|22/07/2006 07:53:18||Ivo||Hi all,
Last week I was involved in an accident. While stopped behind a row of traffic I was hit from behind and shunted into the car infront. The damage is pretty much cosmetic and only the radiator needs replacing.
The driver from behind has admitted fault, but the insurance company has valued the car at only $1700 NZD, (approx 850 euro).
The car is a 1979 96 GL with the sky blue paint, soccerball wheels and the limited edition badge on the glovebox. I know that it is the only one of its kind in New Zealand, and that there were only 200 made worldwide. It has done high mileage, but has had both the engine and the gearbox reconditioned.
Would anyone have any idea what the value of this car is?
|22/07/2006 10:42:03||Al||In this country, a rough 96V4 is worth about £400 (600 EUR), middling one about £1000-1500 (1500-2250 EUR) and a very good one between £2000-3000 (3000-4500 EUR)
Rarity of a particular model has minimal effect on value over here, it's more about the condition of the car with V4s. The limited edition models can command a small premium, maybe 5-10%, but not often. What we tend to have over here for classic cars is Agreed Value insurance. Sounds to me like yours should be worth at least double what you've been offered though - why not try to get it fixed instead?!
|23/07/2006 06:40:27||Ivo||Thanks Al,
I definitely do not want to lose the car, as it has been in the family for 27 years. I do intend to repair the saab but I don't want to pay for the actions of another driver.
Because the cost of repairing the car (approx $2000 - $3000) is higher than the 'value' of $1700 it has been pronounced a 'write off' by the insurance company. In cases like this the owner is only reimbursed for the value of the car rather than spending more money to repair it.
If there is anyone else with an opinion on the value of the car it would be very helpful and much appreciated - as I need as much evidence as I can get to convince the assessors.
|24/07/2006 20:45:52||Alistair||Sounds like a high estimate if only the rad needs replacing! Lot of bodywork can be done for AU$2-3000 !|
|24/07/2006 20:47:26||Alistair||Sorry that's NZD ... (ooops!)|
|25/07/2006 09:24:31||Ivo||Yeah you're probably right Alistair. I haven't done much shopping around but I dont think $1700 will do it.
The panel beater I spoke to was concerned with the bonnet and the front bumper as they have both been bent out of shape. He mentioned they would have to be replaced, but the problem is there is a lack of parts here in NZ.
I'm not too experienced with bodywork and perhaps I'm going to the wrong panel beater? Most panel beaters here usually work on Japanese imports, and when something is dented they usually replace the whole panel rather than fix it.
Another issue is that the brackets for the rear bumper in the boot have sheared right off by the force. I'm guessing some connection would have to be welded back on?
I now also need rear indicator lenses, including the plastic 'mounts' inside the lenses. Are these easy to source in Europe for a 1979 GL?
|25/07/2006 12:44:25||Richard||To be honest I wouldnt claim and fix the car yourself. Can you contact the owner and see if he would give you some cash for the repair. Can you buy back the car off the insurance company.|
|27/07/2006 13:03:38||Ivo||richard, I would fix the car myself, but my point is that I shouldn't have to pay for the repair seeing it was another driver's mistake. I am only a student, and I don't think I can afford to fix the car myself|