Help - rear ended!

[Jamesyboyjim]

Sounds like the classic "insurance company is paying, stick a few 000's on the bill"

 

[Liquidfox]

They seem to be charging £180 for a parking sensor, they look to be about £15-20 each, although probably non OEM but good enough for me. £600 for a bumper when there are perfectly good ones on eBay for £100.

An insurer will only use new OEM parts, hence the cost. If you wanted to repair it at those costs then feel free to source the parts yourself.

The body shop have also quoted £150 for a new tyre, even though it's a Potenza runflat 18" 255, hardly a 20" Pilot Sport 4S.

A Bridgestone 255/40/18 is £183 new.

 

[Dunks]

Great, so the insurers say they won't cash in lieu as apparently the car is not road worthy.

So now my options are category N + £2600 and repair it myself and lose out when selling or just take the £3600 and lose out on the money I've spent (new shocks, pads and discs all round etc etc)

 

[bloodiedathame]

Great, so the insurers say they won't cash in lieu as apparently the car is not road worthy.

So now my options are category N + £2600 and repair it myself and lose out when selling or just take the £3600 and lose out on the money I've spent (new shocks, pads and discs all round etc etc)

"A Category N vehicle has also been written off by the insurer as it was uneconomical to repair, but the difference is that it suffered non-structural damage. The vehicle's structural frame or chassis did not suffer any damage."

Offer them £2k for it?

 

[On Holiday]

x

 

[Dunks]

"A Category N vehicle has also been written off by the insurer as it was uneconomical to repair, but the difference is that it suffered non-structural damage. The vehicle's structural frame or chassis did not suffer any damage."

Offer them £2k for it?

It's going to get a Category * marker on it regardless of what path you take (buying back / repairing) etc.

If I'm reading correctly, they're offering a £1000 buy back value on it then? Seems rather unusually high if they're only offering £3600 as a total pay out.

Have a look what Cat N's of your model sell for and weight that up against your losses if you just take the £3600 (is the £3600 close to the value of a similar age/mileage model?)

Yeah, if I go the category N and buy back option they'll give me £2600, so £1000 to buy the car back. I would have thought that the buy back value would be closer to 10-20%, so £360-720.

There's not many cat D Z4s up for sale, but I was planning on keeping the car for years to come, so maybe it might not matter too much when I end up selling it as it probably won't be worth £3k even non-cat D then.

 

[Dunks]

So I'm going down the route of just taking the cash and then keeping the car, but I'm challenging the valuation.

An issue I'm having is that last week Enterprise, who are the car hire company, contacted me saying the insurers will no longer be paying for the hire car as they have reached a settlement and I will need to drop the car back off on Friday.

I called the insurers claim management company, on Thursday the 2nd as no settlement has been reached, who asked if I wanted it extended, I asked for an extension until Monday the 13th as I needed it last weekend for a 400 mile round trip, and again next weekend for an even longer trip. They said "Oh we cant do that, we thought you were going to ask for a week's extension, we can so until Wednesday the 8th".

I've got the car until Wednesday for the moment, but need it for all of next weekend and I am happy to relinquish the car on the Monday even without an agreed settlement.

Any ideas where I stand on this?