1946 Plymouth P-15 cost when new?

[OUTFXD]

For some reason my insurance wants to know how much my car cost when It was new.  I tried to google it and ended up filtering through a few pages of people selling or auctioning off their cars and came up dry.

 

So I figured why not ask the experts?

 

Thank you for any and all help!

[Sam Buchanan]

This info is located in the Resources section of this forum under P15 References:

 

https://p15-d24.com/page/p15d24/reference/p15_reference.html/

 

Between $1099 and $1539 depending on model.

Edited December 23, 2021 by Sam Buchanan

[OUTFXD]

Got it! Thank you!

[Plymouthy Adams]

now, expect this as the total payout from your insurance taking into account depreciation at a much much lesser value.......

[Eneto-55]

The original Oklahoma title for my 46 Special DeLuxe shows an original sale price of $1,241.00.  Original sale date: November 4, 1946.

 

Edit to add: It is an Evansville car, 4 door.  So looking at the chart referred to above, it falls in that second category.  (By the way, that chart is missing one digit for the ending SN for Evansville.  There should be 7 digits.)

Edited December 23, 2021 by Eneto-55
add note

[desoto1939]

2 hours ago, OUTFXD said:

For some reason my insurance wants to know how much my car cost when It was new.  I tried to google it and ended up filtering through a few pages of people selling or auctioning off their cars and came up dry.

 

So I figured why not ask the experts?

 

Thank you for any and all help!

Why do they require this information. Are you insuring your car with an antique car insurance company for an agreed valued policy or using your regular everyday car insurance company.  Regular car ins used stated value and they depreciate the cars value as it get older, with agreed value the car is insurded for the entire amount that you took the policy out agains t the car. so lets say with agreed valued you took a 20K value then if the car is totalled you get 20K.

 

Rich Hartung

desoto1939@aol.com 

[OUTFXD]

I am just using Geico. They are simply who I have my current  insurance with.  I expect Plymouthy Adams is close to the trueth.

 

Edited December 24, 2021 by OUTFXD

[Eneto-55]

I don't know how much a 75 Dodge Dart 4 door with the slant six was when new, but my son has one, and we (I bought it myself, and it's legally still in my name, but I gave it to him.) have it insured with my 'regular insurance company' as a non-driver, storage insurance, they call it.  (He bought a smaller car for better dependability and economy, so it was just sitting in my garage, and I moved it elsewhere, then we just haven't kept it running now for about 10 years.)  The insurance agent told me what the different rates would be for various value categories, and I decided where to put it based on what I had in it.  Then she said she'd put the value down as the top of the range I'd picked.  The idea is that if it was destroyed in a fire or something, that's the figure we'd get from the insurance company.  Of course we haven't been down that road, so I don't really know what would happen.

Edited December 24, 2021 by Eneto-55

[plymouthcranbrook]

I just put my old cars on non driving status in the winter(comprehensive only) and pay very little.

[Sniper]

I pat $233 every six months to USAA so I can daily drive my 51.  I know if I get in an accident I'll get squat for it, but I do not like the restrictions a classic car insurance policy puts on me. 

[DJK]

I pay $128/yr to American Collectors Insurance, agreed value, no mile limit, not to be used as daily driver.

[Eneto-55]

A website I just looked at says that $1.00 in 1946 is more or less equivalent to $14.25 today.  So that would make my '46's original cost come out to $17,684.25.

[Sniper]

39 minutes ago, Eneto-55 said:

A website I just looked at says that $1.00 in 1946 is more or less equivalent to $14.25 today.  So that would make my '46's original cost come out to $17,684.25.

 

If I could buy a new 1946 Plymouth for $17,684.25 today I would.

[Dan Hiebert]

Maine has an excise tax that has to be paid in addition to registration fees, basically part of the registration.  It is based on MSRP, regardless of the year of the vehicle's manufacture.  The Town Manager in many small communities, like ours, is also a state BMV agent.  Ours is continually amused by how little I pay to register our old cars, and kinda brags about it to other Townfolk.  I'd be careful with insurance winter lay-up, unless the provider offers it.  Only our D24 and Terraplane have it through their antique auto coverage, I can't get it with the Beetle since it has regular (Allstate) insurance.  I asked about it, but I would have to drop the insurance on it for the winter, causing a "lapse in coverage" that would increase overall cost.  All the auto insurers I'm aware of require the MSRP.  Some of them will adjust for inflation, some won't, and with some it's just a box they have to fill out on their forms.  

[Eneto-55]

2 hours ago, Dan Hiebert said:

Maine has an excise tax that has to be paid in addition to registration fees, basically part of the registration.  It is based on MSRP, regardless of the year of the vehicle's manufacture.  The Town Manager in many small communities, like ours, is also a state BMV agent.  Ours is continually amused by how little I pay to register our old cars, and kinda brags about it to other Townfolk.  I'd be careful with insurance winter lay-up, unless the provider offers it.  Only our D24 and Terraplane have it through their antique auto coverage, I can't get it with the Beetle since it has regular (Allstate) insurance.  I asked about it, but I would have to drop the insurance on it for the winter, causing a "lapse in coverage" that would increase overall cost.  All the auto insurers I'm aware of require the MSRP.  Some of them will adjust for inflation, some won't, and with some it's just a box they have to fill out on their forms.  

Just in case this was in response to what I said about the storage insurance on the 75 Dart, this car is not currently being driven at all, and we have not renewed the annual registration, either.  So to put it back on the road, we would need to do both of those things, pay the registration fee again, and get insurance on it again.  (I don't have any storage insurance on my 46, partly because I haven't transferred the title from my home state yet.

[Booger]

5 hours ago, DJK said:

I pay $128/yr to American Collectors Insurance, agreed value, no mile limit, not to be used as daily driver.

Close to same as yours DJ with Haggerty. No mileage restrictions etc. $8000 value (I will bump that up to 10k next year) $126/yr

Edited December 24, 2021 by Booger
spel

[desoto1939]

OK the saga continues with Agreed valued and stated value.  First you must know what the insurance company is offering in coverage.  Agreed value, have mine 39 desoto with Grundy Agreed value 23K cost me $180 a year.  This in clude collision and comprehensie on the car and covers it for full 12 months.  If the car is totalled then i get 23K for the car not questions asked, not even the MSRP value of the car becasue that does not represent todays buying power and cost to buy a car.  Also can not use as a daily driver and must be garage enclosed stored when not in use.

 

Stated value is just like the coverage on your regular car/truck. The car had an MSRP value when you purchsed the car. Yu took basically a term insurance policy every year.  If the car is totaled then they come out an appraise the car versus the current age, condition milage, rust out and any way they can depreciate the car. Then they give you a buyout. So the MSRP was 20K you owned the car for 10 years has 50k in milage some ding and dents some rot out.  The insurance company will not give you 20K for the car but a deeply cut payout based onthe condition,milage and other factors.  So you might only get 5K. So if an antique car is in storage then get an agreed value for the car and if the car is totaled then you know what you get.

 

Many antique car owners think they are getting good deal from their regular car insurance carier but in all reality they are getting screwed if the car is totalled.  This is a major topic at the AACA annual meeting every Feb in Philadelphia.  The specialty Insurance carriers are the best policy and I have been owning my 39 desoto for 35 years.

 

Rich Hartung

desoto1939@aol.com

[BobDeSoto]

Priceless

[DJK]

17 hours ago, Booger said:

Close to same as yours DJ with Haggerty. No mileage restrictions etc. $8000 value (I will bump that up to 10k next year) $126/yr

I will be increasing my agreed value this next renewal after the $4500 paint job and a few other improvements.