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| The Pub For General Automotive Related Talk |
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16-05-2012, 12:23 PM
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Formerly XG-Panelvanman
Join Date: Apr 2005
Location: Im in Cranbourne,VIC.
Posts: 476
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as the title suggests im after a way to determine what a cars value actually is.
the old man has a LJ Torana in original condition. 4 door, 3 speed column shift manual ect its currently insured with Shannons for X amount. i believe due to it being "rare" as in good nick, original (it still has original stickers ect), non modified, that its worth a lot more. how do you go about determining how much it is worth? Do shannons come look at it, independent inspection ect.
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My Ride: BA MK2 Wagon, dedicated LPG, white. modifications: cargo barriers, tow bar |
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16-05-2012, 12:37 PM
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FF.Com.Au Hardcore
Join Date: May 2010
Posts: 3,338
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What is the value for. Selling, insurance or just wanting to know.
If it is for sale, look around see what others are for sale and work out a price. If for insurance, speak to the company and see what they can do. |
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16-05-2012, 12:41 PM
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Member 178
Join Date: Dec 2004
Location: Rockhampton
Posts: 1,385
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If we are talking insurance all Shanons required of me was to email them photos to agree on the value.
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16-05-2012, 01:02 PM
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Formerly XG-Panelvanman
Join Date: Apr 2005
Location: Im in Cranbourne,VIC.
Posts: 476
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it is for insurance only. il have a look around at what they are worth...
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My Ride: BA MK2 Wagon, dedicated LPG, white. modifications: cargo barriers, tow bar |
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16-05-2012, 01:08 PM
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#5 | ||
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XA GT
Join Date: Feb 2007
Posts: 2,128
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I also sent my insurance company photos and details of my GT and asked them to look at the ones for sale and to value my car at what I could replace it for. They ended up increasing the value of the car $15k.
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--------------------------------------------------- XA GT, 6.848sec 1/8 mile @ 101.68mph |
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16-05-2012, 01:08 PM
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#6 | ||
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FF.Com.Au Hardcore
Join Date: Jul 2011
Posts: 4,819
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As above. Look around at what other people are asking.
Obviously there are not many LJ's around so perhaps look at cars of equal desirability from other manufacturers. |
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16-05-2012, 01:10 PM
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#7 | ||
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FF.Com.Au Hardcore
Join Date: May 2009
Posts: 795
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8 to maybe as high as 12k for a good nick LJ plain jane and in original condition
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http://i56.tinypic.com/23hlk6p.jpg |
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16-05-2012, 05:07 PM
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FF.Com.Au Hardcore
Join Date: Feb 2010
Location: Sun City, North Australis
Posts: 4,274
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If your dad is with Shannons and the amount is an "agreedvalue" its up to your dad to decide just how much he wants to insure it for.
I dunno about now, but when i got my car with shannons I just said i want to insure it for this amount and that was it. No photos needed...
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You've seen it, you've heard it and your still asking questions?? Don't write off the Goose until you see the box going into the hole.... |
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16-05-2012, 06:17 PM
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#9 | |||
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FF.Com.Au Hardcore
Join Date: Jun 2005
Posts: 3,633
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Quote:
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18-05-2012, 02:36 AM
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#10 | ||
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Brodes
Join Date: Jul 2009
Location: Adelaide SA
Posts: 930
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Shannons have an agreed value limit of $30,000 unless you take it to them to be inspected so they can judge if it's worth more. Or at least that's the deal I was given when I insured the GT through them a few years ago. I'm not sure if that limit applies to certain makes of vehicles or not, probably best just to give 'em a ring to ask.
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FGMkII XR6T, XB GT, XB Fairmont being built (slowly) & a 2013 Kia Rondo,GH Sigma |
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18-05-2012, 07:32 AM
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#11 | ||
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FF.Com.Au Hardcore
Join Date: May 2005
Posts: 3,150
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a few immaculate Torana two and 4 door cars sold lately fron $6000 to $9000 the two doors are worth a few thousand more than 4 doors,market has dropped considerably this last 12 months,
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Hervey Bay QLD Great trades recently- GILMORE BOSSYONBIKE |
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18-05-2012, 11:47 AM
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Long live the Falcon GT
Join Date: Feb 2008
Location: Victoria
Posts: 1,630
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Quote:
PM me if you want more info.
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determing value of older car
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