A couple of weeks ago someone has driven into the wife’s 52 plate Honda CRV, which was parked on the street outside our house. The bloke who did it was good enough to knock on the door & explain that he’d failed to give way to an opposing car, and fully admits that he is to blame. Fair enough, these things happen & he was good enough to stop.
There’s only panel & plastics damage but because of the age of the car it’s deemed uneconomic to repair, so the insurance company have told us it’s a write off. Now, the car was absolutely mint condition with very low mileage for its age. I’ve just spent £400 on the wheels refurbishing & £350 on a new clutch slave cyclinder. It’s also got a full Honda service history & we’ve run out of pages in the service book. In other words it was a bloody good car. Will it’s market value be adjusted for the condition & mileage or do they take a lowest figure, average, or upper figure? Or do they go along with Glass’ guide?
I’ve heard that we can accept market value for the car, but possibly buy the car back from the insurer at scrap value. Does anyone have any experience of this? Our way of thinking is that because it’s just panel & plastics damage we could run the car through winter before looking for its replacement next spring. Also, my wife needs a car for work so to have a few weeks without whilst we shop around is pretty much unfeasable. Any ideas what our options are etc?