Alfa Romeo/Alfa Romeo Digest Archive
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Gt 1300 Junior value in U. S.
- Subject: Gt 1300 Junior value in U. S.
- From: "Kim Boydell" <boydell@domain.elided>
- Date: Thu, 17 Jun 1999 11:36:46 -0400
Hi all
I guess the submission by Beth Bishop is just a reminder that there is no
substitute to a good appraisal -- before it is needed.
At the advice of my insurance agent (she gave me the advice from the
passenger side while screaming passed a dump truck at redline in 3rd gear) I
hired an approved independent appraiser. I got a replacement cost appraisal
for $3,000 Canadian more than I thought the car was worth based on ads in
the paper etc. (but this includes new Koni shocks, sway bars and supersport
springs). This is probably about $7,000 Canadian more than the depreciated
value used by the insurance company. Now in the event of a catastrophe I
will be able to get what the car is worth with no fights. My agent
recommended that I get the car appraised every 3 years or so.
The appraisal cost $90 Canadian and it is good insurance against the
insurance company.
Regards
Kim
79 spider
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