My '02 Le Mans Blue M5 got rearended by a bloody courier van on Friday. No mechanical damage but going to need new bumper / bootlid / boot surround.
Insurer is already making noises about a write off. Vines BMW Bodyshop have estimated £5k to fix. Insurer will write off if repair costs more than 66% of the replacement value... So working out the true replacement value is important!
A paid for Parkers valuation, once adjusted for my spec, is good at £14-15k (and broadly matches current autotrader prices). Glass's free web price is woefully unrealistic - less than £4k! Good luck getting a driveable M5 for that...!
I''ve read all the Financial Ombudsman stuff but wondered if anyone has first hand experience of fighting insurers. Any tips much appreciated; in particular, why the Glass's valuation is so far off the current market price. I've read on t'web that Glass's is less accurate for older vehicles - anyone got a view? And as I can't even buy a valuation from the other provider, CAP, which surely reeks of an industry stitch up.
Any comments much appreciated - Otherwise it's going to be just a big dose of tenacity and waving the Parkers valuation and Autotrader under their noses until I get the right outcome (which means my car getting fixed - am not interested in losing her)!
Cheers all
Insurer is already making noises about a write off. Vines BMW Bodyshop have estimated £5k to fix. Insurer will write off if repair costs more than 66% of the replacement value... So working out the true replacement value is important!
A paid for Parkers valuation, once adjusted for my spec, is good at £14-15k (and broadly matches current autotrader prices). Glass's free web price is woefully unrealistic - less than £4k! Good luck getting a driveable M5 for that...!
I''ve read all the Financial Ombudsman stuff but wondered if anyone has first hand experience of fighting insurers. Any tips much appreciated; in particular, why the Glass's valuation is so far off the current market price. I've read on t'web that Glass's is less accurate for older vehicles - anyone got a view? And as I can't even buy a valuation from the other provider, CAP, which surely reeks of an industry stitch up.
Any comments much appreciated - Otherwise it's going to be just a big dose of tenacity and waving the Parkers valuation and Autotrader under their noses until I get the right outcome (which means my car getting fixed - am not interested in losing her)!
Cheers all