Hi All,
I was run into by someone, and their insurance has initially paid out to me, and I currently still have my car. The next step is for them to arrange to pay for the salvage, and then take my car away.
The state of it is it was swiped across the front right corner, and slightly hit on the mirror. No air bags went off, and it looks like cosmetic damage to me. The car drives 100% as before, no issues at all aside from a lightly grazed corner.
I'm in two minds about this, as the salvage value seems very low. I realise the car is a Cat D (or whatever the new system is these days). On the one hand, I'm enjoying driving an LS, which if I was offered one at the salvage price quoted, I'd take hands down, as wafting around in a cheap LS seems like a bargain.
But on the other hand, I'm still paying insurance at the previous value (it will have gone down in value now), and still getting stung by DVLA every month. Alongside this, my comprehensive insurance included business travel.
This might be a good time to move onto a different car; I could just take the salvage offered (please, don't ask for hard figures, as this isn't some camouflaged for sale ad), but am genuinely surprised how low it is. I don't mind breaking it, as I have plenty of space at home, but have never broken a car, and could do with some advice about how best to go down this path, what the considerations might be, etc. I guess my view is if I sold a few bits off it and then it became a paperweight, what would it cost to then ship off the shell? I might not even break even, in which case, it might be better to just let the salvage guys take it.
Any general advice would be appreciated.
Thanks,
Rob