Valuation of car over 20 years old.

littlemoney

I was recently involved in an accident. A car decided to overtake me as I was turning right. I phoned my insurance company and I have the impression they will write off the car due to its age. How can I find out the value of the car. All the web sites I tried do not give valuations for cars this old.

mgdavid

search Autotrader for same car and age; search ebay 'completed listings' too.

forgotmyname

Ebay completed listings is better than the autotrader, Autotrader prices are we hope some idiot pays the full price but if we must we will sell for much less.

Ebay sold items are what the buyers think its worth and thats what counts.

JQ.

What car is it?

atrixblue.-MFR-.

if were talking a classic car worth a few thousend, then classic car insurance is the way forward ones wich have pre agree'd vehicle value in the event of an accident, with much more mainstream insurers they tend to take it at condition and market value, wich if your was concourse you could end with a value that would only by you a well used one with tax mot on it.

my advice, get on classic car owner club forums, traul the ads print off ones with simular spec and condition and miles, and state that you want to be put back into the position you were in pre accident this is how much it could potentially cost me, all prices are asking prices that can be bartered down insurers know this so dont ecpect a pprice that you want but a frice they think is fair.

Dukesy

In December last year, someone wrote off my 25 year old Mk2 Golf. I had a **** of a time trying to get the money I wanted from the insurance co (helped that the other party were 100% liable, though), but what eventually got me a figure I was happy with was finding a mixture of autotrader and ebay listings for Mk2s in both better and worse condition, taking an average, and telling the insurance co that the average was what I wanted. I asked for £1500 ish, they settled at £1200, which I was more than happy with. You just need to put in a little more work and keep on at them. Also, if you manage to get hold of someone helpful at the insurance co, take their name and personal extension and make sure you always speak with them - helps no end!

System

depending on the car you can usually get a valuation from an owners club or something that the insurance will accept - but I've only ever done that on starting the policy and agreeing the value, rather than after an accident

spacey2012

Unless they have accepted liability you should be expecting them to say it was 50/50% as this is the latest scam they are pulling to claw back any payouts.

littlemoney

It was a fiesta so not a classic. Only special to me as I had the car from new. I am assuming they won't offer me much for it. Despite the fact the other driver decided to overtake me as I was turning right I reckon the insurance will go for a 50/50 to ensure their profits. In the end this will cost me money as it will also put up future insurance costs :sad:

OddballJamie

Was the other car on the wrong side of the road and you turned into them or was it a turning lane and they drove into the back of you?

BTW tell the insurance about the car being one owner, it's gotta count for something.

sk240

A 20 year old fiesta is gonna pay up almost nothing, probably £150 scrap value!