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acme
Imola


Joined: 22 Oct 2007
Posts: 785



PostPosted: Fri May 05, 2017 12:50 pm    Post subject: Agreed valuation - again! Reply with quote

I'm not on here much these days, but given my past experiences I appreciate these threads cause a rolling of the eyes!

It's time to renew the agreed valuation, so what does everyone think? And to be clear I have no intention of selling! Currently on for £45k;

NB manual C2 VR AC (working, cost lots!) 17" Cup 2's
105k
Owned by me for 9 years!
Serviced annually, & on time by OPC's and for the last decade by well known Indies - three inch thick folder of receipts, almost all service bills
Former Paragon car
FSD's, new springs, top mounts & ARB's
RSR's
HID's
Chassis legs inspected, cleaned, treated, repaired
Continental DAB radio
New leads, caps etc
Detailed bodywork & interior - leather is almost immaculate
Sports seats

Cheers for your input!
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1996 C2 Manual Polar Silver

Last edited by acme on Fri May 05, 2017 1:05 pm; edited 1 time in total
 
  
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ChrisT70
Barcelona


Joined: 26 Mar 2015
Posts: 1431
Location: The Sea


PostPosted: Fri May 05, 2017 1:01 pm    Post subject: Reply with quote

£45-50k given the mileage, if its mint and everything tallies. just my opinion obviously.
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Ex 993S now sold
 
  
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badlands
Nürburgring


Joined: 05 Feb 2015
Posts: 442
Location: London


PostPosted: Fri May 05, 2017 1:06 pm    Post subject: Reply with quote

agree with Chris. Closer to £50k, in terms of what funds you would need to buy a replacement car from a dealer if yours was wrecked. fyi have mine set at £45k and it is non vario, non aircon, and 114k miles, pss10s.
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current: 993 carrera coupe, manual, iris blue
ex 964 c4
ex 993 carrera cab
 
  
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dommorton
Zolder


Joined: 16 Mar 2008
Posts: 5041


1998 Porsche 993 Carrera 4S

PostPosted: Fri May 05, 2017 1:06 pm    Post subject: Reply with quote

Movement seems to have been less rampant this last year; I expect a lot of us will end up with close to prior year valuations for insurance purposes.
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Good cars can get you from point A to point B. And great cars? Well, they'll just get you into trouble.

Last edited by dommorton on Fri May 05, 2017 1:08 pm; edited 1 time in total
 
  
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cableguy
Barcelona


Joined: 10 Sep 2007
Posts: 1286
Location: North Yorkshire


PostPosted: Fri May 05, 2017 1:06 pm    Post subject: Reply with quote

Just renewed mine with Classicline and I didn't see the point in agreed value. The classic car market is solid and if the worst did happen it would probably cost more than 45-50k to replace it, providing you could find a good one.

I could see the point if you had a 250GTO, Gullwing Merc etc.

Just my 0.02p's worth. Wink

C.
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acme
Imola


Joined: 22 Oct 2007
Posts: 785



PostPosted: Fri May 05, 2017 1:11 pm    Post subject: Reply with quote

Thanks fellas.

THE most important thing I forgot to mention was that it was Kim's first 993, surely must add quite a bit Question Laughing
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1996 C2 Manual Polar Silver

Last edited by acme on Fri May 05, 2017 1:15 pm; edited 1 time in total
 
  
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dommorton
Zolder


Joined: 16 Mar 2008
Posts: 5041


1998 Porsche 993 Carrera 4S

PostPosted: Fri May 05, 2017 1:14 pm    Post subject: Reply with quote

I see the logic in taking a market value approach, however the quality and pricing of these cars varies too much for me to trust an insurer to do the right thing by me at settlement time. I'd much sooner know what I'm getting and take the downside if the car were to climb above that value in the year.
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Good cars can get you from point A to point B. And great cars? Well, they'll just get you into trouble.
 
  
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acme
Imola


Joined: 22 Oct 2007
Posts: 785



PostPosted: Fri May 05, 2017 2:30 pm    Post subject: Reply with quote

Thanks for the replies fellas, appreciated.

I too see the point re market value, logically it should be easy to prove to an insurance company how much it would cost to replace (though that said it's frankly irreplaceable given the amount of time & money spent on it) but I just don't trust them.

Mine's also with CL, & I know Dom had a successful claim years ago via them.

One thing that I do know is how little they seem to have gone up by as compared to 964's & 3.2's, quite incredible given where the market was when I bought in May '08!
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Zingari
Donnington
Donnington


Joined: 25 Oct 2009
Posts: 11773
Location: Cheshire

1993 Porsche 964 Anniversary

PostPosted: Fri May 05, 2017 3:15 pm    Post subject: Reply with quote

dommorton wrote:
Movement seems to have been less rampant this last year; I expect a lot of us will end up with close to prior year valuations for insurance purposes.


Indeed. Top of the bell curve last year now over the crest Rolling Eyes
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dommorton
Zolder


Joined: 16 Mar 2008
Posts: 5041


1998 Porsche 993 Carrera 4S

PostPosted: Fri May 05, 2017 3:49 pm    Post subject: Reply with quote

Personally I don't see a lot more to be had. But I'd say the good cars are unlikely to go backwards.

Who knows they might? Do I want to sell now? Erm nope.
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badlands
Nürburgring


Joined: 05 Feb 2015
Posts: 442
Location: London


PostPosted: Fri May 05, 2017 3:57 pm    Post subject: Reply with quote

prices seem all over the shop. if i had a write-off tomorrow and had to replace there's two cars currently for sale pretty matching my spec & mileage.....one at £53k (non-specialist dealer) and one at £43k (private) Question bet the £43k one has some hidden secrets....
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ex 964 c4
ex 993 carrera cab
 
  
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Zingari
Donnington
Donnington


Joined: 25 Oct 2009
Posts: 11773
Location: Cheshire

1993 Porsche 964 Anniversary

PostPosted: Fri May 05, 2017 4:36 pm    Post subject: Reply with quote

badlands wrote:
and one at £43k (private) Question bet the £43k one has some hidden secrets....


Hand I dont think it's a secret it's over-priced given it's not POA Bandit
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Me? The 13th Duke of Wybourne? Here? In a sixth form girl's dormitory? At three o'clock in the morning? With my reputation? What were they thinking of?
 
  
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Kimbo
Paul Ricard


Joined: 05 May 2011
Posts: 3448
Location: East Sussex


PostPosted: Fri May 05, 2017 5:16 pm    Post subject: Reply with quote

acme wrote:
Thanks fellas.

THE most important thing I forgot to mention was that it was Kim's first 993, surely must add quite a bit Question Laughing



And I sold it for... Sad Sad Sad
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Rusty Cayman
 
  
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madge
Nürburgring


Joined: 29 Dec 2015
Posts: 424
Location: Hampshire


PostPosted: Fri May 05, 2017 5:49 pm    Post subject: Reply with quote

My car sounds almost like it could be the twin of yours acme and I've just sent my valuation form to Admiral this week. I stated replacement value of £50,000.

My history file already includes a valuation certificate from them at that amount to the previous owner which would have been valid until January 2018 so I am expecting them to agree it. We'll see.
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Current: 993 Carrera Coupé, Manual, Varioram
Previous: 987 Cayman S
 
  
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acme
Imola


Joined: 22 Oct 2007
Posts: 785



PostPosted: Fri May 05, 2017 8:01 pm    Post subject: Reply with quote

Kimbo wrote:
acme wrote:
Thanks fellas.

THE most important thing I forgot to mention was that it was Kim's first 993, surely must add quite a bit Question Laughing



And I sold it for... Sad Sad Sad


Hope you're well Kim.

Incredible to think it was nine years ago!
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1996 C2 Manual Polar Silver
 
  
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acme
Imola


Joined: 22 Oct 2007
Posts: 785



PostPosted: Fri May 05, 2017 8:06 pm    Post subject: Reply with quote

madge wrote:
My car sounds almost like it could be the twin of yours acme and I've just sent my valuation form to Admiral this week. I stated replacement value of £50,000.

My history file already includes a valuation certificate from them at that amount to the previous owner which would have been valid until January 2018 so I am expecting them to agree it. We'll see.


From what I can see in your pic does look the same, mines Polar with midnight.

I'm the 9th owner! And by far the longest one too. I traced the previous owners, almost everyone owned it for two years except the first three; first it was a demo, second owned it for two months (related to the OPC I think), when I asked her she said she could remember the red & yellow one but not the silver one! Third owner wasn't a Porsche guy, preferred Astons, his wife bought it as a birthday present, well she paid £1k deposit, he had to cough the other £55k!
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1996 C2 Manual Polar Silver
 
  
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madge
Nürburgring


Joined: 29 Dec 2015
Posts: 424
Location: Hampshire


PostPosted: Fri May 05, 2017 9:21 pm    Post subject: Reply with quote

acme wrote:
From what I can see in your pic does look the same, mines Polar with midnight.


Not only are our cars virtually like for like but I think that they also have an illustrious aforementioned owner in common!

Small world ain't it! Grin
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Current: 993 Carrera Coupé, Manual, Varioram
Previous: 987 Cayman S
 
  
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acme
Imola


Joined: 22 Oct 2007
Posts: 785



PostPosted: Fri May 05, 2017 9:35 pm    Post subject: Reply with quote

madge wrote:
acme wrote:
From what I can see in your pic does look the same, mines Polar with midnight.


Not only are our cars virtually like for like but I think that they also have an illustrious aforementioned owner in common!

Small world ain't it! Grin


Who, Kim?

You must have his third one then?

I certainly can't complain mines unique, can I!

I assume Kim wins the award for the most 993's owned?!
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1996 C2 Manual Polar Silver
 
  
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wozy
Imola


Joined: 06 Feb 2013
Posts: 785
Location: Worcestershire


PostPosted: Fri May 05, 2017 11:24 pm    Post subject: Reply with quote

Fwiw. Mines agreed insured for £38K , nb c2 , manual , coupe, 3 previous owners, full OPC history , pre vario , 100% complete new suspension, no hidden agendas, with 139k miles under her belt.
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Porsche Cars of Great Britain launched the 993 in the UK in early December 1993 registering 12 x UK cars on the 6th & 7th of that month; mine is one of them.

993 C2. MBM. C4 mounts, RSRs, RS Short shifter. RS steering wheel. FSDs & M033s
Previous 2.7S, 3.2, 964 and 968CS
 
  
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MattyR
Montreal


Joined: 21 Sep 2015
Posts: 500
Location: Somewhere Nr Tunbridge Wells, Kent


PostPosted: Sat May 06, 2017 7:58 am    Post subject: Reply with quote

wozy wrote:
Fwiw. Mines agreed insured for £38K , nb c2 , manual , coupe, 3 previous owners, full OPC history , pre vario , 100% complete new suspension, no hidden agendas, with 139k miles under her belt.


Similar to mine except I've done 154k. Only insured for 28k Surprised Better get that changed then! Zingers will be pleased.
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1994 Aventura Grün C2 993
 
  
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