Directline offering peanuts for my car!

pjjafc

Managed to write off my Audi A3 the other day. (man was indicating so I pulled out and he went into the side of me, he had left it on by accident) But my fault as it was an "indication":mad:

Anyhow they have offered £8325 when I paid £10,500 3 months ago!

What can I do..???? Help!!

TonyMMM

Don't accept their first offer, there is always room for negotiation (they expect it).

Gather evidence of the cost to replace the vehicle (identical model, same spec, extras, mileage etc.) by looking at price guides and particularly places like autotrader. If you can show the realistic price of a replacement vehicle they may increase their offer. However, you will be very lucky to get close to a retail price from 3 months ago ..... what is the excess on the policy, & did you take out any Gap insurance when you bought the vehicle ?

Quentin

Look for evidence of what an exact replacement would cost you today (from a similar source - ie if you bought from an auction, then get evidence of what you'd pay at auction today (not what you'd pay a main dealer).

Then appeal their offer, and offer your evidence.

Strider590

Always turn down the first offer they make!!

If you bought from a stealership, you will have paid at least £1000 (closer to £2000) over the odds to begin with. Factor in depreciation and your not far off the £8325 anyway.

daveyjp

If you bought from a main dealer you paid more for peace of mind.

If main dealers are selling at £10.5 k, £8,350 is around an expected trade in value (using CAP or similar) and this is what insurance companies use to insult you.

You should therefore send evidence of similar cars from main dealers as you need to be in the same position as you were before the accident - i.e with enough cash to go to a main dealer to buy a similar vehicle.

spadoosh

the question you need to ask is how much did u value it at when filling out your insurance because youll never get higher than that!

rev_henry

spadoosh wrote: »

the question you need to ask is how much did u value it at when filling out your insurance because youll never get higher than that!

Not true, interestingly.

I have nothing further to add except that it was absolutely your fault as you are meant to only pull out once the oncoming vehicle has actually started the manoevre. When learning you were taught to anticipate people forgetting to cancel their indicators no? That is what the Highway Code says...

Enfieldian

rev_henry wrote: »

Not true, interestingly.

I have nothing further to add except that it was absolutely your fault as you are meant to only pull out once the oncoming vehicle has actually started the manoevre. When learning you were taught to anticipate people forgetting to cancel their indicators no? That is what the Highway Code says...

Well done Rev Hindsight.

I think the OP realised that not too long after he wrote off his car.

rev_henry

Enfieldian wrote: »

Well done Rev Hindsight.

I think the OP realised that not too long after he wrote off his car.

Sorry...not my most helpful post...
Everyone had already answered the question!

Judas

You are entitled to market value for your car i.e Glasses guide

What model, mileage, plate is it?
If you overpaid in the first place you cant expect this back though; likewise you cant expect finance costs back.

daveyjp

Glasses guides give trade in values, that is not a value if you are a buyer.