Classic Cars mag - Feb 2018

[Tdm]

Picked a copy up in the Airport and just been reading it.
On page 15 was reading about the "retro" look Ford Thunderbird,
and in the narrative was this comment (quote) :-

"Anthony Dale Cars in Norfolk has a 2005 , 50th Anniversary Edition (one of 240)
in Platinum Silver, 48K and hardtop for £15,989 - less than you'd pay for an average Triumph Stag."

Wonder what they think a good condition Stag is worth?.

[mike@thenook]

Well £30,000 is the going price for a good white one on ebay at the mo'

Its not sold yet though.....

[I am Groot]

Well £30,000 is the going price for a good white one on ebay at the mo'

Its not sold yet though.....

I think that ones a bit over the top but a good nicely restored has to be worth 18k to 21k and an original genuine low mile has to be 25k at this point surely?!

[garyf]

I know of a 77k miles Fully restored N reg yellow Stag that is absolutely stunning that is insured for £35k

[Tdm]

I know of a 77k miles Fully restored N reg yellow Stag that is absolutely stunning that is insured for £35k

I wish I could insure mine for it's true value, but there is no Classic Car insurance in Tenerife, and if it was written off,
I would only get what the Police think it was worth - in terms of it's age.
It's a gamble I have to live with that it's not involved in a serious accident and has to be scrapped.

That's one disadvantage of living here, but the advantages are :-

1) It will continue to require an MOT (every 5 years) so I know if it passes it is roadworthy,
2) Petrol is relatively cheap - so costs little to run,
3) Repairs and improvements are also relatively cheap (eg. a recent full respray only cost €900).
4) Most roads are in relatively good condition, and back roads are fairly quiet, so driving on them is a
pleasure,
5) It's only a small Island, so I don't put on a lot of mileage,
6) I can drive it in sunshine all the year round,
7) Insurance (though not cheap) automatically includes Breakdown Recovery.

[I am Groot]

I wish I could insure mine for it's true value, but there is no Classic Car insurance in Tenerife, and if it was written off,
I would only get what the Police think it was worth - in terms of it's age.
It's a gamble I have to live with that it's not involved in a serious accident and has to be scrapped.

That's one disadvantage of living here, but the advantages are :-

1) It will continue to require an MOT (every 5 years) so I know if it passes it is roadworthy,
2) Petrol is relatively cheap - so costs little to run,
3) Repairs and improvements are also relatively cheap (eg. a recent full respray only cost €900).
4) Most roads are in relatively good condition, and back roads are fairly quiet, so driving on them is a
pleasure,
5) It's only a small Island, so I don't put on a lot of mileage,
6) I can drive it in sunshine all the year round,
7) Insurance (though not cheap) automatically includes Breakdown Recovery.

If its registered in Spain dont you have to pay road tax?

[Tdm]

If its registered in Spain dont you have to pay road tax?

No - cars over 35 years old don't have to pay any road tax.
My wife's 2.0 ltr Honda Accord is only 21 years old, and she has to pay road tax on that,
but it is only €90 a year.

[milothedog]

I wish I could insure mine for it's true value,

but there is no Classic Car insurance in Tenerife

, and if it was written off,
I would only get what the Police think it was worth - in terms of it's age.
It's a gamble I have to live with that it's not involved in a serious accident and has to be scrapped.

That's one disadvantage of living here, but the advantages are :-

1) It will continue to require an MOT (every 5 years) so I know if it passes it is roadworthy,
2) Petrol is relatively cheap - so costs little to run,
3) Repairs and improvements are also relatively cheap (eg. a recent full respray only cost €900).
4) Most roads are in relatively good condition, and back roads are fairly quiet, so driving on them is a
pleasure,
5) It's only a small Island, so I don't put on a lot of mileage,
6) I can drive it in sunshine all the year round,
7) Insurance (though not cheap) automatically includes Breakdown Recovery.

I know of a Stag owner in Tenerife who has a fully comp / agreed value policy

[Tdm]

I know of a Stag owner in Tenerife who has a fully comp / agreed value policy

The Insurance brokers I use, when I asked about such a policy said they knew no-one who did one at present.
The wife's car is insured fully comp with them, but it is not a Classic with an agreed value.
I will ask again when it is next due for renewal, and also enquire elsewhere.

[Paul Kelley]

Going back to the 'what's it worth' point for a mo' I have noticed over the years that a fair number of classics where the asking price is 'full' reappear some months later. In other words, they didn't get the original price and are trying it on again. As ever, the selling price is the one that counts.
PK

[Tdm]

Regarding the comment made in post #8 regarding Classic Car Insurance, I double checked with my Insurance broker and he confirmed it is not available with the Insurance company I am currently with, but I have asked them to shop around to see if they can find someone over here who does do agreed value Classic Car insurance.

Got till July before my current Stag policy expires, so might do some separate shopping around myself.