Six conversion value for insurance? Options

[Mark Henry]

Just wondering what value we should be putting on /6 conversions these days? (IMG:style_emoticons/default/unsure.gif)

My teen, if it was still a /4, I wouldn't even consider an offer under $25K Canadian, so about $18-19K USD. Not that I want to sell.

/6 core prices are way way up, and so are running engines, What about a fresh performance build?. I used to tell customers a conversion would run $30K (CAD) with engine. but I seriously doubt I could do that now.

My teen is a '74 (1.8 base) paint is (guessing) a 30 yr/old respray colour change, a 7/10 from chips and scratches only, but perfect OG body, perfect interior, Evil tranny, 5-bolt, fuchs , bilsteins, front suspension, etc
Engine 3.0, 2K miles, twinplug/MSD, webers, custom mahle pistons, web cams, fresh build, alumimum tank, etc

No clue what the replacement value for insurance would be..... (IMG:style_emoticons/default/confused24.gif)
What do you think your /6 conversion is worth?

[Dion]

Mark I have American Collectors Insurance
I put a value of my “project” at $40K. Sent them pics
of engine, wheels,etc.
They know I’m in restoration mode. All they asked
was pictures when complete to increase it.
I plan on upping that when it’s complete.

[worn]

Just wondering what value we should be putting on /6 conversions these days? (IMG:style_emoticons/default/unsure.gif)

My teen, if it was still a /4, I wouldn't even consider an offer under $25K Canadian, so about $18-19K USD. Not that I want to sell.

/6 core prices are way way up, and so are running engines, What about a fresh performance build?. I used to tell customers a conversion would run $30K (CAD) with engine. but I seriously doubt I could do that now.

My teen is a '74 (1.8 base) paint is (guessing) a 30 yr/old respray colour change, a 7/10 from chips and scratches only, but perfect OG body, perfect interior, Evil tranny, 5-bolt, fuchs , bilsteins, front suspension, etc
Engine 3.0, 2K miles, twinplug/MSD, webers, custom mahle pistons, web cams, fresh build, alumimum tank, etc

No clue what the replacement value for insurance would be..... (IMG:style_emoticons/default/confused24.gif)
What do you think your /6 conversion is worth?

Wouldn’t sell mine for 40k. Completely rust free after removal of said problems and the motor and the 911S brakes, etc. yours is worth more. Wouldn’t trade for a 911 of same year. Couldn’t have it built for that cost. They say that the value is what someone would pay. But what about what it would take for someone to sell.

[Mark Henry]

(IMG:style_emoticons/default/agree.gif)

I'm more worried about the other guy, fire, theft, etc.
I have Hagerty, I know it's way undervalued now.
$40K USD would be $53.5K Canadian.

[mepstein]

When I built custom bikes at the bike shop, I would fill out a build sheet with every single part for the build. I would do the same if the customer's expensive bike was stolen and did one for myself when two of my bikes were taken. Unless you write it down, you will forget half the parts. First write down systems: Engine, trans, brakes, body, etc and then break down each system into smaller parts. You need a replacement value, not how much you paid after deals, swaps and stuff you already had. What will it cost to buy it all at retail or at least market rate. It will be shocking but without the build sheet, the insurance company will just rely on comps and that's hard to do accurately with a custom conversion. If you ever have to go the insurance route, your adjuster will have no clue about a six conversion so a build sheet with pics will help you get what you deserve. It helps if you can get an automotive shop to list all the parts and costs on their letterhead. Receipts are great as well but I don't keep them or have them to begin with.

[mlindner]

Mark, mine is in the last stage of assembly. Two years ago after having it painted I had it insured for $35,000 agreed value. Same reason, fire, theft.....Not sure what final value we be. Best, Mark

[mepstein]

Mark, mine is in the last stage of assembly. Two years ago after having it painted I had it insured for $35,000 agreed value. Same reason, fire, theft.....Not sure what final value we be. Best, Mark

(IMG:style_emoticons/default/smilie_pokal.gif)
I bet a car like this would cost $75k+ to replace.

[defianty]

I've currently only got mine insured for 25K UKP (33K USD) at the moment which is the max Hagerty UK would insure a good condition 73 2.0L for. But hope to change that as soon as I get the car back from paint. Ideally I'm looking to double that figure at least.

[scallyk9]

My '74 3.2L conversion is insured with Hagerty for $40k USD, increased from $35k in 2017. With swapping in a 916 transaxle (Martin Bott), 911 axles, and Ben's SS heat exchangers and muffler, I'll still be under water in a loss.

[daytona]

I have my 74 with 3.0L insured with Hagerty for 45K, but if I were to follow mepsteins build sheet suggestion I think I would have to increase the insured value. Better get on it.
Bill.

[raynekat]

Get a professional appraisal...period.

Someone who is very knowledgeable in Porsches and the current cost of parts. We have a guy like that here in Portland.

Most of you guys will be too low on what you think your car is worth.

[thelogo]

Conversion 50 k
As those can be replaced
You could build it for 50 right mark ?

Original and lets be honest
99k is a extremely reasonable number
Right ?

[EdwardBlume]

It’s not how much it’s worth, it’s how much you want back if lost factoring in the odds of loss. The rest is self insured.

[dr914@autoatlanta.com]

any decent six conversion (genuine five lug conversion, factory 911 engine, correct oil tank and heat exchangers). Nice paint and interior, is worth 50,000 to insure. These days just a great running original 911 engine is worth at least 15,000

[mepstein]

Conversion 50 k
As those can be replaced
You could build it for 50 right mark ?

Original and lets be honest
99k is a extremely reasonable number
Right ?

The guy who posted above you is laughing at $50K.

[worn]

Mark, mine is in the last stage of assembly. Two years ago after having it painted I had it insured for $35,000 agreed value. Same reason, fire, theft.....Not sure what final value we be. Best, Mark

Taking it to Sugar River?

[Larmo63]

My '73 2.4S conversion narrow body hot rod is agreed value insured with Hagerty for $35K.

I'll up it to $40K next year, but how would I (or you) react if someone offered me (or you) a full $35-40K cash deal for the car, money on the barrel? Hmmm....

(IMG:style_emoticons/default/confused24.gif)

[RickS]

Only have mine at 30K agreed value. The conversion and all the upgrades cost that much. Bought it originally for 7K with a 2.0. Time to up it. A database of current sales prices by month (car year, unmolested, modified, 6 Conversion, original 6, sales price) would provide a range of real world values.

[Mark Henry]

So here's my build sheet for 3.0 1974 914 six conversion, what's the engine and the rest of the drivetrain worth?

The build was well documented here's the thread http://www.914world.com/bbs2/index.php?act...=0#entry1993833

Engine 3.0L, 70.4mm X 95mm, 10.5: 1 CR
Case, 1979, 3.0, serial # *6399XXX, 930/13, 930.101.104.4R, Supertec head studs
Crank, stock, std/std, polished and magnafluxed, converted to CW distributor drive gear.
Rods, stock, rebuilt big and small end, new bushings, ARP bolts and nuts.
Flywheel stock lightened, with custom 914-901 adapter ring, CSP 228mm bus HD pressure plate.
Full engine balance, pressure plate and adapter ring balanced separately and as a full complete assembly.
Main bearings, new glyco, DFL (Dry Film Lube) coated.
#8 Main bearing, original Porsche, DFL coated.
Rod bearings, new glyco, DFL coated.
Intermediate shaft bearings, new Porsche, DFL coated.
Gasket set, new nose and rear main seal, Supertec sealant kit.
Pump, stock, cooler stock 911 modified to 914/6 spec.
Pistons, Mahle, new, 3.0 custom RSR style, 10.5:1 CR, DFL coated skirts, ceramic coated tops, Goetze rings.
Cylinders, stock 3.0 nickasil, replated Milenium/LN engineering, stock gaskets, .025mm base gasket.
Heads, 3.0 big port, port work, twin plug.
Valves, stock size, exhaust new TRW sodium, intake new AE.
Valve springs, Eibach sport, retainers early stock, keepers stock modified
Ceramic chambers and exhaust ports.
Cams, WEB-CAM, 120/104, set at 5.2mm/.10 lash, 964 cores modified to 901 spec.
Towers, spray bars R&R, tapped and cleaned, rockers resurfaced, RSR rocker shaft seals.
Chains, new IWIS, new cam sprockets, keys and pins.
Tensioners, hydraulic, no fail modification.
906 style cylinder cooling deflectors.
Cooler, stock, 3.0, modified for 914.

Oil tank, DWD, aluminum, with console and neck
Custom breather tank and OE hose.
Oil, Brad Penn break in, Delo 400 15w40

Carburetors, Weber 40mm IDA, rebuilt, new carb kits, 34mm venturies, 135 main jets, F3 emulsion tubes, 180 air correction, 55 idle, Ported stock manifolds, custom phenolic spacers.
K&N filters and rain hats, Weber linkage
Walbro fuel pump and PMO regulator.

Distributor, PMS/Jarvis, CW, MSD internals, Jaguar XJS-12 cap (1989-1996), Jarvis rotor (RSR clone)
Plug wires custom labled twin plug, Patrick Motorsports
Ignition, MSD 6AL, twin MSD high vibration coils, max RPM 6800
Spark plugs, NGK BPR5ES (BPR6ES also available for tuning)

Headers, 914, 1-1/2” MSDS, ceramic coated
Muffler/collector Magnaflow custom stainless steel 2-1/2”
WMS O2 meter, wideband

Transmission
914, 901, side shift rebuilt, using good used parts
Gasket set, Elring
Gearing, custom, A,F,O,X, HB
Stub axles 108mm 911/901

Spare 2nd rebuilt transmission with stock 914/4 gearing

Axles, Sway-Away custom, part# 2420 directional L and R mark to the outside
CV, Lobro, G50 108mm modified to '1969-1974 spec grease seals
Rear hubs and stubs, 5-bolt Porsche,1972 911, new bearings
Bilstien, shocks, 140lb springs

Front struts, 914/6, Bilstien struts, 5-bolt hubs,
Turbo tie rods, ball joints, and bearings all new German.
Free Motion needle bearings for the front, Original Customs

Sway bars, Tarett front and stock rear

Front calipers, Brembo aluminum, Alpha Romeo GTV-6/Milano (1984-86), rebuilt with 911M kits
Front pads, 1971-72 bus modified,
Front rotor stock vented 914/6, drilled
Rear calipers, PMB V-calipers, stock 914/4 modified for vented rotor, stock rear pads.
Rear rotor stock vented 911, diameter reduced 5mm (10mm total)

Fuchs 1975 “020” 5-bolt Porsche refinished
Spare 944 turbo "outlaw" space saver,

[mepstein]

Most of the big names charge $20-30k for a full engine overhaul - depending on parts used. That’s not including any real high end or exotic builds.

We had a customers car that had a stock 2.7 rebuilt for $22.5 that ran like crap. It still needed the CIS rebuilt. That cost another $1,500 in parts.


Like I said, the only way to get a true replacement cost is to write up every part and put a retail price next to it. Eye watering for sure.

Even your detailed list is incomplete. There are tons of gaskets, grommets, seals and hardware pieces that add up. Just the speedo, clutch, throttle and e- brake cables are ~$250 to replace.