Has anybody bought their car back after a total loss?
#1
Scooby Regular
Thread Starter
iTrader: (6)
Join Date: Apr 2005
Location: Stroke it baby!
Posts: 33,828
Likes: 0
Received 0 Likes
on
0 Posts
Has anybody bought their car back after a total loss?
The wife was driving along on Saturday when some spanner jumped a give way line and crunched into the front of our car, then sped off.
There is only quite minor damage to our car (wing, bumper, bonnet and bumper). However it's looking quite likely it's going to be a total loss due the price of these parts new. Being an M sport the bumpers cost ££££££.
However by sourcing second hand parts and having some of it repaired rather than replaced, I reckon I could get it done for less than £1k. BMW are talking about £5k+.
What is the procedure for buying back your car? Also does anyone have any idea what we will need to part with for it?
Car is a 2002 530D M Sport.
There is only quite minor damage to our car (wing, bumper, bonnet and bumper). However it's looking quite likely it's going to be a total loss due the price of these parts new. Being an M sport the bumpers cost ££££££.
However by sourcing second hand parts and having some of it repaired rather than replaced, I reckon I could get it done for less than £1k. BMW are talking about £5k+.
What is the procedure for buying back your car? Also does anyone have any idea what we will need to part with for it?
Car is a 2002 530D M Sport.
#3
Scooby Regular
iTrader: (1)
My impreza got rear ended last year, I went to reputable bodyshop and was quoted £1500 to repair. I rang the other drivers insurance company up and told them about the quote. The following day they rang back and said due to the value of my car it would be written off, they offered me £1400 and my car, I had the money in my account the same day. I bought a second hand bumper and bumper bar, front bumper resprayed, boot, spoiler and rear quarter done for £800.
#5
Scooby Regular
iTrader: (2)
Join Date: Jul 2010
Location: south west
Posts: 87
Likes: 0
Received 0 Likes
on
0 Posts
I bought my old megane off the insurance after being rear ended I bought it for 10% of the full payout so a bargain at £90 then sold it a week later for £500 as a cat d, as the damage was just to the back bumper
Trending Topics
#9
Scooby Regular
yes
my VGC 1990 BB Oak Green Golf 16v got rear ended about 4 years ago
the insurance loss assessor suggested it was only worth £600 quid (pre crash value)
i told him he was talking out of his sphincter and that this model was quite sort after and worth at least £1300.00
after a bit of negotiation we settled on a figure of £900 -- and I kept the car
unfortunatly it was beyond economical repair -- and I sold it whole for scrap for about £250 quid
the bottom line is they will do a deal as it saves on admin etc (they dont want to have to dispose of your car etc)
my VGC 1990 BB Oak Green Golf 16v got rear ended about 4 years ago
the insurance loss assessor suggested it was only worth £600 quid (pre crash value)
i told him he was talking out of his sphincter and that this model was quite sort after and worth at least £1300.00
after a bit of negotiation we settled on a figure of £900 -- and I kept the car
unfortunatly it was beyond economical repair -- and I sold it whole for scrap for about £250 quid
the bottom line is they will do a deal as it saves on admin etc (they dont want to have to dispose of your car etc)
#10
Scooby Regular
Join Date: Sep 2006
Location: RIP Tam.
Posts: 5,108
Likes: 0
Received 0 Likes
on
0 Posts
When I erm crashed my RA in 2008 although it was not repairable and they paid me out around 3.5k I could have purchased it back for around £700 and broke it myself.
#11
The wife was driving along on Saturday when some spanner jumped a give way line and crunched into the front of our car, then sped off.
There is only quite minor damage to our car (wing, bumper, bonnet and bumper). However it's looking quite likely it's going to be a total loss due the price of these parts new. Being an M sport the bumpers cost ££££££.
However by sourcing second hand parts and having some of it repaired rather than replaced, I reckon I could get it done for less than £1k. BMW are talking about £5k+.
What is the procedure for buying back your car? Also does anyone have any idea what we will need to part with for it?
Car is a 2002 530D M Sport.
There is only quite minor damage to our car (wing, bumper, bonnet and bumper). However it's looking quite likely it's going to be a total loss due the price of these parts new. Being an M sport the bumpers cost ££££££.
However by sourcing second hand parts and having some of it repaired rather than replaced, I reckon I could get it done for less than £1k. BMW are talking about £5k+.
What is the procedure for buying back your car? Also does anyone have any idea what we will need to part with for it?
Car is a 2002 530D M Sport.
#12
Scooby Regular
iTrader: (5)
Join Date: Jun 2006
Location: newquay
Posts: 6,880
Likes: 0
Received 0 Likes
on
0 Posts
my impreza was written off after being stolen in dec, told them i would wantto keep the car when sorting out the claim, they sent my money, minus 30% for salvage and then my excess
will soon be back on the road better than she was before with a few more additions
will soon be back on the road better than she was before with a few more additions
Thread
Thread Starter
Forum
Replies
Last Post
trapper2013
ScoobyNet General
6
30 October 2015 03:10 PM
domu
ScoobyNet General
7
03 October 2015 03:46 AM