Would you buy a insurance write off

[MrJuice]

Sadly it looks like my beloved 997.1 is going to be written off after being hit while parked on a snow covered road. Driver's details on file. It's all good in that regard

Damage does not look awful by any means but an ageing car Vs getting the job done properly quickly puts the repair into write off territory.

I could buy the salvaged car. But if I ever sell, it'll have impaired value. Let's say it's worth 20k today with no crash history. Same car in good nick with crash history, what could I sell it for? Presumably the WBAC typed wouldn't buy a previously written off car and therefore my options for selling would essentially be private only.

I won't be able to afford another Porsche if I don't get back into one now. I think 997.1 values are increasing and they're very scarce now. Mine is 2007. Not a single manual 2007 997.1 c2 on PH or AT.

Any advice?

I cannot edit the title. An insurance write off*

Edited by MrJuice on Thursday 28th January 22:30

[R129 300SL]

Should not have taken it to an expensive bodyshop?

Get another estimate and take the money in lieu of repair and get it fixed with second hand parts. Plenty of parts on ebay.

Will not be a write off if you take money for a repair.

Insurance Co probably considering it a write off based on courtesy car for a few weeks while it is being fixed. That will probably cost more than the repair..

[MrJuice]

It hasn't gone anywhere yet. Still on the road where it was hit.
Insurance assessor engineer dude will assess pictures and get back to me.
Good point re hire car. Again, nothing here yet and I might even waive the car rights if it means it doesn't get written off. I'm a keyworker and could do with a car but could manage without

Let's say they would write off at 20k. What could I expect as a settlement figure for repairs and avoid it being written off?

[BertBert]

I think you need to check that. I'd definitely expect it to be written off if they pay you the settlement and you buy the salvage.

You could work on the car being worth some 25-30% lower being written off repaired. And a complete pig to sell if you ever came to still it.

I've very happily had a cat d car before (apart from the selling bit). If it was me I'd be very interested in getting it back and fixing up, but others hate the idea of a fixed car.

[R129 300SL]

Yes if you accept a write off figure as settlement it will get written off.

What I said was that if you get a reasonable estimate for repair then take that money in lieu of the repair and get it fixed with second hand parts. Bumpers are £200, wings around the same and headlights £400 on ebay.

Cannot see it needing more than than £2000 worth of parts (second hand). Unless of course the damage is deeper than mentioned. Add on labour etc and should be less than £5000?

[MrJuice]

I spoke to insurance co. They say that the hire car is totally separate from the claim. Hire company bills the third party insurance co directly. Enterprise wanted to give me a similar car. I firmly declined and told them I just want a simple car to get me to work and back (I am a keyworker).

I'm still waiting to see what engineer says

Let's see. I'll report back.

[MrJuice]

R129 300SL said:

Should not have taken it to an expensive bodyshop?

Get another estimate and take the money in lieu of repair and get it fixed with second hand parts. Plenty of parts on ebay.

Will not be a write off if you take money for a repair.

Insurance Co probably considering it a write off based on courtesy car for a few weeks while it is being fixed. That will probably cost more than the repair..

You're right.

Aviva said that if they offer a first and final settlement in lieu of repair, the car will not be recorded as being a total loss. Obviously, if during the course of repairs, further damage is discovered, I'll be on my own and they won't offer anything more.