We act as expert appraisers and advisors on behalf of collectors, estate executors and attorneys seeking to maximize the value of vintage automotive assets. Knowing what it is worth is just part of the equation; understanding how to obtain its proper value in an efficient manner is often even more important.
Hyman Ltd. acts as consultant to many public and private museums located throughout the world. We assist them acquisition of automobiles for display, and when it is determined that parts of the collection should be liquidated, we act as agent or as principal in the sale of these cars.
In addition, we act as advisors in determining the focus and direction of the collections. Museums are constantly looking for sources of funding and for donations of automobiles. We have been successful in assisting our clients place significant automobiles in museums. As a result the museum has benefited and the donor has realized preferential tax treatment.
Hyman Ltd. can assist you in financing the purchase of your car. We work closely with several experienced companies that specialize in the financing and leasing of collector cars. Companies that specialize in vintage auto financing understand not only the value of the car, but importantly that that it is not a depreciating asset. They tailor their programs to meet the specific needs of the automobile collector.
Hyman Ltd. will arrange to have your classic vehicle safely transported anywhere in the world. We rely only on trusted and reputable transporters who are fully insured and licensed. Your vehicle will be delivered to your door, safe and secure.
What’s more, we have over 25 years of experience shipping automobiles internationally. From our very own facility, we safely and properly load your vehicle in a container, eliminating the need for your vehicle to be shipped to the port only to be handled by dock hands that are often unfamiliar with intricacies of vintage motor cars.
Many companies now offer insurance programs for the auto collector. These companies offer substantial benefits and should be carefully considered as an alternative to using your family insurance agent. Collector car insurers understand that most collector cars are not regularly driven for transportation, are almost always garaged, and are lovingly cared for. They also understand that in case of a claim, a specialty shop is required to carry out repairs.
With this in mind, specialty car insurers offer significant discounts to vintage auto enthusiasts. One of the major advantages offered by some classic auto insurers is referred to as stated value coverage. Put simply, stated value coverage means that in the case of a total loss the insurer will pay you the value of the car that you have been paying premiums on. Some insurers will pay “up to” the value you have been paying premiums on. This is an important distinction and one that should be considered when choosing insurers.
If you need more information about insuring your Hyman purchase, don’t hesitate to ask your Hyman representative.