Market Value of a classic?

With a car like that it depends massively on the condition.

A bottom end example is worth about £5000 and excellent ones are worth £12,000 to £15,000 and concours ones above that. Then there’s everything in between.

This is RR remember . But likewise, I'll buy a mint RST at £1.5k!

In another way he might be right! Alot of the time insurance companies will try to pay out "trade" market prices, unless you really are willing to break their balls and refuse a payment. One bloke I know got offered £6k for a very very clean E46 M3; they just don't come up that often at those prices anymore! 5 years ago, that's what Glass' guide claimed a good 944 Turbo was worth, with a roadworthy example being £1.2k; Considering the bodywork plastics probably went for £1k on a breaker, with the engine getting over £1k I did question those prices.

For me, that's what makes an agreed valuation worth its weight in Gold. But I understand there are agreed valuation and there are agreed valuations.

Pretty much explained why not all Agreed Valuations (AGs) are not the same.

I never said I’d find you one which is precisely what the insurance company will say.
Tbh you’re quite welcome to all & any regardless of price

Well as luck has it I was discussing this when I was insuring my mk1 sierra with all the mods etc, neither I or the chap on the phone had a clue at the cars actual value I know what I've spent and how much graft ive put in but that doesn't equate to value, I asked how they would ascertain a value as at this age and as modified as it is each car is an individual,the chap told me they check a popular auction site and car sales websites to see what they are selling at, thats what he did whilst I was on the phone. He twisted my arm to up my value (I just picked a value from mid air while we were talking) as apparently I was drastically under valuing it


I want one of these £1500 fiesta turbo as well please

There are a couple of price guides available in the classic market - they are fairly well researched but both differ somewhat - I normally use these along with any other examples on the open market to come to a fair price conclusion - sure they will be examples about offered at eye watering prices / dealers trying their hand / testing the market along with usual E Bay merry go-round - I always attempt to base my pricing conclusion upon what has sold for what price rather than what is for sale at a over ambitious price

The Practical Classics price guide lists the pricing at £10,000 for a concours / dealer offered example, £7,000 for excellent condition, £3,200 for fair / poor condition & £1,750 for a car requiring full restoration

Whilst the Hagerty price guide lists £23,400 for concours, £18,500 for excellent, £11,000 for a reasonable / fair example & £5,600 for something requiring quite a bit of work

I have not used their full descriptions but it is how it reads - personally I would think somewhere in the £15k region is right for a really good / concours car of the model but there is absolutely no accounting for the bonkers so called 'Fast Ford' market and what vendors expect for the cars or come to that what purchasers are prepared to pay - links to the guides listed below

apps.hagerty.com/ukvaluation/index.html?showBacklink=1

static1.squarespace.com/static/56cc2816b09f95c5501c6175/t/5b0eb68d70a6ad6b04ad76bb/1527690894297/Price+Guide+July18.pdf