Vehicle write off is really low to expected value

redux

Norman_Castle wrote: »

Buy the car back and either repair it or if roadworthy drive it as it is. You will have to declare it as a write off for future insurance but you may get a few years of very cheap motoring this way.

It may also be possible to negotiate a cash settlement in lieu of the repairs, without the car being written off.

I managed to do this when my car had estimated repair cost of £1000, which was more than the value, and they were willing to sell me the salvage, but then the problem going forward was that insurer was not willing to continue to insure a written off car.

In the end we agreed I'd receive £650 and it would not be written off, though there were a couple of further misunderstandings before that position was reached.

Hintza

OddballJamie wrote: »

That's made me curious to how many times a car can be written off in it's life.

Well the Panda 04 was bought Cat D and driven since 2007 until this summer when neighbours drove in to it and it was then declared Cat C pay out made and bought back at 9%.

A big hammer and a new headlight and it was back on the road. VIC check and MOT due in February I might scrap it before then but will do the maths to include some non related faults.

colino

Shows you how ridiculous the VIC is - its getting abolished next year. The likelihood of you having a prang as a privateer and ringing another identical car is so far fetched (thanks Watchdog) even the government have come to their senses about. Just a pity they didn't terminate the VIC immediately when their review stated it had negligible importance and impact. Something like less than 40 cars presented for the VIC failed, out of nearly a million that were paid to be, "checked".
No doubt the insurance companies will see the abolition as an excuse to play musical chairs again with their A to Ds.