My 72 Z was involved in a hit and run

[Carl Beck]

In NY last year the going rate for taxation purposes, of a 1972 Z was about $12K. The DMV looked it up for me when I went to register the car.

Wow!!.. that must mean that the Collectors in N.Y. are reporting far high purchase prices. {of course many #1/#2 examples are sold at $18K to $25K+}

BTW where can I see a copy of Classic Auto Trader with the Z article? Is it a national magazine?

See Attached;

FWIW,

Carl B.

[conedodger]

Consider your adjuster to be a worthy opponent going in. Don't disrespect him by coming to the battle empty handed. First of all, it isn't a bad idea to have an appraisal done every few years on these cars. Have an expert lay eyes and hands on the car and give you a document that outlines his or her credentials and the value of your car. Second, get the classic car value of the car through NADA or Kelley or whomever. All of them if you can and emphasize the high end of the value. Third, get comps. Comps are the asking price of other cars in your cars general area of the same make and model within the year range. So, if your car is a 280Z you could get comps on a late 75 - 78. You can go with 240Z or 260Z values but be prepared to defend your use of these models.

If you come with DATA, the adjuster will most likely be willing to work with you. All he needs to see is an owner with a sheet of paper saying his car is worth a 'potential' $30K and he or she will most likely work with you. The other thing is that they are pressured to settle with you by their own bosses. Usually 30 days is the number I hear. Just refuse. Don't call them back, or if they do get you on the phone just say no.

[slingblade]

Consider your adjuster to be a worthy opponent going in. Don't disrespect him by coming to the battle empty handed. First of all, it isn't a bad idea to have an appraisal done every few years on these cars. Have an expert lay eyes and hands on the car and give you a document that outlines his or her credentials and the value of your car. Second, get the classic car value of the car through NADA or Kelley or whomever. All of them if you can and emphasize the high end of the value. Third, get comps. Comps are the asking price of other cars in your cars general area of the same make and model within the year range. So, if your car is a 280Z you could get comps on a late 75 - 78. You can go with 240Z or 260Z values but be prepared to defend your use of these models.

If you come with DATA, the adjuster will most likely be willing to work with you. All he needs to see is an owner with a sheet of paper saying his car is worth a 'potential' $30K and he or she will most likely work with you. The other thing is that they are pressured to settle with you by their own bosses. Usually 30 days is the number I hear. Just refuse. Don't call them back, or if they do get you on the phone just say no.

I met him in the driveway with a copy of the auto trader that has the 240z on the cover, 8 pages of printed out 240z's for sale and what they were going for, and NADA printed out on the high and low of 240z's. He was very fair on the look over on my car. I will be honest the paint is fading and i have bubbling and he gave her an "average on paint. and "above average on interior and mechanical". It is probably more that I DIDN'T cause the accident and I am injured. That and he had NEVER adjusted a 72 Datsun 240Z and was digging the little car. That being said, I won't accept some lowball offer from them.

[slingblade]

well I was going to get 7500 for my car....miles were wrong instead of 117k was 217k, BUT< I still got 6k I paid 1100.00 for! Bought a new ride tonight, 1975 Monza 2+2 factory v8/4 speed car. Interior looks brand new, has factory tack and gauges instead of idiot lights. the little v8 blew up years ago so has a 350 in it. Relatively new cragers and new tires. 5 lug, a glove box FULL of service done to the car from 1985 up. Had the entire 4 speed rebuilt in 95. Car is straight as can be. No rust in the floors or anything more than some surface rust in some scratches. Factory ac car(missing compressor).

[zed2]

Are you planning to purchase the 240Z back from the insurance company once they "total" it? There may be some local Z owners who can use some of the parts in their rebuild projects.

Keith

[slingblade]

Are you planning to purchase the 240Z back from the insurance company once they "total" it? There may be some local Z owners who can use some of the parts in their rebuild projects.

Keith

They offered it to me for 1100.00 If anyone wants to buy it I will contact the agent he would probably still sell it to me. Car is fixable and he will give me a NON salvage title. I have pics of the car before accident. TONS of good stuff on it. I just couldn't see taking 6k, buying the car back, spending lord knows how much, and ended up where I was before the wreck. I liked the car but I am back to my comfort zone...small car with a chevy v8.

Edited December 23, 2010 by slingblade