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CoPart scrappage Valuation
insurers transferred my accident damaged vehicle to CoPart for assessment. When i reas that, I could tell it’s already been decided to write it off as they are a salvage company. And so it was, cat s.
Anyone had any negative experiences with CoPart trying to undervalue a vehicle. They seem intent on down playing a value, and when i proved them wrong, following their convoluted processes, they claim within 48hrs to review, a week later … silence, they are still dragging their heels and creating difficult stipulations for a re-review. Claiming they can’t read the email. Even seen a salvage on their own site with a similar model valued higher than my own.
It’s like they are doing anything in their power to ensure they make a profit.
Anyone had any negative experiences with CoPart trying to undervalue a vehicle. They seem intent on down playing a value, and when i proved them wrong, following their convoluted processes, they claim within 48hrs to review, a week later … silence, they are still dragging their heels and creating difficult stipulations for a re-review. Claiming they can’t read the email. Even seen a salvage on their own site with a similar model valued higher than my own.
It’s like they are doing anything in their power to ensure they make a profit.
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Comments
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Deleted_Userlj said:Even seen a salvage on their own site with a similar model valued higher than my own.
It’s like they are doing anything in their power to ensure they make a profit.
They give an estimate of the vehicles retail value when repaired.
Copart sell different categories of damaged vehicle.0 -
sevenhills said:Deleted_Userlj said:Even seen a salvage on their own site with a similar model valued higher than my own.
It’s like they are doing anything in their power to ensure they make a profit.
They give an estimate of the vehicles retail value when repaired.
Copart sell different categories of damaged vehicle.0 -
Deleted_Userlj said:Think that’s part of their hope, that you don’t have any way to prove undervalue so they can make the market value claim, knowing it’s hard to disprove. Particularly difficult for comparison purposes as mine has options on it so like for like is luck of the draw. They’ve even claimed the models are differentThere are obviously different valuations, trade-in value, auction value, private sale value, main dealer/small dealer value etc.I have used this in the past, seems good. My car is valued at -
Selling privately - £3179.00
Part exchange - £3042.00
I paid £2,500 for it about four years ago, Ebay and I thought it was cheap at the time.
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sevenhills said:Deleted_Userlj said:Think that’s part of their hope, that you don’t have any way to prove undervalue so they can make the market value claim, knowing it’s hard to disprove. Particularly difficult for comparison purposes as mine has options on it so like for like is luck of the draw. They’ve even claimed the models are differentThere are obviously different valuations, trade-in value, auction value, private sale value, main dealer/small dealer value etc.I have used this in the past, seems good. My car is valued at -
Selling privately - £3179.00
Part exchange - £3042.00
I paid £2,500 for it about four years ago, Ebay and I thought it was cheap at the time.
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