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
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.
I think that should be more like a 30% premium, not 30k premium. No way a fair condition 6 speed is worth $75k.
$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"
Hagerty is a joke but these valuations allowed me to get very high agreed value policies from another carrier
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.
</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.
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
I agree and I'm more comfortable with $130K agreed than what many use for values, NADA Image Unavailable, Please Login
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! Image Unavailable, Please Login
Hmmmm. God you guys have it easy. I don't know what you're constantly whining about. Check out original MSRP for us. Image Unavailable, Please Login
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.
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
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.
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.
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