write offs
18-06-2009, 12:49 PM
#1
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write offs
Has anybody got any advice??
I crashed into another car on tuesday
, didnt damage the other car in any way but my front end(body work, radiator, engine etc )was all crumpled.
My car has been takenn away this morning for examination to see if its repairable or a write off.
If its a write off,
1.do i still have to pay my excess?
2.can i pay to get it back and roughly how much does it cost?
3.do car garages except write offs in the scrappage scheme still?
Any advice would be helpful asap
Cheers
I crashed into another car on tuesday
, didnt damage the other car in any way but my front end(body work, radiator, engine etc )was all crumpled.My car has been takenn away this morning for examination to see if its repairable or a write off.
If its a write off,
1.do i still have to pay my excess?
2.can i pay to get it back and roughly how much does it cost?
3.do car garages except write offs in the scrappage scheme still?
Any advice would be helpful asap
Cheers
18-06-2009, 01:02 PM
#2
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As far as i know:
1.You will have to pay excess (ie, if car is worth £1000 and excess is £500 then you will receive £500)
2.Some insurers offer you car back for some money.Ask them!
3.I dont think so. Car has to have MOT and be owned for over 1 year ive been told,ie, in a roadworthy condition?
1.You will have to pay excess (ie, if car is worth £1000 and excess is £500 then you will receive £500)
2.Some insurers offer you car back for some money.Ask them!
3.I dont think so. Car has to have MOT and be owned for over 1 year ive been told,ie, in a roadworthy condition?
18-06-2009, 08:10 PM
#3
20K+ Super Poster.
1 Excess will be deducted from any payout.
2 It's your property until you ACCEPT any offer, so just stipulate that you retain title(car ownership), they are duty bound to settle, and in practice unless car severly badly/dangerously done won't have a problem, buy back cost normally 10% - 20% of market value.
3 Has to be Mot and roadworthy, but you may find some that aren't bothered as they get crushed anyway!
tabetha
2 It's your property until you ACCEPT any offer, so just stipulate that you retain title(car ownership), they are duty bound to settle, and in practice unless car severly badly/dangerously done won't have a problem, buy back cost normally 10% - 20% of market value.
3 Has to be Mot and roadworthy, but you may find some that aren't bothered as they get crushed anyway!
tabetha
18-06-2009, 09:43 PM
#4
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I was involved in an accident and being an old car, they said it may get written off.
They assessed and said repair would be £1600, they justified the car being worth about £2000 so said we can repair it (excess was waved as it wasnt my fault but would have to pay if it was my fault)
Other option was I retain the car, and they give me lump sum of £1600 (repair value) minus VAT so about £1400.
They assessed and said repair would be £1600, they justified the car being worth about £2000 so said we can repair it (excess was waved as it wasnt my fault but would have to pay if it was my fault)
Other option was I retain the car, and they give me lump sum of £1600 (repair value) minus VAT so about £1400.
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