Quote:
Originally Posted by MYSTERYCHEVELLE
I think it’s easy to get away from the original topic at hand too. Is it possible to have a GUIDE to Pricing for Survivor Cars like Restored cars?
I personally don’t think so as I’ve said, I put no faith in the current guides for restored cars so Survivors would be even more difficult. Less comparable examples to even guess.
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I was just talking with a buddy about this topic and insurance came up. He has several under 1,000 mile survivors, and I have a couple that I'd never restore, although some would argue they should be. What if one of the cars is hit at a show or there's an accident in storage? How do we account for diminished value once there's been paintwork done on a vehicle? I've spoken to Hagerty about this, most recently about a year and a half ago when I had several other survivors. They had no answer for me, other than allowing the shop of my choice to make the repair. But, just having to make a repair could lower the value tens of thousands of dollars (or more!) with some cars. I'd like to see some actuaries start crunching some numbers to offer some other insurance options for survivors.
Anyone have some insight with any companies that are already treating survivors differently?
Jeff Tiedke