Car valued between £2,200 and £2,700?

Rochdale_Guy

Good luck to all going through this nightmare.

I may have to consider this too, but am worried as my car (according to Parkers used car guide) is valued between £2,200 private up to £2,800 max from a dealer. I really don't want to lose my car, despite the insurance and petrol costing so much.

Who decides this?

Thank you.

fermi

The OR/examiner would decide.

See: What will happen to my motor vehicle?

debt_doctor

To keep your vehicle, you would first have to prove a NEED for it and then if you did, the current guidline value for exempt vehicles is around £1000.

DD

Rochdale_Guy

Are there any exceptions to the £1000 limit as I really think I'm going to have to do the bankruptcy route but need to keep the car

debtinfo

if you need it, you dont lose it as such if it is to expensive you just have it swopped for a cheaper one

System

Mine was worth about £1.5-£2k at the time of the interview BUT I need it to run my small business. OR had no problem with this and wrote to me soon after saying he wasn't interested in it. There was no question of changing down to a smaller car.

Rochdale_Guy

Thanks, anyone know where I can a free valuation on my 54 plate 2004 Ford Fiesta 1.4 LX automatic 5 door, with 40,000 miles on the clock?

Is it under £2k yet?

mysterio_2

http://www.parkers.co.uk/cars/prices/used/ford/fiesta/hatchback-2002/24252/?yearplate=76

Rochdale_Guy

Cheers! Mine has only done half that.... 40,000 miles so I guess it's around £2,500 still.