QUOTE(eric9144 @ May 15 2015, 11:22 AM)
Like Len pointed out, I just readjusted my AAA classic policy to $25k and they didn't blink an eye at that value...
Many of us are in denial that the prices are going up as much as they are, hell I paid $4300 for my car in the early-mid 90's from the original owner
I'm not in denial, I just disagree with NADA's numbers. Based on what I've seen advertised between here, Pelican, Hemmings, E-Bay, Craigslist, etc I feel Hagarty's numbers are are more realistic for both 914s and 911s, especially if you follow their condition guide.
As for insurance, since most of us likely pay based on agreed value, trumping up the values doesn't work in insurance companies favors. It only penalizes us if we undervalue our own cars since we won't get market price in a settlement, thus we'll be paying out of pocket to replace it. If we over value it, well then I have spare cash to buy everyone beer!
Don't get me wrong, I like owning an appreciating toy for a change - beats the hell out of the sailboat in that respect... But I'd hate to see 914s go the same way as early 911s, 356s, and of recent, 930s. For those looking to sell, it's great, for those looking to own and drive, then pass on to my car enthusiast sons, it's not necessarily good news.