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Old 11-02-2003, 12:33 PM
vrsmith vrsmith is offline
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Join Date: Feb 2001
Location: BC, Canada
Posts: 378
I believe that the determination of the car's value
is relevant to this issue. Have you received an
independant appraisal? I haven't myself, but I
am going to. If you have purchased your SL for $4K,
then you really should get the car valued
properly. I would imagine that some insurance
companies might use your purchase price as the
true value and pay up to that amount.
In my case, I paid $15K and thought that I got
a great deal. I need to back up my thought with
proof. Right now, I can 'prove' that my car is
worth $15K and you can 'prove' $4K. We both
need a file of photos of our cars and comparable
cars along with the values of the other cars.
As someone said, these cars are worth what people
will pay for them. I believe that they are worth
what people believe them to be worth. We have to
have evidence or the insurance companies will
believe what they want. We don't want that!
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1967 250SL
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