How do you make the most money from a written off Passat?
How do you make the most money from a written off Passat?
Author
Discussion

bigbenny

Original Poster:

8 posts

202 months

Wednesday 6th January 2010
quotequote all
My partner was in an accident last month and we've just been informed by the third party insurers that it is a write off. Apparently, the car is still ours to dispose of how we wish.

It is a 1998 1.8T and still runs well. All of the damage is to the front passenger side bonnet so someone who knows what they are doing could either use the car for spares or even fix it.

Due to the age of the car, we would make more from it using it as scrappage, however, we don't want a brand new car.

Any suggestions of how to make the most money off it would be gratefully received! Alternatively, anyone interested in buying the car would be welcome!!

Thanks smile

stompboxx

309 posts

216 months

Wednesday 6th January 2010
quotequote all
Ram raid a jewelers with it

VAG1

784 posts

220 months

Wednesday 6th January 2010
quotequote all
If you know how to, break it apart and sell the parts.

sider

2,061 posts

252 months

Wednesday 6th January 2010
quotequote all
Could you not scrappage it against a new car and then sell the new car?

If i wanted a new car now, i couldn't get the £2k off, as mine doesnt qualify.

But if yours does - you could buy a new car, scrappage in the Passat, then advertise the Passat at what you paid plus a few hundred squid perhaps?

Heaveho

7,591 posts

205 months

Thursday 7th January 2010
quotequote all
If you were happy with the car before the accident, and the damage is just cosmetic, why not repair it with 2nd hand parts and keep it? Doesn't sound like much on it from your description.

bigbenny

Original Poster:

8 posts

202 months

Thursday 7th January 2010
quotequote all
Thank you to all who have posted SENSIBLE suggestions!

We had considered using it as scrappage then selling the new car, but the problem is that we're down to 1 car, and the process of buying brand new car, then having to sell it will take too long.

We're getting a second opinion on the repair costs to see if it will work out cheaper to sort out our own repairs.

T89 Callan

8,422 posts

224 months

Thursday 7th January 2010
quotequote all
What's actually been damaged on it? If it's only bodywork then a breakers will probably be able to sort out replacements for hardly anything if you're not fussed about the colour.

What you do have is the oppourtunity for the perfect work horse, you have been paid out for it and it is already damaged so you can just use it with impunity, you will never have to worry about some idiot keying the door or ramming a shopping trolley into it. It's a big weight off your mind....

AdrianR

822 posts

315 months

Thursday 7th January 2010
quotequote all
It's a sad fact of life that repairs can be a lot cheaper if you tell the garage you are paying for it yourself rather than claiming on an insurance policy. Find an independent bodyshop, tell them you want a s/hand bonnet sourced and painted and see how much they want.

You also need to check whether the 3rd party insurer has declared it as a total loss, and inform your insurer if they don't already know.

AdrianR