I think you're correct, Martin. I would say it's way too low. Your particular car is a rare pre-Aug 55 RHD, which has had a huge amount of time, work &, no doubt, money, put into it. Although I haven't seen it "in the flesh" I have seen many pics on the forums and the standard/ quality of work is absolutely second to none.
Out of interest, how many pre-Aug 55 original-RHD cabrios are left these days? Did you get to about 12 when you were searching? Surely that extremely low number on it's own would mean it would be worth more?
I would hazard a guess that the insurance value should be at least £50K, if not more. Maybe you need to speak to a few more insurance companies?
vintagebug wrote: