Re: Ping: Derry Argue or Larry
"Derry Argue" <email@example.com> wrote in message
> "Mark" <mark@_nospam_sleepybubble.com> wrote in
> > I saw no final conclusion as to whether Derry
> > eventually bought his own car back in the end as salvage.
> Yes, I did.
> Initially, the insurers told me it "wasn't policy" to sell the salvage. I
> did a search and found an independent assessor who gave me a lot of good
> advice. Sorry, I have since got a new computer so can't give you a link
> it is worth doing some searches and telephoning around for advice.
> The short story is that the salvage is yours -- unless you have accepted
> money. I can be quite difficult <g> and I think the insurers decided it
> wasn't worth the hassle, so they sold me the salvage in the end! I
> understand that they will usually have a contract with a breaker who takes
> these vehicles at a fixed price. It is easier for the insurers to work
> this, until an owner comes along who won't play the game!
> My D90 was "assessed" and reckoned to be worth repairing. When I heard who
> was going to repair it, I put my foot down. (The last time that garage did
> work for me, they sent the vehicle back with no oil in the gearbox!). A
> week later, they had decided the chassis was twisted on two planes and it
> was a write off.
> Briefly, the insurers settled to pay out the value I'd declared which was
> the purchase price I paid at the time - £3,500, less £100 excess. I bought
> the salvage for £650 - their valuation and I wasn't going to haggle. The
> engine alone in a 1992 200Tdi with 60,000 miles must be worth a grand and
> had someone lined up to buy it if I had wanted to sell. However, I got
> local repairers to check the chassis and they declared it was sound! So I
> bought a secondhand rear tub for £150 (thanks Jason), spent another £100
> for delivery. Replaced the rear cross member (which needed replacing
> anyway) -- another £150, and a few other odds and ends. All my own time
> labour. I have never worked out the figures but I must be well ahead<g>.
> The registration documents "could not be found". So I sent the original
> slip from the seller to the DVLA and got replacements. No mention of being
> a write off on the replacement documents and nothing on the DVLA computer
> to that effect. Sailed through the MOT and later sold the vehicle for
> £4,350 to a delighted purchaser. Purchaser, incidentally, is local and
> known to me and he remains delighted and a friend! I have since purchased
> an "R" reg 300Tdi.
> Hope this helps. Don't let 'em grind you down!
Thanks, much helpful and encouraging advice. I shall wait and see what the
first move by the insurers is going to be now. The only reason I am looking
into the whole economical write off thing is because the car was fairly new
2001, and it seems to have sustained damage to every single body panel and
there appears to be something badly wrong with one of the rear wheels.
Body damage I could live with and the pay out on a total loss less whatever
the salvage value would certainly be useful.
We'll see I guess.....