Managing Director – Bridge Classic Cars
[vc_row][vc_column][vc_column_text]In the Bridge Classic Cars workshop this afternoon we welcomed a stunning 1974 De Tomaso Pantera for an insurance valuation assessment.
Quite often insurance companies require advise from an independent valuer, this can be a Car Club Official, Restorer, Valuer or Specialist Dealer. With the classic car market changing so rapidly it is important for insurers to understand the true value of the vehicle, not only for themselves but for the vehicle’s owner too.
There’s many different scenarios to be aware of. This example isn’t the only one but it’s a simple one to understand:
If your car is very rare, you know yourself it is worth £30,000 but the only one that is found on the internet in a search sold 2 years ago for £20,000. An insurance company only has this information to go on, therefore they may consider your car to have a market value of £20,000. An independent valuer will be able to assess it on it’s current condition and the current market value of similar vehicles and will be able to provide a more accurate and trusted valuation.
Our 1974 De Tomaso Pantera has arrived today for an insurance valuation. A full inspection has been carried out by the team and all findings have been recorded. This information will now be relayed to the insurance company and a more accurate figure can be agreed.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_gallery type=”image_grid” images=”10154,10155,10156,10157,10158,10159,10160,10161,10162,10163,10164,10165,10166,10167,10168,10169,10170,10171,10172,10173,10174,10175,10176,10177,10178,10179,10180,10181,10182,10183,10184,10185,10186,10187,10188,10189,10190,10191,10192,10193,10194,10195,10196″][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]I think it’s safe to say this De Tomaso Pantera made a lot of people very happy today as it drew quite the crowd; with the guys at Wilco and FastFit popping by to say hello, even Andy and Pete came down from Bridge MOT to have a little look too.
The crowd seemed to gather before the car even arrived but I guess they knew it was coming, I think the fact we heard it from around the Asda area helped!!
…and by the way, if you own a De Tomaso Pantera yourself and are wondering it’s worth, don’t worry, the hypathetical story above does not relate in any way.[/vc_column_text][/vc_column][/vc_row]
