Fast Marina Magazine

Gee tc wrote: I could of course just spend the money on hookers,booze, fags and betting otherwise .
Tony

....and just waste the rest?

Seriously - go for it and just get the highest insurance valuation you can in case some happens to your pride and joy.

According to Dave Barker,an insurance assessor of 20 years plus experience for the Norwich Union,the most sort after Marina is the MK 1(A) T.C Coupe [face lift car,vinyl roof,tinted glass and cloth upholstery] between this and the basic MK1 T.C coupe there would be a cost difference of a few hundred pounds.Well on to the subject of valuation,Dave said that you would need to get an "agreed value insurance policy",now here it starts to get a little more complex,you need to get your insurer to "agree" to your cars value,this must be established by providing proof that your car is worth the value you say your car is worth,photographic evidence,rebuild receipts,service records,and perhaps the most important a independent valuation of the car by a specialist car valuer (this is possibly harder than you my think as some aged value insurance policy companies are reluctant to take owners club valuations,due to club bias [Dave's' words not mine]on club members cars or cars of the same marque valued by clubs)

Now with regards to a fully restored T.C Dave thought that such a car would only be worth slightly more than an "A" condition un-restored car lots of the money spent on the cars re-build wold not be reflected in the final price,Dave said,

"If the car was a minter,and i'm talking,condition "A" both inside and out,the best i would think you would get on a standard day would be about £2800,it would have to be something special to go over that,the market doesn't commands much higher prices,the Marina is not the most sought after car and this is reflected in the vehicles worth,and desirability,but as to agreed value make sure your policy is air tight or you my not get the return you have agreed on"

Russ

Beckett Bros "value of an agreed type" :roll:

I looking at an old copy of Practical Classics some times ago and in the back there is a guide to classic car prices,i seem to remember that the price for a grade 1 Marina t.c was about £2500 (this magazine was from about 1991 i think) that's 18 years ago so in all that time Marinas Have not risen in price when a Ford mk1 Escort Mexico can go for over £7000,so in real terms Marinas are cheaper than they were back then or am i wrong?

Alan

Now, I know its not the same, but my insurance company have valued my car at £6000 for insurance purposes.

Just nice to know if the worst should happen I might get back some of the money spent on it! :roll:

Hi Balmy,
Is that an agreed value which they will pay out if the worst happens?
Who are you with?

Cheers,
Paul.

Yes it it. Sent them photos and bills etc and they agreed on £6000.

Policy is with Lancaster.

Cheers Balmy!

That's excellent for a Marina,was the policy very expensive? as the value is a little less than my Mondeo and i pay £174 fully comp with protected no claims.

Alan

Cant remember how much it was exactly but around the £150 mark I think-fully comp with the agreed value.

Brilliant deal you have their and very cheap for the cover you have sure some of the others on here will be queuing to get their cars insured by them.

Alan