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Car written off

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theren_911 | 11:19 Fri 23rd Dec 2005 | Motoring
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Hi,


My car is getting written off after someone reversed into it, thing is... I paid �500 for it, and I check the parkers price guide, and market value is �500. (N Reg Fiesta)


Insurance assessor agreed a price of �9XX as a settlement. How does this work? Obviously I'm pleased as punch, just a little confused! Can anyone shed some light on this for me!?

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you might be looking at the TRADE value of �500 rather than the RETAIL VALUE which is always more.


I would keep quiet and happily accept the offer

How badly was your fiesta damaged to get it written off? Mine is also damaged at the front and im awaiting to hear whether its fixable.
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Hardly anything wrong with it... cracked bumper (needs replacing) dent in bonet over release catch and healight bracket snapped (50p each!)


Took it to a garage who quoted �750 repair...


If your car is similar to mine... good luck!

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