Re: Deciding value
The insurance companies have an idea of what the cars are worth. They use the NADA listing as a guide. I have an agreed value of 7900.00 for my Squareback, and 7500.00 for my rusty GMC. I do have limits on the mileage I drive (5k per year on each). We have an agreement that each year as I progress with the build /restoration of the GMC the truck will be appraised and with documentation showing progress the agreed value will go up.
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1961 GMC. Start date 1/20/2011
Past projects:
1958 Fleetliner 14ft Runabout
1966 Caprice 2dr
1970 VW Squareback
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