Menu

Blog

Vintage Auto Insurance: Diesel, a Love-Hate Story

Vintage Auto Insurance: Diesel, a Love-Hate Story

For decades auto makers and consumers have had a love-hate relationship with diesel engines. A true product of necessity, diesel vehicles have had a long history as commercial and industrial vehicles due to their durability and endurance. However it wasn’t until the late 1970’s when diesel engines became more of a consumer choice. While their rise and fall in the consumer market was rapid, auto markets have recently seen a growing surge of collector interest is these hard to find “modern classics”.

The first diesel automobile engines are accredited to the Mercedes-Benz 260 D available to consumers in 1936. Nearly 2,000 were produced through 1940 after which time consumer production halted to focus on military manufacturing. After World War II, the production of diesel engined vehicles was resumed with the Mercedes-Benz 170D n 1949. While they were very economical, consumers were largely unimpressed with the lack of speed, horsepower and performance diesel engines offered, as such many early diesel models fell to the wayside. Few of these models remain functional and intact as many fell victim to deterioration over the years, making diesel consumer Mercedes models rare and valuable collectibles. Mercedes eventually shifted their production of diesel vehicles to the commercial market, were many models were created for taxi, delivery vans and other work uses.

In 1967, the world’s first compact, high-speed diesel car was introduced as the Peugeot 204BD, however diesel engines did not fully gain popularity among consumers until the first fuel crisis that followed the Arab oil embargo of 1973. In a time when fuel prices were skyrocketing and shortages were abundant, diesel vehicles offered an affordable and spacious alternative to the compact gasoline models of the time and the clunky gas burning sedans that had nearly single digit fuel milage. While many diesel model sold well at the time, they were quickly replaced when the fuel crisis ended as consumer preferences changed.

Interest in diesel vehicles has seen a slight resurgence in recent years as consumers look for alternative to traditional gasoline as prices continue to rise. Many older diesel vehicles have been repurposed into bio-diesel compatible eco-friendly daily drivers. Other auto enthusiasts have begun to recognize the diesel cars of the past as collectables worth preserving and seeking out.

Whether you are into diesel classics or high powered gasoline performance machines, we can help protect your antique, vintage, classic and exotic rides with the vintage auto insurance you need. At Condon Skelly we write policies specifically designed for the classic, vintage and specialty vehicles. We strive to keep the insurance classic car owners need affordable so that you can spend more time on the road. Our policies cost about 60% less than standard auto insurance companies, and they’re designed specifically for unique needs of classic and collector cars. While many vintage auto insurance policies restrict usage to 6 months, we make sure you get the most enjoyment out of your vehicle by removing mileage caps. To learn more about us and our specialty vehicle insurance programs, contact us today at (855) 735-2844.

Classic Car Insurance: Large Collection Auctions Find Rarities

Classic Car Insurance: Large Collection Auctions Find Rarities

 

Auto enthusiasts are gearing up for the latest in a string of high profile, large lot auto auctions. On February 27th and 28th, Mercum Auctions will be hosting and orchestrating the sale of more than 230 cars on from the Rogers’ Classic Car Museum in Las Vegas. The vehicles were amassed by late collector Jim Rodger’s over the course of his life and housed in the museum which was designed to “represented the American working man’s climb to success” according to his widow Beverly Rogers.

According to Mercum, all vehicles will be sold “as is” on site. While all the autos have been maintained outwardly and aesthetically, many of the vehicles have not been started or driven in many years, the auctioneers note. As such will likely need service attention and light mechanical work to fully restore the pieces to working order. According to reports, some vehicles may even be in mid-restoration condition, as parts of the collection were undergoing restoration or being refurbished when the museum closed it’s doors.

Still antique and classic car collectors are anxious for the upcoming auction. Pieces in the collection range for antique to modern exotic machines. Some of the most anticipated pieces include a 1915 Ford Model T, various early Cadillacs, a rare 1956 Dual-Ghia convertible, and a 1962 Rolls-Royce Mulliner Drophead Coupe.

Large collection auto auctions are becoming increasingly common. Earlier this year RM Auctions announced it would sell 75 vehicles from the collection of Paul and Chris Andrews with highlights including a 1935 Duesenberg and a number of other gems, according to Motor Authority. Similarly, a 100-car collection discovered last December in France unearthed a number of rare European sports cars. Many of the vehicles had suffered damages and deterioration from neglect and non-use, however collectors were still eager to scoop-up the 60 autos that actually made it to the block. Many of these large collections have countless diamonds in the rough just waiting to be restored to their former glory. Some industry experts believe that perusing these estate-like sales might become the modern equivalent of stumbling upon an illusive barn find.

At Condon Skelly we write policies specifically designed for the classic, vintage and specialty vehicles. We strive to keep your antique and classic car insurance costs low so that you can spend more time on the road. Our policies cost about 60% less than standard auto insurance companies, and they’re designed specifically for unique needs of classic and collector cars. While many classic car insurance policies restrict usage to 6 months, we make sure you get the most enjoyment out of your vehicle by removing mileage caps. To learn more about us and our specialty vehicle insurance programs, contact us today at (855) 735-2844.

Auto Shop Fire Causes Major Vintage Auto Losses

Auto Shop Fire Causes Major Vintage Auto Losses

 

Classic, vintage and specialty vehicles can be worth a great deal both financially and emotionally. Many owners invest their time, energy and hard earned money into perfecting and restoring their vintage rides. But accidents happen, and you can’t always prepare for them.That’s why having complete vintage car insurance is so important.

Imagine taking your prized vintage car into the shop to have some clean up and restoration done only to get a call from the shop owner saying that there has been an accident. That’s exactly what happened to auto owners in San Jose, California after a five alarm fire broke out in a building which housed a restoration auto shop that specialized in upholstery and a audit system instillation shop. While the fire was believed to have been an accident, the devastation was vast. According to local police officials the contents of the building were a “complete loss” including one collector’s ten vintage vehicles being garaged in the shop.

Finding the right coverage at an affordable rate can be challenging. Collectable vehicles have very different insurance needs than the average new vehicle and driver. One such need is the option for a policy structured upon an Agreed Value. Agreed Value auto insurance ensures that vintage auto owners will receive a vehicle’s full value in the event of a total loss, instead of a depreciated vehicle value which is common in most standard auto insurance policies. This helps collectors recover their full investment in the event of vintage auto losses.

At Condon Skelly we write policies specifically designed for the classic, vintage and specialty vehicles. We strive to keep your insurance costs low so that you can spend more time on the road. Our policies cost about 60% less than standard auto insurance companies, and they’re designed specifically for unique needs of classic and collector cars. While many classic car insurance policies restrict usage to 6 months, we make sure you get the most enjoyment out of your vehicle by removing mileage caps and To learn more about us and our specialty vehicle insurance programs, contact us today at (855) 735-2844.