S 2 Value?

[Jim H]

Hi, I’m soon to re insure my Elise S2, I don’t really follow the scene and wondered what it’s value would be around for insurance purposes? I’ve had a look on eBay etc for a guide but I don’t feel it offers good comparisons.

It’s a standard 02 S2, I’ve owned it 18 years, I’m the second owner, the first sold it after 12 months and 1.5 K miles. It’s now covered 38K miles, FSH, excellent condition, garaged all its life. It’s had some paint (stone chips sides and front - done to a high standard.

Any advice would be helpful.

Regards Jim.

[BertBert]

Is this for an agreed value policy or just a general idea for a normal policy?

[Jim H]

Good question.

Agreed value.

I’ve got 2 other classic cars and now realise how much this is important! Market value is not relevant in this arena.

[BertBert]

Presumably for an agreed value you have to get it valued by someone reputable (as it were)? Don't know who does it in the Lotus world. Someone like Paul Matty?