Market value.....like *** is it

Associate
Joined
4 Dec 2002
Posts
316
Location
Chelmsford
Right quick story for you :)

My car was involved in a non fault accident just before Xmas, and has now been written off by my insurance company, their 'Independant' assessor has taken a look at the vehicle and valued it at £7300....I purchased the vehicle in Aug so 4 months before the accident for £8700....I have done an additional 10K miles but I cant see it reducing the value by £1400...anyway car details below, I have searched Autotrader and reckon it should be around £8300...

Ford Mondeo 2.0TDCI GHIA X 130 6 Speed, Black, full leather, FFSH, 4 new tyres in Aug, all the normal GHIA X extras :) had 48K miles when I bought it, and had 60K when it was crashed:(

Syngress
 
well this is the second assessor to 'look' at the vehicle, he did in fact raise the cost by £250 as the original price was based on the 115 and not 130 version....he also told me they base their 'market value' on the glasses guide retail value, I tried to explain to him that that is pointless when the real market at the moment dicates this car costing a lot more, and he only needs to look on autotrader to see this is the case...he said they wouldn't consider autotrader, and that now the insurance company will write to me to let me know how to prceed.. :(
 
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