valuation for insurance, 3.2 in a 1972 |
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valuation for insurance, 3.2 in a 1972 |
worn |
Jun 24 2016, 08:38 AM
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#1
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can't remember Group: Members Posts: 3,156 Joined: 3-June 11 From: Madison, WI Member No.: 13,152 Region Association: Upper MidWest |
I think I asked it before but now it is time to pull the trigger cause the car is coming off jack stands. 3.2 conversion with new floor and firewall panels, no rust for real and down to bare metal. Alu 911S brakes up front, full 911 suspension with 5 lugs. Added the wiper mod for intermittent and electric pump. New paint and glass. rebuilt 901 gearbox with tall 4th and 5th. Steel fuel lines, new brake lines and 19 mm master. Etcetera....
What would it cost me to find another like it? Well, I have my own personal tweaks, but I would accept similar in nice condition. Ball park? Cause that is the goal of the insurance - replacement with something similar. Thanks and please chime in for me. |
Cairo94507 |
Jun 26 2016, 03:39 PM
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#2
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Michael Group: Members Posts: 9,772 Joined: 1-November 08 From: Auburn, CA Member No.: 9,712 Region Association: Northern California |
$40K seems pretty reasonable.
I mean just a freshened 3.2, including the engine cost, is going to be in the $15-18K range if everything is in good shape to being with and you don't get crazy. A decent tub is likely going to be $10K with some rust repair and paint. Then figure $10-15K for all the rest of the little stuff you collect over time to complete a car. That's why when these conversions pop up with a 3.2, 5 lugs Fuchs, some suspension work, brakes, rust repair and paint done for $30-35K that is a steal. I have not decided who is going to cover my Six, but it will be stated value coverage of $125K to begin with. I do not expect that to go down from there. I have already spoken with Haggerty and Grundy and they won't even consider insuring it until it is a rolling chassis with an engine in it. We aren't there yet unfortunately, so that makes me a little nervous. Rest assured, once we hit that point in the build, it will be covered. |
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