O'no accident insurance.

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VolAlex
480 Newbie
Posts: 19
Joined: Thu Jul 18, 2013 3:56 pm

O'no accident insurance.

Post by VolAlex » Wed Oct 22, 2014 6:34 am

bad news, there has been an accident with the car .
and the Insurance company , wants to write it off. And for 785 pounds.
This would be a lump some. But I told them it was worth more . How to prove that the car is worth 1500 ? they need 3 pieces of evidence like advertisements or proof of sale. I found one on eBay listing. But I may need more. What is your advice and can anyone here send me some recent proof, that an excellent Version of our cars is worth this.
I would greatly appreciate it.
It took me a long time to be able to write this post. I didn't have the heart to tell anyone.


Alex :cry:

Espada
Started learning about 480
Posts: 64
Joined: Wed May 23, 2012 6:43 pm

Re: O'no accident insurance.

Post by Espada » Wed Oct 22, 2014 6:14 pm

Sorry to hear about your accident, I hope you are well.

I have checked a couple of sites and found the following for sale.

Car and classic cars for sale has one at £1599 there are two on classic cars for sale @ £1500 and an optimistic £4160

Though I expect they would like to see the sold prices.

However I have also found

http://www.classicandperformancecar.com ... /?see=3471

This lists values from £500 average condition to £1250 for excellent.

Hope this helps.

Regards

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jamesy12345
480 Veteran
Posts: 753
Joined: Tue Apr 03, 2012 5:49 am
Location: Durham, England

Re: O'no accident insurance.

Post by jamesy12345 » Wed Oct 22, 2014 7:14 pm

Sorry to hear about the accident also, metal can be repaired tho so not the end of the world

Worst case scenario and they do write it off...can you buy it back??

edit

Practical Classics do a regular feature on prices:

http://www.practicalclassics.co.uk/imag ... EGUIDE.pdf

This one has no date that I can see but the magazine cover on page 6 is from March of this year. Value of a 480 turbo is given as 325 (rough) to 2000 (concours)

I think I know which end of the scale mine is sitting....
Current:
Volvo S60 '04
Renault 21 '91
Subaru Legacy '05
Mazda RX-7 '93
Renault 5 '84

Previous:
440 2 litre, 440 Turbo, 460 Turbo, 480 Turbo x2, 854 T-5R, S40 T4, V40 T4, S70 T5 & R, V70 R x2, S60 R

VolAlex
480 Newbie
Posts: 19
Joined: Thu Jul 18, 2013 3:56 pm

Re: O'no accident insurance.

Post by VolAlex » Sun Oct 26, 2014 12:59 am

Thank you all of your Kind Help . I have forwarded it to the Insurance company. I will let you know what the conclusion is.


Alex

Ulrika480
Knows where Volvo is from
Posts: 166
Joined: Sun Aug 07, 2011 3:07 pm

Re: O'no accident insurance.

Post by Ulrika480 » Tue Oct 28, 2014 7:11 pm

Alex

It's really worth dropping the hint to the insurance company that you would be interested in buying back from them (IF you can have repaired with used parts for what they will offer you). I did this earlier this year on a car in the family, and ended up with top money for mine plus money over once my car was repaired. The only downside is that its officially a Cat C (uneconomical repair) but as I'd spent lots on maintenance and if I bought another it would be a gamble again anyway, it was worth it.

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