Values - SINGER Scenerio ?

[924Srr27l]

In my case the Insurance and PCGB valuations have illustrated they both see that even a classic car that's been dramatically changed & extensively modified has a high value in their professional opinion.

The 'insurance value' is not necessarily the 'market value'. It's not what the car is worth if you tried to sell it - it's the replacement value, like for like, if it was a total loss. So, you would require the insurer to agree to cover the costs you incurred creating your modified example, so that you could go out and replicate it.
The Singer Scenario is slightly different. Singer have an established reputation and their cars have a market value.

Yes both of them are singing off the same Hymm sheet with the same figure:


The Classic Line Agreed Valuation and the Porsche Club GB letter refer to the current "market value" of this vehicle
at thirty five thousand pounds.

Obviously I wouldn't give it away at such a low price, and 2 offers already have been rejected so far!
but at least it's Insured for a reasonable amount in any unlikely event.

Yes it's only the first prototype so far, but further bespoke car's could be produced in the future and
"Square One" could also establish that the UK can produce Unique cars as well, (if not better) than the yanks
and become as infamous as Singer.

R