Accident advice - double ended!

[TW]Fox · 23 Aug 2010 at 21:18

Maz said:
Thanks, that does make a lot of sense.

Now next question, do I get an accident management company involved to repair / write off my car?

Do you need similar transport to an A4 and are you that bothered if its written off? Legally speaking you are a trader so you will be expected to accept trade value for the car - so bear this in mind. You should be given the value of your car based on the method you normally use to purchase cars. This is normally a good thing as it helps private owners bump up derisory offers from insurers but as soon as they find you are trade, they will know they are entitled to expect you to accept a trade offer

MikeHiow · 23 Aug 2010 at 21:24

Are you sure about that?

He could have had a sure customer that was willing to pay £3k for it, but trade value is only £2200. In this instance, he's lost £3k, not £2200.

[TW]Fox · 23 Aug 2010 at 21:29

Pretty sure, yea. He doesn't have this customer, and he can't prove he does without lying and its just not worth fraud for a £3k Audi, is it? They'd want to know why he was driving it if there was a customer ready to buy blah blah, its a world of pain he doesnt need.

Maz · 23 Aug 2010 at 21:45

Loss of earnings perhaps? Seeing as I'm self employed and this car had a margin of £1100 and to find another one for amount I paid and the time spent prepping it - would be quite difficult.

I don't want it repaired because it means that opportunity to sell this car is further away when realistically I'd sell it within the next two weeks anyway.

If it's written off then that's fine just as long as I get a fair price for it (Cap Clean £2275) (Cap Retail £3995) I was only asking £2995 for this car.

Edit: not bothered about a replacement car.

DM · 23 Aug 2010 at 22:07

I think you're scraping the barrel going after loss of earnings.

PMKeates · 23 Aug 2010 at 22:18

DiamondMark said:
I thought the golden rule for a traders policy was never claim for anything, unless it was an epic disaster.

It's kind of funny, but my dad follows that rule. He once had a group of people break in and steal multiple cars, taking them for a joyride around the town.

Didn't claim a penny!

DM · 23 Aug 2010 at 22:22

PMKeates said:
It's kind of funny, but my dad follows that rule. He once had a group of people break in and steal multiple cars, taking them for a joyride around the town.

Didn't claim a penny!

My brother was the same when he was in the car game too.

Maz · 24 Aug 2010 at 00:51

Obviously I'm going to avoid claiming on my own insurance if possible as the excess is quite high!

I just want the car fixed quick (less than a week wait) or written off and paid out quick.

I was also the only driver with a passenger so it makes my story for the sequence of events stronger should any of the other parties dispute any liability.

[TW]Fox · 24 Aug 2010 at 08:13

Maz said:
I was also the only driver with a passenger so it makes my story for the sequence of events stronger should any of the other parties dispute any liability.

Sadly not - your passenger does not count as an independant witness.

I cant see how the guy at the back can dispute, though.

Maz · 24 Aug 2010 at 08:18

[TW]Fox;17225760 said:
Sadly not - your passenger does not count as an independant witness.

I cant see how the guy at the back can dispute, though.

Ah ok, well we took pictures of the cars and it shows the who hit who!

Police were there, but they were just passing coppers and they closed the road until we got sorted - didn't get an incident number or anything.

DM · 24 Aug 2010 at 08:47

Maz said:
Obviously I'm going to avoid claiming on my own insurance if possible as the excess is quite high!

I just want the car fixed quick (less than a week wait) or written off and paid out quick.

I was also the only driver with a passenger so it makes my story for the sequence of events stronger should any of the other parties dispute any liability.

You aint getting that fixed through insurance in under a week or paid out too quick, and your witness aint impartial.

You might as well just accept yesterday wasnt one of your finest days and let this take its course, those insurance companies dont give a toss that you are a trader in a rush.

Maz · 24 Aug 2010 at 09:16

Great

DM · 24 Aug 2010 at 09:22

Maz said:
Great

Believe me i know about those days

Maz · 27 Aug 2010 at 15:32

Ah **** sequence of accident is being disputed by 3rd party

I have to claim for the damage to my vehicle on my own insurance

£600 excess!

DM · 27 Aug 2010 at 15:40

Maz said:
Ah **** sequence of accident is being disputed by 3rd party

I have to claim for the damage to my vehicle on my own insurance £600 excess!

Plus the bump in premium next year, dont bother, fix it cheap and stick it in the auction.

Will Gill · 27 Aug 2010 at 15:43

claiming on a traders policy is best avoided if at all possible, they can hike premiums through the roof sometimes, might be worth taking it on the chin, even if you get a no fault claim you still have to declare it and they can load premiums anyway.

Maz · 27 Aug 2010 at 15:45

DiamondMark said:
Plus the bump in premium next year, dont bother, fix it cheap and stick it in the auction.

Well Audi are saying it's a total loss!

To fix it needs, bonnet, front bumper, bumper reinforcer, 2x lights, radiator, ac condensor, rear bumper, tail gate, aswell as painting!

So whatever my ins company see the value at minus £600 by the looks of it now, and then I'll have to pursue that £600 from 3rd party - not worth it really is it?

Will Gill · 27 Aug 2010 at 15:47

Maz said:
Well Audi are saying it's a total loss!

To fix it needs, bonnet, front bumper, bumper reinforcer, 2x lights, radiator, ac condensor, rear bumper, tail gate, aswell as painting!

So whatever my ins company see the value at minus £600 by the looks of it now, and then I'll have to pursue that £600 from 3rd party - not worth it really is it?

nope

DM · 27 Aug 2010 at 15:49

Maz said:
Well Audi are saying it's a total loss!

To fix it needs, bonnet, front bumper, bumper reinforcer, 2x lights, radiator, ac condensor, rear bumper, tail gate, aswell as painting!

So whatever my ins company see the value at minus £600 by the looks of it now, and then I'll have to pursue that £600 from 3rd party - not worth it really is it?

I would seriously just buy second hand bits and get it done cheap by whoever does your cheap trade work.

Or if thats not going to yield more than selling the salvage i would just do that and call it a bad day

Will Gill · 27 Aug 2010 at 15:51

definitely put it down to experience and move on, have a few beers and buy a random car random on ebay, works for me