VAUXHALL ASTRA GTE MK1 CAR PERFORMANCE SPORTS TURBO
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insurance valuation help please
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Mark1GTE
wee mark
<font color=#FF8000>wee mark</font>


Joined: 28 May 2005
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Location: Scotland

PostPosted: Tue Jun 14, 2005 9:59 pm    Post subject: insurance valuation help please Reply with quote

right as everyone already knows i own a very special gte with a pedigree as long as your arm.my problem now is what sort of value do i try to aggree for it with an insurance company and who would be best to contact for quotes,advice etc.please don`t take into consideration what i paid for it as this was just a token gesture aggreed between myself and the owner.but do take into consideration what a loss to the history of the gte world lol if it was nicked or burnt out god forbid.i`m totally at a loss as to a figure so please suggest some and add your reasoning for it so that i can discuss this with an insurance company so that i can state reasons why i want an aggreed value for insurance purposes as this car can`t be replaced it`s a one off.these figures are for current condition that i can aggree with them to re assess after the restoration back to works spec.
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artful_bodger
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Joined: 03 Jun 2005
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Location: Leigh, Lancs

PostPosted: Tue Jun 14, 2005 10:16 pm    Post subject: Reply with quote

im no authority - i'd get them to agree ta at least £2k for now just for now. p.s i was an ebay watcher on it - went ape when it disappeared smile

Last edited by artful_bodger on Tue Jun 14, 2005 10:27 pm; edited 1 time in total
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Astra Legend
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Joined: 30 May 2005
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PostPosted: Tue Jun 14, 2005 10:19 pm    Post subject: Reply with quote

At the moment we're talking £2000-£3000 Mark because it's a rally GTE, regardless of history and you'd need at least that much to rebuild it should anything happen (with the help of a helpful Vauxhall dealership)

This may seem like not alot, but once the car is returned to it's original show condition etc then you can at least double it for sure.

Hell, you're going for £6000 minimum once the car is finished so it's probably best to not go too low
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Nrj
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Joined: 29 May 2005
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Location: Waterlooville, Hampshire.

PostPosted: Tue Jun 14, 2005 10:25 pm    Post subject: Reply with quote

Once finished AND shown i would get agreed valueation for around £10k minimum.

Ask vxl heritage what they insure there's for.

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Jason
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Joined: 29 May 2005
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PostPosted: Tue Jun 14, 2005 11:20 pm    Post subject: Reply with quote

Nrj wrote:
Ask vxl heritage what they insure there's for.


That's the route I'd go.

You have a very special vehicle there, I'd say off the cuff that you'd be looking to cover yourself for circa £6-7k
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hot-hatch
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Joined: 29 May 2005
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Location: norwich

PostPosted: Tue Jun 14, 2005 11:26 pm    Post subject: Reply with quote

you will never get that kind off money back if it got nicked or what ever so i would vale u it for more that
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Mark1GTE
wee mark
<font color=#FF8000>wee mark</font>


Joined: 28 May 2005
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Location: Scotland

PostPosted: Tue Jun 14, 2005 11:30 pm    Post subject: Reply with quote

this is different i think m8 when you get an aggreed valuation on paper rather than book price but you have to aggree it first which involves photos and proof of history etc hence why i need to get it right so to speak.
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Mark1GTE
wee mark
<font color=#FF8000>wee mark</font>


Joined: 28 May 2005
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Location: Scotland

PostPosted: Wed Jun 15, 2005 7:11 pm    Post subject: Reply with quote

first qoute recieved from adrian flux

fully comp
3000 miles a year ( as if i`ll trailer the bugger lol )
gauranteed value just now of £5000.00 with them re assessing this after restoration

price £287.00

tried hic but went on hold for 30 mins and i gave up i`ll try again tommorow.

any more suggestions of companies to try and contact details please.
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Astra Legend
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PostPosted: Wed Jun 15, 2005 9:40 pm    Post subject: Reply with quote

Make sure you get salvage retention mate, absolutely vital in my eyes.

£5000 sounds fair enough and the price is great, but try Footman James who specialise in classics.

Best idea I've heard so far is to talk to Vauxhall heritage, you never know as they may value it and also have some info about it
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Mark1GTE
wee mark
<font color=#FF8000>wee mark</font>


Joined: 28 May 2005
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PostPosted: Wed Jun 15, 2005 9:54 pm    Post subject: Reply with quote

cheers m8 as for vauxhall heritage they are a feckin nightmare no one EVER answers your posts it`s a graveyard m8 and i`m beginning to think a waste of time.
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Nrj
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Location: Waterlooville, Hampshire.

PostPosted: Wed Jun 15, 2005 10:30 pm    Post subject: Reply with quote

V33TRA wrote:
cheers m8 as for vauxhall heritage they are a feckin nightmare no one EVER answers your posts it`s a graveyard m8 and i`m beginning to think a waste of time.


tip, only ever phone them [wink]

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Astra Legend
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PostPosted: Thu Jun 16, 2005 1:36 am    Post subject: Reply with quote

Yeah, think they have a phobia about technology, you know what these classic car enthusiasts, if it's younger than their car they aint interested laughing laughing

Ah well, Billing is coming up and they'll be there in some form I guess.

You could always use Competition Car Insurance seeing as it's a rally car (and currently has their stickers on), or Sureterm who seem to be trying hard
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Mark1GTE
wee mark
<font color=#FF8000>wee mark</font>


Joined: 28 May 2005
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Location: Scotland

PostPosted: Thu Jun 16, 2005 2:42 am    Post subject: Reply with quote

i have two years bonus with competition car insurance but they require a valid rac log book which i can`t get due to my retro cage lol.but i`ll try as i`m an old customer of there`s you just never know.
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Mark1GTE
wee mark
<font color=#FF8000>wee mark</font>


Joined: 28 May 2005
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Location: Scotland

PostPosted: Thu Jun 16, 2005 11:39 am    Post subject: Reply with quote

hic qoute again gauranteed value of £5000.00 with salvage retention and them reassessiong this after restoration

fully comp £282.85

getting slightly better Very Happy
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Mark1GTE
wee mark
<font color=#FF8000>wee mark</font>


Joined: 28 May 2005
Posts: 4402
Location: Scotland

PostPosted: Thu Jun 16, 2005 7:50 pm    Post subject: Reply with quote

result

footman james gauranteed again £5000.00 with review after restoration fully comp and breakdown cover with salvage retention.wait for it lol

£122.25 that is a great price if i don`t say so myself. big grin
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