After a motor vehicle accident on a PCP

MCNAV

Does anyone know if you can claim on the party at faults insurance for your PCP fees whilst the vehicle is in repair?

I don't think it's fair whilst your vehicle has been involved in an accident that wasn't your fault, to wait 1-2 months sometimes for your vehicle to get repair, whilst throughout that time still paying for PCP costs. Does anyone have any experience with anything similar? I know they give you a rental vehicle usually, but it's always a few grades down from what you are paying and doesn't compare.

Aretnap

For a non-fault accident with a hire car provided by the third party, the hire car should be like for like, or as close as reasonably possible. As opposed to claiming for a replacement car through your own insurance policy, where what you are entitled to depends on the terms of your own policy, and may well be a few grades lower if you didn't buy the "hire car plus" add on or whatever your insurer calls it. 

Alternatively you can claim a cash sum for loss of use of your car - however the amount you can claim for loss of use isn't necessarily the same as the PCP fee. A chunk of the PCP "fee" is you paying off a debt which you would have to pay off whether you were driving the car or not.

You certainly can't claim both a hire car and a loss of use fee. 

neilmcl

This would be classed as a non-insured loss and you'd need to go down the legal route to recover.

Ectophile

I don't suppose you'd get very far with that claim.  You want somebody to lend you a car for free, and pay the finance on your car as well.  You would end up profiting from that, and compensation isn't supposed to leave you better off than you were before.

ontheroad1970

This is one of those times when PCP is definitely NOT a rental.  It's often treated as such, but legally it's a purchase on finance

photome

Is this a different car to the one you got a refund on.  If so I am surprised you went down the pcp route again.

but no ,why should anyone else pay your loan payments when you have use of another car

AdrianC

And let's not forget the PCP mileage cap... If the OP does 1,500 miles in the rental car while he has it, that's 1,500 more miles he can do in the PCP'd car before hitting the cap.

What's the excess mileage rate, ~10p inc VAT? So that's £150 you need to offset against this claim...