Guest ctcaddy Posted September 22, 2011 Share Posted September 22, 2011 Hi All:I am doing research on a restored 1929 Ruxton Sedan to determine some sort of value for insurance purposes. I've spent days on line but no information on sales or values. One alternative is to value a car that would be considered similar in year and original price range and adjust from there. Suggestions? Any help would be appreciated.Larry Link to comment Share on other sites More sharing options...
alsancle Posted September 22, 2011 Share Posted September 22, 2011 There have been a couple of Ruxtons that have sold at auction in the last few years. More desirable body styles but you can do the usual math of sedan vs conv. You could also compare to L29 sales and add a premium. Link to comment Share on other sites More sharing options...
West Peterson Posted September 22, 2011 Share Posted September 22, 2011 What A.J. said. Nothing wrong with using comparables, either. The L-29 is a great example. Since the Ruxton is rarer, and is quite desirable, it would probably be worth more than the L-29. Link to comment Share on other sites More sharing options...
TG57Roadmaster Posted September 23, 2011 Share Posted September 23, 2011 Depending on the level of your resto (DIY, frame-off, professional restorer), try calling the Nethercutt Collection in Sylmar, CA, to ask if they can give you a ballpark value on their Ruxton Sedan.Larger, taken during the holidays in 2008, the car was at Amelia Island in 2009.So few exist, that's the only one that comes to mind,TG Link to comment Share on other sites More sharing options...
1937-44 Posted September 24, 2011 Share Posted September 24, 2011 The ACD Museum in Auburn had, and probably still does have a 1930 Ruxton. Link to comment Share on other sites More sharing options...
alsancle Posted September 24, 2011 Share Posted September 24, 2011 I'm not sure a museum that happens to own a car will really help determine a value. Take the market value of an L29 sedan in the same condition and double it or add 75%. You will be pretty close. Link to comment Share on other sites More sharing options...
trimacar Posted September 24, 2011 Share Posted September 24, 2011 If I owned a Ruxton sedan, in restored condition, I wouldn't insure it for a penny less than $75K. I have no idea what they're worth, other than the fact that any Ruxton is reasonably rare, and many restored Classic sedans of that era are changing hands in the $40K-60K range, with the occasional higher sale for one that's a superb restoration. Link to comment Share on other sites More sharing options...
Dave Henderson Posted September 24, 2011 Share Posted September 24, 2011 In my personal, and admittedly biased opinion, the Ruxton sedan doesn't have it all over an L29 sedan. The Cord has it aesthetically, and as for rarity, aren't Yugos sort of rare too? Link to comment Share on other sites More sharing options...
Guest ken bogren Posted September 24, 2011 Share Posted September 24, 2011 Here is a link to a page with a few Ruxton auction results from the last several years. 3 1929 models and 1 1931 model. All Roadsters, but might give a little insight.Auction results and data for 1930 Ruxton Model C | Conceptcarz.com Link to comment Share on other sites More sharing options...
alsancle Posted September 24, 2011 Share Posted September 24, 2011 I will stand by my estimate of 75% to 100% more than a comparable L29. Sometimes rarity does drive the price even when it shouldn't. See Exhibit A: the Tucker.I like the L29 more too, but there are probably 10 L29s for every Ruxton. When you get to be the only guy to show up at the Concours with a Ruxton it will drive the price. Link to comment Share on other sites More sharing options...
Guest whildwhun Posted September 27, 2011 Share Posted September 27, 2011 hello ctcaddy we have a 29 ruxton sedan we insure it for $300,000 we came to this value based on recent auction prices. we insure with hagerty and they did not dispute the value at all I think if we were off base on our assesment they may have balked at the insured value. I dont know that the car would sell for this in todays market i hope this helps.So this leads me to ask do you have a Ruxton if so where is it located and what condition is it in we have a fare amount of info on them. Link to comment Share on other sites More sharing options...
trimacar Posted September 27, 2011 Share Posted September 27, 2011 Hi- is that an agreed value insurance coverage, or a stated value?If it's just a value you stated, and you paid the premium on a "stated value" policy, they'll be glad to take your money, but if you have a loss then they won't pay that dollar value, but will debate it with you.......If they've agreed to that number, then you're covered, but just issue of a policy does not mean they "agree". Link to comment Share on other sites More sharing options...
alsancle Posted September 27, 2011 Share Posted September 27, 2011 If we are throwing numbers around I would have said 125 to 200 depending on level of restoration, but then again I'm just throwing numbers around. You are probably high with the 300 as the recent auction results are all for more desirable bodies. The correlation between roadster & sedan depends on marque but if you use the L29 as a guide subtract 50% or more. Link to comment Share on other sites More sharing options...
Dave Henderson Posted September 27, 2011 Share Posted September 27, 2011 $300,000 agreed value? Arson anyone? Link to comment Share on other sites More sharing options...
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