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Author Topic: My 1999 3.0 Elite is worth £1400  (Read 2098 times)

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jereboam

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My 1999 3.0 Elite is worth £1400
« on: 19 September 2010, 20:05:19 »

According to the insurance company who have just determined that it is not an economic repair.

I was quite pleased with that - I thought it was worth about £700. 

No doubt, after I've had a cheapo repair done on it, they will be charging me the £700 difference to insure it when the policy comes up for renewal.

Anyone got a bumper for sale? :)
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Mysteryman

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Re: My 1999 3.0 Elite is worth £1400
« Reply #1 on: 19 September 2010, 20:09:48 »

£1400 is a great offer J :y Although not that far above parkers:

Original Price £30,275   
Independent Dealer £1,670   
Private Good  £1,130   
Private Poor  £415   
Part Exchange £560   
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Elite Pete

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Re: My 1999 3.0 Elite is worth £1400
« Reply #2 on: 19 September 2010, 20:12:16 »

If thats the first offer then turn it down ;)
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jereboam

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Re: My 1999 3.0 Elite is worth £1400
« Reply #3 on: 19 September 2010, 20:24:41 »

Quote
If thats the first offer then turn it down ;)

Yeah - I know that.  But I was so surprised by the amount, I said yes immediately.  I really don't think I'd have got any more for it. 

Anyway, what happens when you turn them down?
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Mr Skrunts

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Re: My 1999 3.0 Elite is worth £1400
« Reply #4 on: 19 September 2010, 20:26:25 »

Quote
Quote
If thats the first offer then turn it down ;)

Yeah - I know that.  But I was so surprised by the amount, I said yes immediately.  I really don't think I'd have got any more for it. 

Anyway, what happens when you turn them down?

They make you the offer they should have made in the 1st place, but they allways try on to see what they can save.  :-/
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jereboam

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Re: My 1999 3.0 Elite is worth £1400
« Reply #5 on: 19 September 2010, 20:26:38 »

Quote
£1400 is a great offer J :y Although not that far above parkers:

Original Price £30,275   
Independent Dealer £1,670   
Private Good  £1,130   
Private Poor  £415   
Part Exchange £560   

You'd need rose-tinted spectacles, or better still, a blindfold, to describe the condition of my car as "good".
« Last Edit: 19 September 2010, 20:26:58 by plstewart »
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Banjax

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Re: My 1999 3.0 Elite is worth £1400
« Reply #6 on: 19 September 2010, 20:32:59 »

nice one - i didnt get that a year ago for my '01 elite and it was in pretty good nick  :y
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jereboam

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Re: My 1999 3.0 Elite is worth £1400
« Reply #7 on: 19 September 2010, 20:33:41 »

Quote
Quote
Quote
If thats the first offer then turn it down ;)

Yeah - I know that.  But I was so surprised by the amount, I said yes immediately.  I really don't think I'd have got any more for it. 

Anyway, what happens when you turn them down?

They make you the offer they should have made in the 1st place, but they allways try on to see what they can save.  :-/

Oh well, I've banked the cheque, so it's too late to do anything about it now.

I didn't actually get £1400, though.  There was the small matter of the excess (£150) and the charged me £210 to buy it back from them.  So I got £1040, which I'm happy with.  It isn't going to cost that much to get a cheap repair, so there'll probably be enough left over to pay for the work on the handbrake which really needs doing.  And the MOT is up any day now, which I'll need done before I can get it taxed. 

Anyone got any experience of the Vehicle Identity Check which it may need before I can get it taxed?
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Del Boy

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Re: My 1999 3.0 Elite is worth £1400
« Reply #8 on: 19 September 2010, 21:00:15 »

Quote
Quote
Quote
Quote
If thats the first offer then turn it down ;)

Yeah - I know that.  But I was so surprised by the amount, I said yes immediately.  I really don't think I'd have got any more for it. 

Anyway, what happens when you turn them down?

They make you the offer they should have made in the 1st place, but they allways try on to see what they can save.  :-/

Oh well, I've banked the cheque, so it's too late to do anything about it now.

I didn't actually get £1400, though.  There was the small matter of the excess (£150) and the charged me £210 to buy it back from them.  So I got £1040, which I'm happy with.  It isn't going to cost that much to get a cheap repair, so there'll probably be enough left over to pay for the work on the handbrake which really needs doing.  And the MOT is up any day now, which I'll need done before I can get it taxed. 

Anyone got any experience of the Vehicle Identity Check which it may need before I can get it taxed?
What category are they putting it in CAT C or CAT D? If it's in CAT D then no VIC is needed.
« Last Edit: 19 September 2010, 21:00:44 by LSG_1 »
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Broomies Mate

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Re: My 1999 3.0 Elite is worth £1400
« Reply #9 on: 19 September 2010, 21:00:49 »

Quote
Quote
Quote
Quote
If thats the first offer then turn it down ;)

Yeah - I know that.  But I was so surprised by the amount, I said yes immediately.  I really don't think I'd have got any more for it. 

Anyway, what happens when you turn them down?

They make you the offer they should have made in the 1st place, but they allways try on to see what they can save.  :-/

Oh well, I've banked the cheque, so it's too late to do anything about it now.

I didn't actually get £1400, though.  There was the small matter of the excess (£150) and the charged me £210 to buy it back from them.  So I got £1040, which I'm happy with.  It isn't going to cost that much to get a cheap repair, so there'll probably be enough left over to pay for the work on the handbrake which really needs doing.  And the MOT is up any day now, which I'll need done before I can get it taxed. 

Anyone got any experience of the Vehicle Identity Check which it may need before I can get it taxed?

What 'Category' was it written off?  If just cosmetic, then Cat C.  You don't need a VIC, just a standard MOT.
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mantagte

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Re: My 1999 3.0 Elite is worth £1400
« Reply #10 on: 19 September 2010, 22:24:30 »

cat D just repair and off you go
cat C have repaired goto http://www.direct.gov.uk/en/Diol1/DoItOnline/DG_4017800
fill in form VIC1 you will receive a phone call for your payment details £41 and you will be given an appointment over the phone and sent to your e-mail when you confirm on the phone the time and date
take your car to vosa dept go to office book in
chap will take your car to be inspected
they are not looking at the quality off repair
though if is not repaired be prepared to be told to p off ;D
if/when the vehicle has passed you will be issued with a
vehicle identity check pass certificate
with the vehicle reg
date of test
booking ref number
test location
some insurers (can)ask for an engineers report and/or the vehicle to go through an mot before they will reinsure it
hth
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plym ian

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Re: My 1999 3.0 Elite is worth £1400
« Reply #11 on: 19 September 2010, 22:33:01 »

Quote
£1400 is a great offer J :y Although not that far above parkers:

Original Price £30,275   
Independent Dealer £1,670   
Private Good  £1,130   
Private Poor  £415   
Part Exchange £560   
we buy any car £50  ;D
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dbug

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Re: My 1999 3.0 Elite is worth £1400
« Reply #12 on: 19 September 2010, 22:46:48 »

Quote
Quote
Quote
Quote
Quote
If thats the first offer then turn it down ;)

Yeah - I know that.  But I was so surprised by the amount, I said yes immediately.  I really don't think I'd have got any more for it. 

Anyway, what happens when you turn them down?

They make you the offer they should have made in the 1st place, but they allways try on to see what they can save.  :-/

Oh well, I've banked the cheque, so it's too late to do anything about it now.

I didn't actually get £1400, though.  There was the small matter of the excess (£150) and the charged me £210 to buy it back from them.  So I got £1040, which I'm happy with.  It isn't going to cost that much to get a cheap repair, so there'll probably be enough left over to pay for the work on the handbrake which really needs doing.  And the MOT is up any day now, which I'll need done before I can get it taxed. 

Anyone got any experience of the Vehicle Identity Check which it may need before I can get it taxed?

What 'Category' was it written off?  If just cosmetic, then Cat C.  You don't need a VIC, just a standard MOT.


No mate Cat D - Cat C you need a VIC :y
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Entwood

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Re: My 1999 3.0 Elite is worth £1400
« Reply #13 on: 19 September 2010, 22:48:01 »

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steve_daly

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Re: My 1999 3.0 Elite is worth £1400
« Reply #14 on: 20 September 2010, 09:31:38 »

It's also worth checking with your insurance too, some can be a little iffy when it comes to motors that are written off, even Cat D's.
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