RIP my first car (2001 Renault Megane Coupé 1.6)
- Thread starter buckeejit
- Start date
thanx mate, I still feel sad, it's honestly like I've lost someone close to me lol but yeah, I suppose it could have been worse.
okay guys, need a bit of advice:
The car is a write-off and it cost me £1050 three months ago. I have insurance and that costs me £120/month. I was planning on getting the car scrapped and not claiming on my insurance, I would then just cancel the insurance but I'm not sure.
Any advice would be greatly appreciated.
The car is a write-off and it cost me £1050 three months ago. I have insurance and that costs me £120/month. I was planning on getting the car scrapped and not claiming on my insurance, I would then just cancel the insurance but I'm not sure.
Any advice would be greatly appreciated.
thought so but hopefully the insurance company will let me cancel the policy. Am I right in saying that when I get a new car in a few months and go to get insurance, I'll be treated like a new driver or will the early cancellation of my current insurance policy be on my record?
Soldato
You won't get a years no claims, so when you do get another car you will effectively be starting again from scratch. Best thing to do is to find something thats the same/similar to insure as the megane was, buy it and change the policy over. That (Even inclusing buying the car) is probably the cheapest option in the long run,
thanks for the reply mate. I won't be able to get a new car until around April time so are you saying to just keep paying the insurance until then and swap it over to the new car?
Soldato
I think that's how i'd look at doing it. There will be an admin cost to cancel the policy, and some insurers charge a fee to transfer the cover too. You won't save any money this year by doing this, but you should save next year.
The way to test it is to go on a comparison site and get a quote with 1 years experience and NCD and one without.
Soldato
This makes absoultely no sense.
You say the car has been written off, yet you havent claimed on your insurance? The insurers are the people who write cars off! Which professional body has declared that this vehicle is uneconomical to repair?
You say in your first post you have paid £60 to have the car scrapped, so why are you planning to do something you have already done?
Caporegime
unless he's using the word "write off" as a polite way of saying its proper ****ed
rather than any specific technical term ?
OcUK motors fail..
You need pics of epic accident, otherwise we are unable to specualte about the circumstances of the incident, and diss your driving ability!
Bad luck! Chin up, your alive, cars can be replaced
Perfect OCUK reply
It's a £1000 car, you so much as bend a panel in one of them and it'll get wrritten off.
If it's been stuffed into a lamp post at dual carriageway speeds then one would assume it is indeed "proper ****ed" insurance declared or not.
unless he's using the word "write off" as a polite way of saying its proper ****ed
yup, the car is proper ****ed
I was told by a few mates to scrap the car as it's of no use, cancel my insurance and just reapply for insurance when I get a new car in a few months. My head's pickled and I don't know what to do
If I keep paying the insurance and swap it over when I get a new car, it'll take longer as I'll not be putting away as much money for a new car as I'd be paying for the insurance, if that makes sense?If police were not involved you could just cancel the policy dispose of the car and chalk it up to experience, but since they were involved its very unlikely the council will have not been made aware and as such they will be looking to claim the cost of the lamp post etc back off yourself, so you may not have a choice in the matter sadly
I was told by a few mates to scrap the car as it's of no use, cancel my insurance and just reapply for insurance when I get a new car in a few months. My head's pickled and I don't know what to do
Some insurers will allow you to suspend a policy and whilst you will still have to make your monthly payments you may get a refund upon re-instating it. This way you can avoid any cancellation fees and having to pay a deposit etc.
Soldato
I was told by a few mates to scrap the car as it's of no use, cancel my insurance and just reapply for insurance when I get a new car in a few months. My head's pickled and I don't know what to do
What you're up against is that it will cost you £480 to keep it running until april, but you could save twice on that on renewal if you keep it running.
What you need to do is pick a car you might want to buy (106, 306, Astra or whatever), go on ebay, find one for sale, write down the reg number an go onto confused.com.
Once there input the details as a new driver and get a quote. When you've done that input the same car details, but change yours to having held your license for a year, and having a years no claims. If the differance is significantly more than £480 then obviously keep the policy running. I'd be mildly surprised if it didn't save you a lot of money to keep it running, although as you say you'll have less to buy a car to begin with.
Also i'd question what budget you're looking at spending on a car. You can get something half decent for £500 if you look around. My mate got a 106 for £295 off ebay becuase the auction finished at 3:00am. Yes, it's a bit beat up but it does the job and only needs to last a year.
Use this as experience, cut the cat off the megane and tat it in separately then you'll know how roughly how much you'll get for a scrap car, and how much rent you'll have to pay on a banger for a year if the worst came to the worst. Then go out and find a car at about £500 with 12 months MOT. If you get two years it's a bonus, but all the time you're building up to get something much better in three or four years time.
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You cannot insure something you have no insurable interest in - and if you are doing it for financial gain (ie retention of NCB) then this is fraud, no?
I wouldnt be advising people to do that if I were you!
Once it isnt his car anymore, he cannot have an insurance policy in force on it.
police told me mum that no others were involved and that there was no damage except the car so hopefully it's alright.