Agreed Valuation 996 GT3 RS

[langdale]

Who's the best insurance company for this and whats the value 27k miles Mint documented example RHD tks

[430scuderia1]

I have insured mine with Manning Uk for the last 10 years, they are very competitive and offer Track Day insurance included if thats your thing.

I would say the car you are talking about would be worth around £70k as no others for sale and demand should be strong.

[langdale]

I'll call mannings as I've not tried them yet. It's not for track use but my current insurer don't seem to understand agreed valuation instead they quote 'glasses guide' DOH

[hornbaek]

I have agreed value with Chubb through Locktons on the GT3 RS 4.0

[seawise]

430scuderia1 said:

I would say the car you are talking about would be worth around £70k as no others for sale and demand should be strong.

suspect 70k is a bit light for agreed valuation purposes (i paid high 70's for a lower miles car last October). as you say there is nothing on the market and going for stronger numbers on the continent, i'd bid 70k unseen if it was for sale !

i use Chubb agreed valuation but no trackday cover.

[langdale]

seawise said:

suspect 70k is a bit light for agreed valuation purposes (i paid high 70's for a lower miles car last October). as you say there is nothing on the market and going for stronger numbers on the continent, i'd bid 70k unseen if it was for sale !

i use Chubb agreed valuation but no trackday cover.

I think your car was the last car to be advertised on PH Classifieds. Maybe others change hands under the radar if at all?

[seawise]

langdale said:

I think your car was the last car to be advertised on PH Classifieds. Maybe others change hands under the radar if at all?

Paragon sold one just after i bought mine that was never advertised, mid 70's but more miles. i believe some very low miles cars have gone for 6 figures, but that may be heresay.

[langdale]

seawise said:

Paragon sold one just after i bought mine that was never advertised, mid 70's but more miles. i believe some very low miles cars have gone for 6 figures, but that may be heresay.

well I heard of one with 3k miles for 100 but as u say that could be hearsay .

My plan is to look for agreed valuation of 75 for mine. With no cars for sale its tough to know where to pitch it.

[PetrolTed]

Interesting reading. Seems they finally are on the up after all the ramping by the owners for the last few years

[gtr_drifter]

hi all, im in the same position as the OP. Same car, same mileage, mint with orig paint.

I just re-insured with mannings to cover the two track days i will likely do this year. After reading this and possibly hype from other owners! i upped the cover to £80k (was only £60 for last 5 yrs) but to avoid any issues in the event of a payout, they have suggested an agreed valuation from an expert, so im guessing a specialist independant or porsche dealer (im guessing they will be no good at this).

Has anyone had this done recently, by whom and at what cost?

Thanks in advance
Matt

[LaSource]

Fletchdale sold the last low mileage mk1 gt3
Slades and MCP Motorsport sold the last low mileage 996 RSs

[LaSource]

Reading all this, maybe I should also convert to agreed value..!

[langdale]

Gtr-drifter I've written to pcgb bad asked for a valuation as I'm a pcgb member so I'll let you know what they come back with. I have insurance with mannings on a lotus with full track day cover and I use my NCD on that car so I went elsewhere with the RS as they couldn't compete. I'm drawing a black with my current insurer so when my policy expires ill have to shift to mannings and pay up. I'm just hoping that pcgb give an accurate valuation of the car given the inability at mo of replacing one of these cars at realistic money. As I said ill keep you informed with what I get back

[agtlaw]

langdale said:

... current insurer don't seem to understand agreed valuation instead they quote 'glasses guide' DOH

You're clearly with the wrong insurer.

[DiscoColin]

PetrolTed said:

Interesting reading. Seems they finally are on the up after all the ramping by the owners for the last few years

They seem to be following the 964RS pattern - they are either being tracked by long term owners with no plans ever to sell or hoarded by collectors. Either way - the supply of good cars is minimal and prices are heading North. As expected.

[PetrolTed]

Can't see a scenario in which I would sell mine. Fabulous car and I have no desire to swap it for anything else newer or older.

[langdale]

agtlaw said:

You're clearly with the wrong insurer.

For sure. was just a quick fix at the time after buying the car v quickly so I need to address it but equally its just as important to get the value right. Thoughts Andrew?

[PetrolTed]

Just insure it with Mannings - they've dealt with enough of them to know what's what. Then get on and enjoy it and don't fret about hypotheticals.

[agtlaw]

See this recent thread on GT3 insurance - http://www.pistonheads.com/gassing/topic.asp?h=0&a...

[langdale]

agtlaw said:

See this recent thread on GT3 insurance - http://www.pistonheads.com/gassing/topic.asp?h=0&a...

Tks ill try a few of these. How about your thoughts on car value? tks