Insuring a Replica

[Crazy Dazz]

Supposing you have a B series, that some bright spark has decided to make into a replica GT, by transplanting all the FPV bits (from a dead GT) including the more powerful motor, tranny, brembos, full interior, etc, etc.

HOW do you insure it? In PRACTICAL terms, its a GT, as in the repair costs would be for a GT, the risks of theft and damage would be the same. BUT it's not actually a GT.
Should it just be insured as a "GT" at the agreed value of what you paid for it?
Or should it be insured as the original and list every GT component fitted as an extra? Would your average insurer even touch such a car?

Obviously if you buy such a car for say $20k, insure it for $40k (because its a "GT") and next week it gets torched, you could be looking at charges of insurance fraud.

NB: I wouldn't be buying this as a GT. I would be looking at it as an XR8 with extras. (But if passers by want to think I have a GT...)

[pottery beige]

It will never be a GT

[Xauterus]

You could probably just insure as a XR8 with an agreed value if you wanted to. You would pay accordingly. I would not be telling an insurance company it is a GT otherwise they will burn you in a claim as you suggested.

[The Yeti]

It is what it is, a modified Bseries falcon, insure it accordingly and you won't have any issues, start calling it a GT and you could be in for a world of pain come claim time

[GasoLane]

Originally Posted by The Yeti

It is what it is, a modified Bseries falcon, insure it accordingly and you won't have any issues, start calling it a GT and you could be in for a world of pain come claim time

Yep, as soon as the Insurance assessor check the VIN and found it was a bog standard B series they'd wipe you.

Although it would be a nightmare listing all the modifications on the insurance form

[Grippy]

Insure it as exactly what it is, an XR8 with GT parts and you won't ever have any problems should a claim be made.

[xisled]

Put it this way, would you insure a commodore as a chev, because it has a chev badge?

Same rules apply. Insure it as what it was prong ally. End of the day it is not a GT.

[Yellow_Festiva]

Several years ago I remember some clown upping the spec of his Ferrari and was exposed somehow, I think by a claim or him filing for bankruptcy and getting it re-possessed.

It's whatever the VIN says + modifications come insurance time.

[cheap]

I think you have a base vehicle + a whole bunch of accessories.

The best option would be to have all the receipts and agree upon an agreed value - also ensure you and the insurance company are clear and on the same page as to what agreed value and amount means. A broker who specialises in custom vehicles would be required too.

[Crazy Dazz]

Originally Posted by Xauterus

You could probably just insure as a XR8 with an agreed value if you wanted to. You would pay accordingly. I would not be telling an insurance company it is a GT otherwise they will burn you in a claim as you suggested.

I've looked into getting some quotes.
SOME insurers now cover all accessories and options fitted (except specific things such as turbos) However I think I would still give them a full list. It's actually more expensive to insure it as an overpriced XR8, than as a GT, so I'm comfortable with that.

[Auslandau]

An XT Falcon taxi doesn't become an XR6 because XR6 wheels were added?

It isnt a GT, no matter how many bits are added. It should be insured for what it is. Bits don't make a GT. The VIN does ....... and you cant change that.

Insure it with 'Mods' is highly recommended.

[Crazy Dazz]

Originally Posted by pottery beige

It will never be a GT

Interesting existential question. Let's hypothetically say that you have two cars; your GT and your dad's pov pack lpg Falcon. You strip each car completely bare, till you have nothing but the carcasses, strip them to bare metal and repaint, but get confused and put all the GT gear on the pov pack carcass, and vise versa.

Which car do you give back to your dad? Which car is the GT? Your dad's car with the 6 and lpg?

Interesting, but irrelevant, as nobody is actually claiming this car is a GT. It is what it is, just happens to look (and drive) like a GT.

[Auslandau]

But that is an absolute no brainer and cannot be disputed.

The GT will be the one with the GT codes stamped on the body. A mangled and destroyed GT with a 6 cylinder ..... but still a GT nonetheless.

[pottery beige]

Originally Posted by Crazy Dazz

Interesting existential question. Let's hypothetically say that you have two cars; your GT and your dad's pov pack lpg Falcon. You strip each car completely bare, till you have nothing but the carcasses, strip them to bare metal and repaint, but get confused and put all the GT gear on the pov pack carcass, and vise versa.

Which car do you give back to your dad? Which car is the GT? Your dad's car with the 6 and lpg?

Interesting, but irrelevant, as nobody is actually claiming this car is a GT. It is what it is, just happens to look (and drive) like a GT.

you play guitar?? a lot of strumming going on

B Series GTs are going for chicken feed $$$.. only a boofhead would consider a mock up

did you get stitched up buying a mock up???

[Bonn]

Shannons - list the extras, they'll typically nip up the insured value.
The bits will be written into your copy of the policy, then get salvage rights.
Worth a phone call.
With our XJS, it's becoming mostly Aston DB7 (which were based on XJS floor pan, chassis anyway) and even though it's in bits, Shannons have done exactly the above.

[Xauterus]

Originally Posted by pottery beige

you play guitar?? a lot of strumming going on

B Series GTs are going for chicken feed $$$.. only a boofhead would consider a mock up

did you get stitched up buying a mock up???

Wow BA GT's really are cheap aren't they. Certainly don't hold their value.

[Auslandau]

UM ..... compared to Euros and other cars, and considering the BA GT is now 10 years old plus, they haven't done too bad at all in the scheme of things.

But, they are still cheap motoring for what you get.

[pottery beige]

Originally Posted by Xauterus

Wow BA GT's really are cheap aren't they. Certainly don't hold their value.

terrible cars, with terrible engines

would not own

[Crazy Dazz]

Originally Posted by pottery beige

did you get stitched up buying a mock up???

Nah, I am looking at an BFII XR8, which just happens to have been tarted up. It's a good price considering the work that has gone into it, much less than an actual GT, comparable with other XR8's.

[deadfish2]

Check engine numbers etc to make sure your not buying a refitted xr8 full of stolen parts?

[Crazy Dazz]

Originally Posted by deadfish2

Check engine numbers etc to make sure your not buying a refitted xr8 full of stolen parts?

I know the history behind it, have seen photos of the donor car they purchased.

It's interesting though. The donor was classified as a "repairable write-off," it had been shunted in the rear. But after purchase they figured out that the whole car was bent. So rather than try to bodgy up the GT, they did what they thought was "the right thing" and put the parts onto a straight body. That decision has cost them a lot of money. To their credit they have never claimed it was a GT, only that it has "all the parts from a GT" and they have priced it accordingly.

I'm not sold though, regardless of how I insured it, I can see a lot of arguments taking place if it were ever in an accident.

[Bonn]

Was looking at GT bits for the XR8, but got the real-deal instead, haven't looked back.

There's something about a car that was assembled at Skunk Works, hand built exotic.

Good luck, whichever way you go, eh.

[pottery beige]

Originally Posted by Crazy Dazz

I know the history behind it, have seen photos of the donor car they purchased.

It's interesting though. The donor was classified as a "repairable write-off," it had been shunted in the rear. But after purchase they figured out that the whole car was bent. So rather than try to bodgy up the GT, they did what they thought was "the right thing" and put the parts onto a straight body. That decision has cost them a lot of money. To their credit they have never claimed it was a GT, only that it has "all the parts from a GT" and they have priced it accordingly.

I'm not sold though, regardless of how I insured it, I can see a lot of arguments taking place if it were ever in an accident.

tart will always be a tart..

touched up, roughed up and passed around with much lols

either the real deal or a nice girl cleanskin XR8 ftw

no one likes tarts

true story

[blackf6]

So basically it is a rebodied GT. Useless these days with data dots and stickers for id plates. Burn the shell and sell the GT parts.

[ebxr8240]

If it was an AC Cobra ?? That's a different story...

[trentski]

Originally Posted by Auslandau

Bits don't make a GT. The VIN does ....... and you cant change that.

I've seen the compliance plates on eBay........

[pottery beige]

and they make great beer coasters

[xisled]

Originally Posted by trentski

I've seen the compliance plates on eBay........

You still cannot change the VIN number, even if someone sells the compliance plates.

You can still register a car without compliance plates.