Thats fair comment OG, hmm it does concern me in a similar vein and i'm going to pilfer your thread for a mo if you don't mind.
Righto lads, as some of you know i've been spending (investing i hope) some money in my old MB in order to keep her in as good condition as possible as my daily driver for the next 10 years at least...well unless someone makes me a fair offer to buy.
Its a 1996 E320 coupe (last of the 124's '86 to '96, facelift models 92 to 96) and has now covered abut 93k from new, we are the second owner and had her over 10 years.
Later models like mine can be found from about £2.5k in ropey or high mileage condition and up to about £7k (and now rising) for exceptional or lower mileage examples, mine should be worth around 6 to 7 now IMO, its had serious care indeed lovingly overmaintained over its life and as we all know that shows.
As its 17 years old it doesn't yet qualify for classic insurance i don't think, but i am a little worried that in the event of an accident i shall struggle to get more than about £1k from the typical insurer (esp third party) who wouldn't have a clue of the differene between a saloon (now banger money) and the coupes and convertibles...good ones depreciation levelled off and appreciating it would appear as they are fast disappearing.
Indeed the slightest bump could easily see a £1k bill and immediately trigger automatic write off.
What are my insurance options to get an agreed value, who should i approach do you reckon?
If i should be involved in an accident how do i play the system to ensure it doesn't get take to a DR bodyshop for example where somene used to putting wings on Corsas will take one look at it and write it off as uneconomic?
How do i ensure my car is repaired if they are not prepared to pay a reasonable write off figure, say £5k.
As i said hope you don't mind OG, its a similar case to your neighbour.
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