Hi all,
I have an R52 Cooper Convertible which I bought privately 15-months ago. It was up for sale for £3,000 but it needed brakes, exhaust, rear hood-to-boot trims and a decent service, so after negotiation, I paid £2,200 for it.
It has lowish miles, had a faulty ignition switch & dead battery 4-months ago, so as I enjoy maintaining my Mini, I have, in the last year replaced:
All discs & pads. (£160)
Exhaust. (£90)
Front shock absorbers. (£245)
Rubber front strut mounts. (£80)
Battery. (£70)
Ignition switch (£90)
Rear hood-to-boot trim rubbers with chrome inserts (£220)
Full service (£100)
Total: £1,055
The car looks great, runs great and just sailed through it's MOT...
But here's the thing, if it got written off or stolen, I expect the insurance company would pay our maybe £1,000 - but to replace the car to the same standard my car is in, with all the new parts etc, I'd probably need to spend around £3,500
Hence asking if anyone knows of 'Agreed Value' UK car insurance for a 14-year old Mini Convertible??
