Car likely written off

Pitbull said:
Go get finance on a new vehicle, pay down a nice deposit and have a great holiday with the change.
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this is a great idea, in hindsight should have done the same with my written off car,
not let somebody else decide for me what to do with the cash.

school fees for next time,

@scottlus, touch wood never happens to anybody on this forum,
but what would you say is the most important think to remember when dealing and getting a good price on your write off?

what could you tell others to do in hindsight?
 
Pitbull said:
Ouch.

O well, you can still find nice buys if you shop around a bit and in no hurry. Good luck with the shopping.
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Yip, buying a Volvo C30 for 75k, my savings will just be a bit screwed for a while.

eg2505 said:
t@scottlus, touch wood never happens to anybody on this forum,
but what would you say is the most important think to remember when dealing and getting a good price on your write off?

what could you tell others to do in hindsight?
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1. Make sure your vehicle is correctly registered with insurance and SPECIFY THE EXTRAS on it(leather, mags, everything), the 14k I got out of them was entirely due to the extras
2. Read up on the dispute process at your insurer and follow it to the letter
3. Escalate as soon as possible to higher ups and get direct numbers, the call centres are infuriating
4. Make peace with the fact that you will get the book retail value and nothing more, ever
 
ScottulusMaximus said:
Yip, buying a Volvo C30 for 75k, my savings will just be a bit screwed for a while.
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Great choice :) Enjoy.

1. Make sure your vehicle is correctly registered with insurance and SPECIFY THE EXTRAS on it(leather, mags, everything), the 14k I got out of them was entirely due to the extras
2. Read up on the dispute process at your insurer and follow it to the letter
3. Escalate as soon as possible to higher ups and get direct numbers, the call centres are infuriating
4. Make peace with the fact that you will get the book retail value and nothing more, ever
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This this and more this ^^

Remember your car depreciates but your accessories don't. Make sure each and every extra is specified and listed correctly.
 
ScottulusMaximus said:
Yip, buying a Volvo C30 for 75k, my savings will just be a bit screwed for a while.



1. Make sure your vehicle is correctly registered with insurance and SPECIFY THE EXTRAS on it(leather, mags, everything), the 14k I got out of them was entirely due to the extras
2. Read up on the dispute process at your insurer and follow it to the letter
3. Escalate as soon as possible to higher ups and get direct numbers, the call centres are infuriating
4. Make peace with the fact that you will get the book retail value and nothing more, ever
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0. Get a decent broker.
 
Pitbull said:
Great choice :) Enjoy.



This this and more this ^^

Remember your car depreciates but your accessories don't. Make sure each and every extra is specified and listed correctly.
Click to expand...

question with the accesories, not sure if I explain it correctly.

I didnt insure my car radio, but when I did the inspection, they took down my radio make and model,

if I have to claim, would I need to add that? or its unnecessary as its not covered?
 
eg2505 said:
question with the accesories, not sure if I explain it correctly.

I didnt insure my car radio, but when I did the inspection, they took down my radio make and model,

if I have to claim, would I need to add that? or its unnecessary as its not covered?
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Apparently it depends on the type of radio.

If it's factory fitted it included in the retail price. If it's after market then you need to specify it. As that is up and above the retail price.
 
eg2505 said:
question with the accesories, not sure if I explain it correctly.

I didnt insure my car radio, but when I did the inspection, they took down my radio make and model,

if I have to claim, would I need to add that? or its unnecessary as its not covered?
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By "extras" I'm meaning whatever the original purchaser added on to the stock car. Basically you need to find the exact model of the car and what came on it as standard and then find the list of optional extras and make sure insurance knows each and every little thing that was added.

My car was registered and built as a "Trend" which is the bog standard model but whoever ordered my car added in leather seats, mags, smash and grab tint and an optional styling pack. The insurance didn't know about this(because I didn't know I had to tell them) so valued it at 46k, they then added all the extras in and came up with a fairly reasonable pay-out.

Any after-market additions that are done to the car need to be specified as well to be insured correctly... So rims/body-kits/radios etc while destroying resale value actually increase retail value:/
 
ScottulusMaximus said:
By "extras" I'm meaning whatever the original purchaser added on to the stock car. Basically you need to find the exact model of the car and what came on it as standard and then find the list of optional extras and make sure insurance knows each and every little thing that was added.

My car was registered and built as a "Trend" which is the bog standard model but whoever ordered my car added in leather seats, mags, smash and grab tint and an optional styling pack. The insurance didn't know about this(because I didn't know I had to tell them) so valued it at 46k, they then added all the extras in and came up with a fairly reasonable pay-out.

Any after-market additions that are done to the car need to be specified as well to be insured correctly... So rims/body-kits/radios etc while destroying resale value actually increase retail value:/
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Whenever i do mods i tell my insurance company everything , including the value of the parts.Therefore when i comes to claim time less problems (well sometimes).My car was recently written off and they refused to take into consideration the extras , untill i showed them the email i sent them.They paid out for some things but not others ,as they claimed that certain mods didnt increase the value but rather decreased the value.Eventually took whatever money they offered and went with a broker and new insurance company.
 
ScottulusMaximus said:
By "extras" I'm meaning whatever the original purchaser added on to the stock car. Basically you need to find the exact model of the car and what came on it as standard and then find the list of optional extras and make sure insurance knows each and every little thing that was added.

My car was registered and built as a "Trend" which is the bog standard model but whoever ordered my car added in leather seats, mags, smash and grab tint and an optional styling pack. The insurance didn't know about this(because I didn't know I had to tell them) so valued it at 46k, they then added all the extras in and came up with a fairly reasonable pay-out.

Any after-market additions that are done to the car need to be specified as well to be insured correctly... So rims/body-kits/radios etc while destroying resale value actually increase retail value:/
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Im confused,

so "extras" actually destroy resale value? why? as that makes no sense at all, if you add E/w as an example, vaule should be more right?
but increase retail value should a car get written off? I could understand that, but then when the inspection is done those should be reflected,

surely when the inspection is done, all those extras should show up on the sheet they give you?

maybe if you could explain a bit on this point as I am a bit confused here.
 
ScottulusMaximus said:
By "extras" I'm meaning whatever the original purchaser added on to the stock car. Basically you need to find the exact model of the car and what came on it as standard and then find the list of optional extras and make sure insurance knows each and every little thing that was added.
Click to expand...
So 95% of all VW's are under insured with this statement :whistle:
 
eg2505 said:
Im confused,

so "extras" actually destroy resale value? why? as that makes no sense at all, if you add E/w as an example, vaule should be more right?
but increase retail value should a car get written off? I could understand that, but then when the inspection is done those should be reflected,

surely when the inspection is done, all those extras should show up on the sheet they give you?

maybe if you could explain a bit on this point as I am a bit confused here.
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I'm talking about after-market extras destroying resale value, factory fitted stuff obviously massively increases resale value.

I'll put it this way, would you buy another modified car? I don't even look at a car if it has after-market rims on it...

If a car has been modded in any way, walk away.

A lot of other people look at secondhand cars like this too so your mods drop the price you could sell it for, however if you specify these to the insurance they have to pay for them if you get written off.

The inspection takes 30s, they're also not going to add the extras in because then they have to pay more. The person doing the inspection also has no way of knowing every trim level of every car, it's up to the owner to figure it out. I didn't, hence all the drama.
 
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Pitbull said:
The car was written off for that?

Someone already has that car fixed and it's already being sold on a dealership floor somewhere as a code 2 :o
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Lol probably, if anyone is looking at used Fiesta's don't buy this one!

Although if you look carefully the rear quarter panel is bent and same the other side, roof has also popped up. Chassis underneath was bent, most probably fixable but I wouldn't drive it.
 
ScottulusMaximus said:
Lol probably, if anyone is looking at used Fiesta's don't buy this one!

Although if you look carefully the rear quarter panel is bent and same the other side, roof has also popped up. Chassis underneath was bent, most probably fixable but I wouldn't drive it.
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Nor would I ;)

Just amazed at how easy insurance companies write off cars these days. That's part of the problem we have currently with these vehicles being bought on Auction dirty cheap, repaired and sold on to dealership to be resold as code 2 (Used) vehicles.
 
ScottulusMaximus said:
Lol probably, if anyone is looking at used Fiesta's don't buy this one!

Although if you look carefully the rear quarter panel is bent and same the other side, roof has also popped up. Chassis underneath was bent, most probably fixable but I wouldn't drive it.
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It's a nice but budget car and with that level of damage it's clearly a write off. The level of panel beating that would need costs mega money, never mind all the original only spares that would be required to complete the repair.
 
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