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Official valuation of a Zed - Insurance requires details..????

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Pigford
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#1 PostAuthor: Pigford » Fri Apr 28, 2006 6:16 pm

Whats the score with the club giving a written valuation on a bike? my insurance co. want a valuation to guarantee my bikes insurance .. erm.. value!?
How is it done, and does it cost much?????

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Davy Doherty
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#2 PostAuthor: Davy Doherty » Fri Apr 28, 2006 6:24 pm

Yes send me ?50 and i'll do it for you.

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Pigford
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#3 PostAuthor: Pigford » Fri Apr 28, 2006 6:27 pm

I'll have you ONLY pip as well... bargain at ?50.... see you at my house first thing with valuation & the invoice!

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davejames
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#4 PostAuthor: davejames » Fri Apr 28, 2006 9:57 pm

Pigford, send Jerry a personal message I think he can give you a club valuation for insurance purposes.

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Garn 1
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#5 PostAuthor: Garn 1 » Sat Apr 29, 2006 10:53 pm

Pigford, you raise an interesting question. Who values these classic machines for insurance? With respect to Jerry, how would anyone become a value assessor on these Zeds? Surely it just a wild ass guess or an educated guess, based on previous purchases of similar machines?

The insurance companies don't mind, the higher the value the more the premiums. Then, when you have a claim they challenge the validity of the assessed value or possibly the credentials of the assessor!

RegardZ.

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DogsbolloxofZ1B
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#6 PostAuthor: DogsbolloxofZ1B » Sun Apr 30, 2006 6:57 pm

I spoke with a guy, neigh a dick-head, at last years Stafford County Show who declared himself a valuation 'expert' for VJMC & he advises CN etc. I asked how much he though a DogsBolloxofaZ1B would be worth & he said................wait for it......................... ?5-6K max. I said "you gotta be furkin jokin" it would cost you at least that in labour and vastly more on NOS parts. I guess I'll find out when I come to sell it. LOL

Mike

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Davy Doherty
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#7 PostAuthor: Davy Doherty » Sun Apr 30, 2006 8:23 pm

Jezz the more i hear about these vjmc tossers the more don't like them. Maybe if you had said how muck is a Hond" CB 750 worth fully restored you'd have got a different answer

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paul doran
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#8 PostAuthor: paul doran » Sun Apr 30, 2006 9:17 pm

don't know if you accurately value a Zed as price's are so high for good quality one's
as for calling the VJMC tosser's they are generally not a bad lot after all they are keeping classic Japanese bike's at the forefront of the vintage bike scene
they may have a different agenda than us as we specialise in the Zed mainly whereas they do all Jap make's

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chrisNI
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#9 PostAuthor: chrisNI » Sun Apr 30, 2006 10:12 pm

It was the local VJMC that organised the Ballymena show you were at Davy.

gbh
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#10 PostAuthor: gbh » Tue May 02, 2006 12:01 am

DogsbolloxofZ1B, the so called "expert" was probably hoping you had no idea of the real value and hoped to get it from you for nix. I can't blame him......beats being seen on a H**da :-)

stormin norman

#11 PostAuthor: stormin norman » Tue May 02, 2006 12:34 pm

Dont know much about the VJMC, however we shouldnt be knocking them they obviously have a place their membership speaks for its self. we dont all march to the beat of one drum thankfully.

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Bruce Sexton
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#12 PostAuthor: Bruce Sexton » Tue May 02, 2006 12:50 pm

I've got a clubs valuation letter from a few years ago which CN accepted wand states in certificate with no problem including ?500 worth of spare parts in garage which was never asked for. Premium for Z1a and Z750S is normally around ?250 for both living in Essex.

Bruce

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Rickman CR
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#13 PostAuthor: Rickman CR » Tue May 02, 2006 9:42 pm

Feck thats dear, do you live next door to a chav...lol


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