NB Prices are Bananas
02-24-2022, 09:33 PM
#46
Rennlist Member
Careful there. There is a huge difference in agreed value and stated value policies. I think you are referring to an agreed value policy that covers mods.
Agreed value payout can be more or less than actual cash value (ACV is basically what the insurance company decides the car is worth).
Stated value is useful when a driver wants to take on some of the risk to avoid a higher premium. Typically stated value is *lower* than actual cash value, and the insurance policy pays either stated value or actual cash value, whichever is less.
Agreed value payout can be more or less than actual cash value (ACV is basically what the insurance company decides the car is worth).
Stated value is useful when a driver wants to take on some of the risk to avoid a higher premium. Typically stated value is *lower* than actual cash value, and the insurance policy pays either stated value or actual cash value, whichever is less.
In the event of a total loss, the insurer compensates the insured for the agreed or stipulated value, less the insureds deductible. Depreciation, is also irrelevant.
Last edited by Twilightblue28A; 02-24-2022 at 09:34 PM.
02-24-2022, 09:49 PM
#47
Rennlist Member
I disagree!! I tried to stay away from this subject. Agreed value insurance provides the insurer and insured stipulate the value of the vehicle in advance of the policy being written. Underwriting may require photographs of the car(s) condition, mileage, garaging, etc, prior to entertaining an agreed value policy.
In the event of a total loss, the insurer compensates the insured for the agreed or stipulated value, less the insureds deductible. Depreciation, is also irrelevant.
In the event of a total loss, the insurer compensates the insured for the agreed or stipulated value, less the insureds deductible. Depreciation, is also irrelevant.
I agree with everything you wrote above and do not find it counter to my comments.
02-24-2022, 09:56 PM
#48
Rennlist Member
With your clarification, I stipulate....lol 😂 Thank you!!
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4Driver4 (02-24-2022)
02-25-2022, 10:32 AM
#49
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INTMD8 (02-26-2022)
03-16-2022, 07:20 PM
#52
Advanced
https://bringatrailer.com/listing/19...rrera-coupe-5/
This went for much more than I would have thought. Seller has excellent reputation in the P-Car market which definitely adds value.
This went for much more than I would have thought. Seller has excellent reputation in the P-Car market which definitely adds value.
03-16-2022, 07:47 PM
#53
Instructor
https://bringatrailer.com/listing/19...rrera-coupe-5/
This went for much more than I would have thought. Seller has excellent reputation in the P-Car market which definitely adds value.
This went for much more than I would have thought. Seller has excellent reputation in the P-Car market which definitely adds value.
I think the buyer got a very reliable car.
03-16-2022, 10:38 PM
#54
Rennlist Member
Mind blowing for a run of the mill NB Polar Silver 993 …. And 94k miles to boot! INSANE!
03-16-2022, 11:10 PM
#55
Rennlist Member
. I wouldn't call any 993 run of the mill anymore.I'd like to remind people that good condition manual C2 NB numbers are most likely less than everyone thinks.
How many are automatics? How many have been crashed? How many aren't well maintained?
I think those factors take at least 30% of the North American car numbers off the table for people who are looking for a good car.
Last edited by 911F1; 03-16-2022 at 11:13 PM.
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Kyzcreig (03-17-2022)
03-17-2022, 01:13 AM
#56
Three Wheelin'
Run of the mill . I wouldn't call any 993 run of the mill anymore.
I'd like to remind people that good condition manual C2 NB numbers are most likely less than everyone thinks.
How many are automatics? How many have been crashed? How many aren't well maintained?
I think those factors take at least 30% of the North American car numbers off the table for people who are looking for a good car.
. I wouldn't call any 993 run of the mill anymore.I'd like to remind people that good condition manual C2 NB numbers are most likely less than everyone thinks.
How many are automatics? How many have been crashed? How many aren't well maintained?
I think those factors take at least 30% of the North American car numbers off the table for people who are looking for a good car.
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alsamrob4 (03-17-2022)
03-17-2022, 01:39 AM
#57
Rennlist Member
Run of the mill . I wouldn't call any 993 run of the mill anymore.
I'd like to remind people that good condition manual C2 NB numbers are most likely less than everyone thinks.
How many are automatics? How many have been crashed? How many aren't well maintained?
I think those factors take at least 30% of the North American car numbers off the table for people who are looking for a good car.
. I wouldn't call any 993 run of the mill anymore.I'd like to remind people that good condition manual C2 NB numbers are most likely less than everyone thinks.
How many are automatics? How many have been crashed? How many aren't well maintained?
I think those factors take at least 30% of the North American car numbers off the table for people who are looking for a good car.
39,000 993 C2 NB produced is run of the mill compared to a 993 S (3,714) and 993 4S (6,948) WB cars.
03-17-2022, 09:50 AM
#59
Rennlist Member
Run of the mill . I wouldn't call any 993 run of the mill anymore.
I'd like to remind people that good condition manual C2 NB numbers are most likely less than everyone thinks.
How many are automatics? How many have been crashed? How many aren't well maintained?
I think those factors take at least 30% of the North American car numbers off the table for people who are looking for a good car.
. I wouldn't call any 993 run of the mill anymore.I'd like to remind people that good condition manual C2 NB numbers are most likely less than everyone thinks.
How many are automatics? How many have been crashed? How many aren't well maintained?
I think those factors take at least 30% of the North American car numbers off the table for people who are looking for a good car.
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bobbyp (03-17-2022)
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