In need of a dollar value for insurance - The 1947 - Present Chevrolet & GMC Truck Message Board Network

HookedOnReefing · 07-10-2009, 12:12 PM

I recently purchased a 1983 Chevy C20 Silverado with Factory 454 V8 engine. It has a 14 bolt posi 3.73 rear. Automatic transmission (haven't looked which one). Cruise control. Factory AC. Original working AM/FM/Casette radio. Electric windows. Factory clock. Etc. Only 28,000 original miles. Truck is all original and unmolested. Original paint and interior. One owner truck. Looks like it wasn't used much as even the bed looks good. Two-tone paint still holds a nice shine. No dents, just a few swirls in the paint. Interior is in great shape, no stains, no cracks in dash, no rips/wear etc. No rust anywhere, not even under the truck. Everything works.

I gave $2375 for it but I think it is worth more than that.

Talked to my insurance agent yesterday and she wants me to give her a $ value.

What do you think this truck is worth?

HookedOnReefing · 07-10-2009, 03:32 PM

Just realized I posted in the wrong sub forum...

Is there an admin that can move my post to: The 1973 - 1987 Chevrolet & GMC Pickups Message Board.

tvblazer78 · 07-10-2009, 08:35 PM

Quote:

Originally Posted by HookedOnReefing

Just realized I posted in the wrong sub forum...

Is there an admin that can move my post to: The 1973 - 1987 Chevrolet & GMC Pickups Message Board.

I got it for ya, no biggie..

Neon Beach · 07-10-2009, 08:57 PM

Your insurance company didn't ask for a professional appraisal?

Neon Beach · 07-10-2009, 08:59 PM

Also, I kill to have that dashpad!!! Mine is cracked to hell.

AceX · 07-10-2009, 09:14 PM

My dad's insurance company for the Vette and El Camino just asked for a $ value from him and that's what they base the rate off of.

$10k is a nice round number.

Neon Beach · 07-10-2009, 09:20 PM

Wow. Not up here, if you wanna insure it for more than say, Kelly Blue Book, you need a professional appraisal.

HookedOnReefing · 07-10-2009, 09:28 PM

No, they did not ask for a professional appraisal. they will ask for an appraisal when they think my value is too excessive.

My insurance agent does want to see the truck in person and take pictures for her file. She wants me too put a reasonable value on it.

So what would the replacement value be? AND if you would sell this truck, how much would you ask for it or pay for it?

Neon Beach · 07-10-2009, 09:44 PM

Quote:

So what would the replacement value be?

That's the thing. Here they would look at Blue Book, which means it's worth nothing. In your case, if all they want is is a reasonable value, find some similar trucks, say using Google, that are for sale and print of that info for them to see.

**N2TRUX** · 07-10-2009, 10:51 PM

It's obvious that the truck was someones "Camper Special" that was probably only used for camping trips and stored inside when not in use.

Being that it is pristine condition gives it good value. My "guesstimate" would be 4500.

79gmcc15 · 07-11-2009, 12:57 AM

Quote:

Originally Posted by N2TRUX

It's obvious that the truck was someones "Camper Special" that was probably only used for camping trips and stored inside when not in use.

Being that it is pristine condition gives it good value. My "guesstimate" would be 4500.

ya I was going to say about 5 here. to give you an idea. I was at a truck show last weekend. there was a 73 c 20 that had been well used but had a newer motor and fully documented and he was trying to sell it for over 5 which was the highest NADA value. and it was a ho-hum truck.

there is no way I would buy that truck for over 5k. but yours! heeeccckkkk yeah!

07-10-2009, 12:12 PM	#1
HookedOnReefing Registered User Join Date: Jul 2009 Location: West York, IL Posts: 9	In need of a dollar value for insurance I recently purchased a 1983 Chevy C20 Silverado with Factory 454 V8 engine. It has a 14 bolt posi 3.73 rear. Automatic transmission (haven't looked which one). Cruise control. Factory AC. Original working AM/FM/Casette radio. Electric windows. Factory clock. Etc. Only 28,000 original miles. Truck is all original and unmolested. Original paint and interior. One owner truck. Looks like it wasn't used much as even the bed looks good. Two-tone paint still holds a nice shine. No dents, just a few swirls in the paint. Interior is in great shape, no stains, no cracks in dash, no rips/wear etc. No rust anywhere, not even under the truck. Everything works. I gave $2375 for it but I think it is worth more than that. Talked to my insurance agent yesterday and she wants me to give her a $ value. What do you think this truck is worth? Last edited by HookedOnReefing; 07-10-2009 at 08:47 PM.

07-10-2009, 03:32 PM	#2
HookedOnReefing Registered User Join Date: Jul 2009 Location: West York, IL Posts: 9	Re: In need of a dollar value for insurance Just realized I posted in the wrong sub forum... Is there an admin that can move my post to: The 1973 - 1987 Chevrolet & GMC Pickups Message Board. __________________ 83 Chevy C20 Silverado 454 ci 85 GMC Sierra 2500 350 ci 01 Ford F250 SD Crew 6.8L V10 Shouldn't have a Ford in the mix, but hey, I like them too

07-10-2009, 08:57 PM	#4
Neon Beach Registered User Join Date: Jan 2008 Location: Ontario, Canada Posts: 57	Re: In need of a dollar value for insurance Your insurance company didn't ask for a professional appraisal? __________________ Former vehicles: 1978 Camaro Z/28 1973 Camaro Type LT 1969 Camaro 1986 Chevy Wrangler www.uvtalk.com www.rustfreerides.com www.talktimmins.com "Cops already? What are we, beside a Krispy Kreme? Last edited by Neon Beach; 07-10-2009 at 08:58 PM.

07-10-2009, 08:59 PM	#5
Neon Beach Registered User Join Date: Jan 2008 Location: Ontario, Canada Posts: 57	Re: In need of a dollar value for insurance Also, I kill to have that dashpad!!! Mine is cracked to hell. __________________ Former vehicles: 1978 Camaro Z/28 1973 Camaro Type LT 1969 Camaro 1986 Chevy Wrangler www.uvtalk.com www.rustfreerides.com www.talktimmins.com "Cops already? What are we, beside a Krispy Kreme?

07-10-2009, 09:14 PM	#6
AceX >130dB Moderator Join Date: Aug 2006 Location: Sacramento, CA Posts: 2,130	Re: In need of a dollar value for insurance My dad's insurance company for the Vette and El Camino just asked for a $ value from him and that's what they base the rate off of. $10k is a nice round number. __________________ Living Life @ 130dB LED Tail Light Conversion; How-to Friend. Father. Brother. RIP El Jay ------------------------------------------------------------------------------------------------------------------------- CLICK HERE and for less than $0.07 a day, you too can help support and build a better forum.

07-10-2009, 09:20 PM	#7
Neon Beach Registered User Join Date: Jan 2008 Location: Ontario, Canada Posts: 57	Re: In need of a dollar value for insurance Wow. Not up here, if you wanna insure it for more than say, Kelly Blue Book, you need a professional appraisal. __________________ Former vehicles: 1978 Camaro Z/28 1973 Camaro Type LT 1969 Camaro 1986 Chevy Wrangler www.uvtalk.com www.rustfreerides.com www.talktimmins.com "Cops already? What are we, beside a Krispy Kreme?

07-10-2009, 09:28 PM	#8
HookedOnReefing Registered User Join Date: Jul 2009 Location: West York, IL Posts: 9	Re: In need of a dollar value for insurance No, they did not ask for a professional appraisal. they will ask for an appraisal when they think my value is too excessive. My insurance agent does want to see the truck in person and take pictures for her file. She wants me too put a reasonable value on it. So what would the replacement value be? AND if you would sell this truck, how much would you ask for it or pay for it? __________________ 83 Chevy C20 Silverado 454 ci 85 GMC Sierra 2500 350 ci 01 Ford F250 SD Crew 6.8L V10 Shouldn't have a Ford in the mix, but hey, I like them too

07-10-2009, 10:51 PM	#10
N2TRUX Happy to be here Join Date: Mar 2000 Location: Cypress, TX Posts: 39,023	Re: In need of a dollar value for insurance It's obvious that the truck was someones "Camper Special" that was probably only used for camping trips and stored inside when not in use. Being that it is pristine condition gives it good value. My "guesstimate" would be 4500. __________________ Follow me on Facebook and Instagram @N2trux.com Articles- "Jake" the 84 to 74 crewcab "Elwood" the77_Remix 85 GMC Sierra "Scarlett" "Refining Sierra"



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