Insurance, value

Makes you wonder why you have insurance, doesn't it?

Apparently, it doesn't seem to trouble a lot of folk these days who don't bother anyway!
Crazy thing is, sadly I can see where these people are coming from...

I had a bit of a spat with an insurance valuation blokey a few years back over my CX GTi Turbo
which had a bit of an unfortunate moment with a trailer (don't go there, please...). His view was
the value is determined by the mileage and the overall appearance/state of upkeep on the
bodywork. The fact that the car was sitting on x4 correct 200quid EACH new tyres, had just had
a new clutch, turbo and exhaust fitted in the past 12 months was an irrelevance as these were
deemed running cosrtst/service items and had no bearing on the value of the car.

It was a bit difficult to determine apart from pictures of the pre accident condition the condition
and lustre of the paint etc atc and he and the insurers weren't in the remote bit interested
anyhow.

In the end I got the p¡ss of them and told them in very clear terms what I thought of them all
and where they could stick my other 4 car policies but I've no doubt the current mob I'm with
will be just as rubbish.

Dammit! We're paying the same insurance premiums as the muppet in a new Prius with a remote
chance in Hell we'll even get a payout large enough to get an equivalent 15 year old model like
for like and the excess is there to knee you in the balls if there is a payout and they don't sting
you for the salvage for you to keep useful parts if it's a write off.

The whole thing is just another crap Government enforced rip off where they get a slice of the
the takings too... (yet again!!)





These cars found on ebay and Autotrader; what kind of information can you actually reference
from them to determine their condition? I imagine if you'd looked on Autotrader or ebay about
6 months ago (when was the accident) there may ahve been a bit more money floating about
and more buoyant values compared to a depressed and depressing marketplace today.


Andrew

The fleabay cars both ended 12 June and the salvage people had croppod the listings so you could not see the pictures the description or the ref. no..I have emailed one of the sellers to find out more about their car so here's hoping.The Autotrader one is current.The accident was10 days ago.

This probably won't help your case then but was all I could find:
http://tinyurl.com/5hrz87

Quite fancy this actually - didn't find a buyer several times through ebay.

Andrew

and this with 'just' some time to run and showing 300..

http://tinyurl.com/5p8cdj

and another at 300!!

http://tinyurl.com/6hrnoh

This post has been edited by Andmcit on July 12, 2008 08:06 pm

Andmcit
Thanks for those, I'll keep an eye on them and see what they fetch.