Hagerty Jan 2017 355 values | FerrariChat

Hagerty Jan 2017 355 values

Discussion in '348/355' started by johnk..., Jan 19, 2017.

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  1. johnk...

    johnk... F1 World Champ
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    Jun 11, 2004
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    John Kreskovsky
    Since I know you all love, respect, and believe Hagerty evaluations I though I would post the January 2017 values.

    Fair $45,800

    Good $58,400

    Excellent $68,900

    Concours $90,100

    These are for F1 car. Add a premium of $30,000 for manual.

    No changes since May 2016
     
  2. WATSON

    WATSON Two Time F1 World Champ
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    #2 WATSON, Jan 19, 2017
    Last edited: Jan 19, 2017
    They keep sticking that $20k - $30k for a manual premium on, I am going to convert mine to a 6 speed and sell it and go buy another F1 project car for $45,800.
     
  3. bobzdar

    bobzdar F1 Veteran

    Sep 22, 2008
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    I think that should be more like a 30% premium, not 30k premium. No way a fair condition 6 speed is worth $75k.
     
  4. Enzojr

    Enzojr F1 World Champ

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    #4 Enzojr, Jan 19, 2017
    Last edited: Jan 19, 2017
    $30 K more for a manual ;)
    I will be using "their" numbers when I sell mine.
    Convincing the "new" buyer this is legit might prove difficult.
    The MT on a 430 seems to really jack the price up so time will tell.

    I checked Haggertys and they don't even have 430 listed ???
    What's up with that, or am I even more blind than I know I am.
    Guess the 430 is to "new"
     
  5. WATSON

    WATSON Two Time F1 World Champ
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    I questioned it last time when it was set at $20k. It's $ not %. Crazy.
     
  6. Steve355F1

    Steve355F1 F1 World Champ
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    How many speeds does your F1 have?
     
  7. WATSON

    WATSON Two Time F1 World Champ
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    One :)
     
  8. Steve355F1

    Steve355F1 F1 World Champ
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    Lol. :)
     
  9. Dave rocks

    Dave rocks F1 World Champ
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    Hagerty is a joke but these valuations allowed me to get very high agreed value policies from another carrier :)
     
  10. johnk...

    johnk... F1 World Champ
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    Jun 11, 2004
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    By the way, those are Spider values in post #1. B's have come down a little from last summer's high:

    Fair: $46,700

    Good: $58.200

    Excellent: $68,000

    Concours: $85,000.

    And, again, add $30,000 for a manual.

    And the GTS seems to have dropped behind:

    Fair: $42,900

    Good: $55,600

    Excellent: $63,500

    Concours: $82,100

    add $30,000 for a manual.
     
  11. johnk...

    johnk... F1 World Champ
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    </script>e="width:100%; height:250px" tabindex="1">
    A) You are only saying that because you own an F1, GTS at that. :)

    B) With high values listed by Hagerty you don't need an agreed value policy.

    Like I posted a while back, a recent wreck of a cars that is the twin of mine was assigned an ACV of $101k by Liberty Mutual.
     
  12. Dave rocks

    Dave rocks F1 World Champ
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    John - I have $130K agreed value on my....hmmm..... F1 GTS :)

    I'm happy and glad to have an agreed value policy - much better than rolling the dice and it's costing me a few dollars more than my prior policy ;)
     
  13. johnk...

    johnk... F1 World Champ
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    We all do what we feel comfortable with. But it's a far cry from rolling the dice to go with ACV.
     
  14. desmomini

    desmomini F1 Rookie
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    Nov 18, 2003
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    When I sell my 348 one day, I'll try adding $30k to the price. "Hey, it's a manual!"
     
  15. johnk...

    johnk... F1 World Champ
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    So, $30,001? ;)
     
  16. Dave rocks

    Dave rocks F1 World Champ
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    #16 Dave rocks, Jan 19, 2017
    Last edited by a moderator: Sep 7, 2017
    I agree and I'm more comfortable with $130K agreed than what many use for values, NADA :)
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  17. desmomini

    desmomini F1 Rookie
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    #17 desmomini, Jan 19, 2017
    Last edited by a moderator: Sep 7, 2017
    Maybe...I'm waiting to see if this one falls $129,999 below its estimate this weekend, as its specs match mine.

    It is "no reserve", so you never know!
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  18. Steve355F1

    Steve355F1 F1 World Champ
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    #18 Steve355F1, Jan 19, 2017
    Last edited by a moderator: Sep 7, 2017
    Hmmmm. God you guys have it easy. I don't know what you're constantly whining about.

    Check out original MSRP for us.
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  19. Dave rocks

    Dave rocks F1 World Champ
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    What am I whining about? I'm not whining in the least - I've got a nice agreed value policy :)
     
  20. johnk...

    johnk... F1 World Champ
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    Actually, 348 seem to be doing well these days.
     
  21. johnk...

    johnk... F1 World Champ
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    But Dave, that's where you are wrong. Insurance co's don't go by NADA. I live in the Hartford area. I know numerous people in the insurance business. I have discussed how evaluations work. I have discussed it here before.
     
  22. Dave rocks

    Dave rocks F1 World Champ
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    John, give Geico a call and let me know what they tell you - you are bored and retired so I'll delegate that to you :)

    What I know is, my car gets totaled I get $130K no questions asked :)
     
  23. Enzojr

    Enzojr F1 World Champ

    Dec 12, 2013
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    I might put one of those famous ...... I was "thinking" of selling my car right here on F chat ;)
    With only $20 K over what it is worth because it is a 3 pedal, and see what kind of "offers" I get.
     
  24. johnk...

    johnk... F1 World Champ
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    And I know I'll get ACV which, by any standard, is more than what I paid for the car 4 years ago. Maybe I'd get 70k, maybe 80k, maybe more. That's why I keep documents of payouts for other similar cars. Either way, I'm good. And based on the quotes I got for 80k agreed value, I've already save about 4k in premiums.

    I think it's like an auction. You can pay all the fees to get it listed and pay more for a reserve listing. With a reserve you may not sell and you loose all the fees and shipping to and from the auction. With no reserve, you know you're going home with money, not the car. I'm driving no reserve. Doesn't matter. The cars already paid for itself in enjoyment.
     
  25. Dave rocks

    Dave rocks F1 World Champ
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    John, I don't recall the exact figures and don't feel like looking them up but my agreed value policy of $130K is costing me like $100 more per year than what I had prior so it was an easy decision. ;)

    I'm extremely attached to my car and if it gets wrecked, I'd have a very hard time replacing it so having extra cash sure would help :)
     

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