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Agreed value of LE
#1572690
07/05/2016 17:40
07/05/2016 17:40
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Jim_Jiminy
Unregistered
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Jim_Jiminy
Unregistered
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Hi guys, just a quick question, what should the agreed value be for a 1999 LE in very good mechanical and cosmetic condition?
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Re: Agreed value of LE
[Re: ]
#1572722
07/05/2016 23:05
07/05/2016 23:05
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patch234
Unregistered
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patch234
Unregistered
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Best to speak to a specialist as they can also ratify the cost with the insurer. Depends upon mileage and overall condition as to what is decided but I would imagine 10K + for a better one and more for a low mileage perfect car like Clint's
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Re: Agreed value of LE
[Re: ]
#1572763
08/05/2016 06:30
08/05/2016 06:30
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Joined: Jan 2016
Posts: 649 UK
Clintos
Club member 2040
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Club member 2040
Enjoying the ride
Joined: Jan 2016
Posts: 649
UK
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The insurance company will want either an engineers report and estimated value, several photos of the odometer, interior, exterior, wheels, engine bay etc etc, receipts, service history and any other info you can provide if not all of the forementioned documents. The insurance company then send all the info to a panel or specialists and they either accept your proposal or return what they think the agreed valuation should be. Mine is currently covered for 15k but that will increase once the current refurb is complete and I submit the receipts, more photos and engineers report.....probably closer to 20k as the car will owe me around 24K once complete.
I used Lancaster insurance and I also have the buy back option and am covered for 5000 mile per year (a little over stated but would rather be covered if I did step outwith the stated mileage), European cover and additional named driver. I paid around 240 fully comp but the coupe must be a second car (you must be insured on a daily driver in addition). Hope that helps!
Last edited by Clintos; 08/05/2016 06:31.
Boooooooooost!!!
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Re: Agreed value of LE
[Re: ]
#1572771
08/05/2016 09:19
08/05/2016 09:19
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Nello
Unregistered
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Nello
Unregistered
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Have LE values increased that much recently? ......(here's hoping) ![laugh laugh](/forum/images/graemlins/default/laugh.gif)
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Re: Agreed value of LE
[Re: ]
#1572773
08/05/2016 09:23
08/05/2016 09:23
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Joined: Jan 2016
Posts: 649 UK
Clintos
Club member 2040
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Club member 2040
Enjoying the ride
Joined: Jan 2016
Posts: 649
UK
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really depends on the mileage, history and condition. 15k upwards really does need to be in concourse condition
Boooooooooost!!!
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Re: Agreed value of LE
[Re: ]
#1572775
08/05/2016 09:25
08/05/2016 09:25
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Joined: Jan 2016
Posts: 649 UK
Clintos
Club member 2040
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Club member 2040
Enjoying the ride
Joined: Jan 2016
Posts: 649
UK
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changing subject, how do I get my own image as my signature? Ive got an image in photobucket but cant sus out how to do it? Cheers
Boooooooooost!!!
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Re: Agreed value of LE
[Re: Clintos]
#1572778
08/05/2016 09:40
08/05/2016 09:40
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Joined: Mar 2007
Posts: 17,148 Auld Reekie
Edinburgh
Club President, member225
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Club President, member225
Forum veteran
Joined: Mar 2007
Posts: 17,148
Auld Reekie
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Have a look at this Clint HTH
BumbleBee carer
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Re: Agreed value of LE
[Re: ]
#1572793
08/05/2016 10:24
08/05/2016 10:24
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Joined: Sep 2006
Posts: 17,227 FCSS 01684 593187
Countrycruising
Club Rep Europe, member 914
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Club Rep Europe, member 914
Forum veteran
Joined: Sep 2006
Posts: 17,227
FCSS 01684 593187
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Hi guys, just a quick question, what should the agreed value be for a 1999 LE in very good mechanical and cosmetic condition? What's the underside condition?
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Re: Agreed value of LE
[Re: ]
#1572805
08/05/2016 11:45
08/05/2016 11:45
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Nello
Unregistered
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Nello
Unregistered
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Just noticed - first time I have seen zero Coupes up for sale on Autotrader.......... Rarity factor kicking in?
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Re: Agreed value of LE
[Re: ]
#1572823
08/05/2016 14:27
08/05/2016 14:27
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Jim_Jiminy
Unregistered
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Jim_Jiminy
Unregistered
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Cheers guys. I think mines maybe valued too low then at 5K as I just put down what I paid for it back in 2006 and didn't really think about it since.
I didn't think LE values had gone up much until I saw a few recent adverts on the forum and sales on ebay of 7K-8K and over. So now I'm thinking I should get it adjusted. I'm with Adrian Flux and already sent in all the photos etc.
The car has done 86000 miles, pretty much FSH, 4 previous owners. I've kept up with the maintenance since I've owned it including: new turbo, radiator, manifold, oil cooler pipes, break lines, clutch, recent belt change & full respray. Just had a full service last week at Rogers and no issues reported so I'm thinking underside is OK. Probably get a stage 1 remap soon just to give her a bit more power.
So maybe I should get a valuation from Roger and present this to Adrian Flux?
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Re: Agreed value of LE
[Re: ]
#1572824
08/05/2016 14:41
08/05/2016 14:41
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Joined: Jan 2016
Posts: 649 UK
Clintos
Club member 2040
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Club member 2040
Enjoying the ride
Joined: Jan 2016
Posts: 649
UK
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or maybe one of our forum specialists and advise further......................... Good Luck but Id say 8-10k easily if not more ![thumb thumb](/forum/images/graemlins/default/icon_thumbs.gif)
Last edited by Clintos; 08/05/2016 14:41.
Boooooooooost!!!
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Re: Agreed value of LE
[Re: Countrycruising]
#1572825
08/05/2016 15:05
08/05/2016 15:05
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Joined: Sep 2006
Posts: 17,227 FCSS 01684 593187
Countrycruising
Club Rep Europe, member 914
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Club Rep Europe, member 914
Forum veteran
Joined: Sep 2006
Posts: 17,227
FCSS 01684 593187
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Hi guys, just a quick question, what should the agreed value be for a 1999 LE in very good mechanical and cosmetic condition? What's the underside condition? I saw this at Brooklands in 2015 ![confused confused](/forum/images/graemlins/default/confused.gif)
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Re: Agreed value of LE
[Re: Countrycruising]
#1572828
08/05/2016 15:31
08/05/2016 15:31
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Jim_Jiminy
Unregistered
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Jim_Jiminy
Unregistered
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Hi guys, just a quick question, what should the agreed value be for a 1999 LE in very good mechanical and cosmetic condition? What's the underside condition? I saw this at Brooklands in 2015 Oh yeah...that's right..nothing major though? I'll get round to doing those bits you recommended when finances allow.
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Re: Agreed value of LE
[Re: ]
#1593074
31/01/2017 14:22
31/01/2017 14:22
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Nello
Unregistered
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Nello
Unregistered
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Just reviving this as I've just renewed my policy and moved to AA as they were the cheapest quote on one of those comparison sites. I called them up though as they did not have the LE specifically listed? I know the databases go off whats on your V5 but they could only cover it with it listed as a late 6-speed car? Anyone else experienced this?
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Re: Agreed value of LE
[Re: ]
#1593075
31/01/2017 14:43
31/01/2017 14:43
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Joined: Dec 2005
Posts: 8,457 Lightwater, Surrey
DaveG
Club Treasurer Member 311
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Club Treasurer Member 311
Je suis un Coupé
Joined: Dec 2005
Posts: 8,457
Lightwater, Surrey
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My White Plus was down as a 20V on the V5C, but when checking insurance, I entered the details manually, and a Plus was one of the options, but typically an LE is not shown as an option on the insurance comparison sites.
I think there are a few LEs shown on their V5C as mere 20v turbos...
I just paid FCA UK to provide me with a letter to verify the correct details for my Plus, they may be able to help, and may not charge if it was a UK registered car from new (and the supplying dealer made a mistake).
1996 Portofino 20vt & 2000 Pearl White Plus 2008 Ferrari F430 & 2017 Fiat 124 Spider
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Re: Agreed value of LE
[Re: DaveG]
#1593076
31/01/2017 15:00
31/01/2017 15:00
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Nello
Unregistered
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Nello
Unregistered
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Nice one Dave - who did you write to for that? I know this is the case for quite a few LE's.........
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Re: Agreed value of LE
[Re: ]
#1593103
31/01/2017 22:05
31/01/2017 22:05
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Joined: Dec 2005
Posts: 21,616 Aldershot
PeteP
Hon Club Member 005, Membership Secretary
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Hon Club Member 005, Membership Secretary
Forum Fossil
Joined: Dec 2005
Posts: 21,616
Aldershot
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I think the issue is more what model type the DVLA have on the registration documents as many insurers rely on what is written there, accurate or not.
The more enlightened ones listen to what the various specialist car clubs know.
The DVLA, when dealing with historic taxation class vehicles, may take advice from some owners' clubs when they hold production records, MGOC springs to mind for example.
16VT and X1/9 1500
We must all do our part for the planet. I unplugged a row of electric cars that nobody was using.
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Re: Agreed value of LE
[Re: ]
#1593126
01/02/2017 10:29
01/02/2017 10:29
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Joined: Dec 2005
Posts: 8,457 Lightwater, Surrey
DaveG
Club Treasurer Member 311
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Club Treasurer Member 311
Je suis un Coupé
Joined: Dec 2005
Posts: 8,457
Lightwater, Surrey
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My contact in the Homologation Department is away until 6th Feb, I will pass on contact details to Nello if this guy is happy with that, alternatively try customerrelations@fcagroup.com
1996 Portofino 20vt & 2000 Pearl White Plus 2008 Ferrari F430 & 2017 Fiat 124 Spider
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Re: Agreed value of LE
[Re: ]
#1593211
02/02/2017 09:55
02/02/2017 09:55
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Nello
Unregistered
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Nello
Unregistered
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