Can anyone help please?

[funkyboogalooo]

Hi guys hope someone can help me.

I was lucky enough to last week buy a mint 50k mile 1990 G E30 M3 for £6500.00. as you can imagine I had to shope very hard to find one this nice for this money The car had heated seta, leather, air con headlamp washers and just about any other extra available at the time.

The same day (20 minutes after picking it up) I was unlucky enough to write the car off. The problem I now have is that the insurance are trying to get away with paying me £4500.00.

Does anyone know where I can get a valuation on my car to fight my corner? I am going to let the insurance know that there is no way I could replace the car for that and that infact I would have difficulty replacing it with £6500.00 as I had a good deal.

I have allready printed off a few adverts of similar cars to give them an idea of what they cost but could do with an official valuation type thing.

hope you can help.

Thanks in advance

Mike

[gopher]

Just a thought - if this happened 20 mins after picking it up from a dealer - surely the dealer would have to agree it was worth that much and make a statement to that effect or look a little, ummm bad, if they value it under that?

2p's worth

Good luck, FB

Paul

[sjc]

Oh funky what a choker, bet the wife's not happy! (read your BMW post). What you are doing (i.e. sending the insurers copy ads) and maybe a valuation from the dealer as previously suggested is certainly a start. Hope it sorts itself out quickly......Yet another great advert for insurance companies.

[douglasr]

Do a search on Autotrader for the same model and print this info. Send this to the insurance company as proof that you cannot replace the car with £4500.

[agent006]

Surely sending them a copy of the advert you bought it from would suffice?

[Bodo]

have you tried that one www.parkers.co.uk/pricing/ ?

[pbrettle]

Bodo said: have you tried that one www.parkers.co.uk/pricing/ ?

The buggers now make you pay for the pricing now too. Not that it is much, but it used to be free! Shame. Do watch out though, Parkers tends to reflect the real price of cars from dealers and private sellers - which wont match with the CAP Black book (which is private to members of the car trade).

Personally I would do my best to befriend a trader to get a look at the book - you should be able to get a look at it just to confirm the valuations. A good honest dealer (like a main dealer for example) shouldnt have anything to hide....

Managed to persuade the local Audi dealer to let me have a look in his Black Book and it basically confirmed that certain Audi's get very strong trade in values... but you didnt want to know that.

Cheers,

Paul

[Buffalo]

The way my agreed valution on the MG works is that i send all my bills plus proof of what i paid for the car to them, they then compare it to other cars of similar age/condition etc... and come to a price.

Now obviously you won't have any bills, but if you have the history file aand recorded milege from the previous owner that is a start.

Arm yourself with the price you paid, any autotrader prices you can find for a similar model (tricky without a viewing and pictures though), also if there is an owners club, tey may write you a typical valution type letter, and add your bill/history file. Send it to the insurance, stating what condition you believe the car to be in - break it down to interior, bodywork, engine etc, and mark it 1 -5 or something.

You will most likely have to fight, but i think if its as mint as you say you should have a reasonable case.

Good luck buddy, hope you and especially the nippper are well on the mend now!

[Animal]

Funky, you poor lamb!

Firstly, your insurance company can sod off. Their first offer is supposed to you fob you off quickly.

Explain your predicament to the dealer, and ask him to provide you with a copy of his advertisement for the car. Copy this, and send the copy to the Insurance company, together with a copy of your receipt, and argue with them until you are blue in the face.

You pay your premium in exchange for a service and compensation should it be required. You've done your bit, let them stump up the cash - even if it takes a bit of to-ing and fro-ing.

[ninjamaster]

bit of a dilemma.when you insured the car how much did you tell them it was worth ?if you under valued it i think you'll have problems .secondly i agree with animal tell them to politely sod off.you insured your car and you want what it is worth .the first offer is always a shot in the dark to see if you will accept it easily.hope no-one is hurt .good luck.

>> Edited by ninjamaster on Wednesday 19th March 20:34

[dimmadan]

never ever accept the first offer from an insurance company. The number of times I have heard of people getting more after sending the cheque back first time , even the second offer, until they got more like the real value...... Sending other typical values from autotrader etc will assist your case...def. worth getting the dealers help.