Insurance for 99 S-281 (Non-SC)?

Discussion in 'Saleen' started by HoustonGT, Jul 22, 2005.

  1. HoustonGT Gilded Gelding

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    Hey guys, my luck has finally turned and i will be able to get myself in a Mustang once more for the first time in about a year and a half. Ill be looking at either getting a 98 Cobra or a 99 Saleen (Non-SC, Coupe) in Sept-Oct. My question has to do with the insurance rates on a Saleen. Now i know that the Saleen Company simply buys a regular GT from Ford and turns it into an S-281, meaning the VIN number is still the same. Does this mean the insurance on a Saleen is the same as a regular 99 GT or is it higher? Are you guys paying alot to insure your Saleens and finally do you think itll be less to insure a S281 than a 98 Cobra? Thanks in Advance :nice:
    HoustonGT, Jul 22, 2005
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  2. HoustonGT Gilded Gelding

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    BUMP BUMP BUMP, No replies?
    HoustonGT, Jul 22, 2005
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  3. Mstng2 Founding Member

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    I dont know how others have done theirs, I asked my agent about it if there was a diffeance and he said they just go by VIN which would be a GT. I asked if there was Saleen Insurance and he suggested trying Haggerty or other specialty car insurance. The risk you take with GT insurance is if it is totalled thats all you most likley get without a Lawyer.
    Mstng2, Jul 22, 2005
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  4. FASN8N New Member

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    Most insurance companies will pay out on a Saleen as long as you can produce documentation proving the value and authenticity of your car. Do this up front, not after the car has been totaled or stolen. I would think a 99 S281 would be slightly cheaper to insure vs a 98 Cobra b/c of the power difference., but maybe the Cobra would be cheaper to insure b/c the book value is about 75% of the 99 S281. I would buy the 99 Saleen over the 98 Cobra (unless the Cobra had all the mods I already wanted on it)
    FASN8N, Jul 22, 2005
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  5. HoustonGT Gilded Gelding

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    Thanks guys. What would be a decent price for a 99 S-281 Coupe?
    - BTW, my cousin is a car dealer and buys cars at Wholesale Auctions and i personally went to an auction in Dallas with him...saw a near new 03 Mach1 go for 18k flat. He says he can get me a Saleen for around 10-11k. :nice:
    HoustonGT, Jul 22, 2005
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  6. FASN8N New Member

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    These must be some seriously messed up or badly wrecked cars!
    FASN8N, Jul 25, 2005
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  7. SSS281 Founding Member

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    insurance on a 99 s281 would be exactly that of a GT. i went from a 96 cobra [mystic] and stepped into a 99 s281 n/a. i would never go back to a cobra after having a car that gets this much attention its incredible
    SSS281, Jul 25, 2005
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  8. HoustonGT Gilded Gelding

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    NO theyre not. Those are wholesale dealer prices not available to the public. These auctions require dealer licenses and so forth. How do you think people in the car business make money?
    HoustonGT, Jul 25, 2005
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