Rhd conversion insurance

[SeanDezart]

We obviously don't share the same opinion of the cars you love...

How much to replace your Violet ?

Double figures ?

 

[status]

Agreed value,3000miles,246 quid,all mods declared,no need to be a car club member although I am in 3 different car clubs,wot jonymd says is spot on although some didn't agree when I've suggested it in the past,35k for a zed,don't think so or i might have to get mine revalued,nice to think they are worth that though

 

[Rob Gaskin]

...........has the value of zeds really gone up that much.........................We could all kid ourselves that our cars are worth 25k but just try and find someone to hand over that sort of money................The average uk rhd zed with an acceptable amount of rust is probably worth 15k.......

I tend to agree John. There is a lot of hype around prices.

A car has to be exceptional to get £25k. How many do we know that have sold for that?

 

[STEVE BURNS]

If say a Z sells is purchased for say up £20k or less which in IMHO is a more realistic assessment of what normal good Zs are going for. how much would it cost to return the said Z to the same condition if it was seriously damaged in an accident
Which is the difference between the market value and agreed value

 

[SeanDezart]

£40k to restore a Z properly, less if you DIY but not everyone can (or wants to) for many various reasons.

 

[STEVE BURNS]

£40k to restore a Z properly, less if you DIY but not everyone can (or wants to) for many various reasons.

Sean,buddy I can seem to get my head around this.
I must be on a different planet

I know that generally with Zs that most people know that they would not get the money back that they have put into their cars but what normal punter in their right mind would either pay someone that amount of monies to restore a Z (with the exception of James Taylor or the like) or if a dealer would pay that much to restore a car for sale.

Does that mean that anybody who buys a restored Z for under £50k (Cost of original car+£40k restoration cost plus £5k sellers profit)would have bought a dog

 

[SeanDezart]

Sean,buddy I can seem to get my head around this.
I must be on a different planet

I know that generally with Zs that most people know that they would not get the money back that they have put into their cars but what normal punter in their right mind would either pay someone that amount of monies to restore a Z (with the exception of James Taylor or the like) or if a dealer would pay that much to restore a car for sale.

Does that mean that anybody who buys a restored Z for under £50k (Cost of original car+£40k restoration cost plus £5k sellers profit)would have bought a dog

Does that mean that anybody who buys a restored Z for under £50k (Cost of original car+£40k restoration cost plus £5k sellers profit)would have bought a dog...NO - it means they bought a bargain.

How many hours labour do you think it takes to strip down, repair, prep, paint and rebuild a Z with new parts where necessary even if not all are replaced at the owners' whim ?

Hom much an hour for a skilled restorer ?

Assuming it's not cash under the table and there is an invoice to show to the insurance valuer....

I think that there are some on this forum stuck in the '80s.

 

[STEVE BURNS]

Does that mean that anybody who buys a restored Z for under £50k (Cost of original car+£40k restoration cost plus £5k sellers profit)would have bought a dog...NO - it means they bought a bargain.

You have totally misread what I was saying and meant
Yes anyone who bought a Z that had had that amount of money spent on it would have got a bargain if they had purchased it for under £40K

What I meant as I am sure you know is what you are implying is unless £40k has been spent on it that car has not been restored properly

 

[johnymd]

I think the bigger market is for 12 - 15k cars. This will get you a rust free but not perfect LHD car or repaired RHD car that may need work.

 

[SeanDezart]

You have totally misread what I was saying and meant
Yes anyone who bought a Z that had had that amount of money spent on it would have got a bargain if they had purchased it for under £40K

Steve, if I misread what you wanted to say, it's because I read this :

Does that mean that anybody who buys a restored Z for under £50k would have bought a dog

.....and just to add some oil to the surface, spending loads of money on a car is no proof of a quality finish...

What I meant as I am sure you know is what you are implying is unless £40k has been spent on it that car has not been restored properly

No, I don't know - I apparently misread a simple statement about buying a dog under £50k.....you've been in building, someone restores a house or adds a conservatory or replaces their double-glazing and central heating system and has to sell their house for whatever reason and perhaps quickly - are they going to recover what they spent on it ?

No, I'm not implying anything....I'm stating that a professional restoration - ie a turn-key 240Z* will cost at least £40k !
* this includes a base car - a 'relatively' rust-free import.

It's not rocket-science - just a bit of experience costing up group-up restorations and simple maths :

This plus that = this.
This many hours at such and such a rate = that.

It's a well-known fact that if you pay to have a Z restored, it's going to cost you more than buying one already done.

The drawbacks are that unless there is ample proof, you'll never know how well despite a hefty price attached (hence it is no proof of a good job) and that quite often it is done to the taste of the previous owner, not least the colour !

I'm open to debate about this - we all have different opinions and experiences but please don't try to second guess what you think I'm trying to say....just ask !