What is my 1970 Merc Monterey worth?
Hello,
Recently my wife got into an accident with my 1970 Mercury Monterey. It had a
rebuilt engine (its third time), an AAMCO guaranteed-for- life transmission, and
was fully functional. Unfortunately after 300+ thousande miles, it had rust on its
frame and body.
The accident was not my wife's fault, so the other insurance company offered
$550 (and we keep the car) to total the car, with the rust being the reason for the
low figure. This does not seem fair, since it was not a show car, but was in good
running condition.
Do you have any advice on how I go about demonstrating or establishing the
true worth of a vintage vehicle like mine?
Ray S. (can reply to e-mail spiff11111@yahoo.com)