Originally Posted By Paul Hurst
When I was working in a jewellers (Manager, Kent & Sussex Gold Refiners) the norm for 'standard' items was roughly 'thirds' - if insurance value was 6K, purchase price £2k and retail £4k. For anything that was very unusual (ie modern style & ugly) work out the scrap value of mount and loose stones....


That's very interesting Paul. smile Luckily whilst I am sure that the same principle applies with cars, the percentages are not quite so drastic; at least I hope they're not! scared (and Asbo does as well laugh2 )

Brian

1970 Morgan Plus 8 - Moss Box (Indigo Blue)
2014 Morgan SP1 (Rocket Red)
2015 Morgan Plus 8 (Rocket Blue)