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Old 28 September 2019, 10:09   #1
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Approx Value - Suzuki DF250 2003

I have a chap wanting to px his Ribcraft which has a 2003 Suzuki DF250 four stroke circa 280hrs from new & serviced last in April 19 & just 20hrs since.

Realistically what would this engine be worth in the open market please ?
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Old 29 September 2019, 14:39   #2
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I have had success asking the insurance company what value they would put on the engine ,after all if it dissapears off the transom ,they will need to pay you out !
its 19.5 k new ,its 15 years old ,and it would poss of had 5 years manufacturers warranty ,
i have seen a post on here but cant find it where insrers use a formulae which loses vat first year then a fixed percentage of the remaining each year after that ,maybe someone else will point in the right direction
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Old 30 September 2019, 02:41   #3
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Quote:
Originally Posted by Orwell boy View Post
I have had success asking the insurance company what value they would put on the engine ,after all if it dissapears off the transom ,they will need to pay you out !
its 19.5 k new ,its 15 years old ,and it would poss of had 5 years manufacturers warranty ,
i have seen a post on here but cant find it where insrers use a formulae which loses vat first year then a fixed percentage of the remaining each year after that ,maybe someone else will point in the right direction
Thankyou
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