where to get a market valuation in chch

xr650r
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where to get a market valuation in chch

Postby xr650r » Sat Jul 10, 2010 12:22 pm

hi can anyone reccomend a lmvd in chch to get a market valuation done for my surf

my insurance co says the market valuation is only 4700 and i need to provide a valuation if i want it covered for more

its a 91 surf with holden 3.8 on 33 12.5 15 tyres so hopefully i can get a valuation a bit more then that

QUADRACER
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Re: where to get a market valuation in chch

Postby QUADRACER » Tue Jul 13, 2010 8:39 am

Micheal payne, he does the valuations for most Insurance companys in ChCh 0274324325

cheers
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rowinz
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Re: where to get a market valuation in chch

Postby rowinz » Wed Jul 14, 2010 9:51 pm

any idea of cost? Need the same.
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loppee
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Re: where to get a market valuation in chch

Postby loppee » Wed Jul 14, 2010 11:13 pm

Yeah me to my insurance company has me Zuk valued at $1800 but theres $8000 worth of parts on it.

Twodiffs
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Re: where to get a market valuation in chch

Postby Twodiffs » Fri Feb 18, 2011 8:11 pm

An oldish thread but is Mike Payne still the best guy to see or does someone have more uptodate info for vehicle valuation in ChCh?

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Heath
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Re: where to get a market valuation in chch

Postby Heath » Fri Feb 18, 2011 9:55 pm

Can you get a buyback clause and purchase the wreck or get a clause allowing you to remove the extras not covered in the insurance before it is disposed of?

Been thinking about this myself, is there a buy back clause? :?

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wjw
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Re: where to get a market valuation in chch

Postby wjw » Sat Feb 19, 2011 11:38 am

You need a buy back clause or agreed value.
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Re: where to get a market valuation in chch

Postby QUADRACER » Mon Feb 21, 2011 4:46 pm

agreed value is still only 20% above market rate, most companies will let you cash settle on repair costs.If it becomes a total loss is will need to be de reg.
ie repairs are $8000 valuation is $7500. cash settle with assessor on $5000 cash and retain wreck.
if you cannot agreed on wreck price with assessor, all wrecks will be sold at Auction, then you have to deal with the rest of us who know the true value.
example Pete had spent $60,000 on his truck, the market for this was $26,200 had it been valued it could have been anything
one off builds are hard to put a value on as every one has there own opinion of true worth.
And yes I do work for an Insurance company, so have insight into day to day operations.
retired 4wd to a ford ranger and UTV

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