According to Virginia and my last personal property tax statement, I think my car is worth $100. They must just use straight depreciation.
I've poked around Craigs List and The Samba, and my mechanic agrees that a fair value is about $5,500.00 as is right now, probably more up to about the $7k - $8k range once I fix the rest of the rust she has (though it'll likely cost me more than $1,500 to fix it
). I think she's insured for $5,500.00 right now, which is roughly what I paid for her + the majority of what it's cost me to repair the previous wear & tear, not including all the money I spent to remove the aftermarket parts & return her to stock. Once I get the rest of the rust done, I'll probably look more seriously at getting an official number.
Speaking of aftermarket, the LAST of her aftermarket stuff is going away this Thursday ... I finally picked up some stock style wheels & hub caps to get rid of the eight spoke EMPIs the last owner put on ... and he did a LOT of other non-stock cosmetic work:
1. Remove bumpers, replace with blades.
2. Paint over the chrome headlamp rings.
3. Replace steering wheel with the wheel from a Porsche 914.
4. Replace seats with seats from a Porsche 911.
5. Replace muffler with a glasspack side pipe & header.
6. Replace stock rims & hub caps with EMPI eight spoke alloys (skinny tires in front, fatties in back).
7. Replace in dash AM radio with a CD player.
8. Replace gear shifter with a Chinese knock-off Hurst.
9. Lower the front end on drop spindles.
Once the wheels are on, everything will be done - even putting an original Starfire AM radio (still works!) back in the dash. Everything looks so much better.
Tons of other bugs there that day, as well as a Thing a guy just bought & brought in for a professional assessment (he got screwed buying a ruster just like I did, just not as badly), and a bunch of T2s.
