Car insurance - value of identical car!

fatbadger2

Hitler! Just thought I'd get in there and confirm Godwins law before the argument about insurance law escalates

dacouch

fatbadger2 wrote: »

Hitler! Just thought I'd get in there and confirm Godwins law before the argument about insurance law escalates

This is a better link, the FOS decided to modernise their website but in the process removed a lot of the helpful information.

http://web.archive.org/web/20151023133911/http://www.financial-ombudsman.org.uk/publications/technical_notes/motor-valuation.html

Bear in mind that the price guides you have access to may give a different value for the car than the guides the Insurers use. The price guides the public have access to state in their T&Cs that they are not to be used for insurance valuing purposes

maddogb

Was this a first offer?

chris_m

fatbadger2 wrote: »

Great answer thanks. I have paid for full access to the Parkers/Glasses site and my car IS valued at £300 to £3500

£2200 is within that range

forgotmyname

Autotrader 2002 Mini Cooper with heated seats £1750. cruise, traction, sunroof etc etc..

fatbadger2

forgotmyname wrote: »

Autotrader 2002 Mini Cooper with heated seats £1750. cruise, traction, sunroof etc etc..

bag of spanners!

forgotmyname

Why do you think that?

fatbadger2

forgotmyname wrote: »

Why do you think that?

because its done twice the mileage of mine and had more owners. Traders at this price range are best avoided as they are mainly con men / liars. Private sellers are much more trustworthy.

mattyprice4004

fatbadger2 wrote: »

Traders at this price range are best avoided as they are mainly con men / liars. Private sellers are much more trustworthy.

That's your opinion, and not a valid reason.

maddogb

am very interested as to how you got on here, any other relevant facts such as did they actually inspect the car etc?
as to comments about private sellers not sure you are right there, the percentage of value to a private sale vs a trader has a much higher motivation to be dishonest, plus the consumer protection in a retail sale has some value.