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Show Us Your Motors!

Discussion in 'Motors' started by Lopéz, Oct 18, 2002.

  1. Kenai

    Capodecina

    Joined: Apr 5, 2009

    Posts: 18,557

    Why do your insurance need to know you've paid less? They only ask for an estimated value or market value, not their business if you paid below market value.

    If I had paid £7500 for a £10000 car, the insurance would still be getting told the value is £10000
     
  2. WoodyUK

    Soldato

    Joined: Dec 29, 2009

    Posts: 6,313

    I've an ongoing claim (write off) for a car I bought 2 months ago for £15,000. They wanted to pay out £11500. After a bit of arguing with them I've told them it's not possible to place me back on the road in the same model/year/mileage/condition car and so I want a lot more than their initial offer of £11500. The claimhandler referred it to a senior team to re-evaluate the value etc etc to which I'm waiting to hear back from (though will chase up again tomorrow)

    I just thought that if I then go and change my policy to a £10-£11,000 different model/year car then they might be less inclined to pay what I was hoping for.
     
  3. rodenal

    Capodecina

    Joined: Dec 7, 2011

    Posts: 10,163

    Well no, because it's a different car
     
  4. Moeks

    Sgarrista

    Joined: Feb 24, 2003

    Posts: 8,223

    They will go with the market value of the car you lost, which is probably going to be less than you actually paid if you bought it from a dealer (they aren't going to care what you have managed to buy in the meantime). This is why they try to sell you GAP insurance, which I could heap a lot of criticism on ...but in the case of where you buy a car of sufficient value and it's written off so quickly leaving you thousands out of pocket ...then it is actually worth something.
     
  5. WoodyUK

    Soldato

    Joined: Dec 29, 2009

    Posts: 6,313

    Alright, just didn't want to give them any excuse for trying to pay less especially when one of my arguments were that I could not afford to be placed in the same vehicle with the money they wanted to pay out.

    I thought GAP was for financed vehicles / new vehicles - learn something new every day!

    Private <-> Dealer prices aren't incredibly different for the car that was written off. There are none for sale at what they offered though, if there is then there's something wrong with it. (2008 Subaru WRX STI hatch, 25k miles)

    The thread on it is here anyway.
     
  6. Moeks

    Sgarrista

    Joined: Feb 24, 2003

    Posts: 8,223

    It's usually used with financed vehicles and new vehicles yes but you can use it for cars that are a few years old you buy for cash, it just guarantees the invoice value of the vehicle for x amount of time should something happen to it.
     
    Last edited: Nov 16, 2015
  7. iaind

    Capodecina

    Joined: Feb 26, 2009

    Posts: 14,814

    Location: Exeter

    You've not been placed in the same vehicle though?

    If you wanted to buy a £500 mk1 mondeo and the rest on haribo then you could. The argument about not being able to buy the same car for that price is still valid
     
  8. Aeleys

    Soldato

    Joined: Aug 25, 2010

    Posts: 5,216

    Potato cam

    [​IMG]
     
  9. MikeTimbers

    Soldato

    Joined: Oct 18, 2002

    Posts: 6,844

    Location: New Eltham, London

    [​IMG]

    240hp Portfolio XE in Ultimate Black, 18" Templar wheels, Light Oyster interior. Slight upgrade from my 1998 Vectra!
     
  10. ShiWarrior

    Capodecina

    Joined: Oct 20, 2002

    Posts: 19,192

    Location: Oxon

    slight ??
    that's mega !
     
  11. RoboCod

    Capodecina

    Joined: Jun 19, 2004

    Posts: 17,879

    Location: On the Amiga500

    Diesel though :(

    Looks lovely. How much if you don't mind me asking?
     
  12. [TW]Fox

    Man of Honour

    Joined: Oct 17, 2002

    Posts: 155,316

    No it's not? :confused:
     
  13. MikeTimbers

    Soldato

    Joined: Oct 18, 2002

    Posts: 6,844

    Location: New Eltham, London

    No. it's not. It's a petrol, so to get in the digs before everyone else, the engine is made in the Ford factory in Valencia but to a ECU map designed by Jaguar. yes, the same basic engine is used in a Mondeo and a Focus ST and even a Galaxy. But I don't believe it is mapped to 240hp in any of those.

    How much? It's on a PCP so I paid around £4K deposit, the annual mileage is limited to 8000 and the monthly payments just over £500, with a £12k minimum guaranteed value of 12K after four years. I got around 8% of list and have had it now since July. I love it and find myself making excuses to use it. The phone app is also really good allowing me to see all my journeys, the routes I took, the average speed and MPG. Best I've had was a 145 mile journey at 45.1 mpg with an average speed of approx 70mph ;)
     
    Last edited: Nov 18, 2015
  14. shadow_boxer

    Sgarrista

    Joined: Oct 9, 2009

    Posts: 8,652

    Location: Stoke-On-Trent

    Looks very smart.
     
  15. ianh

    Mobster

    Joined: Jul 12, 2007

    Posts: 4,751

    Location: Saudi and occasionally Stoke.

    The Mondeo's mapped to that however lovely XE you've got there Mike.
     
  16. Jonnycoupe

    Capodecina

    Joined: Oct 19, 2002

    Posts: 11,942

    Location: N.Warks

    Focus ST is 250bhp isn't it?

    The range rover Evoque Autobiography dynamic is 281bhp which is more inline with the ford mountune options.
     
  17. Howard

    Capodecina

    Joined: Jul 12, 2007

    Posts: 15,843

    Location: South East

    Is that still (pretty much) the Ecoboost engine?

    I wonder if I can buy all the bits to get that much power out of mine :p
     
  18. Moeks

    Sgarrista

    Joined: Feb 24, 2003

    Posts: 8,223

    The XE is a very handsome car, that's actually the first I have seen in black and I must say ...looks better than white!
     
  19. wingman

    Mobster

    Joined: Dec 27, 2011

    Posts: 4,783

    The black contrasting with the light interior looks good, as far as I can tell from the outside at least.

    Shame about the alloys, I don't think that suit the style of the car.
     
  20. daveski

    Mobster

    Joined: Apr 15, 2004

    Posts: 2,668

    Location: Nottingham

    Lovely Jag.