Classic car status

Discussion and technical advice the SW20 MR2. 3S-GTE, 3S-GE, 3S-FE etc
Anything and everything to do with maintenance, modifications and electrical is in here for the Mk2.

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blueorb
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Classic car status

Post by blueorb »

So when will the mr2 Turbo achieve classic car status.

If I get a rev 2 and people say "You paid how much for a car that age!!"
I can turn round and say "Well its a classic mate!"
Mark Edwards
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Re: Classic car status

Post by Mark Edwards »

It's normally around 20 - 25 years isn't it? A while yet i should think.
blueorb
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Re: Classic car status

Post by blueorb »

oh :shock: :shock: :shock: :shock:

It should be a classic now......thats what I say =D>
Mark Edwards
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Re: Classic car status

Post by Mark Edwards »

If it was my call, i'd agree with you. :D
Quigonjay
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Re: Classic car status

Post by Quigonjay »

i think as far as insurance goes they usually state that a car has to be older than 10 years to be given a classic quote, but genaraly speaking i dont think you can put a length of time on a car becoming a classic. Some cars can become 'instant classics', i'm sure some would argue that was the case with the mr2, but with any car if they have an enthusiastic following theres every chance they will become a classic
Jay
BenF
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Re: Classic car status

Post by BenF »

I know insurers who will offer classic insurance on cars registed in 1995 - so Rev 1 and 2 Mk2s and early Rev3s will definitely count.

What makes a car a classic IMO is the level of interest and enthusiasm around for it - and it is exactly the reason why IMOC exists
StuartLaws
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Re: Classic car status

Post by StuartLaws »

So does 'classic' make it cheaper? Not knowing a huge amount about classic insurance, and it would be good to say that I'm now driving an actual classic rather than a perceived classic that we all know the car is :D :cool:

Not that I'm like everyone else and looking for the best deal on the insurance :D
crazylegs
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Re: Classic car status

Post by crazylegs »

yep classic makes it cheaper but there are drawbacks.gen you will not get any no claims.there is usually a limited mileage if you want it cheap.
you can always insure a small car as a first car just to keep the no claims and have the mr2 as a classic.nothing to say you have to drive the first car or even that it still exists! as long as it is still registered at the dvla you are ok.
Stu Wilson
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Re: Classic car status

Post by Stu Wilson »

I have been giving this some thought recently.I have had classic car insurance in the past with a BMW 635csi and a Lotus elan (old type) and there doesn't seem to be a hard and fast rule about age of vehicle.If the insurers accept it as a classic, then it's a clessic.
The policies are unlike standard policies in that they attract no no-claims bonus but tend to be much cheaper;they usually have an agreed limited annual mileage;an agreed value certificate is issued.
The valuation certificate is issued after submission of vehicle condition evidence (photos,service invoices,etc) and suggested value by policy holder.
It probably wouldn't make a lot of difference to my premium as Gandalf and I were in the same class at school, but you younger guys might want to think about it :lol:
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Lauren
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Re: Classic car status

Post by Lauren »

I think you've got a while to wait yet in all honesty as its only really now that Mk1s are recognised as classic cars.

I would say in 5 years or so you'll likely be able to get an early MK2 on a classic policy.

Really a car should be 20years old to be a 'classic' car, though once you get over 15 some insurance companies will play ball.

For example you can't really say a 1998 MR2 is a classic car and i'd argue that unless its at least pre- 1995 its a no, no. Insurance is a funny thing though and they may well define a 'classic' as anything that does under 5000miles a year. They are a law unto themselves etc.
SFLee
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Re: Classic car status

Post by SFLee »

i also hear that classic car needed to be lock up in garage when not in use
Driftlimits Performance
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Re: Classic car status

Post by Driftlimits Performance »

"You paid how much for a car that age!!"


First, do this :roll:

then ask of another rear wheel drive mid engined car with over 200bhp you can get for under £10k.

Then say, don't like it don't buy, and leave them in your dust :wink:
redeye32uk
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Re: Classic car status

Post by redeye32uk »

There was a company that someone on here passed on to me in Dudley last year that would class my '95 tubby as a classic if it was a 2nd car, doing less than 3000 miles a year and garaged when not in use. Being an old f*rt i've forgot their name but there are companys that will do it under certain conditions....
450wbhp comming soon
splashnatz
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Re: Classic car status

Post by splashnatz »

my 73 bugs on a classic policy ! :D ... about £200 a year ... 3000 miles ... hell, i'd need all year to get that far. from the paperwork with that, seems over 10 years can be classic ... they do seem to like it being a second car though ... oh and the bug isn't garaged ...

and ask 'em what other car with 34 power and rear wheel drive they can get for 2500 and ... oh yeah ..
Joey
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Re: Classic car status

Post by Joey »

Lauren wrote:
I would say in 5 years or so you'll likely be able to get an early MK2 on a classic policy.


There's loads of companies that'll insure a MK2 on a classic policy.
nikaso

Re: Classic car status

Post by nikaso »

Its just a shame the government stopped the rolling 25yr exemption from road tax.

Its frozen at 1973 now, cars before pay no tax, cars after pay full tax. ar$e!

:evil: ](*,)
robnobrakes

Classic Car Status

Post by robnobrakes »

Footman James (my insurers) say that classic car insurance is available when the car is 15 years old. I am currently paying £349.00 fully comprehensive (unlimited annual milage) for my modified Rev 2 Tubby, and that includes breakdown and recovery.
fizz
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Re: Classic Car Status

Post by fizz »

robnobrakes wrote:Footman James (my insurers) say that classic car insurance is available when the car is 15 years old. I am currently paying £349.00 fully comprehensive (unlimited annual milage) for my modified Rev 2 Tubby, and that includes breakdown and recovery.


Some insurance companies accept any MR2 over 10 years old under a classic policy..
Jon S
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Re: Classic Car Status

Post by Jon S »

robnobrakes wrote:Footman James (my insurers) say that classic car insurance is available when the car is 15 years old. I am currently paying £349.00 fully comprehensive (unlimited annual milage) for my modified Rev 2 Tubby, and that includes breakdown and recovery.


I'm with them as well. I think they still insist on limited mileage for their classic policy though. (counts me out) :(
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