Hello - new member thinking of buying?............
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  1. #1
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    When insuring these cars it is important to consider "market value"
    With an ordinary type of policy even a minor prang might result in the car being written off, as the "market value " of the car may be a lot less than what you paid for it, or what you may consider your pride and joy to be worth
    With a "classic car" policy you agree the value called "agreed value" with the insurer.
    Thus a low mileage 9 year old 260 in good condition might have an agreed value of £6/7/8 K but the market value might be £2/3 K or less
    Worth thinking about
    Dave

  2. #2
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    Peter Best is coming up as a recommendation time and again, and indeed the RV8 is insured through them. spoke this a.m. and they quoted £218 for a 3k limited mileage...... Quite a bit better than the £1100 quoted by specialist classic insurer Heritage. Adrian Flux were v helpful at £450, and doing the fiat without the NCD at £285.

    Going to see the Mark 1 260 tomoorrow. Will report back on my return.

  3. #3
    The 1st Amtrak MG ;) Stu C's Avatar
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    Yus Adrian Flux can be quite good with their specialist insurance. When ringing about a classic lorry they beat Footman James by couple hundred quid, like anything just need to play the ringing round game lol!
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  4. #4
    #242 V8 on tour colintf's Avatar
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    Quote Originally Posted by Ric View Post
    Peter Best is coming up as a recommendation time and again, and indeed the RV8 is insured through them. spoke this a.m. and they quoted £218 for a 3k limited mileage...... Quite a bit better than the £1100 quoted by specialist classic insurer Heritage. Adrian Flux were v helpful at £450, and doing the fiat without the NCD at £285.

    Going to see the Mark 1 260 tomoorrow. Will report back on my return.
    thats good. P.B. with a 5k limit may not be that much more than the 3k limit.

    Good luck tomorrow
    colintf
    Colin Murrell
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  5. #5
    Administrator Tim's Avatar
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    Takes something really good to beat PB. Good luck for today Ric.


    Quote Originally Posted by Ric View Post
    Peter Best is coming up as a recommendation time and again, and indeed the RV8 is insured through them. spoke this a.m. and they quoted £218 for a 3k limited mileage...... Quite a bit better than the £1100 quoted by specialist classic insurer Heritage. Adrian Flux were v helpful at £450, and doing the fiat without the NCD at £285.

    Going to see the Mark 1 260 tomoorrow. Will report back on my return.
    Tim Hayton

    Some men see things as they are and say why - I dream things that never were and say why not.

  6. #6
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    Well on the way back from Tractorpete's car. A lovely motor. A couple of concerns but only cosmetic. Soon tobe replaced front tyres, brake pipes will need attention, several scratches around the rear end, and interesting evidence of respray, as the front bumper does not exactly colour match the bodywork.
    So it's not a no to this car yet, but were off to see the other one now. 500 miles being clocked up today for these bloody cars - I REALLY hope they're worth it!!!

  7. #7
    Registered User Terry's Avatar
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    They are worth it , I may be biased but I'm not the only one on here who is! Hope you enjoy your viewing of the second car.

  8. #8
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    In response to the comments by Ric
    Firstly the car has not as you infer " evidence of a respray",it has not had a respray,yes it may have had the front plastic bumper painted at some stage as have many of the cars on this site,however there is no evidence that the wings,outer or inner are not original!
    Secondly the front tyres are not soon to be replaced.
    Thirdly the brake pipes do not need attention,i merely stated that the ONLY advisory on the MOT in November was one brake pipe showing " slight corrosion".

    This "potential buyer" remarked only on the few sratches on the car ,didn't look under the car ,didn't look at the excellent service history or anything really relevant in buying a good example of a car! His only inane concern was how shiny and scratch free he expected it to be for an 8 year old car with 56k miles on the clock.

    So in summary, his answer may not yet be a "no" but i can assure him mine is! Buy another example.
    Bad mouthing and criticising my car with fictitious and incorrect statements in the public domain is both unfair and certainly is not going to win you any friends.
    Last edited by Tractorpete; 13-04-2012 at 03:52 PM.

  9. #9
    Registered User Terry's Avatar
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    Quote Originally Posted by Tractorpete View Post
    In response to the comments by Ric
    Firstly the car has not as you infer " evidence of a respray",it has not had a respray,yes it may have had the front plastic bumper painted at some stage as have many of the cars on this site,however there is no evidence that the wings,outer or inner are not original!
    Secondly the front tyres are not soon to be replaced.
    Thirdly the brake pipes do not need attention,i merely stated that the ONLY advisory on the MOT in November was one brake pipe showing " slight corrosion".

    This "potential buyer" remarked only on the few sratches on the car ,didn't look under the car ,didn't look at the excellent service history or anything really relevant in buying a good example of a car! His only inane concern was how shiny and scratch free he expected it to be for an 8 year old car with 56k miles on the clock.

    So in summary, his answer may not yet be a "no" but i can assure him mine is! Buy another example.
    Sounds a bit harsh, he did say it was a lovely motor and he only stated what you have! I wouldn't buy a car solely on service history anyway, big bonus yes, and I also don't blame him for seeing others either, all the same I hope you manage to sell soon.

  10. #10
    Ex-Admin, RIP Herman's Avatar
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    Quote Originally Posted by Ric View Post
    Well on the way back from Tractorpete's car. A lovely motor. A couple of concerns but only cosmetic. Soon tobe replaced front tyres, brake pipes will need attention, several scratches around the rear end, and interesting evidence of respray, as the front bumper does not exactly colour match the bodywork.
    So it's not a no to this car yet, but were off to see the other one now. 500 miles being clocked up today for these bloody cars - I REALLY hope they're worth it!!!
    Quote Originally Posted by Tractorpete View Post
    In response to the comments by Ric
    Firstly the car has not as you infer " evidence of a respray",it has not had a respray,yes it may have had the front plastic bumper painted at some stage as have many of the cars on this site,however there is no evidence that the wings,outer or inner are not original!
    Secondly the front tyres are not soon to be replaced.
    Thirdly the brake pipes do not need attention,i merely stated that the ONLY advisory on the MOT in November was one brake pipe showing " slight corrosion".

    This "potential buyer" remarked only on the few sratches on the car ,didn't look under the car ,didn't look at the excellent service history or anything really relevant in buying a good example of a car! His only inane concern was how shiny and scratch free he expected it to be for an 8 year old car with 56k miles on the clock.

    ............
    Think this is a classic example of a buyer's view vs. a seller's view. Both descriptions state the same with different wording
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