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car accident claim

shree_2
shree_2 Posts: 3 Newbie
in Motoring
Just dont think it is fair!
:(
Our car has just been written off and amount has been paid to finance company.Accident was not our fault and we are left without a car and still have to pay the outstanding amount to finance company!

Comments

  • ali3471
    ali3471 Posts: 27 Forumite
    It wasn't your car, so why should you get the money?
  • fivetide
    fivetide Posts: 3,811 Forumite
    Tenth Anniversary 1,000 Posts Combo Breaker
    It is fair.

    you don't own the car, they do. You also have an agreement to pay them the loan on it.

    I suspect you'd have been offered gap insurance yes? That's what it is for, covering the 'gap' between the amount owed and the cars current value.

    So, fair, yes. does that make it any better? Of course not but you seem to be ok so be thankful for that if nothing else.

    5t.
    What if there was no such thing as a rhetorical question?
  • Strider590
    Strider590 Posts: 11,874 Forumite
    This is the risk you take with buying on finance :(
    “I may not agree with you, but I will defend to the death your right to make an a** of yourself.”

    <><><><><><><><><<><><><><><><><><><><><><> Don't forget to like and subscribe \/ \/ \/
  • System
    System Posts: 178,365 Community Admin
    10,000 Posts Photogenic Name Dropper
    is there no way to claim that money back if it is a no fault accident, i.e. pursue the third party insurers to cover your uninsured losses as you would with an excess??
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
This discussion has been closed.
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