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what is a 98 formula worth

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Old 03-07-2010, 10:40 AM
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Default what is a 98 formula worth

I'm thinking about getting classic car insurance for my 1998 formula.What is a mint condition 98 formula worth these days? Has anybody had their cars insuranced by hagerty or grundy?
Old 03-08-2010, 09:29 AM
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You may not be able to get it. I can't get it here in NC (car must be 20 or 25 years old minimum) and each state is different. Your car isn't worth much in the guide books so you would need to get an 'agreed upon value' if you can get the policy at all. You say your car is MINT but people say that with 100,000k + miles on their car and it just isn't accurate and the car is not worth much except to the owner. Is your car really MINT with ultra low miles?? Only then should you consider looking for that classic car policy as many companies require very little mileage driven per year, garage kept, etc...




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