4 week old car - likely write off

phill99

Having gone through a similar experience last year I strongly suggest getting a dash cam fitted in your new vehicle!!

AnotherJoe

consumers_revenge wrote: »

IN same situation I checked with direct line before hand ( mines on HP ) and they basically said it was new for old on the 1st year.

Yes, and same for PCP, but with PCH they don't (I also checked beforehand)

DUTR

Luke_Bank wrote: »

Thank you for all the responses.

My insurance does have the new car replacement in the first two years. No mention of that being any different for a lease vehicle. I asked on the phone and they weren’t sure (helpful!).

I was driver, I’ve sustained a fractured sternum, trapped nerves, and according to the Dr whiplash to my back and neck.

Essentially, what I’m concerned about is:
1. If I have a shortfall to to the lease company (SEAT Finance) (wish I got GAP cover)
2. If I’ll be without a vehicle. I went to my local dealer and they said it would have to be a factory order and a 7 month wait. Second hand, would be £290pm which is £60 more than I was/still am paying for the brand new one, crazy really!

My bro's new car got stolen , it was more than 12 months old and on pcp, the payout after excess more than cleared the outstanding finance, plus some change to buy a runaround.
I'm still surprised at a 30 week lead time for a Seat.

motorguy

DUTR wrote: »

My bro's new car got stolen , it was more than 12 months old and on pcp, the payout after excess more than cleared the outstanding finance, plus some change to buy a runaround.
I'm still surprised at a 30 week lead time for a Seat.

A car one year in to a PCP agreement - and as such a settlement figure that will include a discount - is a very different scenario to a one month old car on a rental / lease agreement.

Delivery time will depend on model / engine specification / availability. It may be a model thats in demand OR has an engine thats in demand across the VW group OR simply be subject to long lead times.

http://www.seatcupra.net/forums/showthread.php?t=442333

DUTR

motorguy wrote: »

A car one year in to a PCP agreement - and as such a settlement figure that will include a discount - is a very different scenario to a one month old car on a rental / lease agreement.

Delivery time will depend on model / engine specification / availability. It may be a model thats in demand OR has an engine thats in demand across the VW group OR simply be subject to long lead times.

http://www.seatcupra.net/forums/showthread.php?t=442333

I agree, my car is a VW group car which I spec'd from new ....twice, the most I've known of and semi backed by the 1st post in the link is 20 weeks, if it was a special Merc or Porsche then yes 2 weeks or more but I just can't see a 28 week on a Seat.
The dealers have a slot to get the factory order in and the slots move from country to country, once the order is at the factory the build is usually just a week, then transportation of course.

IamNotAllowedToUseMyName

The value you will get paid out will be the value it takes to replace your car, not the trade in value. So, with a 4 week old car, you are entitled to be paid out the amount to replace a 4 week old car, and to all intents and purposes, that is a new car. If DL are not entirely helpful, then any gap should be claimed against the 3rd party, who should be paying out for the replacement value (as I said, not trade in). As it is unlikely that you can get a similar car - it did take 7 months to order - on the second hand market as nearly new, I would expect that the insurers would concede it was reasonable to replace it with a new car.

You probably should be talking to your lease company about suspending payments etc. - they will have been through this and will have a process. You could try talking to the 3rd party insurer - they may well concede that regardless of breath test, they do not want the grief of defending their driver and would want to minimise their costs with a quick settlement. Once you are fit to drive I would expect to be supplied with a temporary hire car by them, but get their agreement. It is not unreasonable when you have lost the use of a new, custom spec'd car.

Luke_Bank

DUTR wrote: »

I agree, my car is a VW group car which I spec'd from new ....twice, the most I've known of and semi backed by the 1st post in the link is 20 weeks, if it was a special Merc or Porsche then yes 2 weeks or more but I just can't see a 28 week on a Seat.
The dealers have a slot to get the factory order in and the slots move from country to country, once the order is at the factory the build is usually just a week, then transportation of course.

Trust me, I’m not lying. I spoke to the dealer and they have advised the particulare engine I had is a 26-28 weeks wait.

I ordered end of June 2017 and picked the car up 10th February.

Luke_Bank

IanMSpencer wrote: »

The value you will get paid out will be the value it takes to replace your car, not the trade in value. So, with a 4 week old car, you are entitled to be paid out the amount to replace a 4 week old car, and to all intents and purposes, that is a new car. If DL are not entirely helpful, then any gap should be claimed against the 3rd party, who should be paying out for the replacement value (as I said, not trade in). As it is unlikely that you can get a similar car - it did take 7 months to order - on the second hand market as nearly new, I would expect that the insurers would concede it was reasonable to replace it with a new car.

You probably should be talking to your lease company about suspending payments etc. - they will have been through this and will have a process. You could try talking to the 3rd party insurer - they may well concede that regardless of breath test, they do not want the grief of defending their driver and would want to minimise their costs with a quick settlement. Once you are fit to drive I would expect to be supplied with a temporary hire car by them, but get their agreement. It is not unreasonable when you have lost the use of a new, custom spec'd car.

Thank you for your detailed response.

Even if I did order a new one, I very much doubt I’d be entitled to a courtesy/hire car for the 7 months it takes for the new one to arrive.

I fear I will be without a car, if the lease company aren’t able to find a replacement. I know it’s only a SEAT Leon but the engine I went for (1.4 ECOTSI) is in massive demand.

Like you said I’ll probably have to go for nearly new on PCP but it’s more per month unfortunately.

JP1978

Luke_Bank wrote: »

Thank you for your detailed response.

Even if I did order a new one, I very much doubt I’d be entitled to a courtesy/hire car for the 7 months it takes for the new one to arrive.

You can only ask.

Friend of mine had his Ford Galaxy (several years old) badly damaged. Everyone suspected it would be written off but they wanted to repair it. Parts ordering and backlog was that bad he ended up having a hire car provided by the liable party for 4 months.

They had a Chrysler Voyager 7 seat top of the range allocated. Can only imagine that cost several ,000s to hire for the 4 months.

IamNotAllowedToUseMyName

Luke_Bank wrote: »

Like you said I’ll probably have to go for nearly new on PCP but it’s more per month unfortunately.

The insurance should put you back into the position you were in before the accident. If they cannot organise the same priced lease you are worse off and you should be compensated.