Right so I'm renewing my insurance through Adrian Flux, and I've had a few issues regarding my agreed value, long story short they have offered way less than I asked for.
Has anyone got paperwork or list price for the tte turbo conversion?
Im struggling to prove the cost and rarity as there's nothing to compare against s:? :? s:?
I did speak to whifbitz and got a price from them a couple of years ago for a drive in price for their turbo conversion which is a similar power to the TTE I think.
This could be a comparable and was about £4400 2 years ago ish?
Don't suppose you got that in writing by any chance ?
Minus the labour charges I expect that would be around the £3000.00 mark, does that seem fair?
It was on an email so I may be able to find it tonight. Prices will no doubt have gone up though.
If you had to recreate yor car, shouldnt the labour costs and set up be included in the valuation though?
I'm with flux and have an agreed value. Take plenty of pictures of your car showing the mods fitted.
Quote from: "Topdownman"It was on an email so I may be able to find it tonight. Prices will no doubt have gone up though.
If you had to recreate yor car, shouldnt the labour costs and set up be included in the valuation though?
That would be great if you could.
When I gave him the cost he asked if I had included labour, I told him I hadn't and he said that was correct. So I presume not.
Quote from: "s12vea"I'm with flux and have an agreed value. Take plenty of pictures of your car showing the mods fitted.
Did that, sent more pics than they requested.
The problem is proving the worth of the tte setup, to them I guess it's just a garrett turbo worth a few hundred quid s:? :? s:?
This is from an e-mail I received on 18/04/2015;
From: Garage Whifbitz <sales@garagewhifbitz.co.uk>
Sent: 18 April 2015 08:17
To:
Subject: RE: Toyota MR2 turbo prices.
Hi Simon,
Total for the turbo kit is £3066 including ecu and map for it. There is a small chance of a clutch being required, so far as haven't had to fit any though, the stock clutch takes it.
Fitting would be £1200 inc VAT.
Thanks
Paul
Tel: 01291 420500
Email: e http://www.garagewhifbitz.co.uk (http://www.garagewhifbitz.co.uk) m
Brake pads: m http://www.porterfieldbrakes.co.uk (http://www.porterfieldbrakes.co.uk) m
Titanium Exhausts: m http://www.tiexhausts.co.uk (http://www.tiexhausts.co.uk) m
I am surprised though about the fitting costs not being included because they would have been when having this fitted by the toyota dealer. This is not like just bolting some wheels on is it?
Any chance of finding an original sales brochure/price list showing the Mr T price?
You could do a comparable version with se7en.. they bill £4700 for a walk in service... Supercharger/turbo charger ... I'm not sure an insurer would care about the difference? It's a degree of labor and parts?
That's great mate thanks.
Yeah I'm hoping someone will have a brochure with prices or better still an invoice from sp for the installation on theirs.
Well the valuation is so far off I wonder if the lad may have got confused, if I were to write the car off I would need to pay to have it fitted to another one so surely it should count. I wonder if as it's an aftermarket item that labour doesn't count s:? :? s:?
Strange thing is s12vea has his policy through them, and he has an agreed policy valuation of more than I asked for no problems, i don't get it!!!
First off this is quite disappointing.
I thought the whole point of agreed valuation is that you took loads of pictures to show condition and mods. You tell them what the car is worth and then they calculate a premium.
If they're going to tell you how much it's worth then it's a bit cheeky.
We all know that TTE kits go for around 2.5k secondhand but were a 4k option from new.
Don't know if this Evo review could help it gives specs and pricing
m http://www.evo.co.uk/reviews/6431/toyota-mr2 (http://www.evo.co.uk/reviews/6431/toyota-mr2) m
On the other hand it isn't hard to replicate.
The cast manifold is the trickiest thing to come by the rest of the parts are readily available and piggyback ECUs are pretty cheap these days.
Obviously it would have the kudos of a proper TTE turbo.
This also maybe
m https://www.pistonheads.com/news/genera ... -mr2/14678 (https://www.pistonheads.com/news/general/silverstone-performance-mr2/14678) m
Quote from: "jvanzyl"You could do a comparable version with se7en.. they bill £4700 for a walk in service... Supercharger/turbo charger ... I'm not sure an insurer would care about the difference? It's a degree of labor and parts?
They haven't even offered me that much for the car in total s:) :) s:)
How about this one from Autocar
m https://www.autocar.co.uk/car-review/to ... -mr2-turbo (https://www.autocar.co.uk/car-review/toyota/first-drives/tte-toyota-mr2-turbo) m
Ask them what value they would agree on a BBR Turbo M X 5?
That's a similar car but much more common.
Thanks scotte.
They sent an email that said i can take it to an independent mechanic (not someone who knows the car) for a valuation at my own cost. But like I said to the lad on the phone, if I don't take it to someone with knowledge of these cars they won't know what they're looking at so the valuation is worthless. I have pm'd their affiliate on here hopefully I can get it sorted.
We should have a club approved valuation process. I would like one to validate and strengthen my cars value should something happen.
Quote from: "s12vea"We should have a club approved valuation process. I would like one to validate and strengthen my cars value should something happen.
That would be nice.
I'm not sure how it works, but I do know someone who does.... The President of the Mazda Rotary Club UK does insurance valuations for Mazda RXs.
I can find out what the process is for you if you like?
You can get an independent valuation from a company like Laird.
Just post it on the Facebook page and they'll tell you it's worth £50.
It's typical of an insurer to want everything in their favour, years ago I was looking at a GLS Sapphire against the Ghia version. Same cars performance wise, GLS with Cosworth inspired sports looks and rear spoiler. Because the Ghia was all leather and heated seats etc they were wanting way more for the premium.
So the same should apply to your valuation, cost to replace/repair to the original standard.
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I don't think I should have to pay for an independent inspection if I'm honest. I've paid an additional premium for the agreed value cover as it is. S12vea got his cover from them without one, so how come I can't ? very confusing as it's the same company.
Quote from: "wotugonado"I don't think I should have to pay for an independent inspection if I'm honest. I've paid an additional premium for the agreed value cover as it is. S12vea got his cover from them without one, so how come I can't ? very confusing as it's the same company.
Tell me about it.
I was raped when I swapped turbo for V6.
Simple fact is that if you need to claim, the fee you paid for a proper independent valuation will have been with it. It takes away the opinion of value argument. Value is as formally agreed.
Thanks for all the help people.
I sent all the info in this thread over to them and they still won't budge.
It will cost a nice juicy 60% of the premium to cancel a 3 week old policy, after they reneged on the agreed value price. Nice work if you can get it.
Quote from: "wotugonado"Thanks for all the help people.
I sent all the info in this thread over to them and they still won't budge.
It will cost a nice juicy 60% of the premium to cancel a 3 week old policy, after they reneged on the agreed value price. Nice work if you can get it.
If you feel they're in the wrong go to the insurance ombudsman.
As always it's better to have all this sorted before renewal time.
Hindsight!
I am not looking forward to quotes on a supercharged V6.
They may turn me down flat.
I picked up 3 points in the summer and although they made no changes when I informed them I'm sure they will come renewal in March.
Having said that I'll be declaring more mods this time anyway so I'll just take the hit as a total.
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It's just been a series of crappy events if I'm honest. I took out the policy as I thought the agreed value would be at the amount spoke about with their rep on the phone, and they'd just say ok then charge me the additional premium. But no, they send it off to be assessed and it's at the underwriters discretion. At this point you've paid your premium and they've got you by the short and curlies. Didn't help that their software didn't work and the uploaded pictures didn't reach them, which delayed the process past the 14 day cooling off period.
V6 supercharged mr2 s:D :D s:D I'd expect it's so niche you will need an independent valuation s:crazyeyes: :crazyeyes: s:crazyeyes:
Quote from: "Call the midlife!"I picked up 3 points in the summer and although they made no changes when I informed them I'm sure they will come renewal in March.
Having said that I'll be declaring more mods this time anyway so I'll just take the hit as a total.
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Usually they've been fine on mods etc (not sure on points) so you may be pleasantly surprised. Agreed value......... yeah not so much
If it's their error they should honour the cooling off period.
I will be avoiding the agreed valuation. It was something I considered before but no more.
I can strip most of the really expensive bits in case of right off anyway.
They've offered to reduce their admin charge a bit to take into account the software failure s:lol: :lol: s:lol: s:lol: :lol: s:lol:
This is all rather disapointing from a specialist insurer. I am a customer of theirs too, and have just renewed my agreed value policy. It has taken since early November for them to send the paperwork, process it and return the finalised policy yesterday. On the plus side the premium did not increase.
I changed from Chris Knott two years ago as they told me that they did not offer agreed value policies. I queried this on their win a free something or other post this week and was pleased to find they now offer agreed value policies. Though I was puzzled when they said they always have offered them...
I will certainly get a quotes early at renewal time, as if Adrian Flux had declined or changed their value rating of my car, I would now be in the same position as Wotugonado as I paid the full premium back in November. I think the Ombudman would have found in my favor as the 'phone records would support me fully, however I don't really want to get into that type of protracted arguement if I can avoid it.
Wot you going to do now Wotugonado? How much is an Independant valuation? I would expect with a few calls around your area you will find a performance type garage who will be able to give you an accurate valuation.
Quote from: "wotugonado"Quote from: "Call the midlife!"I picked up 3 points in the summer and although they made no changes when I informed them I'm sure they will come renewal in March.
Having said that I'll be declaring more mods this time anyway so I'll just take the hit as a total.
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Usually they've been fine on mods etc (not sure on points) so you may be pleasantly surprised. Agreed value......... yeah not so much
Yeah, I've declared 2 things mid policy and had an admin charge but no real policy increase, which is why I'm waiting to fit and declare until renewal.
They did increase my premium when they found out about a previous speed awareness course though.
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Mr Two - it's a massive fiddle imo, if you were awaiting their decision since November then effectively you've been driving around on a standard policy whilst they've sorted out the paperwork. If you had an accident then you'd have got book price, not what you agreed, according to my understanding of my paperwork.
Greenlight insurance looked at the pictures this morning and offered my agreed value immediately, I've just got weigh up what's best way forward at this moment in time.
Quote from: "wotugonado"Mr Two - it's a massive fiddle imo, if you were awaiting their decision since November then effectively you've been driving around on a standard policy whilst they've sorted out the paperwork. If you had an accident then you'd have got book price, not what you agreed, according to my understanding of my paperwork.
Greenlight insurance looked at the pictures this morning and offered my agreed value immediately, I've just got weigh up what's best way forward at this moment in time.
You are quite right, I would have been under insured. I was continually told - following my'phone calls - that "we are so so sorry and the forms are being posted today" but of course it turns out that this was completely untrue!
Greenlight is another option, though more expensive in their quote to me. Still I might forgo a few pounds next time to have better service that will not require five lengthy phone calls and a two month delay... Have you tried Chris Knott?
Dont know whats happened to flux this year, they're like a totally different company to deal with.
Not the mr2 this time but my missus car, her old one broke, so we bought a new one, had to do a mid term policy change and they hammered us. Nearly £200.00 more than anyone else, including their admin fees.
Wouldn't give an exact figure on the new car insurance premium, told her its roughly just over £400.00!!!!!! got off the phone did the maths it was over £500.00.
£250.00 to cancel the policy baring in mind its only been 3 months and shes already paid 3 monthly instalments, works out nigh on virtually the whole yearly premium (:< >:) told us the credit company charged a cancellation fee, thats why its so expensive, rang the credit company and was informed that was total bullsh!t they didn't charge anything.
In the end had to involve the ombudsman, and 4 lengthy calls later, got the premium down to what it should be, dont get why they think they can screw over regular customers like this. It's a shame as they used to be really good...... cant see us using them again i'm afraid.
Quote from: wotugonado on March 22, 2018, 13:11
Dont know whats happened to flux this year, they're like a totally different company to deal with.
Not the mr2 this time but my missus car, her old one broke, so we bought a new one, had to do a mid term policy change and they hammered us. Nearly £200.00 more than anyone else, including their admin fees.
Wouldn't give an exact figure on the new car insurance premium, told her its roughly just over £400.00!!!!!! got off the phone did the maths it was over £500.00.
£250.00 to cancel the policy baring in mind its only been 3 months and shes already paid 3 monthly instalments, works out nigh on virtually the whole yearly premium (:< >:) told us the credit company charged a cancellation fee, thats why its so expensive, rang the credit company and was informed that was total bullsh!t they didn't charge anything.
In the end had to involve the ombudsman, and 4 lengthy calls later, got the premium down to what it should be, dont get why they think they can screw over regular customers like this. It's a shame as they used to be really good...... cant see us using them again i'm afraid.
Similar story when I swapped the turbo to V6 mid policy.
Proper abuse.
Interesting story about the credit company and their charges.
I was told the same and swallowed it. So I have basically been defrauded.
They are very lucky I am lazy or I would be taking them to court.
Thanks for the heads up Dan.
Time to remove these guys from our list??
I think they know they've got you over a barrel. They know its not cost effective for you to cancel the original premium at 60% cost of total premium, so they try to charge you a higher rate on the new quote (which is obviously over inflated) but less than cancelling the whole policy and starting again elsewhere.
The credit people probably charge the total interest fee, but no cancellation fee.
Even so It doesn't amount to £250.00
ombudsman has a consumer's story on the website, Basically saying that they shouldn't really charge you for more than you've used eg cant charge you for the remaining 9 months if you've only used 3 months. Admin charge of £50.00 is acceptable but extra charges for something not yet used should be refunded.
It is a long winded faff upto 8 weeks if you pursue it, but really if this has happened to you, it may be worth considering.
Like moneys not hard enough to come by without being held to ransom at every turn.
@Carolyn (https://www.mr2roc.org/forum/index.php?action=profile;u=22891) the thing is, they're different with with different customer's. A fellow member on here, with a similar spec car got a great deal with them no hassle, agreed value he wanted, no problems.
Then i've had 2 separate issues, where they've tried it on massively ::) dont get it
Never used Flux as they have never managed to give me an even remotely competitive quote