Porsche 911UK Forum

Welcome to the @Porsche911UK website. Register a free account today to become a member! Sign up is quick and easy, then you can view, participate in topics and posts across the site that covers all things Porsche.

Already registered and looking to recovery your account, select 'login in' and then the 'forget your password' option.

Back and better than before

FZP said:
alex yates said:
Personally, I'd be telling the Insurance to not bother with the claim and progress having it fixed myself (out my own pocket). Last thing you want is them writing it off just because the quotes are beyond their limit. Bet you could have it fixed and back to mint condition for under a couple of grand.
Extrapolation of Alex's point above, can you not say go the Insurance company, pay me up to the write off figure, and I'll pay for the rest myself? That way you get your car back without any black marks against it and most likely get it done to your standard as you are effectively paying for it as a private customer.

Surely they'd categorise the car as a write-off against their payout?? :dont know:
 
alex yates said:
FZP said:
alex yates said:
Personally, I'd be telling the Insurance to not bother with the claim and progress having it fixed myself (out my own pocket). Last thing you want is them writing it off just because the quotes are beyond their limit. Bet you could have it fixed and back to mint condition for under a couple of grand.
Extrapolation of Alex's point above, can you not say go the Insurance company, pay me up to the write off figure, and I'll pay for the rest myself? That way you get your car back without any black marks against it and most likely get it done to your standard as you are effectively paying for it as a private customer.

Surely they'd categorise the car as a write-off against their payout?? :dont know:
Just under the amount. They win because they're only paying out 25k vs 50k to write it off
 
Really sorry to read this.

Have Road & Race given you a parts list for the repair. I can imagine the new OEM parts are ridiculously expensive, hence the Insurance company deliberating over writing the car off or repairing.
There's a decent supply of used parts available if you look closely and with a little time haggling, you can also pick up some new kit with big discounts.

Re your agreed valuation, i've never understood this with classic/sports cars as the market is up and down constantly, particularly over the 12 months of your Insurance policy. Go with market value and you have a better chance of recovering a good price by finding a similar car available at the time.

Fingers crossed you get a good result.

C.
 
I had a similar prang 6 months into ownership, car pulled out infront of me "Sorry mate didn't see you" infront of 3 witnesses. Total bill inc hire car £35,000 by the then Porsche approved repair center. Bit different 'cos his Insurance paid after a silly tribunal but it was 2002. Insurance repairs are and always have been a joke.
e.g. Supermarket trolly rash on her Mito, quoted £2500, fixed perfectly for £350.
Be careful with this you don't want a Cat D on it.
If you can't get anywhere with Insurance company pm me I can put you in touch with a very good place not too far away. (Preston-ish)
 
I will explore.

It's definitely a Insurance valuation on the repairs.

Damage has not affected the front chassis legs but everything and the AC etc under the wing as gone. I have had the car in bits myself and know what's involved to get it right again.

I would be happy for used parts to be used and even happy to some extent as it shouldn't look too new. Age is character.

Thanks for all the help people! Alex knows the condition of the car as he's seen her.

Who said getting married was a good idea! :floor:
 
Yeah - MINT!
 
If you're repairing then I'd highly recommend you get the car onto a jig, chassis legs may look ok to the eye but can be pushed out, your A pillar will also require pulling back accurately to within tolerance.

I'd be very surprised if your car doesn't get a Categorisation if the A pillar has been damaged.

I think this shows how cars can be damaged and repaired without categorisation.

Ultimately impossible to completely know what you're buying.

I know of a story where a brand new car (Audi) was delivered but fell off the truck, causing significant damage, car was not recorded, repaired and sold as new.

So even new cars are not COMPLETEY guaranteed not to have had issues prior to your ownership.

Trev
 
Cameltoe & Heel said:
I know of a story where a brand new car (Audi) was delivered but fell off the truck, causing significant damage, car was not recorded, repaired and sold as new.

So even new cars are not COMPLETEY guaranteed not to have had issues prior to your ownership.

+1

Off topic but when I was a student I worked a couple of summers at the local docks at a car importer. They had a body shop that replaced lots of panels and used a lot of filler on new cars, then shipped out to dealers.

Worst I saw was a Fiat that fell off a transporter and had a new roof skin and other body panels replaced before shipping out as new to the dealer.

Cars were ranted off the ships and around the docks and nice/ quick stuff was abused. Subaru Impreza's for example were redlined everywhere with 10 miles on the clock. When they reached the dealers AFAIK they were plugged in and restricted to lower rev limit up until their first oil change.

If I ever bought a new car I would insist on a factory collection!
 
Shame about this.

Not sure where you stand on value if you had a valuation agreed but not updated. They might be within contract to just pay the agreed.

However general practice is to reject their first offer at least, print of ads of similar age/mileage/condition cars as evidence.

Usually I would be tempted to buy back and repair myself, especially if you plan to keep the car. For me the sums involved here are a bit risky unless you can buy the car back for peanuts (i.e. add up the salvage cost of the engine, gearbox and a few other expensive bits you could sell very easily to get to a price).

Negotiate any buy back after you have agreed a payout...don't let them take the car away if you intend to do this as it will be taken straight to auction.
 
Endoman said:
Ninemeister did mine a while ago sprayed by Neil (who is now elsewhere but I have his number, he tracks a GT3RS)

If it's of any assistance, I can vouch for the quality of the guy Endoman mentioned. His name is Neil Rainger, currently based in Knowsley.

Top quality work at a much lower price than R&R. I have his number if you want to follow up on it...
 
penelson said:
I will explore these possibilities.

It's definitely a Insurance valuation on the repairs. Quote is £30k from R and R. I will talk to them on the parts list.

Damage has not affected the front chassis legs but everything and the AC etc under the wing as gone and the A pillar is pushed back slightly but the door still opens and closes. I have had the car in bits myself and know what's involved to get it right again. I was expecting around £20k with Max £25k to repair.

I would be happy for used parts to be used and even happy to some extent as it shouldn't look too new. Age is character.

Current offer is 55k but whilst a year ago that could of got you something there is nothing decent for that now!

Thanks for all the help people! Alex knows the condition of the car as he's seen her.

Who said getting married was a good idea! :floor:

I dont understand this ....... they offer to pay out 55K but won't fix it at a cost of 30K?

When I pranged my 964 years ago, when a gud un like mine was worth £12.5k, the repair cost was 11K, but they still repaired it :)
 
Please give me Neil's contact info and I will have a chat to him.
 
Contacted Neil and waiting for his estimate.
 
R&R will not use anything other than Porsche-supplied new parts. So using used parts with them is out of the question.

The guide insurers generally use for a total loss is if repair costs hit around 55-65% of the car's valuation they will declare it a total loss. You are on the edge of the lower limit of that figure (£30k repair v £55k value).

You can remove the car from R&R and explore elsewhere - after paying R&R's charges for the investigation and liaison they have done so far and preparing the assessment of damages report for the insurer - you will need to pay it as it is unlikely to be paid by the insurer if you are not having the car repaired by R&R. The insurer will only pay one charge from whoever you do decide to have it repaired with - whether its a total loss or they agree to authorize repairs - they will pay that repairer all fees minus your excess.

IF you decide to accept a total loss, unless you have a specialist policy with the likes of Locktons, the car becomes the property of the insurer.

So the scenario that you might be able to take the total loss value and then have it repaired from own pocket goes out the window.

If you have a Lockton-type (specialist) policy you could take the crash damaged vehicle in exchange for a 10% reduction in the agreed or market valuation of the car being paid out to you. If its not got such a clause in the event of a total loss, the scrap car becomes the property of the insurer to dispose off. If you know who they sell it to, you could take your total loss payment and then buy it back from the purchaser + his mark-up on the purchase price (he's never going to sell it back to you at the price he paid for it). Alternatively, you could commission him to repair it and use the total loss payment to buy the repaired vehicle back from him - but the total loss status will be registered at DVLA - a consideration when you come to sell it.

Agreed valuation carries a risk if the valuation falls or rises. If it falls, you are quids in as there is no dispute - contractually they cannot lower the total loss payment arguing that prices have gone down and the cost to put you back to where you were prior to the loss is less than the agreed value.

Conversely, you will not be able to argue that to put you back to where you were prior to the loss requires more than that agreed valuation. That's the nature of the beast I'm afraid. So I think the total loss payment will not exceed the agreed valuation.

In hindsight there may be grounds to have opted for "market valuation" and submit examples of replacement cars at higher price than what they are considering as the total loss value. But the wonder of hindsight is that it is a wonderful thing.

With the agreed valuation, one year I had to re-submit the valuation on my vehicle mid-year on a fast rising market to avoid being out-of-pocket in a rising market. Additionally, I have the valuation carried out annually (never leaving it for the validity of the 2 years that my Insurance company gives).

I feel sad for the situation that you are in. Repairing it entirely out of pocket with a combination of used and new parts remains an option for you. But as its reported to the Insurance, is there likely to be any trace of the severity of the damage prior to repair and what impact might that have on resale price when you come to dispose of the vehicle repaired with used parts?

Prima facie you might be looking at any range of options but anything that involves the current insurer points in the direction of a total loss. R&R can try to persuade them but in the end it is they, your insurer that decide whether to repair or write off.
 

New Threads

Forum statistics

Threads
124,354
Messages
1,439,454
Members
48,710
Latest member
Silage
Back
Top