Junker Corvettes
Thread Starter
Le Mans Master
Joined: Jan 2001
Posts: 6,449
Likes: 371
From: Maryville TN
St. Jude Donor '06-13,'16-'17, '19
Junker Corvettes
At todays prices, to get a paint job as least as good as factory paint, would it be safe to say that any Corvette that needed a complete repaint that was a 2001 or older would be considered "totaled" by an insurance company?
Tom
Tom
Melting Slicks
Joined: Jun 2009
Posts: 2,709
Likes: 3
From: Savannah GA
Certainly not if you have agreed value collector's insurance on the car. "Ordinary" insurance, even with "agreed value" might total a car if keyed or otherwise defaced to the point of needing a complete refinish, but if an outfit like Hagerty's... for instance... says they'll cover your car for $17,000, then it's covered for that amount. If you want good insurance for your pride and joy it is available; you need to do some research on actual coverage before you sign up though.
Race Director
Joined: Apr 2009
Posts: 19,294
Likes: 2,754
From: Charlotte NC
From 2001 and older Corvettes have such a value difference...that a repaint could easily cause for it to "total-out". An awful lot has to do with condition and other factors....which and add to the cost of a repaint. General rule ...75% of the vehicles value is the point of where a vehicle will "total out". Insurance coverage..as earlier mentioned...can effect this issue.
"DUB"
"DUB"
Pro
Joined: Nov 2005
Posts: 626
Likes: 0
From: Fresno CA
This is my quandary...... I have a 97 that is in need of paint. The value of the car is about equal to a really nice paint job. I cant justify or afford to spend $5000 and on up for paint. So I'm considering having a Macco repaint done. 
I'll do the disassembly / reassembly. Its a driver and this should be fine for this situation.
I'll do the disassembly / reassembly. Its a driver and this should be fine for this situation.
Race Director
Joined: Apr 2009
Posts: 19,294
Likes: 2,754
From: Charlotte NC
This is my quandary...... I have a 97 that is in need of paint. The value of the car is about equal to a really nice paint job. I cant justify or afford to spend $5000 and on up for paint. So I'm considering having a Macco repaint done. I'll do the disassembly / reassembly. Its a driver and this should be fine for this situation.
I'll do the disassembly / reassembly. Its a driver and this should be fine for this situation.I hope it all goes well.
"DUB"
