Has anyone else had a play on this?
A bewildering amount of models and it has to be said a marked difference in values.
If you thought that values were clear cut, as in pre A worth more than A and A worth more than B then look again.
It seems like it's all down to model.......
But where oh where have they got those top values from? I can't see there being that many that good?
Surely most are what they call condition 4 cars, smart and useable???
And why is a T5 worth so much less than a T6? Thought a B was a B??
And what about LHD or RHD???
It seems flawed!
Hagerty Valuation Tool.
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simon james
- DDK slapper chatter
- Posts: 433
- Joined: Mon May 07, 2012 5:05 pm
- Location: On t’ Moor Baht ‘at.
Hagerty Valuation Tool.
It doesn't matter if you speak your mind, because those that matter don't mind and those that mind don't matter.......!
Lusting after a 30/98, will settle for a 23/60.
Lusting after a 30/98, will settle for a 23/60.
Re: Hagerty Valuation Tool.
Have you compared the UK valuation tool against the US version ? Even more variation......It seems flawed!
Chris
Porsche - Diesel, the next most affordable Classic
Re: Hagerty Valuation Tool.
When I did my insurance valuation, they were very low compared to asking prices on evil bay. I pointed them in that direction and they increased the cars value but not to the super high values, just slightly above the replica coupe.
My car has had a new interior so A1, all new running gear including gear box so A1.
Engine rebuild with low usage so A1.
The body is solid but requires some more work which is happening this year so I put it down as A2.
Electrics are original but some of it has been cut and messed with which I am working my way through and it all works so A2.
Yet still valued only just above a replica coupe?
Well after the body and paint are done we are talking A1 body. Its RHD with lots of rear desirable race parts on it. Modified then? No its factory race parts. It appeared at one point my valuation was lower than the market value. Stupid insurance company. They have been real good though. The screen was chipped and they fitted a new one from KK eventually. I am concerned about what would happen if the worst would happen.
My car has had a new interior so A1, all new running gear including gear box so A1.
Engine rebuild with low usage so A1.
The body is solid but requires some more work which is happening this year so I put it down as A2.
Electrics are original but some of it has been cut and messed with which I am working my way through and it all works so A2.
Yet still valued only just above a replica coupe?
Well after the body and paint are done we are talking A1 body. Its RHD with lots of rear desirable race parts on it. Modified then? No its factory race parts. It appeared at one point my valuation was lower than the market value. Stupid insurance company. They have been real good though. The screen was chipped and they fitted a new one from KK eventually. I am concerned about what would happen if the worst would happen.
Avoiding local so-called self proclaimed specialists.
Re: Hagerty Valuation Tool.
Insurance values are a tricky one. Tools like this and asking prices only act as a guide.
The only way to get an accurate value of your own car at a point in time is to sell it, but then you won't need insurance!
While you don't want to be under-insured in a total loss situation equally you don't want to be over-insured. Each time my valuation has increased my insurance premium has increased too.
A friend of a friend is a classic car insurance broker and the claims experience for classic car insurance is very low compared to normal motor insurance, so it's a profitable product.
I've found Fred Hampton at PCGB has given good advice re insurance valuations.
The only way to get an accurate value of your own car at a point in time is to sell it, but then you won't need insurance!
While you don't want to be under-insured in a total loss situation equally you don't want to be over-insured. Each time my valuation has increased my insurance premium has increased too.
A friend of a friend is a classic car insurance broker and the claims experience for classic car insurance is very low compared to normal motor insurance, so it's a profitable product.
I've found Fred Hampton at PCGB has given good advice re insurance valuations.
maverick
noun
1. an unorthodox or independent-minded person.
2. an unbranded calf or yearling.
Origin mid 19th century: from the name of Samuel A. Maverick (1803–70), a Texas rancher who did not brand his cattle.
noun
1. an unorthodox or independent-minded person.
2. an unbranded calf or yearling.
Origin mid 19th century: from the name of Samuel A. Maverick (1803–70), a Texas rancher who did not brand his cattle.