Classic car status?

[Joesson]

It would seem that (in part) our cars are on the way to becoming Classics. The age is OK, just got to to get the value up!

A report in Which? gives responses from various insurers as to:

What counts as a classic car?

For tax and MOT purposes, HMRC defines classic cars as being at least 15 years old with a value of £15,000 or more.
Classic car insurers and brokers, however, have varying definitions of what counts as a classic model. Some may consider cars only 10 years of age as eligible.

We've rounded up the classic car definitions from several providers:

Admiral classic car insurance: 'To get classic car insurance, Admiral requires a car to be over 35 years old and under 70 years old.

'This varies depending on which insurer you go with, so it's worth checking whether or not your car is classed as 'classic'. If your car was made before 1940 it will be classed as vintage.'

LV classic car insurance: 'Your classic car is over 20 years old and has a maximum value of £40,000.'

Carole Nash classic car insurance: 'Any car over 15 years old is now classed as a classic and can receive reductions in policy price that reflect the care they're given, and the way they're driven.'

[shnazzle]

My last discussion with a classic car insurer ended abruptly once I started to get into the modifications.

I think classic car insurance seems to be set aside for well-maintained older cars that you're keeping in a good state for the purpose of keeping it in a good condition.

So, that excludes people who bought a car when they were 19 in 1942 and it's still going strong despite spitting rust every time you shut the door or hit a bump. But it also excludes those that have a car that happens to be 20 years old but the modifications suggest(!) that care is an afterthought, after performance.

Basically they assume that if you're clearly modding it for performance or handling for spirited driving, you're accepting the added risk of crashing that that carries. I.e. You're increasing the risk. As opposed to people who keep a classic in a pristine state and do limited mileage, decreasing the risk levels.

It's a low-risk insurance scheme, which is reflected in the price. If they deem the risk higher, then you're out

[delhusband]

Just renewed 2 insurance today. Funnily enough, i went to Footman James for a quote, not interested, Not old enough. I remembered their name because I saw VBH at their stand at the Birmingham NEC classic car show recently  .

[shnazzle]

Just renewed 2 insurance today. Funnily enough, i went to Footman James for a quote, not interested, Not old enough. I remembered their name because I saw VBH at their stand at the Birmingham NEC classic car show recently  .

That's the one I spoke to!
Funny they say not old enough as that certainly wasn't the main blocker at the time. They didn't flinch at the fact that I said 2005. Conversation went merrily on. But I mentioned discussing modifications and they damn near hung up on me

[Ardent]

VBH  .

x2

[jonbill]

My Datsun is with Footman James on a classic policy with a modified engine and agreed value, no problem.
I had my silver 2 with them on a classic policy in 15/16 for a reasonable figure but the year after i think they tried to double it. Maybe that's when they changed their definition of classic.

[Joesson]

VBH  .

x2

Sorry Del and Jason, I'm not keeping up, to what does VBH refer?
Wiki suggests a British motorsport driver and TV presenter, a medical condition concerning excessive breast growth or an Italian Luxury Accessory House.
I am wondering if there is any connection!

[Call the midlife!]

VBH  .

x2

Sorry Del and Jason, I'm not keeping up, to what does VBH refer?
Wiki suggests a British motorsport driver and TV presenter, a medical condition concerning excessive breast growth or an Italian Luxury Accessory House.
I am wondering if there is any connection!

I assumed Vicky Butler Henderson...


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[delhusband]

VBH  .

x2

Sorry Del and Jason, I'm not keeping up, to what does VBH refer?
Wiki suggests a British motorsport driver and TV presenter, a medical condition concerning excessive breast growth or an Italian Luxury Accessory House.
I am wondering if there is any connection!

I assumed Vicky Butler Henderson...

Tony It's Vicki Butler Henderson we're on about 

[Joesson]

Thanks Del. What with that and mistaking the side window frame of a VW camper for a split screen I'm not having a good day on here.

[Ardent]

VBH

[Treboeth]

VBH

https://www.youtube.com/watch?v=kO_CtBe5hB8#action=share

[Ardent]

@Treboeth
Great find. :notworthy: