Toymods Car Club Inc: General Car Talk => Insurance company rip off!!!! (Read me!)

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Southo
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I supported Toymods

Location:
Sydney
Registered:
August 2002

Re: Insurance company rip off!!!! (Read me!)	Tue, 06 January 2004 02:30

Um.. Seeing I have access to both Glass's Guide AND redbook here - I can tell you for a FACT Glass's have the ST185R (March 1990 to December 1992)GT-4 Turbo Celica listed at more than any of the values you have mentioned... Are you sure they are using the Glass's Guide ?? What Value are they Using ?? (1 star, 2 Star or 3 Star ??) What exact vehicle are they using ?? (what NVIC code) I personally would value the (Feb 1991 onwards GT-4) with low kms as stated as closer to $19,000. But before you ask - NO, I do not want to unsure your car... That's probably realistic from a retail dealers sale price... Sure, there are some wood ducks that would pay more - but then again, there are some people who go out and buy Hyundai Accents thinking they have great re-sale value... Edit: Another thing that was touched on - everyday I get people trying to tell me that just because they have spent $30,000 on a car, then that's what it is worth... Example...Today a dickhead calls up and gets put straight thru to me...(I'll find out who the consultant was and get them later...) He buys a 1985 AE82 1.6L Toyota Corolla CS Auto sedan about 12 mths ago for $2,800. It has 255,000kms when he buys it. He tells me the paint was a little faded, had mismatched tyres, and the engine blew lots of smoke after he drove it for about 3 mths... So, he spends $2,750 on rebuilding the engine, $3,900 on a respray, $1,250 on new wheels and tyres, $1,100 on getting Air conditioning fitted, $450 on having power steering fitted and $495 on an alarm and immobiliser with 4 door central locking.. He is pissed at me because the maximum value I would suggest it is worth is about $5,000. He said it would cost him about $15,000 do rebuild it... Just because you spend money on a car - it does not always add value... [Updated on: Tue, 06 January 2004 02:45] [Report message to a moderator]

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