Car accident No MOT - Please help

immi_geez

@Takmon that's a million pound question

Recently switched jobs and re-located to a new town are few of the reasons that springs to my mind.

Anyways, I raised the complain to which I have received a letter from Hastings saying that we have reviewed your car evaluation across three motor guides and we are paying you the average value. If I am still not happy I should get in contact or take it further with Ombudsman.

I don't think I am going to get anything more out of them unless Ombudsman steps in and decides that my car is actually worth more and has been under valued.

I am making a final case with all the service history proofs and examples of market value for similar age/millage cars for the complains team. I will update you with the progress.

Thanks a lot for all the responses so far.

Cheers,
Immi

dacouch

Ask them the the values from each guide and tell us what they are.

The Ombudsman has a system they should use if the values differ, it includes disregarding one of the values if it differs dramatically from the other two. This may help you if they are averaging the three valuations and one is dramatically lower than the rest

Jumblebumble

dacouch wrote: »

Ask them the the values from each guide and tell us what they are.

The Ombudsman has a system they should use if the values differ, it includes disregarding one of the values if it differs dramatically from the other two. This may help you if they are averaging the three valuations and one is dramatically lower than the rest

Do these guides really price up in any meaningful form the value of an 11 year old car with no MOT ?
I would be astonished if anyone could evidence this.

immi_geez

@dacouch the three evaluations as stated in the correspondence are as follows; Parker £2905, Glass £4460, Cap £3982.

@Jumblebum I don't think evaluations are factoring in no MOT aspect, that's a deduction they are making afterwards.

dacouch

immi_geez wrote: »

@dacouch the three evaluations as stated in the correspondence are as follows; Parker £2905, Glass £4460, Cap £3982.

@Jumblebum I don't think evaluations are factoring in no MOT aspect, that's a deduction they are making afterwards.

The Ombudsman have simplified their page on valuing vehicles to make it more user friendly and as a result have taken a lot of the detailed technical instructions it used to contain

I can't seem to recover the page from waybackmachine.com any more, if you find a way to obtain an archive of it look for a date about 3 years ago

"To decide whether a valuation is fair, we compare it with prices in online motor trade guides such as Parkers, Glass, CAP and Cazana.

We’re likely to agree with your valuation if the amount is in line with the guides. But if we think your valuation is unfair, we’ll tell you to adjust it using the guide prices.

https://www.financial-ombudsman.org.uk/businesses/complaints-deal/insurance/motor-insurance/vehicle-valuations-write-offs

"If a guide price is significantly higher or lower than the others, we may think it’s reasonable to ignore it. This depends on the value of the vehicle. For example, a difference of £200 would be significant for a £1,000 car, but not for a car worth £9,000."

It used to explain this exact example far more clearly with examples but they have boiled it down to this which would appear to be in your favour.

Two of the guides are in effect owned by the same company

How much have they offered you?

immi_geez

@dacouch

Thanks for your detailed reply mate, appreciated.

The final value that I have been offered is £3799 after a 10% deduction due to no MOT.

dacouch

That seems about right, they have disregarded the lower valuation as it is so far from the others and then averaged the other two valuations and deducted 10%

Seems you have beaten them

http://www.breakfastinabag.co.uk/

mumf

cajef wrote: »

If you are going to make posts get your facts straight, no MOT does not invalidate any insurance.

You sure?
https://www.thinkmoney.co.uk/news-advice/is-car-insurance-valid-without-mot-0-5903-0.htm

Quentin

mumf wrote: »

You sure?

Certain sure

The FOS says so too

(Which trump's thinkmoney!!)

It's an urban myth

No mot does not invalidate your insurance!!

mumf

Quentin wrote: »

Certain sure

The FOS says so too

(Which trump's thinkmoney!!)

It's an urban myth

No mot does not invalidate your insurance!!

Well,I would not want to test that.As far as I am aware,MOT,insurance and tax,are legal requirements. If it is the case that driving without a valid MOT does not invalidate your insurance,then why bother with one at all?

I was rather intrigued by this,and read up about it.In the case of a rear- end shunt ( like the OP) ,then the insurance company WILL pay the third party,so they are not at a loss.It would appear also ,that if the MOT is pre booked then you are ok.However,if the accident is directly because of unroadworthy status,you can be chased for the money. It is complex.

I would not test it. Then again,I don't let such things lapse.