Advice required on negotiating a total loss pay out.

[anonymous-user]

What do you do if the offer you receive is bottom book price?

I’ve read that you should never accept the first offer. The bodyshop advised putting forward any receipts/invoices on extras spent on the vehicle.

I’ve found adverts online, screen shot them and sent them but prices swing by as much 4k! There are cars like mine with higher mileage and lower specification, selling for more.

I know they won’t pay a dealership price. I think the offer is off by about 1k.

Does the insurer take averages of a few adverts or go for the lowest price first?

Thank you.

[anonymous-user]

Thanks so much everyone. I followed the spreadsheet idea. I included 20 examples. Same year. Similar mileages. 10 trade and 10 private. The average came out as a whopping £19,000.

What made me chuckle was all the adverts claiming high specification when they had may be 2-3 out of 12 optional extras. Mine had every single imaginable option and was the pinnacle.

Full main dealer service. Then genuine body kit parts and not knock offs - fitted by dealer.

Let’s hope they increase it a little. I’m not cupidinous about it but think a sensible offer seems justified given what the situation is.