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Hello
have a 2019 m340i. worth i assume around 28k. very cheapest on autotrader is £24,995.
needs some repairs done which have now been quoted at 16k.... apparently they want to replace the whole suspension unit as better safe than sorry, fix dents that were already there. seems a scam to me
i have said that the car is worth mid 20s easily but apparently its a percent and now a write off?
not sure what to do as even if 16k is right i do not have that to fix the car.
- some people have mentioned to go to another garage and get a quote but admiral have said it needs to be one of there approved garages
have a 2019 m340i. worth i assume around 28k. very cheapest on autotrader is £24,995.
needs some repairs done which have now been quoted at 16k.... apparently they want to replace the whole suspension unit as better safe than sorry, fix dents that were already there. seems a scam to me
i have said that the car is worth mid 20s easily but apparently its a percent and now a write off?
not sure what to do as even if 16k is right i do not have that to fix the car.
- some people have mentioned to go to another garage and get a quote but admiral have said it needs to be one of there approved garages
Mirinjawbro said:
Hello
have a 2019 m340i. worth i assume around 28k. very cheapest on autotrader is £24,995.
needs some repairs done which have now been quoted at 16k.... apparently they want to replace the whole suspension unit as better safe than sorry, fix dents that were already there. seems a scam to me
i have said that the car is worth mid 20s easily but apparently its a percent and now a write off?
not sure what to do as even if 16k is right i do not have that to fix the car.
- some people have mentioned to go to another garage and get a quote but admiral have said it needs to be one of there approved garages
Eh?have a 2019 m340i. worth i assume around 28k. very cheapest on autotrader is £24,995.
needs some repairs done which have now been quoted at 16k.... apparently they want to replace the whole suspension unit as better safe than sorry, fix dents that were already there. seems a scam to me
i have said that the car is worth mid 20s easily but apparently its a percent and now a write off?
not sure what to do as even if 16k is right i do not have that to fix the car.
- some people have mentioned to go to another garage and get a quote but admiral have said it needs to be one of there approved garages
DanL said:
Have your insurance company written it off yet, or not? Google reckons 50-60% of the car’s value will write it off, so I’d say it would be likely on a 16k repair for a 20-something car…
yes they have, 50-60% seems low.
the car should be worth around 28k or so resale. trade in motorway have offered 24.5k
Mirinjawbro said:
DanL said:
Have your insurance company written it off yet, or not? Google reckons 50-60% of the car’s value will write it off, so I’d say it would be likely on a 16k repair for a 20-something car…
yes they have, 50-60% seems low.
the car should be worth around 28k or so resale. trade in motorway have offered 24.5k
Eh? So the cars worth roughly £28k, the repairs are £16k, which is over 50% of the cars value so they have written it off, and should offer you somewhere around £28k. You don’t need to worry about the cost of repairs/ percentage or write off etc just what they are offering you in cash. Unless for some reason you really want to keep this particular car.
Glenn63 said:
Eh? So the cars worth roughly £28k, the repairs are £16k, which is over 50% of the cars value so they have written it off, and should offer you somewhere around £28k. You don’t need to worry about the cost of repairs/ percentage or write off etc just what they are offering you in cash. Unless for some reason you really want to keep this particular car.
If he did want to keep it then he could buy it back from the insurers for a small part of the 28K and use 16K of what is left to repair it.darreni said:
Mirinjawbro said:
yes they have,
50-60% seems low.
the car should be worth around 28k or so resale. trade in motorway have offered 24.5k
The whole thread is confusing to me50-60% seems low.
the car should be worth around 28k or so resale. trade in motorway have offered 24.5k
Motorway is not a valuation service it is a low trade bid site.
What does a motorway trade in offer have to do with it?
When one of my cars got written off due to a non fault smash.
The insurer said they went on 60% of the cars value as the limit for repairs, above that and it was written off.
If your insurer are going to play silly buggers then you need evidence of the cars proper value.
Autotrader with cars of the same age, spec and similar mileage is a good start so you can show what it would cost to get into an equivalent vehicle.
It’s how I got close to what I paid for my car, as they low balled me with an offer based on a car with different engine and spec.
Good luck.
The insurer said they went on 60% of the cars value as the limit for repairs, above that and it was written off.
If your insurer are going to play silly buggers then you need evidence of the cars proper value.
Autotrader with cars of the same age, spec and similar mileage is a good start so you can show what it would cost to get into an equivalent vehicle.
It’s how I got close to what I paid for my car, as they low balled me with an offer based on a car with different engine and spec.
Good luck.
A.J.M said:
When one of my cars got written off due to a non fault smash.
The insurer said they went on 60% of the cars value as the limit for repairs, above that and it was written off.
If your insurer are going to play silly buggers then you need evidence of the cars proper value.
Autotrader with cars of the same age, spec and similar mileage is a good start so you can show what it would cost to get into an equivalent vehicle.
It’s how I got close to what I paid for my car, as they low balled me with an offer based on a car with different engine and spec.
Good luck.
thanks.The insurer said they went on 60% of the cars value as the limit for repairs, above that and it was written off.
If your insurer are going to play silly buggers then you need evidence of the cars proper value.
Autotrader with cars of the same age, spec and similar mileage is a good start so you can show what it would cost to get into an equivalent vehicle.
It’s how I got close to what I paid for my car, as they low balled me with an offer based on a car with different engine and spec.
Good luck.
quote from steer mechanics.
""""The wheel requires replacing due to the manufacturer methods from BMW. They state that if there is damage on the spokes the wheel cannot be repaired/refurbed and it needs replacing.
This is a similar case with the steering rack/column, BMW state in their manufacturer methods that if there is damage to the track rod then both the steering rack and column require replacing.
Bonnet is down to be painted only, mostly for colour as we'd be painting front bumper and both front wings.
The headlamp can only be replaced as a complete unit, you can't just replace the glass lens unfortunately.""""
Caddyshack said:
darreni said:
Mirinjawbro said:
yes they have,
50-60% seems low.
the car should be worth around 28k or so resale. trade in motorway have offered 24.5k
The whole thread is confusing to me50-60% seems low.
the car should be worth around 28k or so resale. trade in motorway have offered 24.5k
Motorway is not a valuation service it is a low trade bid site.
What does a motorway trade in offer have to do with it?
CarWow is the same.
Are you having a hire car while it’s repaired? If so that cost is on top. Plus you have any other damage which is found, warranting the work etc.
A £16k repair quote is rarely the final cost, whereas a write off is a fixed known cost. Plus then the action of the scrap car means it can be the more economical option.
You want cheap insurance then you need claims costs kept low.
A £16k repair quote is rarely the final cost, whereas a write off is a fixed known cost. Plus then the action of the scrap car means it can be the more economical option.
You want cheap insurance then you need claims costs kept low.
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