Bal­anc­ing value & en­joy­ment

Classic Car Weekly (UK) - - This Week -

I send my thanks to Russ Smith for his val­u­a­tion of my Mercedes-Benz 300E-24 in the 5 July is­sue of CCW. I agree with Russ’s fig­ure of £7000 – my agreed value pol­icy with in­surer Foot­man James is slightly more than this.

There is a point I want to make, though. In his sum­mary, Russ says: ‘ The 24,000 miles you have added to it have taken the edge off the price paid’. In the four years I’ve owned the car I’ve en­joyed ev­ery sin­gle mile I’ve driven – I’ve even taken it to Aus­tria for a fam­ily hol­i­day.

I bought the car to en­joy, not as an in­vest­ment and in my view, the fact that I am us­ing it reg­u­larly is the main rea­son that every­thing on board works as it did on day one. So, I may have af­fected the value, but what price should I put on the en­joy­ment? Too many peo­ple look upon old cars for their in­vest­ment po­ten­tial. John Threlfall, Clitheroe, Lan­cashire Couldn’t agree more. What’s the point of own­ing a clas­sic if you can’t en­joy it? – Ed

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