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Accident is costing me £3k

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Comments

  • motorguy
    motorguy Posts: 22,619 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    i'm not trying to get a new car.

    my car was bought new. worth 9k on the forecourt pre accident, and now worth 6k post.

    that's not my fault, and keeping quiet might well get me the right value, but is dishonest. the 3k difference is PURELY down to the accident that was caused by the other party..

    surely it's simple - I sell the car at it's current worth, and claim the difference from the other party?

    is that how I'm supposed to play this?

    There is no difference in value. The SEAT dealer is wrong.

    I've been in or around the motor trade for 25 years and thats simply NOT correct.

    Also, you wont win if you go to court with this. Its a well trodden path and providing the repairs are up to standard then legally there is little recourse.
  • motorguy
    motorguy Posts: 22,619 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    I'm going off Glasses Guide and CAP - for the figures.

    I'm not making these numbers up, but am dealing with a garage that now has a lower price for my car - because it *has* been in an accident - whether it's repaired or not.

    would anyone buy a repaired car for the same price as a mint one?

    So from CAP:-
    8,950 retail, part ex is 7,275 - 6,175 depending on mileage etc. Mine is low mileage and was good condition - so 7,275 part ex

    Now the retail is £6k - as told to me by this garage and the Seat dealership - not that the Seat dealer will take it, even on part ex.

    How is this not losing money? I was going to sell it before the accident and buy a bigger family car. Now the value is less, this might be off.

    :S

    The trade price of your car is £6175. NOT £7275. Thats where the dealer is getting his £6K from

    You were NEVER going to get £9000 for the car as thats a full retail dealer forecourt price, so you havent lost £3,000 because you were never getting £9000 for it anyway.
  • motorguy
    motorguy Posts: 22,619 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Car values are from CAP and are actual. I'm actually losing money on this as a result of someone else's fault.

    The car I get back should be worth the same as before the accident - and it isn't. It's that simple.

    Why should I put up with that?

    :think:

    You are being misled badly by the dealer.

    If the retail price of your car is £9000, then they were NEVER going to give you £9000 for it. Trade price was ALWAYS around £6,000
  • fivetide
    fivetide Posts: 3,811 Forumite
    Tenth Anniversary 1,000 Posts Combo Breaker
    I'm going off Glasses Guide and CAP - for the figures.

    Give us the model year/miles and it might be easier to advise whay you should be pressing any dealer for (or looking for privately)
    What if there was no such thing as a rhetorical question?
  • motorguy
    motorguy Posts: 22,619 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    because it's been in an accident that requires structural changes to the car.

    you've welcome to buy it from me at 9k then :)

    somehow I doubt you will.

    Its been in a light rear end accident. It was put on a jig to straighten the car - which may have only been out by a few millimetres.

    This will not impact value.

    How would any other garage EVER know?

    I'd a £3000 repair to the rear of my BMW a few years ago, necessitating new rear bumper, new tow bar which was bent out of shape, new floor panel and put on a jig to ensure it was straight. NO IMPACT ON RESALE VALUE

    My wife whacked a high kerb in her BMW - did £3000 of damage - new wheel, strut, suspension arm and the chassis was twisted. Car was a month old. She sold it at 8 months old back to the dealer who she'd bought it off and who had done the repairs NO IMPACT ON RESALE VALUE.
  • motorguy
    motorguy Posts: 22,619 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    because it's been in an accident that requires structural changes to the car.

    you've welcome to buy it from me at 9k then :)

    somehow I doubt you will.

    He wont give you £9K because thats full dealer retail price. Your trade price is £6K
  • andygb
    andygb Posts: 14,655 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    because it's been in an accident that requires structural changes to the car.

    you've welcome to buy it from me at 9k then :)

    somehow I doubt you will.


    Why are you so reluctant to give us the relevant details for the vehicle, rather than price guides which could relate to anything?
  • motorguy
    motorguy Posts: 22,619 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    because it's been in an accident that requires structural changes to the car.

    you've welcome to buy it from me at 9k then :)

    somehow I doubt you will.

    Heres a simple proof for you.

    Go to https://www.webuyanycar.com, plug in your cars reg and miles.

    THAT is the raw trade value of your car.

    at NO POINT do they ask you has your car had any accident damage (OTHER THAN if its on VCAR as CAT C or CAT D)

    HENCE there is no devaluation on your car because of an accident END OF STORY

    IF the repairs werent up standard - for example paint match poor, bad panel fit, bits missing - then THAT would impact value BUT you would have recourse with the insurer / repairers.
  • andygb
    andygb Posts: 14,655 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    We had our car repaired a few months ago, and it looks a lot better now than it did pre accident, so I would imagine the value of our car to have increased.
  • zappahey
    zappahey Posts: 2,252 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Is this trader willing to put your car on his forecourt at £6k and take his 5% commission on that?

    If so, it will fly off the forecourt and he gets his 5% for no effort. You have different interests in this discussion, yours is to get the best price, his is to get his commission as quickly as possible and cheaper is better to achieve his aim.
    What goes around - comes around
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