Update!
So Admiral’s new valuation is £10,500 – Still above their total threshold for all their costs so far and going forward. But, I mentioned BMW are willing to give me a courtesy car and they’ve come back to say that if BMW can get the repair figure down to £6500~ then they should be able to authorise repairs and not mark the car Cat D.
If BMW can’t get to that figure then it would be a Cat D and the salvage cost is 34%, so I’d be left with near enough £7000.
I asked about option 2, getting my car moved to my mate’s bodyshop and repair re-estimated. They said this is fine but they will explore option 1 first with BMW and see if they can get the figure down. I know for sure my guy will come in well below £6500 for the repairs, but they can’t provide a courtesy car of course – Although it’s only down the road and around 2 weeks repair. It would also mean I keep the insurer’s hire car for the duration of the option 2 repair.
Will find out tomorrow to see if BMW will drop their repair price to suit. I reckon they may well budge, as it is £6500 worth of business after all.
BMW said they have a 15 plat Pug if the exhaust stock turns out will arrive within weeks, but if it stays March then they’d upgrade the car to a BMW.
Looks like I have 3 feasible routes to take then.
1: BMW after they drop their repair price and Admiral give the OK. No Cat D.
2: Local bodyshop repaired at insurer's expense (far less than BMW). No Cat D.
3: Accept Cat D then buyback as salvage leaving £7000 to bank. Get car repaired by local bodyshop for half that and pocket the change.
As it stands, I prefer option 1 at the moment, but if BMW don't feel like dropping the price in the best interest, then 2 or 3 it is.
More fun and games.