01-17-2012, 07:44 PM
|
 |
CC Member
|
|
|
Join Date: Jan 2004
Location: Gold Coast,
AUS
Cobra Make, Engine: Wish I had my own PACE 427
Posts: 2,145
|
|
Not Ranked
Quote:
Originally Posted by ICETOO
I am not going to pay 65 grand for a car that my insurance will only cover for 50 grand.
|
Not sure if you are talking about Cobra's there, but just assisted a customer with insurance of his 2002 Harrison with Shannon's. Covered for $85k, no questions asked. Yearly premium $413.00. It's a fully restored high spec Cobra so I think the insurance value of $85k is justified. He would be out of pocket if it was insured for any less.
I've personally been asked for photos and spec lists by Shannon's to verify the value of the vehicle. Recently they have not had a problem with insuring the vehicle for what I consider to be fair market price.
Just keep looking it is a buyers market, you might even find something even better than the ebay car if you are patient enough. |
Hybrid Mode
