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#16
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Re: Restoration Opinions Needed
The car itself has enough collector expert "support" but lacks the key things that are needed for increased value in a proper club supporting and promoting the car and a lack of parts. Sure there are some nice examples out there but the sad reality is these cars are now sitting rotting away in garages rather than being shared with the younger generations who would eventually be buying them so the garage queens are doing just as much collector damage as the rats out there are. The thing that needs to be done is to buy the car or fix the car because you love it and want to share your enjoyment with others rather than your garage walls. Even if you bought an AC Cobra 427 back in the day it would have been a poor investment compared to the S and P 500 over the same time.
Build it, love it, share it and if you can't do the threesome, pass it on to someone who can.
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British vehicles are my last ditch attempt to keep the nasty Italian thoughts in my mind at bay. So far its working. |
#17
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Re: Restoration Opinions Needed
I get my insurance from TD Insurance. They don't do "Classic" or Collector" car policies. However, all they asked of me was a certificate of valuation (not sure if that's the correct technical term) from a qualified/recognised person in the auto trade. They then set up the policy to reflect the agreed to dollar value. (And adjust the premium accordingly). I did the same for my motorcycle after doing some customization.
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Peter ART Cryogenic/Slotted Rotors, Stainless Steel Brake Lines, PWR Radiator, Tranny cooler, Stebro, Earthworm's Poly Differential/front & rear swaybar bushings, Koni Inserts and Mychailo SVX Sport Springs all 4 corners, Indigo Blue paint. Liquid Silver Wheels. |
#18
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Re: Restoration Opinions Needed
Quote:
The Black Beauty was my DD until I bought my Pearlie. Since my return from Reading, the Pearlie has become my DD. The Black Beauty and Atreyu (the RX-8) are now my garage queens! (for the moment!) As far as the insurance goes, my agent, over at State Farm, told me to just keep track of all the receipts for everything in regards to the restoration. To be honest, I was hoping they would document everything involved before insuring it. It's my understanding that there are companies that do it that way.
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ARMANDO 1992 SVX LS-L "Black Beauty" 292,500K (purchased April, 1997 w/65K) http://i1259.photobucket.com/albums/...psz1xmhtdo.jpg 1992 SVX LS-L "Blanca" 214,000K http://i1259.photobucket.com/albums/...pskv0odesa.jpg 2004 Mazda RX-8 http://i1259.photobucket.com/albums/...ps7vggfwfu.jpg 1974 Mazda RX-4 http://i1259.photobucket.com/albums/...psentjrygb.jpg Last edited by AlcyoneSVX; 07-16-2013 at 10:09 PM. |
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