3500GT values | FerrariChat

3500GT values

Discussion in 'Maserati' started by italiafan, Aug 12, 2014.

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  1. italiafan

    italiafan F1 World Champ
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    Jul 19, 2006
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    Stickbones Swagglesmith
    I have poked around on the internet, but not finding much recent.
    I need to up the insurance on my '59 3500GT, and would like to send "comps" to them as to current values/sales.
    Does anyone know of any recent sales I can use as support?
    Seems like some for sale merely state "to call for the price."
    Anything with a link I can email to my insurance company?
    Many thanks.
     
  2. rob lay

    rob lay Administrator
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    Dec 1, 2000
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    I want one!
     
  3. 3500 GT

    3500 GT Formula 3

    Nov 2, 2008
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    Gentleman Racer
    #4 3500 GT, Aug 12, 2014
    Last edited: Aug 12, 2014

    Just a thought and .02 Lira, negotiate an agreed value policy with a better underwriter like CHUBB. They have one of the best ratings in the insurance business. You can insure your car for a value you deem appropriate. I'd put it at $250K to $300K USD.

    Hagerty, IMHO is a joke. Their generated "values" are usually off by 25% to 45%, and their underwriters have one of the worst bad faith claims records in the "business" of insurance.

    Try and find a "number 1" concourse, nut and bolt 100% factory restoration for under $200K USD, as Hagerty "values" the 3500 GT.

    At that price I'll take two please!

    In the near future we will see $500K to $750K USD for a "Number 1" 3500 GT, there are so few in that condition. Not to mention the Vignale Spyder, or original unrestored survivor cars, which there are so few of and they are aggressively sought after by collectors these days.

    http://autoweek.com/article/car-life/1961-maserati-3500-gt-coupe-what-its-worth

    This one sold one year ago, needless to say it would bring more today.


    Ciao and best!
     
  4. italiafan

    italiafan F1 World Champ
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    Jul 19, 2006
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    Thanks guys.
    I too have found the Hagerty price tool to be virtually useless.
     

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