What actuallysets a classiccar's value.
Price guides give you a starting point. What actually sets the number on your declarations page is a combination of documentation, condition, and the market for cars like yours right now.
Originality and documentation
Numbers-matching components, original trim, and a documented history all support a higher valuation than a car with an unclear past.
Condition, not just cosmetics
Mechanical condition and the quality of any restoration work factor in as much as the paint does.
Recent comparable sales
What buyers are actually paying for similar cars at similar condition anchors a figure in reality, not a price guide.
Market momentum
Some models and eras appreciate faster than others. A figure set two years ago may no longer reflect the market.
Understanding what drives value is useful — but the figure that actually pays out on a total loss is the one agreed to and written into your policy, not a running price-guide estimate. See how agreed value works for the coverage side of this.
Get your car'svalue on record.
Tell us about the car and we'll walk you through how the figure gets set.