Reversed into :(

[944 man]

ORIGINAL: pauljmcnulty

What you could do (not an ideal situation on the basis of a marker being against your car) is that I would be tempted to take the money from the payout and repair it with a repairer of your choice upon buying the car back.

From the posts above I understood it already had a cat-c or d against it? I'd guess book value would be somewhere less than the "guide" for an S2 that doesn't have an agreed value. Mine was assumed at around £2K, so a previously written-off car would be perhaps less than half that?

Insurer's values for the cars are shocking. Get an approved valuation for God's sake: it's free for members, and if all you do is join for that alone, it's one years subs to get an industry-approved valuation that's not available anywhere else accepted by all companies.

Given that it sounds like a simple repair, I'd be doing it myself if the car is otherwise good. Can they put two Cat-c notes against it??

They may try, but Id tell them to **** off, and so will the ombudsman.

 

[944 man]

Quoted verbatim from the FOSs website:

14. vehicles previously "written-off" and then repaired

The fact a vehicle has been previously "written off" can put off potential buyers, no matter how well it was later repaired. This can affect its value.

If the consumer knew they were buying a repaired write-off, they are likely to have paid less for it. In these cases, we may decide it is fair for the insurer to make an appropriate deduction "" generally not more than 20% unless the insurer can provide evidence to warrant a higher deduction.

But a consumer who unknowingly bought and insured a previously written-off vehicle is likely to have paid full price for it "" and a full insurance premium. If we think it is likely the consumer did not know the vehicle's history "" and the repairs were not obviously noticeable "" we are unlikely to agree that the insurer should pay less than the full market value.

 

[5lab]

thanks for all the help.

the quote came back from SL restoration (nearest approved bodyshop) for £3800 inc vat for the repair (ouch!) - that's replacing the bumper and badge panel, and spraying the front end.

Naturally that's a write off with the insurers, they just came back with a first quote of £1700, minus £400 salvage value. I told them to stuff it, and I've send them 16 adverts, values ranging from £3750 to £1195, average of £6300. I don't expect anything like that much (as mentioned, it is previously cat c, which will probably knock 25% off the value) but I'll fight it till they come back with a more sensible number. I'm hoping for £2500 and keeping the car, which I don't think is too unreasonable (its low miles - 107k - and has a long MOT).

I expect you'll see it up for sale as is in a few weeks with the damage - will be a bargain for someone who is either happy to replace the panel or drive around with a very small dent

 

[T3rra]

Where are you based? I would expect that you could get that repired for £600 at the most. More likely £ 200/400

 

[5lab]

down in Brighton. If I could find the panel in the right colour I expect it'd be even less than that, but I kinda fancy a change anyway

 

[ChasR]

ORIGINAL: pauljmcnulty

What you could do (not an ideal situation on the basis of a marker being against your car) is that I would be tempted to take the money from the payout and repair it with a repairer of your choice upon buying the car back.

From the posts above I understood it already had a cat-c or d against it? I'd guess book value would be somewhere less than the "guide" for an S2 that doesn't have an agreed value. Mine was assumed at around £2K, so a previously written-off car would be perhaps less than half that?

Insurer's values for the cars are shocking. Get an approved valuation for God's sake: it's free for members, and if all you do is join for that alone, it's one years subs to get an industry-approved valuation that's not available anywhere else accepted by all companies.

Given that it sounds like a simple repair, I'd be doing it myself if the car is otherwise good. Can they put two Cat-c notes against it??

He said it has been in an accident before, but it may have been repaired outside the insurance channels... (despite the high cost, a few do pursue this avenue). But yes, from an insurer's perspective if the car does have a market against it, £1k would probably be their valuation.

It's quite funny you say that Paul. In the new year I may just join for the agreed value....

 

[5lab]

final (I think) update - with a load of information, I managed to get £3k, plus keeping the car which isn't going to be registered (again) on the write off database thingy. It will hopefully (assuming the cheque arrives) up for sale as-is next week. Thanks for all your help and support!