Hi,
My car was hit from the back (other party has addmitted responsibility) and was declared a total loss. My insurance company is ready to pay me the market value (deducting the salvage costs), but refuses to sell me back my car.
The irony is that the damage is quicte negligible and the car is perfectly drivable. Furthermore, the car is now in my posession (I have recovered it from their workshop).
Is there any way I can "persuade" them to sell me my car back?
Many thanks for yor answers.
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From what you are saying they haven't actually paid you yet? Surely there is room for negotiation/discussion? When/if they do pay you the car is theirs and they can do what they like with it although not selling it to you seems less than helpful - they are going to sell it to someone, in the end.
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Has it been inspected by an engineer?
Maybe his mother-in-law needs a cheap motor...
Cynical? Moi?
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Your Ins Co is not playing ball!!!
Get the 3rd party Ins Co to pay you directly and not claim on your own Ins cover - then buy the car from the 3rd party insurer!
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To: Falkirk Bairn
Thanks, that's an interesting option.
I am, however, already using the hire car from my insurance company (although that would surely be paid by the third party' insurers), does it mean I have to stick to my company now (the claim has been made and I use their services), or it doesn't matter..?
Thanks.
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to: mike hannon
With the price tag they have put on my repair, I'm sure his mother drives a lexus -)).
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to: Armitage Shanks
Indeed. However, in the letter they sent me they have said beforehand that it is not their policy to sell (for some regulations reasons). I haven't talked to them yet, just gathering advice now, to be prepared.
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some insurance companies have a strict no sell back to owner policy,the coop is one that springs to mind,the reason is so that another claim cannot be made by the owner for similar damage
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To: Bell boy
That's an interesting idea: perhaps by telling them that I will continue my insurance as third party only I might have a chance to be treated with less suspicion in that respect...thanks.
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To: All
Does anyone know - If I manage to keep the car, to go on driving it, do I have to simply repass MOT (I passed it just one month ago), or would it be more difficult?
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you havent said what abi classification they will list it as
a
b
c
d
x
u
?
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To: Bell Boy
I don't know yet, but I assume this would be D (the rear part of the boot is deformed, but not too much).
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Are we talking superficial panal damage eg a replacement boot lid would make it perfect, or are we talking the boot floor is rippled. Saying the car is drivable doesn't mean too much - have you ever watched banger racing? There are degrees of drivable!
If the floor is rippled then I can see an insurance company would wish to ensure a proper repair is carried out. If not, what could happen to the rear seat passengers in a subsequent rear ender if the cars crash worthiness has been compromised?
Edited by Chris M on 26/08/2009 at 14:31
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To: Chris M
Yes, it's just the boot door and the boot back wall that were deformed. The garage estimate listed only those as replacements. No floor repairs.
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