Insured Value through NCM for 69 427
04-02-2022, 05:54 PM
#21
Race Director
early models are 53 to 62. mid years are 63 to 67. late models are 68 to 82. c4 on up do not exist...
04-03-2022, 11:02 AM
#22
Burning Brakes
Thread Starter
04-03-2022, 11:16 AM
#23
Burning Brakes
Thread Starter
I haven't been on this forum for quite a while. I was a frequent poster here while getting my 69 ready for judging. I forgot how much people here hate to admit the values of these cars have crept up over the years.
My car is not for sale. I was offered $80k for it at NCRS Nationals in 2014 so I went with that as a legit value at the time. That was 8 years ago. I was asking for help with a current value for insurance.
I doubt that an agreed value of $125k vs $80k will cost more than $100 a year in premium so will just boost it anyways.
My car is not for sale. I was offered $80k for it at NCRS Nationals in 2014 so I went with that as a legit value at the time. That was 8 years ago. I was asking for help with a current value for insurance.
I doubt that an agreed value of $125k vs $80k will cost more than $100 a year in premium so will just boost it anyways.
04-03-2022, 11:17 AM
#24
Dementer sole survivor
Member Since: Oct 2015
Location: YUPPY HELL Westford MASS
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2020 C3 of the Year Finalist - Modified
2020 Corvette of the Year Finalist (performance mods)
2019 C3 of Year Winner (performance mods)
2016 C3 of Year Finalist
Yes that is a 67, not a 69. BIG difference in those models although the mid year convertibles arent usually as high as the coupes. The opposite is true for the C3 models.
04-03-2022, 05:18 PM
#25
Race Director
Member Since: Nov 2003
Location: Cottonwood AZ
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C1 of Year Finalist (performance mods) 2019
and this was the terminology until the C4 came out and people started the “C” designations. I owned two different C4s but never anything newer and never will. I refuse to use those “C” designations. To me they will always be:1. Solid axles 53-62
2. Midyears 63-67 (the midyears of the 60s)
3.Sharks or late models 68-72 because for me there in no personal interest in anything newer than a 1972 for a Corvette.
04-03-2022, 06:47 PM
#26
Drifting
I haven't been on this forum for quite a while. I was a frequent poster here while getting my 69 ready for judging. I forgot how much people here hate to admit the values of these cars have crept up over the years.
My car is not for sale. I was offered $80k for it at NCRS Nationals in 2014 so I went with that as a legit value at the time. That was 8 years ago. I was asking for help with a current value for insurance.
I doubt that an agreed value of $125k vs $80k will cost more than $100 a year in premium so will just boost it anyways.
My car is not for sale. I was offered $80k for it at NCRS Nationals in 2014 so I went with that as a legit value at the time. That was 8 years ago. I was asking for help with a current value for insurance.
I doubt that an agreed value of $125k vs $80k will cost more than $100 a year in premium so will just boost it anyways.
im sure your insurance company will gladly take your money to raise your premium. I get a kick out of everyone who brags about what they insure their car for, when 99% never had an appraisal done.
04-04-2022, 07:56 PM
#27
Burning Brakes
Thread Starter
In case anyone cares about real world stuff...
Increased agreed value from $80k to $120k and my premium went up $180. I think this was money well spent.
Thanks to Adam Boca and his team at NCM.
Increased agreed value from $80k to $120k and my premium went up $180. I think this was money well spent.
Thanks to Adam Boca and his team at NCM.
04-05-2022, 07:16 AM
#28
Dr. Detroit
Member Since: Mar 2012
Location: New Braunfels Texas
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As a previous owner of a 69' 427/400 A/C vert.....I would say in this condition the number is 65k.
Beautiful car in the right color......
Jebby
Beautiful car in the right color......
Jebby
04-05-2022, 07:45 AM
#29
Racer
04-05-2022, 07:57 AM
#30
Racer
There is little incentive for auction sites to provide you the numbers you seek. I'd think all you'd have to do is spot check with the buyers and sellers directly. Having sold and tried to buy on BaT my transactions are "real $'s" Pretty sure most of the 10's of thousands of auction sales via Mecum/BJ/BaT etc are real or the the word would be out. Also, if not, it would be a lot harder to bump up the stated values on insurance policies which I've been doing regularly now since if my cars were lost, I'd like to replace them and the ins co's use those auction numbers as well.
But is it? I've asked about actual sale data (not just marked sold on the site but actually money changing hands) and have had no luck finding that number. I've asked this of a few 'high end' sales sites and the answer I get is their 'sale' rate. But since the actual transaction is handled outside the auction, they don't track the data on actual sales that happen. The site gets their money and moves on. How many of those sales are done to drive pricing? It's probably worth spending some money in buyers fees to drive the market for a certain car. No proof of that other than seeing just stupid pricing for cars on those sites.
04-05-2022, 08:01 AM
#31
Racer
I think your missing the point, insurance is generally something you hope you never have to use, i.e., have a payback on, thereby implicitly having a preferred zero ROI!
04-05-2022, 06:19 PM
#32
You are never going to lose with Adam Boca and NCM insurance. And they pony up the max when bad luck hits to get it back as if it never happened. As to the value of the car there is very little difference in the cost of the insurance for adding and extra 20k to value. BUT as to the value of this car many may have skipped over that NCRS DUNTOV award. That alone will command all the big time BAT numbers. And there really are not all that many equipped like this.....
Air AND factory side pipes and fender louvers and the rest of the full load of options. Very nice and sorta rare actually.
Air AND factory side pipes and fender louvers and the rest of the full load of options. Very nice and sorta rare actually.
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