How do you dollar value the V V's

[hop234]

Hi all,
After spending our first weekend the group at Canungra { a good weekend too I might add}, Dad is looking at changing from his present insurer to the insurer {forget their name} that is insuring a lot of the Vintage Vans. His question is how do you work out the value of them. Those that were there may be able to help. His was the grey and white Don Cadet that was parked near my bus at the entry.
He also has a 76(?) Viscount Royal which he doesn't know whether to sell or not, so if someone can suggest a value of that may help him out also.

Thanks
Col

[sutcac]

Very difficult to value old vans, but........If it was mine................I'd be trying to insure the Don for $10 K ish.....................
.......remember , you've got to be able to replace it, if it's written off in an accident..........

.....and as we all know, V V ans have appreciated greatly in the last 4 /5 years hey?

Cheers Cactus.

[JBJ]

Hi,

Replacement value is what you have to aim for.

I have Lucille insured with MHIA for $12500, plus $2500 annex & contents $1000.
Cost me $268 per year, with $200 excess.

It was reasonable for a "touring caravan" with unlimited use.


Difficulty is in agreeing a price. I worked on material costs I put into Lucill without my time & labour.

I suppose I went below what it would cost to replace, but how can you replace a written off unique vehicle?


Like with cars, caravans can be insured for all sorts of numbers.

I guess you nominate a figure & pay the money. The Insurers dont often come out losing, but thats why we pay them in case of a disaster.

JBJ