Postgraduate DiplomaRestoration & Classics Applications open

Postgraduate Diploma in Valuation Methods and Comparables

Online 800-hour Postgraduate Diploma in Valuation Methods and Comparables. 8 modules covering International Valuation Standards (IVS, IVSC), RICS Valuation – Global Standards (Red Book) and advanced Excel. Dedicated tutor and enrolment open.

Duration800 h
ModeOnline
AwardSEIUM Institute diploma
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Learning outcomes

What you will be able to do

01

Analyse the price sources of the classic vehicle market.

02

Classify vehicle condition according to recognised grading scales.

03

Apply the comparables method with justified adjustments.

04

Use alternative valuation methods when comparables are lacking.

05

Incorporate authenticity and provenance into value.

06

Write valuation reports that comply with professional standards.

07

Apply valuation to insurance, inheritance, litigation and sales.

Profile

Who it's for

  • Classic vehicle appraiser who wants to specialise in Valuation Methods and Comparables.
  • Insurance assessor who wants to specialise in Valuation Methods and Comparables.
  • Auction valuation specialist who wants to specialise in Valuation Methods and Comparables.
  • Collection wealth adviser who wants to specialise in Valuation Methods and Comparables.
  • Forensic valuer who wants to specialise in Valuation Methods and Comparables.
  • Specialist dealer who wants to specialise in Valuation Methods and Comparables.
  • Engineering or science graduates seeking to join specialist insurers.
Standards & tools

What you'll work with

  • International Valuation Standards (IVS, IVSC)
  • RICS Valuation – Global Standards (Red Book)
  • Ley 1/2000 de Enjuiciamiento Civil (expert evidence)
  • Royal Decree 892/2013 (Historic Vehicles Regulation)
  • FIVA Technical Code
  • Law 10/2010 (prevention of money laundering)
Syllabus

8 modules · 800 h

  1. 1.1Market structure: auctions, dealers and private sellers
  2. 1.2Price cycles and macroeconomic factors
  3. 1.3Segments: pre-war, post-war and youngtimers
  4. 1.4Market indices such as HAGI and Hagerty
  5. 1.5Liquidity and time to sell by segment
  6. 1.6Influence of provenance and history
  7. 1.7Generational collecting and demand
  8. 1.8Transaction data sources
  9. 1.9Biases in published prices
  10. 1.10Workshop: trend analysis of a specific model
  1. 2.1Condition scales: concours, excellent, good and fair
  2. 2.2Originality, restoration and preservation
  3. 2.3Numbers matching: engine, chassis and gearbox
  4. 2.4FIVA historic vehicle criteria
  5. 2.5Bodywork and corrosion assessment
  6. 2.6Mechanical and operational assessment
  7. 2.7Interiors, upholstery and trim
  8. 2.8Documentation and service book
  9. 2.9Hidden defects and their impact on value
  10. 2.10Practical: inspection sheet for a 1960s sports car
  1. 3.1Selecting valid comparables
  2. 3.2Standardisation by condition and mileage
  3. 3.3Adjustments for specification and options
  4. 3.4Adjustments for transaction date
  5. 3.5Auction sales versus private sales
  6. 3.6Treatment of buyer's premiums
  7. 3.7Value range and most probable value
  8. 3.8Scarce comparables for rare models
  9. 3.9Common errors in selection
  10. 3.10Case study: valuation of a British convertible
  1. 4.1Replacement and restoration cost
  2. 4.2Income method for rental and events
  3. 4.3Insurance value versus market value
  4. 4.4Liquidation and forced sale value
  5. 4.5Hedonic regression models
  6. 4.6Machine learning applied to pricing
  7. 4.7Valuation of unrestored projects
  8. 4.8Valuation of spare parts and NOS parts
  9. 4.9Reconciliation of methods
  10. 4.10Workshop: hedonic model using auction data
  1. 5.1Verification of chassis and engine numbers
  2. 5.2Factory certificates and marque records
  3. 5.3Competition history and its proof
  4. 5.4Replicas, recreations and continuations
  5. 5.5Detection of document forgery
  6. 5.6Chain of ownership and titles
  7. 5.7Imported vehicles and homologation
  8. 5.8Impact of provenance on value
  9. 5.9Independent authenticity assessments
  10. 5.10Case study: provenance of a racing car
  1. 6.1Structure of a professional report
  2. 6.2International Valuation Standards from the IVSC
  3. 6.3Assumptions and limiting conditions
  4. 6.4Photographic and technical documentation
  5. 6.5Declaration of independence and conflicts
  6. 6.6Professional liability of the valuer
  7. 6.7Valuation in inheritance and divorce
  8. 6.8Valuation for taxation and donations
  9. 6.9Communicating the value to the client
  10. 6.10Practical: drafting a complete report
  1. 7.1Agreed value insurance
  2. 7.2Loan guarantees and financing
  3. 7.3Due diligence in sales
  4. 7.4Disputes and expert witness work
  5. 7.5Investment and collection management
  6. 7.6Taxation of gains on classic vehicles
  7. 7.7Alternative investment vehicles
  8. 7.8Ethics and professional conduct of the valuer
  9. 7.9Online auctions and new platforms
  10. 7.10Case study: valuation for a legal dispute
  1. 8.1Vehicle selection and purpose
  2. 8.2Inspection and documentation
  3. 8.3Provenance research
  4. 8.4Search and standardisation of comparables
  5. 8.5Application of alternative methods
  6. 8.6Reconciliation and final value
  7. 8.7Report writing
  8. 8.8Sensitivity analysis
  9. 8.9Dissertation and presentation
  10. 8.10Final review with the tutor
Methodology, software & labs

How you'll learn

100% online training on the SEIUM campus, with downloadable material, recorded classes and a dedicated technical tutor. There are no fixed timetables: students progress at their own pace within the intake, which makes it possible to combine study with work.

Each module combines theory, guided reading of the original standard and applied exercises. The working software is advanced Excel, R, Minitab, Hagerty Valuation Tools, in free, academic or evaluation versions. Practicals are based on real procedures: comparable-based valuations using auction results, inspection and classification of vehicle condition, and drafting of expert valuation reports. Assessment is continuous, module by module, plus a final integrating project.

Accreditable laboratories(EN ISO/IEC 17025) with rotor test rig, EMC/Lightning pre-compliance, HIL/SIL, vibration/acoustics.
Evidence-focused thesis:safety case, test plan, compliance dossier and operational limits.
Industry mentoring:lecturers with a track record in training, , eVTOL/UAM and flight test.
Flexible format(hybrid/online), international cohorts and support from SEIUM Career Services.
Ethics and safety:a safety-by-design approach, with OT cyber security, DIH and compliance as its pillars.
Capstone project

Build it end to end

Your final project follows the real engineering workflow, step by step, reviewed by your tutor.

Vehicle selection and purpose

Analyse the price sources of the classic vehicle market.

Inspection and documentation

Classify vehicle condition according to recognised grading scales.

Provenance research

Apply the comparables method with justified adjustments.

Search and standardisation of comparables

Use alternative valuation methods when comparables are lacking.

Application of alternative methods

Incorporate authenticity and provenance into value.

Career opportunities

Where this takes you

Classic vehicle appraiserInsurance assessorAuction valuation specialistCollection wealth adviserForensic valuerSpecialist dealer
Admissions & scholarships

Requirements

  • Prior technical training or professional experience in the sector. A university degree is not required.
  • Internet connection and a computer capable of running the programme's software.
  • Sufficient Spanish to follow technical regulatory reading.

Ready to start?

Send your application today. Our admissions team replies within 72 hours with your study plan and funding options.

FAQ

Frequently asked questions

The programme totals 800 hours, spread over 6 to 8 months. That is an average of 10 to 15 hours per week, compatible with a full-time job.

You will work with advanced Excel, R, Minitab and Hagerty Valuation Tools. Free, academic or evaluation versions are used, and the tutor indicates the free alternative where one exists.

A SEIUM own diploma upon passing the continuous assessment and the integrating project. It is in-house training, not an official qualification from the Ministry.

Yes. Modules passed in a course or postgraduate diploma in the same area can be credited towards the advanced programme. Check the recognition policy when you enrol.

Postgraduate Diploma in Valuation Methods and ComparablesEnrol
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