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Originally Posted by tom s
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Your example with the price of 16K seems to be right on market IMO. Just a little side note. Hagerty agent called me and suggested I lower the value of my car 5K for my renewal. He said the market for full size of this vintage continues to drop and I tend to believe him based on auction actual sold cars. I declined to lower my value because I am in the middle of some upgrades. But my premium went up a little to reflect the difference between stated value and what they consider the real value. As mentioned, the car you are considering needs to have a careful inspection and evaluation before any meaningful value can be attached to it. These full size cars cost a fortune to restore if that's the goal. Very limited aftermarket support for the body, trim, and interior.