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 Post subject: Car Write off - can you appeal.
PostPosted: Thu Jun 11, 2020 14:37 
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Fitness Nut...

Joined: 25th Sep, 2008
Posts: 20007
Location: shropshire, uk
As expected the car has been written off - is it possible to appeal the valuation?

How much will I get for my vehicle?

Your vehicle’s market value: £9500
Your policy excess: £250 - (I understand this is claimed form the 3rd party)
Your early settlement figure: £9803.46
The amount your finance company will receive: £9250 – This payment has been raised on a without prejudice basis to prevent further interest. Please allow your finance company a week or two to receive this and allocate it your agreement number.

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 Post subject: Re: Car Write off - can you appeal.
PostPosted: Thu Jun 11, 2020 14:40 
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ugvm'er at heart...

Joined: 4th Mar, 2010
Posts: 21441
You don't have to accept the first offer from your insurance company.


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 Post subject: Re: Car Write off - can you appeal.
PostPosted: Thu Jun 11, 2020 14:44 
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gooby pls

Joined: 30th Mar, 2008
Posts: 12830
Location: Shrewsbury, UK
Yeah, you can appeal. Try and find cars on AutoTrader that are as close to yours (age, mileage, spec) as possible and use the sale price of those as grounds for getting the valuation adjusted.

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 Post subject: Re: Car Write off - can you appeal.
PostPosted: Thu Jun 11, 2020 14:47 
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Joined: 30th Mar, 2008
Posts: 15656
Yeah, always haggle on this. Usually they'll come up.


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 Post subject: Re: Car Write off - can you appeal.
PostPosted: Thu Jun 11, 2020 14:55 
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"Praisebot"

Joined: 30th Mar, 2008
Posts: 15924
Location: Parts unknown
I remember reading this advice on this very forum and I rejected the first offer on my wife's car. I managed to get an extra £400 so it's definitely worth haggling.


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 Post subject: Re: Car Write off - can you appeal.
PostPosted: Thu Jun 11, 2020 15:17 
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Lord Humongous

Joined: 27th Mar, 2008
Posts: 46238
Location: The erogenous zone
NEVER ACCEPT THE FIRST OFFER WITH ANYTHING x

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 Post subject: Re: Car Write off - can you appeal.
PostPosted: Thu Jun 11, 2020 15:21 
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Can't re-member

Joined: 27th Mar, 2008
Posts: 54646
Location: Liberty City
Zardoz wrote:
NEVER ACCEPT THE FIRST OFFER WITH ANYTHING x

I accept

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 Post subject: Re: Car Write off - can you appeal.
PostPosted: Thu Jun 11, 2020 15:28 
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ugvm'er at heart...

Joined: 4th Mar, 2010
Posts: 21441
Zardoz wrote:
NEVER ACCEPT THE FIRST OFFER WITH ANYTHING x


Would you like me to give you £1000?


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 Post subject: Re: Car Write off - can you appeal.
PostPosted: Thu Jun 11, 2020 15:39 
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Bad Girl

Joined: 20th Apr, 2008
Posts: 13693
If the vehicles on finance than surely you won’t get any money...

Edit: or is that a % of what you’ve paid off. I don’t know. Sounds like they’ve sent the cheque to your finance company anyway.

Edit 2: and if it’s still on finance then who has authority to negotiate? Doesn’t it technically belong to the finance? I’d probably speak with them before you start doing anything prejudicial to their position.


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 Post subject: Re: Car Write off - can you appeal.
PostPosted: Thu Jun 11, 2020 17:02 
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ugvm'er at heart...

Joined: 4th Mar, 2010
Posts: 21441
It reads to me that the finance company need £9800 to cover the loan, and the insurance company are going to send them £9250.
The loan company will be asking Kov for that extra £550, unless he gets the insurance company to up their price on the car value.


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 Post subject: Re: Car Write off - can you appeal.
PostPosted: Thu Jun 11, 2020 17:28 
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Fitness Nut...

Joined: 25th Sep, 2008
Posts: 20007
Location: shropshire, uk
Trooper wrote:
It reads to me that the finance company need £9800 to cover the loan, and the insurance company are going to send them £9250.
The loan company will be asking Kov for that extra £550, unless he gets the insurance company to up their price on the car value.


That is it.

I don’t want to be out of pocket.

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 Post subject: Re: Car Write off - can you appeal.
PostPosted: Thu Jun 11, 2020 17:43 
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Lord Humongous

Joined: 27th Mar, 2008
Posts: 46238
Location: The erogenous zone
Trooper wrote:
Zardoz wrote:
NEVER ACCEPT THE FIRST OFFER WITH ANYTHING x


Would you like me to give you £1000?

£1012 OR GTFO x

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 Post subject: Re: Car Write off - can you appeal.
PostPosted: Thu Jun 11, 2020 18:06 
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Decapodian

Joined: 15th Oct, 2010
Posts: 4043
The valuation not being enough to clear the finance is irrelevant.

What you need to show is that the valuation is not enough to allow you to replace the car with an equivalent vehicle, so go hunting on auto trader for examples of similar cars that will cost more.


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 Post subject: Re: Car Write off - can you appeal.
PostPosted: Thu Jun 11, 2020 18:17 
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ugvm'er at heart...

Joined: 4th Mar, 2010
Posts: 21441
Zardoz wrote:
Trooper wrote:
Zardoz wrote:
NEVER ACCEPT THE FIRST OFFER WITH ANYTHING x


Would you like me to give you £1000?

£1012 OR GTFO x


My second offer is £0, sorry.


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 Post subject: Re: Car Write off - can you appeal.
PostPosted: Fri Jun 12, 2020 0:11 
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Fitness Nut...

Joined: 25th Sep, 2008
Posts: 20007
Location: shropshire, uk
Dr Zoidberg wrote:
The valuation not being enough to clear the finance is irrelevant.

What you need to show is that the valuation is not enough to allow you to replace the car with an equivalent vehicle, so go hunting on auto trader for examples of similar cars that will cost more.


Cheers

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 Post subject: Re: Car Write off - can you appeal.
PostPosted: Fri Jun 12, 2020 12:13 
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Fitness Nut...

Joined: 25th Sep, 2008
Posts: 20007
Location: shropshire, uk
Just Phoned them, and they upped the offer to clear the finance, less the access. Means I am not out of pocket.

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