dr!ft wrote:My parent's do pay for part of the insurance. I know that after my parent's help, my brother pays $75 per month towards his 91 MR2 turbo. I belive it would probably cost the same for me, and will probably get the insurance qutoes today after I get off school. Do I need the VIN's for an insurance quote? Or can I just tell them the make, model, and stuff.
And regarding the vehicle appraisal, is that something I will have to pay? About how much would that cost?
Most places will quote cars without the VINs, but it's more accurate when you have the VIN (less chance of the person doing the quote picking the wrong submodel of MR2). Still, you could probably make do without having the VINs.
As for the appraisal...I'm not sure how much that would cost. Maybe they won't ask for it. When companies insure a vehicle, they normally insure it at what's called Actual Cash Value. That would be the cost of the vehicle when it was new, minus several years of depreciation. In the case of the 280Z, this wouldn't really be accurate since the vehicle is in better than average condition for one of its age and has restoration work done.
So...in some way you and your insurance company would have to agree on a set amount that the vehicle is worth, in case it's totalled, for instance. One way to do that would be to have a Joe Mechanic look at it and say "yup, it's worth $5K in this condition."
Then again, if you say that comparable Z's go for X amount on the market and send them some photos they might be OK with that too. Only way to find out is to ask.