Jump to content
The mkiv Supra Owners Club

Insurance Payout


SupraKid

Recommended Posts

Well.. after 6 months and lots of investigation etc...

 

My insurance company have decided they are making an offer on for my Supra.

 

What should i be expecting?

 

It was a mint uk manual, 100k miles FSH. Completely standard.

 

They want my purchase reciept, but i didnt get one, i bought it privately.

 

They said they are using the GLasses guide, i dont think the Supra is priced highly in them?

Link to comment
Share on other sites

there is a UK manual on ebay, its at a dealer in Havant (that have had few and know the market value) and its at £8995 (storm blue and i suspect at least your cars mileage).

 

I keep track of the trader pretty much every week and i've not seen many (even highly priced) manuals recently.

 

be prepared for a drawn out battle over the payout :(

Link to comment
Share on other sites

Regular Glass's guide only does 1999 - 2007. It's listed in the Glass's classic or old cars separate guide or something, and the insurers will suggest somewhere around £3k (that's what the insurance engineer chap said to me when talking about my write-off).

 

Just be prepared to provide proof of rarety, limited edition etc.

 

I think £8,500 is a good payout and what I would aim for if it was me. I aimed for £6,500 on my UK auto and that's what I got after supplying info on actual sold cars (not just dreamer prices in for sale ads).

Link to comment
Share on other sites

See attached. Looks like there's an alternate dataset available for 1992 - 1998 cars which unfortunately I don't have access to.

 

Anyway, Glass's would value it at £3-ish from what the insurance guy said to me.

 

http://www2.css-networks.com/glass.JPG

Link to comment
Share on other sites

Guest gzaerojon

make sure they back date the value, ie the price might have dropped a little in the last 6 months from when it happened, so you want a price as it would've been back then

Link to comment
Share on other sites

Yep, as an insurer it certainly does only work on market value. There was a large discussion about this and Sky Insurances' policies for agreed value not to long ago.

 

I'd say you're looking at £5-6k as a first offer mate. Clearly this needs rejecting! ;)

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Restore formatting

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue. You might also be interested in our Guidelines, Privacy Policy and Terms of Use.