Quote:
Originally Posted by economix
Just an idea, and most folks should apply this thinking at least since our vehicles (240s) are significantly under-valued given the work we put into them. Have your car appraised. Grab what receipts you have, work with the appraiser and let them know the time you have into it and anything else you can think of. You'll ultimately pay more to insure your vehicle, but it puts a greater value on your vehicle should you wreck it or you're put into this situation in the future again, you'll be compensated accordingly.
Just a thought moving forward if you don't want that sort of headache again.
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This guy knows what he is talking about. Don't wait until an accident to address this issue. Talk about it before and get an appraisal before. I personally put together an 11 page pdf document showing parts etc etc etc for my insurance company (State Farm) and therefore if anything ever happens to the car I will get $8,000 no questions asked. Appraisal companies will put the same thing together for you for a couple hundred dollars.