1969 Lamborghini Miura P400 S sells for $1.6 million in London
Arguably the most significant sports car of its era, the Miura catapulted Lamborghini into the same league as Ferrari and Porsche. It also made its designer, Bertone’s Marcello Gandini, a household name in the automotive industry. Heralded by many as the birth of the supercar, the Miura looked like nothing else on the road, and its performance was equally impressive. The Miura quickly won the hearts and minds of all who laid eyes upon its exotic shape. With its otherworldly looks and extraordinary performance, the Miura became the car of rock stars, playboys, and wealthy eccentrics alike.
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What kind of auto insurance is right for you?
Daily driver (Stated Value) insurance is well suited for your daily driver car that is depreciating in value, but your custom or restored collector car that is going up in value, needs different (Agreed Value) insurance coverage. Do NOT lump your daily drivers and collector cars on the same policy! In the event of a claim for your collector car, you could be greatly disappointed!
Which auto pre-purchase inspection should you choose?
If you do an internet search for ‘auto pre-purchase inspection’ almost certainly the first Sponsored listing will be Lemon Squad. Lemon Squad has great marketing! Dig a little deeper and search for Lemon Squad reviews and you might decide to keep searching. Whichever auto pre-purchase inspection company grabs your attention, before you hire them, do your due-diligence by reading through all the good, the bad and the ugly reviews online.
In which state should I register my collector car?
In which state should you register your collector car? A great majority of the registrations for collector cars are split between three states: South Dakota, Arizona, and Montana. It can be a little confusing to know which one to choose , so here's a breakdown of each state to give you an idea of the one that’s right for you.
Collector motorcycle needs agreed value insurance
Nostalgia is an up-to-date re-imagination of the fabled 1934 BMW R7. Collector motorcycles require agreed value insurance coverage, not the stated value coverage that daily riders/drivers have. Protect your investment! Get it appraised! More info on the Nostalgia: https://nmoto.com/
What's your definition of a collector vehicle?
When it comes to defining collector vehicles, apparently it's different strokes for different folks. Miura, Pinto, Veyron, Yugo, Agera, Trabant may indeed all qualify! What's the most uncollectible vehicle you have ever owned, that now is considered a collector? Regardless, Auto Appraisal Network of South Florida appraises them all!
Buying a Classic Car online
This article is actually about selling a classic car online, but every seller needs a buyer! If you are buying online, and cannot get up close and personal to kick the tires, be sure to get a pre-purchase inspection from a local Auto Appraiser. In South Florida, we can help! https://www.yumpu.com/en/document/read/63623879/selling-your-classic-car-online
Boat valuation for insurance
Why your boat needs a professional written appraisal. There are two basic types of boat insurance—“agreed value” and “actual cash value”, also known as "stated value." How depreciation is handled is what sets them apart. An "agreed value" policy covers the boat based on its value when the policy was written. While it may cost more, there is no depreciation for a total loss of the boat (some partial losses may be depreciated). "Actual cash value" policies may cost less, but factor in depreciation. Simply stated, the policy will only pay up to the actual cash value of the boat at the time it is declared a total or partial loss. Eventually, as your boat ages, your insurer will probably insist on an actual cash value policy, unless you provide a Replacement Value Appraisal
Buying a collector car from a collection, or the whole collection?
Whether you are buying your first collector car, adding one to you collection, or purchasing the whole collection, we can help with a pre-purchase inspection (PPI) and Fair Market Value appraisal in South Florida.
21k-Mile 1971 Datsun 240Z Series 1 sells on BringATrailer for $310,000
What's your car worth? https://bringatrailer.com/listing/1971-datsun-240z-124/
Video of the Week: A Trio of Bugattis at Speed
https://www.sportscarmarket.com/blogs/videos-of-the-week/video-of-the-week-a-trio-of-bugattis-at-speed-from-passion-of-a-lifetime