kramttocs Posted March 11, 2021 Share Posted March 11, 2021 I was thinking about how much I would save if I switch insurance company. If I saved 400.00, with company A , and I switch to company B and saved another 400.00. if I kept switching and savings would I reached a point where they would pay me? You just uncovered "The secret your insurance company doesn't want you to know". Link to comment Share on other sites More sharing options...
Gary Lewis Posted March 11, 2021 Author Share Posted March 11, 2021 You just uncovered "The secret your insurance company doesn't want you to know". Yep. Which is why I have a call in to my existing insurance company to let them know I have applied elsewhere for insurance on Big Blue. Last time I asked about better/different insurance they told me to take it to the local classic used car guy and have him appraise it. He knows so little about things that he's asked me in the past! Link to comment Share on other sites More sharing options...
Gary Lewis Posted March 23, 2021 Author Share Posted March 23, 2021 Yep. Which is why I have a call in to my existing insurance company to let them know I have applied elsewhere for insurance on Big Blue. Last time I asked about better/different insurance they told me to take it to the local classic used car guy and have him appraise it. He knows so little about things that he's asked me in the past! Just a bit more info: It looks like I'll probably not only insure Big Blue with American Modern Insurance Group, but also Dad's truck. As part of that process I was trying to figure out the value of Dad's truck so I used Hagerty's site again. And I was struck by the different curves for values of Dad's truck vs Big Blue and thought you might be similarly surprised. Dad's truck, meaning a 1981 F150 RCLB 4WD automatic w/a 351M on the left and Big Blue, meaning a 1985 F250 RCLB 4WD manual w/a 460, on the right: Â Link to comment Share on other sites More sharing options...
Gary Lewis Posted March 23, 2021 Author Share Posted March 23, 2021 Just a bit more info: It looks like I'll probably not only insure Big Blue with American Modern Insurance Group, but also Dad's truck. As part of that process I was trying to figure out the value of Dad's truck so I used Hagerty's site again. And I was struck by the different curves for values of Dad's truck vs Big Blue and thought you might be similarly surprised. Dad's truck, meaning a 1981 F150 RCLB 4WD automatic w/a 351M on the left and Big Blue, meaning a 1985 F250 RCLB 4WD manual w/a 460, on the right: I put those side-by-side so you could compare the curves, but I realize they are hard, if not impossible, to read, so here they are full sized. Here's Dad's: Here's Big Blue: Â Link to comment Share on other sites More sharing options...
85lebaront2 Posted March 23, 2021 Share Posted March 23, 2021 I put those side-by-side so you could compare the curves, but I realize they are hard, if not impossible, to read, so here they are full sized. Here's Dad's: Here's Big Blue: Gee, I wonder what Darth would be valued at? #1 Concours $22,700 #2 Excellent $15,300 #3 Good $8,700 #4 Fair $4,500 Gee, I paid $4,500 for him in 1994 and was offered $7,500 when I got him home by a used car dealer I knew. Link to comment Share on other sites More sharing options...
Gary Lewis Posted March 23, 2021 Author Share Posted March 23, 2021 Gee, I wonder what Darth would be valued at? #1 Concours $22,700 #2 Excellent $15,300 #3 Good $8,700 #4 Fair $4,500 Gee, I paid $4,500 for him in 1994 and was offered $7,500 when I got him home by a used car dealer I knew. As close as I can get, but there was no option for DRW. Link to comment Share on other sites More sharing options...
85lebaront2 Posted March 23, 2021 Share Posted March 23, 2021 As close as I can get, but there was no option for DRW. I did it by VIN and got the values I posted. Link to comment Share on other sites More sharing options...
Gary Lewis Posted March 23, 2021 Author Share Posted March 23, 2021 I did it by VIN and got the values I posted. Sorry, didn't see your numbers for some reason before I posted. Link to comment Share on other sites More sharing options...
Gary Lewis Posted May 5, 2021 Author Share Posted May 5, 2021 Sorry, didn't see your numbers for some reason before I posted. Just an update on the eval of Big Blue. Hagerty has recently updated their information and they say that a Cat 3 is now worth $20,500 instead of "just" $12,500 as of January. Look at the slope of that curve! Link to comment Share on other sites More sharing options...
kramttocs Posted May 5, 2021 Share Posted May 5, 2021 Just an update on the eval of Big Blue. Hagerty has recently updated their information and they say that a Cat 3 is now worth $20,500 instead of "just" $12,500 as of January. Look at the slope of that curve! That is crazy! My brother in law and I were talking last night about this rise while looking at vehicles on FB that are showing the same behavior. Link to comment Share on other sites More sharing options...
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