[s-cars] Query to the List about S6 value

[mike claire]

I tried Hagerty a couple years ago.  Pretty short conversation.  My '93 was
fresh from the body shop and looking 100% but they weren't interested.  It
was a daily driver and I don't think that fits their business.

I'm leaning the other way - I might drop collision entirely.  I only drive
it once or twice a week and is always garaged.  Even last summer the prices
collapsed to where I figured it was realistically worth on about $8500.
Given the current glut of cars and no consumer credit I'd be lucky to find a
cash buyer with $6K for it.  So I don't expect to sell.  I hope to drive it
another 50K miles and 3 or 4 more years without major work like
clutch/tranny etc.  If I get there I'll sell it or part it for whatever it's
worth and be good with it.

I did some rough figuring on collision insurance.  My car only exposes the
insurance company to a worst-case risk of about $2500.  And that's only if I
total it, and only if it's all my fault.  This accounts for residual parts
value in a light hit, the deductible I'd pay, and the money they'll gouge me
on future premiums.  Too bad AIG didn't stick to business like that.  If I
take a hard hit with it and I bend up all the parts I'll lose the parts
value - but I'll either be dead or have bigger problems to worry about.

By the way - my biggest financial risk is to never wreck the car.  How else
can I be sure I'll know when it's over?  I don't want to spend good money
after bad at the end, whenever that is.

Having said all this - I'm about to drop about 5 bills to repair a stupid
little rust spot near the rocker with new metal.




Mike



On Mon, Nov 17, 2008 at 3:26 PM, Postupack, Jeff
<Jeff.Postupack at analog.com>wrote:

> Hi:
>
> I am re-negotiating my insurance for the 1995.5 S6 I own.
> considering Hagerty..
>
> And I want to ask you guys, what you think your 'Last price' would
> be if you wanted to buy it.
> Just so I can show the Agent what the market value is beyond the typical
> KBB or Edmunds
> dealer and private party pricing.
>
> This is a second owner 1995.5 S6 Black on Black, unmolested with 73K
> documented miles on it.
> It has seen one winter, truly.. (last year) and has no issues.
>
> The 'only' mod is Euro headlamps with HID lows and relayed Hi Beams.
> Stock 16 inch Avus wheels .. turn key OEM reliability.. (yah! I can hear ya
> laughing in NH !)
>
> honestly, it's pretty sweet.
>
> I want to show some favorable market pricing from you guys, so Come On!
>  help me out here!
>
> Jeff Posto
>
>
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