Thinking of buying a 1985 s RX-7 with only 2000 original miles on it. Seller wants $15,000, I will offer less. My question: Where can I get insurance for $10.000 up for this year car. It is not in the "Gold" Book.??Thanks Trebor.

 

I ended up paying over "blue book" for my car. To get a loan for it I had to have the car appraised. My insurance company would only insure it for "fair market value". If I ever get in an accident, I'm going to try and use that appraisal to prove it's value. That's about the only option I have.

If you're over 25, you might be able to get classic car insurance. There are usually a few restrictions: You must have another car, keep this car in a locked garage, etc, but you can insure the car for whatever dollar value you choose.

Gieco had a branch that offered this type of insurance, but I didn't qualify

 

Ask for gurantied value, where you and the company agree on the value. You will probely have to call several companys before you find one that will do it

 

do not pay 15 grand for a first gen!

-greg

 

with 2000 original miles, you'd better hope that that car got driven every couple months, otherwise all that sitting will have dried out oil control o-rings, water seals, belts, hoses... and pretty much anything else rubber on the car...