Who can value my car ? im just afraid that if anything ever happned to it i wont be able to replace it for what its insured for its a 16 sport modified
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According to http://www.seoc.co.uk/priceguide.htm here are their latest published valuations
Dangerous practise for us all when a "club" posts up outdated prices
Insurance companies will be able to use the info as "evidence of market value" when deciding on claim payouts
Each valuation must be carried on an individual vehicle basis and not a generic "price guide list"
Originally posted by SEOC
Checked and Confirmed 5th December 2011
Sport / Ghia
Class 1 £8500
Class 2 £4500
Class 3 £2500
Class 1: Vehicles not requiring much work are still increasing
Class 2 & 3: Vehicles particularly those requiring panel work are hardly moving
As a recognised authority with Insurance companies the following price guide has been compiled to help enthusiasts obtain Insurance cover. The RS 2000 continues to rise in value, dramatically over the past few months, all models have shown increases brought about by the rarity of the RS version. We hope you find it both informative and useful.
Please note: Concours condition vehicles particularly the RS versions will attract higher prices and as a club we could only value these by sight.
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I can't recommend this enough. Get a bonafide club valuation. If they don't know your car then it has to be a visual valuation. For your car then it is definitely the Sporting Escort Owners club. They will have someone who can give you an up to date valuation & provide you with with the relevant paperwork to prove. This you will need to give to your insurer in order to gain a non-contestable agreed valuation which should also come with a certificate.
Little tip though, Read the small print in your insurance documents re - agreed value. Some insurers have it that they will pay "Up to" the agreed value & not the "Sum of".
I am insured with Heritage. When YUE decided to destroy itself last year I had the agreed value certificate which stated "The sum of £xxxxxxxxxxxxxxx will be paid in the event of a total loss claim"
Kind regards, Kevin
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Hi kevin thats what i want to hear im in glasgow tho so i would hope there is a member local to me that uses that site i will register when im home ive never bothered with anything like this before but i really need to try protect my investment now as these cars are too hard to replace now
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Originally posted by carlo View PostHi kevin thats what i want to hear im in glasgow tho so i would hope there is a member local to me that uses that site i will register when im home ive never bothered with anything like this before but i really need to try protect my investment now as these cars are too hard to replace now
Yep, Contact them & I'm sure that there will be someone near you.
It really is worth it's weight in gold if the worst ever happens. I unfortunately went through it all last year. A so called "private valuation" IE - yourself is not good enough, even on an agreed policy & would be contested if the time ever came. (Inside information)
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Originally posted by carlo View PostI hear you mate , i was browsing the site last year and seen your thread
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Forget the sporting Escort owners club valuation as that bloke will value it at 2 grand , lol .sigpic 2.1 ATMO YB POWER .
Tick tock goes the clock and the clock don't lie .
12.4sec to 109mph With NO turbo , NO gay trailer , NO slicks , NO gas , NO race fuel and NO bits missing . Beat that !!!!
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