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Originally Posted by High Life
Tim - You have a very nice ride - Well done!
I have a 81 SC that I purchased for 32K a year ago. It is no where near as nice as yours. I insured mine for 40K (agreed value - limited use through State Farm) with no issues. Haggarty valuation puts me currently at 36K for a "GOOD" condition and I would say from your pics you would be much higher than "GOOD" and closer to "Excellent" - which puts you in the 50K + category..
Our valuation criteria are almost identical (in Haggarty) and if you use my situation as a baseline - you easily have a car valued 10K more than mine..
Heck - give it a year and you'll be up to 55K..
On a side note - I dropped the agreed upon value and moved to regular insurance because I use mine a lot more than the mileage allotted. If I get into an accident - I will use the current Prices to argue for value.
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Good luck with that! Without an agreed value, what are they basing your cars value at? Is there a value on your policy, and if so, what is it? Just understand whatever they have as the “value”, you will not get more in the event of a total loss. For example, you have $35,000 as a value, but at the time of loss your car is worth $45,000. You will not, and are not legally entitled to on penny over $35,000. Just an FYI.
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