Agreed value insurance advice
Posted: Wed May 21, 08 1:04 pm
Need a bit of help
My car when purchased was £4000 and some would say that was £5000 too much
Its an Aussie RT charger (base model VH RT) aussie RTs came in base model, Street RT (VH RT E37/E48) and race RT (VH RT E38/E49)
1300 all in, no more no less of which the greater majority were like mine
mine is a 1 of 5 due to its Odd (but not working) Aircon option
now its not a concourse car its probably considerd good condition, no rust. everything apart from aircon works. but inerior is worn.
in the UK its worth £4000 max always will be (its a fat Bananarama! capri with an allegro grill)
hence its currently insured agreed value at £7000 the idea being if i had to spend another £4000 in Oz to get a replacement i still have enough to ship it back to my front door. no issues.
Now my insurance renewal is up
£160 with Fj for £7000 agreed.
however.
if i go and check out my car value on valuation sites similar to autotrader in Australia its now worth according to them quite a bit more.... with the wind in the right direction i could have.... well..... me pick of anything up in the for sale section today.
so if i need to get a valuation done anyone in the UK is just going to say £4000 cos thats what its worth if i stick it in the thames valley trader today.
if i ship it to Oz then things change
now is it my right to value it at what it would cost to replace given that the Aussies have gone bonkers for this car, but its value over here is still really only the same as it was 5 years ago?
do I phone up Tony O and tell him what i think its worth or will i have to take it to him.
Mmm
or do i just go to redbook australia put $25 in their direction and get a certificate.
I've never had a car worth anything more than £4000 and they are only worth what someone will pay....stuck really
i guess what i'm saying is nobody apart for the few who have good taste shows an aussie charger any love in the UK does that mess with my ability to get it valued properly.
Dave
My car when purchased was £4000 and some would say that was £5000 too much
Its an Aussie RT charger (base model VH RT) aussie RTs came in base model, Street RT (VH RT E37/E48) and race RT (VH RT E38/E49)
1300 all in, no more no less of which the greater majority were like mine
mine is a 1 of 5 due to its Odd (but not working) Aircon option
now its not a concourse car its probably considerd good condition, no rust. everything apart from aircon works. but inerior is worn.
in the UK its worth £4000 max always will be (its a fat Bananarama! capri with an allegro grill)
hence its currently insured agreed value at £7000 the idea being if i had to spend another £4000 in Oz to get a replacement i still have enough to ship it back to my front door. no issues.
Now my insurance renewal is up
£160 with Fj for £7000 agreed.
however.
if i go and check out my car value on valuation sites similar to autotrader in Australia its now worth according to them quite a bit more.... with the wind in the right direction i could have.... well..... me pick of anything up in the for sale section today.
so if i need to get a valuation done anyone in the UK is just going to say £4000 cos thats what its worth if i stick it in the thames valley trader today.
if i ship it to Oz then things change
now is it my right to value it at what it would cost to replace given that the Aussies have gone bonkers for this car, but its value over here is still really only the same as it was 5 years ago?
do I phone up Tony O and tell him what i think its worth or will i have to take it to him.
Mmm
or do i just go to redbook australia put $25 in their direction and get a certificate.
I've never had a car worth anything more than £4000 and they are only worth what someone will pay....stuck really
i guess what i'm saying is nobody apart for the few who have good taste shows an aussie charger any love in the UK does that mess with my ability to get it valued properly.
Dave
