15-03-2013, 05:02 PM | #1 |
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"Agreed Value" valuations
Hi
I'm insuring my CSL on a classic policy & I'm wanting agreed value. Is there any way of getting a valuation from the CSL reg that I can show to my insurers as proof of value ? If not I have to find a specialist to scribble something out |
15-03-2013, 07:24 PM | #2 |
Driving it like I nicked it
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I though a car was only eligible for a 'Classic Policy' after it was 10 years Old?
You'd have to get a valuation from a specialist dealer eg. Munich Legends or NJ. I doubt you'd get one from a BMW Dealership, unless perhaps Elms.
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15-03-2013, 08:33 PM | #3 |
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I had my 2003 turbo on a classic policy , limited mileage
Just insured the CSL with ClassicLine on an agreed mileage which includes the option of agreed value, until agreed running on market value. UK breakdown incl and trackdays incl subject to who organises it & appropriate excess. Personally hate agreed mileage , but for this 1st year of ownaship it won't be a problem. Back to the original subject, they will accept a valuation from an owners club |
15-03-2013, 10:44 PM | #4 | |
Driving it like I nicked it
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Quote:
NJ is however a member of this auspicious organisation, and should be in a position to give you an accurate valuation.
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15-03-2013, 10:53 PM | #5 |
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15-03-2013, 11:01 PM | #6 |
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£450 .. Only tried a couple of other companies so not sure if I could got cheaper ..... Getting insurance quotes is one of my pet hates
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16-03-2013, 01:27 AM | #7 |
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Pace Ward +1 !!
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16-03-2013, 09:11 AM | #8 |
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sounds v.reasonable.
£746 they wanted off me. 5k miles. 9yr NCB. Nottingham. The M3 CS was £866 - 10k miles, mirrored NCB = £1612 in total. Pace Ward - £950 for both cars, on their 'Family Fleet' scheme. Could also knock a further 50% off one (and any additional) of the cars if i was the only driver on the policy! Had to include the missus though |
16-03-2013, 12:38 PM | #9 | |
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Quote:
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16-03-2013, 12:43 PM | #10 |
Driving it like I nicked it
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Given you bought it very recently surely the fair price is documented by the receipt for the car, it won't have jumped up or down in the last few weeks.
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