Agreed Valuation

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Jack92
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Agreed Valuation

Post by Jack92 »

Hey Guys,

Just renewed the scirocco insurance and got an agreed valuation on it. I went in high and asked for £5000 and they obviously knocked it down and came back with £3750.

What's your thoughts?

Images i sent them are below

ImageImageImageImageImageImageImageImageImageImage
Last edited by Jack92 on Sat Oct 06, 2018 10:45 am, edited 1 time in total.


Jack
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VW Scirocco Scala MK2 1.8 Inj
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Jack92
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Re: Agreed Valuation

Post by Jack92 »

Just wondering if anyone has an idea before accepting it :-)

Thanks


Jack
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Re: Agreed Valuation

Post by the edmundator »

I'd say their figure seems about right, to be honest. Really smart, original, low owner/miles cars might make around £5000 but it's pretty unusual. "Good" mk2s are generally in the £3k-£4k bracket, I'd say.

I have my one-previous owner GTX, which is just fresh from a glass-out respray and full mechanical overhaul, insured for £5k with Footman James.


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Jack92
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Re: Agreed Valuation

Post by Jack92 »

the edmundator wrote:I'd say their figure seems about right, to be honest. Really smart, original, low owner/miles cars might make around £5000 but it's pretty unusual. "Good" mk2s are generally in the £3k-£4k bracket, I'd say.

I have my one-previous owner GTX, which is just fresh from a glass-out respray and full mechanical overhaul, insured for £5k with Footman James.
Good news then :-)

Thanks ed


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Jack
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Jaguar XE

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james butler
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Re: Agreed Valuation

Post by james butler »

i upped the agreed valuation on mine this year, the insurers asked if i would be happy at the value as market value would then be irrelevent in a lost or total loss situation which i think is their way of saying if the market value is higher then the agreed value then tough cookie.
so dont under value it, however that said i think your valuation is a fair one so as long as your happy i would go with it.
like ed says these cars have a realistic ceiling unless your insuring for specific work youve had done that makes the car unique


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