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Topic: 24V Cosworth (Read 701 times) |
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mr._floppy
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24V Cosworth
« on: Nov 13th, 2005, 5:48pm » |
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For sale in the Dundee Courier on Sat.
2.9 24V Cossie Auto , N Reg. , Immaculate Condition , 73K, FSH, £1850.
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brewer
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Re: 24V Cosworth
« Reply #1 on: Nov 20th, 2005, 5:57pm » |
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I'm very puzzled by valuations. My '94 Cossie looks like it came out of the factory last week - not even bumper scratches or stonechips to talk about , now at 74K. I have asked around one or two sales forecourts and they talk about a retail price of £2000 to £2300.
Warranty Direct are adamant that its value is £1200 and they are being generous at that.
How can I make sense of that?
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craig
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AT THE END OF THE DAY,A CAR IS ONLY WORTH WHAT SOMEONE WANTS TO PAY FOR IT,IN MY OPINION THAT IS
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brewer
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Re: 24V Cosworth
« Reply #3 on: Nov 20th, 2005, 6:43pm » |
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True enough.But say I have a breakdown which is covered by warranty.The policy states the total paid out during the term cannot exced the value of the vehicle. The insurer's valuation is rather important here!
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david_molloy
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Re: 24V Cosworth
« Reply #4 on: Nov 20th, 2005, 10:14pm » |
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Hello there
Looks like you've answered your own question.
No surprise given number of getouts such policies usually have in addition to low monetary limits.
I once read the 2pt. font small print on a warranty a couple of years ago and despite the big print making sweeping exaggerations that no one would want to be without the small print made the chance of a claim been "honored" virtually zero. Some warranty!!
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brewer
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Re: 24V Cosworth
« Reply #5 on: Nov 22nd, 2005, 2:04pm » |
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Warranty Direct did in fact replace the gearbox/torque converter but when it came to another claim they only offered £250 toward it because of valuation.That's why I had it valued at some garages.
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mr._floppy
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Re: 24V Cosworth
« Reply #6 on: Nov 23rd, 2005, 5:51pm » |
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I'm always very sceptical at the words sellers use willy nilly like "Immaculate" " mechanically sound " and " 120K miles, but runs like a dream" ( yeah, right!).
When you test drive this " Fully equipped , all the gizmos " you discover that none of the Gizmo's work, it pulls to the left like it's only got three wheels and every gear change is accompanied by a nasty crunching noise and a jolt that the seller claims he will fix when his mate gets the bits.
There are still some good Scorps out there, but, because even 10 year old examples are still rust free and the interiors look good, the rogues ones that should have been scrapped are out there being passed off as "Immaculate " so beware.
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brewer
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Re: 24V Cosworth
« Reply #7 on: Nov 24th, 2005, 8:29am » |
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Mine is , if not immaculate,not far off. No credit to me because I've only had it 6 months. The interior loks new too.
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