alistair1982 Posted December 12, 2015 Share Posted December 12, 2015 Hi All, Just after some advice, as some of you might of seen I lost my car to the floods in cumbria last weekend. I am still waiting for the insurers to assess the damage as they have a backlog but hopefully that will happen next week. I am not sure what to do, if they write it off which is likely, do I buy it back and replace the engine myself? The car itself was in great condition, 06 reg GT, 62k miles on it full service history, spotless inside and out. Or do I just take the money and start a fresh, obviously buying back will reduce the value, and what are the costs of a replacement engine? Any information on costs would be useful Cheers Al Quote Link to comment Share on other sites More sharing options...
Ekona Posted December 12, 2015 Share Posted December 12, 2015 New car. Don't ever, ever buy a flood damaged car. Ever. You could end up chasing electrical gremlins for years. 7 Quote Link to comment Share on other sites More sharing options...
GMballistic Posted December 12, 2015 Share Posted December 12, 2015 ^^ Exactly what Dan above said. A friend of mine kept his flood damaged Corsa years ago. He had a flippin' nightmare with that car afterwards, ...the worst of which imo being the dangerous mould/fungus that started growing in the car. New car definitely. Quote Link to comment Share on other sites More sharing options...
alistair1982 Posted December 12, 2015 Author Share Posted December 12, 2015 Fair enough, the water didnt get into the car itself, just in the engine bay and up into the air filter. Problem is getting another one, I will see what the insurance company give me money wise Quote Link to comment Share on other sites More sharing options...
Lexx Posted December 12, 2015 Share Posted December 12, 2015 Start gathering information on what your car was worth. Use Parkers, auto trader, forums etc to find examples in the condition yours was in and their value. Use that info to fight with the insurance I'd their first offer is too low. Stick to your guns on what you need to replace your car. Quote Link to comment Share on other sites More sharing options...
alistair1982 Posted December 12, 2015 Author Share Posted December 12, 2015 Yeah the joys of arguing with insurance companies is about to begin just be xmas too! Quote Link to comment Share on other sites More sharing options...
Juggalo Posted December 12, 2015 Share Posted December 12, 2015 I bet they low ball the hell out of it. Their payouts for those floods will be mega bucks. Quote Link to comment Share on other sites More sharing options...
Mack Posted December 12, 2015 Share Posted December 12, 2015 Start gathering information on what your car was worth. Use Parkers, auto trader, forums etc to find examples in the condition yours was in and their value. Use that info to fight with the insurance I'd their first offer is too low. Stick to your guns on what you need to replace your car. +1 The first offer is always low. Years ago I had an XR2i written off after a best man late for the wedding crashed into the back of my car while I was waiting to turn right. I had been working on it with the intention of going stock hatch racing. First offer was £500, after showing evidence of all the work I had done on it I got £1000 plus the car back. It could well be worth it! Quote Link to comment Share on other sites More sharing options...
veilside z Posted December 13, 2015 Share Posted December 13, 2015 An engine will set you back anything from £1500-£2600 depending on mileage and spec then again fitting too. Make sure they pay it's worth buddy and all the best Quote Link to comment Share on other sites More sharing options...
Rock_Steady Posted December 14, 2015 Share Posted December 14, 2015 What Dan said. Take the money, run, buy another zed. Quote Link to comment Share on other sites More sharing options...
brillomaster Posted December 14, 2015 Share Posted December 14, 2015 never accept the first offer! when someone crashed into my old Honda civic I was offered a cool £1000 payout, which I declined saying the car was worth £2000. they then offered £2000, which I then declined again, saying I wanted £2200. eventually settled on £2100, which was only £300 less than I paid for the car 6 months previous. As said above, start getting evidence of prices of similar cars - and preferably from dealers, rather than private sellers, as these will obviously be more. best of luck! Quote Link to comment Share on other sites More sharing options...
rabbitstew Posted December 14, 2015 Share Posted December 14, 2015 As above, the joys of arguing with insurance companies. I remember when my brothers car was written off, they offered him £1500 for the first offer. We sent back adverts from garages showing that to buy the same make/model/spec with same mileage etc you were looking at more like £5500. They didnt question it and immediately increased the offer to £5500. It a shame really that they always try it on like this. I guess there must be some people who would just take the first offer. With regards to buying the car back, for me it would depend on what price they want for it. If its a bargain, then id be tempted to buy it back and break if for spares. When my last car was written off, the insurance company said I could keep it for free, so I ebayed it and got a nice bit of cash for it. As others have said I certainly wouldnt bother trying to fix it up and get it running again. Quote Link to comment Share on other sites More sharing options...
docwra Posted December 14, 2015 Share Posted December 14, 2015 If it just got into the engine then it may well be worth considering a buyback, Ive done it a few times and always made some money Quote Link to comment Share on other sites More sharing options...
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