market value of Espinosa's Camaro?
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Why do you think that's conservative?
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What other factors led to your conclusion?
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Did you use any outside resources in determining the value of the car?
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Study Notes
Personal Information
- Name: Presley Aoki
- Occupation: Founder and owner of Aoki Auto Appraisals
Business Overview
- Aoki Auto Appraisals specializes in inspecting and evaluating vehicles' market values, particularly for accidents or sales.
Educational Background
- Completed coursework as an automotive service technician at Buckeye University.
- An automotive service technician is another term for an auto mechanic, focusing on vehicle inspection, diagnosis, and repair.
Career Path
- Transitioned to auto appraising due to a stronger aptitude for evaluating vehicles and a passion for classic cars.
Certifications and Experience
- Certified Auto Appraiser through the International Appraiser Certificate Program (IACP).
- Completed 40-hour certification course and passed the IACP Auto Appraiser's exam with a score of 93%.
- Member of the International Association of Auto Appraisers, providing services globally.
- Extensive experience: 24 years in auto appraisal, with several thousand cars appraised, focusing on classic and antique vehicles.
Courtroom Expertise
- Acted as a courtroom expert witness since 2018, testifying in several dozen cases regarding vehicle value disputes.
- Responsibilities include providing impartial evaluations based on inspections and extensive experience.
Recent Case
- Recently appraised a 1967 Chevrolet Camaro SS, which is part of the current case.
- Evaluated the car upon engagement by Ash Espinosa's attorney, spending 38 hours on assessment.
Inspection Process
- Conducted a thorough examination of the Camaro in the State's impound, assessing interior, exterior, functionality, and overall condition.
- Key to determining quality includes inspecting under the hood, where most critical parts are located.
Valuation Factors
- Authenticity of parts is crucial, as variations can lead to significant price differences.
- For classic cars, original parts are preferred; restored versions from the same manufacturer are acceptable.
- Ash and Oakley's restoration used period-authentic materials, ensuring a quality interior.
Engine and Performance
- The Camaro features a powerful V-8 engine with 375 horsepower, a significant value factor.
- Rarity of the model enhances value: only 1,100 1967 Chevy Camaro SS with a V-8 were produced.
Market Value Assessment
- Estimated market value for Espinosa's Camaro: $83,000, deemed conservative given its rarity and quality.
- Factors influencing the valuation included authenticity, pristine condition, and extensive restoration efforts.
Overall Condition
- Exterior: Flawless paint, chrome, and glass; no rust or aging.
- Functionality: Mechanics in nearly flawless condition, complimented by high-quality power disc brakes.
Ethical Standards
- Valuation adhered to the Bureau of Certified Auto Appraiser’s Code of Ethics and Uniform Standards of Professional Appraisal Practice guidelines.
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Description
Explore the essential concepts of auto appraising, focusing on vehicle inspections and evaluations. This quiz covers the career transition from automotive technician to auto appraiser, including relevant certifications and experience in the field. Perfect for aspiring appraisers and automotive professionals!