Need an independent valuation from a car club official
Posted
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(In Topic #163713)
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We've got the mk1,2 and corrado all on the same policy with Footman James… We've sent pictures and condition forms off and been asked to provide "A signed Independent Valuation from either a car club official or specialist dealer due to vehicle age and increase from purchase price"
I presume the "vehicle age" bit relates to the 'rado as it's a '94. (though nothing on the letter they've sent actually says as much!)
The "Increase from purchase price" is based on current ebay prices and the fact that each of the cars now works properly, are in significantly better condition than when purchased and that the purchase prices were all a bit bargain-tastic!
So… who do I approach?
Cheers
I presume the "vehicle age" bit relates to the 'rado as it's a '94. (though nothing on the letter they've sent actually says as much!)
The "Increase from purchase price" is based on current ebay prices and the fact that each of the cars now works properly, are in significantly better condition than when purchased and that the purchase prices were all a bit bargain-tastic!
So… who do I approach?
Cheers
Posted

Old Timer



Posted

Old Timer



Posted
Settled In


sounds good - I'll get on to you about it then!
Posted

Events Manager




Posted

Old Timer



Posted

Old Timer

So can the club offer valuations?
I was under the impression they wouldn't.
I was under the impression they wouldn't.
Posted

Life Member



Posted

Old Timer



I looked into this whole valuation thing and the price guide a year ago
Vehicle would need to be inspected by a club official
Club would be liable if we over value cars
The club would need a team of people over the country to go out an visual inspect cars and then submit forms and photos to the head valuer
There would be a cost involved and would only be a member option
It's something being looked into but ias with everything that is insurance related its a nightmare of red tape
Also members getting annoyed the club value it less then they thinks its worth
I've offered to do fonzorroo as I know them well and I can throw a stone from my house and hit there's, they can be my guinea pigs to see if the insurance company with accept our forms
Vehicle would need to be inspected by a club official
Club would be liable if we over value cars
The club would need a team of people over the country to go out an visual inspect cars and then submit forms and photos to the head valuer
There would be a cost involved and would only be a member option
It's something being looked into but ias with everything that is insurance related its a nightmare of red tape
Also members getting annoyed the club value it less then they thinks its worth
I've offered to do fonzorroo as I know them well and I can throw a stone from my house and hit there's, they can be my guinea pigs to see if the insurance company with accept our forms
Posted

Old Timer

When my valuation was declined the underwriters for Footman James wanted either a club official or specialist dealer to verify.
I didn't think either existed so sent them adverts of similar cars, reduced the valuation slightly and gave them a bladdy good reason why I thought it was worth it!
I didn't think either existed so sent them adverts of similar cars, reduced the valuation slightly and gave them a bladdy good reason why I thought it was worth it!
Posted
Settled In

Hey Jelly, could you independently value my car for insurance please, its the yellow cabriolet 1.5gl from 2012 agm, your assistance would be most appreciated.

1983 1.5gl cabriolet in yellow, its the nuts!
Posted

Local Hero




Over in the Porsche club I know that they do valuations with photographs and technical descriptions, as long as they have enough good photos and see service history etc too then they don't physically see the car in the flesh.
Insurance companies seem ok with this so I don't know if there's a reason why we couldn't do the same? It would be a nice service to offer paid members.
Insurance companies seem ok with this so I don't know if there's a reason why we couldn't do the same? It would be a nice service to offer paid members.
Andy
LINCOLNSHIRE REGION - https://www.facebook.com/groups/467122313360002/
1983 MK1 Golf GTI Campaign Model - Under (looooong) resto!
1962 Rover P4 80
2002 BMW 745i
2008 BMW Z4 2.5Si
LINCOLNSHIRE REGION - https://www.facebook.com/groups/467122313360002/
1983 MK1 Golf GTI Campaign Model - Under (looooong) resto!
1962 Rover P4 80
2002 BMW 745i
2008 BMW Z4 2.5Si
Posted

Local Hero




Andy
LINCOLNSHIRE REGION - https://www.facebook.com/groups/467122313360002/
1983 MK1 Golf GTI Campaign Model - Under (looooong) resto!
1962 Rover P4 80
2002 BMW 745i
2008 BMW Z4 2.5Si
LINCOLNSHIRE REGION - https://www.facebook.com/groups/467122313360002/
1983 MK1 Golf GTI Campaign Model - Under (looooong) resto!
1962 Rover P4 80
2002 BMW 745i
2008 BMW Z4 2.5Si
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