Valuation for my RX7

Started by logicalChimp, April 16, 2008, 11:14:32 AM

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logicalChimp

Hi

I have a feeling my RX7 is currently undervalued.  When i took the insurance out, i just valued it at the price i paid for it (more or less)

Since then, i\'ve had the entire engine bay replaced, i\'ll be having the suspension done in a couple of months, and the interior tidied up (and rear seats removed).

Given i\'ve already spent around 2x more than i paid for it in repair works, and i\'ve got more to come, i was wondering how i should go about setting a value for it?

If i just tell the insurance company its now worth 15k, they\'re probaby going to laugh at me :reallymad, so i\'m guessing i need to get it priced up by a third party.  

So: who do people go to, to get a valuation?

BlitzBoy

I think being a full club member you can get a valuation off here.
So have you changed over to Single turbo or are you on standard twins.
A mint Twin Turbo with a rebuilt engine gets around 7K.
A mint modified Single turbo with all the toys gets around 12K-15K
"Piston Killa" 3rd Gen\'94 \'Oldone Racing Full Bridge Ported REW 13b engine with SCR seals\'. HKS T51 KAI turbo BBM mapped Motec ECU

JDS/HKS Street Class Championship Runner up 2011
Rotorstock winner 08,09
http://pistonkilla.blogspot.com/
old spec HB T51 470 @ wheels @ 1.2 BAR, 555 @ fly 10.46 @ 130 @ 1.25 Bar
new spec FB T51 482 @ wheels @ 1.15 BAR, 570 @ fly

New Project
"el fénix" RX2 by Mark & Mark

logicalChimp

It\'s currently mostly standard Twins, with
* Uprated air intake (looks like Apexi, but according to Rotechniks it\'s not)
* Uprated exhaust
* full body kit, blended in (looks like a Veilside? C1 nose, but the rear spoiler looks like it\'s from a different set)
* 18" alloys (need to check exact size/spec)

It\'s getting uprated adjustable suspension when i replace the current worn-out setup, which i\'m guessing will affect the price as well.

given it\'s currently insured for just 4.5k, it looks like i need to get on the phone to my insurers

sadgoth

thing is most of those mobs add little to the value of the car, but they will add a bit to it. You have to look at how much you would have to pay to find a car in the same overall condition with similar mods and value your car accordingly. I have my car insured at about £5k which is much more than book value, but MUCH less than I have spent on it overall!
Mark
89 Black FC3S Turbo II
1/2 Bridge port   Microtech LT10s   TII Conv Aluminium Bonnet & Leather seats   Koni Shocks Pi Springs   De-catted 3" exhaust  
GT4088 turbo   Walbro fuel pump   1000cc injectors   custom V-Mount   Blitz Boost Controller (ok so the boost controller is still to fit)

Loud? Hell yes! :D

Timmy

Only increase the value if it is agreed with insurance company and like for like, otherwise it is pointless as they will only pay out what it says in the glasses guide.

SmbFD3S

How do we go about getting the car valued? My insurance want a valuation to confirm an agreed value ?
\'92 UK RX7 FD
\'97 Kwak ZX6R currently at Stage 3
\'86 Honda CRM250R stroker
\'11 BMW 320d ED
 
 

BlitzBoy

Contact Clive or Lisa on here I think, give em a Pm
"Piston Killa" 3rd Gen\'94 \'Oldone Racing Full Bridge Ported REW 13b engine with SCR seals\'. HKS T51 KAI turbo BBM mapped Motec ECU

JDS/HKS Street Class Championship Runner up 2011
Rotorstock winner 08,09
http://pistonkilla.blogspot.com/
old spec HB T51 470 @ wheels @ 1.2 BAR, 555 @ fly 10.46 @ 130 @ 1.25 Bar
new spec FB T51 482 @ wheels @ 1.15 BAR, 570 @ fly

New Project
"el fénix" RX2 by Mark & Mark

SmbFD3S

\'92 UK RX7 FD
\'97 Kwak ZX6R currently at Stage 3
\'86 Honda CRM250R stroker
\'11 BMW 320d ED
 
 

kev-yorks

As Marks said contact Clive to save time send him whatever pics you\'ve got details on the car etc etc. His email address is clive@mazdarotaryclub.com or as you\'re in London why not go to the pub meet at Dartford so he can see the car in the flesh.
Kevin
Regards Kevin

SmbFD3S

I\'m in Leicestershire mate and will be at Donington tomorrow, might be able to see someone there if possible ??
\'92 UK RX7 FD
\'97 Kwak ZX6R currently at Stage 3
\'86 Honda CRM250R stroker
\'11 BMW 320d ED