Truck Value

jims-terrano · 04-01-2017, 17:16

OK guys how much do you think the following truck is worth.

R plate 1997 Terrano SE Touring LWB with 11 month MOT.

Ta

Thomas61 · 04-01-2017, 17:41

About £3500 (apparently) if its the one I spotted the other day.

zippy656 · 04-01-2017, 19:29

Quote:

Originally Posted by Thomas61

About £3500 (apparently) if its the one I spotted the other day.

That's fantastic! Its more than I paid for mine 12 years ago!!!

Monaro Pete · 04-01-2017, 19:37

Quote:

Originally Posted by zippy656

That's fantastic! Its more than I paid for mine 12 years ago!!!

Thomas-the-Terrano2 · 04-01-2017, 22:29

well suspect the mk2s are the best of all, the 'free' extra power of the intercooler
and on lower specs the insurance was still group 10 as then.

R reg so pre ec94/20 on the towbar regs so could sort a really cool receiver set up.

SE Tourer sounds like top spec.

sounds like we should have a whip round and make it the club's mascot.

Thomas61 · 04-01-2017, 22:33

Quote:

Originally Posted by jims-terrano

OK guys how much do you think the following truck is worth.

R plate 1997 Terrano SE Touring LWB with 11 month MOT.

Ta

Is it one you have seen and considering ?

jims-terrano · 04-01-2017, 22:51

OK I'll turn it around if that was your truck that is being written off, how much would you expect to get for it from the insurance company?

Lazy-Ferret · 04-01-2017, 23:59

Unfortunately the age of the T2's has now got to the point where the book price is basically pointless, as the value they offer has 20 to 30 years worth of depreciation on a relativity low price compared to similar cars at today's prices.

The daft thing is, you can actually sell a functional one, in reasonable condition at well over the book price, and depending on the time of year, sometimes, a lot more.

I would guess the insurance company would be offering about £500 max. If I was to be buying one of that age, and it was in good condition, depending on the mileage, I would probably be prepared to pay about £1500 for it, just based on what I paid for our two, and their respective ages.

RJL Services · 05-01-2017, 01:16

hi
the last time i had the same situation with a insurance company like this i had a nissan serena 2.3d 1998 and they offered me £1000 for it it was a 1998 one i refused their offer they asked me why i refused the price they had offered i had known this vehicle from when it was new and how well it had been maintained prior to me owning it so i said to them to find me a good example in the condition mine was in prior to their client hitting as i entitled to replace it with one of the same condition and they came back with an offer of £1675 which i accepted their first offers are always low my 1999 terrano i value at £1500 + as it has only been welded on the sill and clean underneath only draw back is its lhd and came from France originally but great in europe

RJL Services · 05-01-2017, 01:17

hi
the last time i had the same situation with a insurance company like this i had a nissan serena 2.3d 1998 and they offered me £1000 for it it was a 1998 one i refused their offer they asked me why i refused the price they had offered i had known this vehicle from when it was new and how well it had been maintained prior to me owning it so i said to them to find me a good example in the condition mine was in prior to their client hitting as i entitled to replace it with one of the same condition and they came back with an offer of £1675 which i accepted their first offers are always low my 1999 terrano i value at £1500 + as it has only been welded on the sill and clean underneath only draw back is its lhd and came from France originally but great when i go to holland and belguim which i do 3 times a year April's my next trip truck has been great

Thomas61 · 05-01-2017, 12:52

Do you have the option to buy the truck back if they are offering silly money. If there are parts on there that are worth to you in the ball park of what they are offering then it may be worth considering.
A old house mate did it with is car, brought it back went down to the scrap yard it was held at. Stripped off the parts and sold the rest back to the scrap yard. He never even had to remove it from the yard. The insurance company did pick up the storage fee though whilst it was all been sorted out though.

jims-terrano · 05-01-2017, 14:40

The salvage yard is the other side of the country from me so much as I'd love to get bits off it I don't want to go that far. Also to be honest it sounds silly but I don't know if I really want to see it.
In fairness valuer has offered a good price, I've tried to up the price but they aren't moving although they did say it was my right to reject it and go back to insurance company. My worry is that if I did that could they revalue at a lower price, no idea if they'd be allowed to do that.

Thomas61 · 05-01-2017, 14:52

Quote:

Originally Posted by jims-terrano

The salvage yard is the other side of the country from me so much as I'd love to get bits off it I don't want to go that far. Also to be honest it sounds silly but I don't know if I really want to see it.
In fairness valuer has offered a good price, I've tried to up the price but they aren't moving although they did say it was my right to reject it and go back to insurance company. My worry is that if I did that could they revalue at a lower price, no idea if they'd be allowed to do that.

Nothing silly about that at all. A car is just a car at the end of the day but the most important thing is that your wife is okay and hopefully mending well.

I am sure though that if there are any personal affects that you did not want to loose there would be a member on here able and willing to collect.

perelaar · 05-01-2017, 15:13

To give you an idea, I bought my 1997 T2 (2.7 tdi, SR spec converted to commercial, swb, 176k miles) 2 years ago for 1800 € (about £1500).
Driveable, but since then invested quite a bit in it to keep it on the road.

Mind you - prices here on the continent are a bit higher I think.

RJL Services · 05-01-2017, 15:27

i would think they would have a hard job to offer a lower amount if you have the offer in writing it all depends if you are happy with their offer i always challenge it once i have a offer in writing will you be able to replace it without costing you any more money thats the main point as it was not your fault

04-01-2017, 17:16	#1
jims-terrano Senior Member Join Date: Sep 2004 Location: UK Posts: 12,965	Truck Value OK guys how much do you think the following truck is worth. R plate 1997 Terrano SE Touring LWB with 11 month MOT. Ta

04-01-2017, 22:29	#5
Thomas-the-Terrano2 Moderator Join Date: Dec 2004 Location: Hackenthorpe Sheffield Vehicle: Terrano2 R20 lwb 2.7TDi Posts: 5,234	well suspect the mk2s are the best of all, the 'free' extra power of the intercooler and on lower specs the insurance was still group 10 as then. R reg so pre ec94/20 on the towbar regs so could sort a really cool receiver set up. SE Tourer sounds like top spec. sounds like we should have a whip round and make it the club's mascot. __________________ M6YTB / 20YTB '60' 2010 Ford C Max Zetec 1.6i, black '56' 2006 Jeep Grand Cherokee 3.0TD, silver 2021 Bailey Pegasus Grade SE Turin caravan Smile, its more likely to confuse. One Life, Don't Just Live It, Drive a Nissan, or ...... a Jeep. Owner of Nissan 4x4s 2005 to 2019, and maybe in the future too!

04-01-2017, 17:41	#2
Thomas61 Senior Member Join Date: Sep 2014 Location: Hampshire Vehicle: Terrano but now Honda CRV Posts: 658	About £3500 (apparently) if its the one I spotted the other day.

04-01-2017, 22:51	#7
jims-terrano Senior Member Join Date: Sep 2004 Location: UK Posts: 12,965	OK I'll turn it around if that was your truck that is being written off, how much would you expect to get for it from the insurance company?

04-01-2017, 23:59	#8
Lazy-Ferret Senior Member Join Date: Jun 2012 Location: Sevenoaks, Kent Vehicle: Terrano 2.7TDi SE Touring Posts: 5,221	Unfortunately the age of the T2's has now got to the point where the book price is basically pointless, as the value they offer has 20 to 30 years worth of depreciation on a relativity low price compared to similar cars at today's prices. The daft thing is, you can actually sell a functional one, in reasonable condition at well over the book price, and depending on the time of year, sometimes, a lot more. I would guess the insurance company would be offering about £500 max. If I was to be buying one of that age, and it was in good condition, depending on the mileage, I would probably be prepared to pay about £1500 for it, just based on what I paid for our two, and their respective ages.

05-01-2017, 01:16	#9
RJL Services Senior Member Join Date: Jan 2011 Location: southwest gloucester Vehicle: Nissan Terrano 2.7 2003 Posts: 615	hi the last time i had the same situation with a insurance company like this i had a nissan serena 2.3d 1998 and they offered me £1000 for it it was a 1998 one i refused their offer they asked me why i refused the price they had offered i had known this vehicle from when it was new and how well it had been maintained prior to me owning it so i said to them to find me a good example in the condition mine was in prior to their client hitting as i entitled to replace it with one of the same condition and they came back with an offer of £1675 which i accepted their first offers are always low my 1999 terrano i value at £1500 + as it has only been welded on the sill and clean underneath only draw back is its lhd and came from France originally but great in europe

05-01-2017, 01:17	#10
RJL Services Senior Member Join Date: Jan 2011 Location: southwest gloucester Vehicle: Nissan Terrano 2.7 2003 Posts: 615	hi the last time i had the same situation with a insurance company like this i had a nissan serena 2.3d 1998 and they offered me £1000 for it it was a 1998 one i refused their offer they asked me why i refused the price they had offered i had known this vehicle from when it was new and how well it had been maintained prior to me owning it so i said to them to find me a good example in the condition mine was in prior to their client hitting as i entitled to replace it with one of the same condition and they came back with an offer of £1675 which i accepted their first offers are always low my 1999 terrano i value at £1500 + as it has only been welded on the sill and clean underneath only draw back is its lhd and came from France originally but great when i go to holland and belguim which i do 3 times a year April's my next trip truck has been great

05-01-2017, 12:52	#11
Thomas61 Senior Member Join Date: Sep 2014 Location: Hampshire Vehicle: Terrano but now Honda CRV Posts: 658	Do you have the option to buy the truck back if they are offering silly money. If there are parts on there that are worth to you in the ball park of what they are offering then it may be worth considering. A old house mate did it with is car, brought it back went down to the scrap yard it was held at. Stripped off the parts and sold the rest back to the scrap yard. He never even had to remove it from the yard. The insurance company did pick up the storage fee though whilst it was all been sorted out though.

05-01-2017, 14:40	#12
jims-terrano Senior Member Join Date: Sep 2004 Location: UK Posts: 12,965	The salvage yard is the other side of the country from me so much as I'd love to get bits off it I don't want to go that far. Also to be honest it sounds silly but I don't know if I really want to see it. In fairness valuer has offered a good price, I've tried to up the price but they aren't moving although they did say it was my right to reject it and go back to insurance company. My worry is that if I did that could they revalue at a lower price, no idea if they'd be allowed to do that.

05-01-2017, 15:13	#14
perelaar Senior Member Join Date: Sep 2014 Location: Belgium Vehicle: Terrano II 2.7TDi SWB '97 Posts: 802	To give you an idea, I bought my 1997 T2 (2.7 tdi, SR spec converted to commercial, swb, 176k miles) 2 years ago for 1800 € (about £1500). Driveable, but since then invested quite a bit in it to keep it on the road. Mind you - prices here on the continent are a bit higher I think.

05-01-2017, 15:27	#15
RJL Services Senior Member Join Date: Jan 2011 Location: southwest gloucester Vehicle: Nissan Terrano 2.7 2003 Posts: 615	i would think they would have a hard job to offer a lower amount if you have the offer in writing it all depends if you are happy with their offer i always challenge it once i have a offer in writing will you be able to replace it without costing you any more money thats the main point as it was not your fault