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Question on write-off procedure

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Comments

  • bigadaj
    bigadaj Posts: 11,531 Forumite
    Ninth Anniversary 10,000 Posts Name Dropper
    Guest101 wrote: »
    At triple my mileage it gets to 3-3.5k

    Nothing I've seen actually as low as 25k yet, but I've only looked briefly

    It's an eight year old focus sized car, low mileage is more worrying than high mileage. Anything less than say 45k mileage at that age looks like problems.
  • Guest101 wrote: »
    It's late 2009, Hyundai i30, under 25k mileage
    Eight year old car, 3k miles / year. The increase in value from the low mileage will be small., modern cars can do high mileages with ease, it's not like 1970s cars where if it got to about 60k miles you'd be looking at taking the cylinder head off for a decoke and the clock turning over at 100k miles was very rare as rust would claim them before that. Better fuel, better oils, engine management, more precise machineing means engines last a lot longer than they used to.

    The low annual mileage will tend to indicate lots of short journeys like my elderly parents make, who do a similar annual mileage, and consequently put a lot of buyers off as they understand the deleterious effects of short journeys, so I think you're overestimating the extra value attributed to low mileage.
    Proud member of the wokerati, though I don't eat tofu.Home is where my books are.Solar PV 5.2kWp system, SE facing, >1% shading, installed March 2019.Mortgage free July 2023
  • Guest101
    Guest101 Posts: 15,764 Forumite
    You're both right it was owned by an elderly lady prior.

    I suppose my question is what is the value? :)

    I don't know, but Parkersburg guide at 80k gave £3,200. Obviously it'd be nice to be abit more with the lower mileage.

    Yes I agree lots of short journeys can be a problem, but honestly the car was faultless with full service history
  • Guest101
    Guest101 Posts: 15,764 Forumite
    Just thought I'd update - valued at £4,550 - so more than I actually paid for it.


    (written off as total loss)
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