Buyers Guide - Classic Car Weekly March 2021

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Buyers Guide - Classic Car Weekly March 2021

Postby Fred Dukes » Wed Mar 17, 2021 10:07 pm

This is an extract from CCW buyers guide published 19th March 21
Do you think they have got it right?

Your comments please
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Re: Buyers Guide - Classic Car Weekly March 2021

Postby Colin » Thu Mar 18, 2021 12:59 pm

As usual, the lack of rare cars for sale or sold in recent years means CCW are still quoting some very outdated values from many years ago.

E.g, If anyone has a concourse Firenza 2300SL for sale for £6500 I will be there with cash immediately! :lol:
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Re: Buyers Guide - Classic Car Weekly March 2021

Postby pbottomley » Thu Mar 18, 2021 7:02 pm

I will sell you a 25% stake in my GT for the concourse price....
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Re: Buyers Guide - Classic Car Weekly March 2021

Postby Colin » Fri Mar 26, 2021 12:23 pm

Perhaps more importantly for owners who have not negotiated agreed value insurance, this is the most your insurer will pay out in the event of total loss - and total loss will be much more likely the lower the car's stated value.
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Re: Buyers Guide - Classic Car Weekly March 2021

Postby 1972nail » Fri Mar 26, 2021 8:16 pm

That's a very good point Colin. I have got agreed value on my two classics. Having never made a claim on on my Classic insurance I hope it will work as I expect in the event of an accident.

As you say, the higher the agreed or perceived value then there is a higher chance the vehicle will be repaired rather than scrapped.
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