Omega Owners Forum

Please login or register.

Login with username, password and session length
Advanced search  

News:

Please check the Forum Guidelines at the top of the Newbie section

Pages: [1]   Go Down

Author Topic: buying back car from insurance  (Read 1217 times)

0 Members and 1 Guest are viewing this topic.

unlucky mark mv6

  • Omega Knight
  • *****
  • Offline Offline
  • tipton,west mids
  • Posts: 1904
    • View Profile
buying back car from insurance
« on: 19 March 2010, 18:09:24 »
is it correct that if you want to buy your car back after its been written off,you have to go to the auction? :-/
Logged
Machine polishing in west mids £40 also body repairs.pm me for more info.

Lazydocker

  • Omega Queen
  • *****
  • Offline Offline
  • Gender: Male
  • Woodbridge, Suffolk
  • Posts: 18848
  • Constantly Bullied by a certain Admin
    • View Profile
Re: buying back car from insurance
« Reply #1 on: 19 March 2010, 18:15:53 »
You should get first refusal I thought :-/
Logged
Whatever it is... I didn't do it

unlucky mark mv6

  • Omega Knight
  • *****
  • Offline Offline
  • tipton,west mids
  • Posts: 1904
    • View Profile
Re: buying back car from insurance
« Reply #2 on: 19 March 2010, 18:19:13 »
Quote
You should get first refusal I thought :-/
Thats the way i thought it worked,suppose its changed then. :-/
Logged
Machine polishing in west mids £40 also body repairs.pm me for more info.

Lizzie_Zoom

  • Guest
Re: buying back car from insurance
« Reply #3 on: 19 March 2010, 18:25:06 »
All I know is that back in November last year, when my 2.5 was written off, my insurance company gave me the choice of a cheque for the full value of the car (which I accepted) or the car back with a cheque for 60% of its value.

No auction involved. ;) ;)
« Last Edit: 19 March 2010, 18:25:44 by Lizzie_Zoom »
Logged

mantagte

  • Omega Knight
  • *****
  • Offline Offline
  • Gender: Male
  • great yarmouth
  • Posts: 1777
    • omega bmw maverick
    • View Profile
Re: buying back car from insurance
« Reply #4 on: 19 March 2010, 19:27:27 »
i bought mine back from the insurance company last year when they wrote it off
just told the insurance company if the car is written off i want to buy it back
paid £50 to buy mine back
they paid out £700
Logged

Kevin Wood

  • Global Moderator
  • *****
  • Offline Offline
  • Gender: Male
  • Alton, Hampshire
  • Posts: 36283
    • Jaguar XE 25t, Westfield
    • View Profile
Re: buying back car from insurance
« Reply #5 on: 19 March 2010, 19:32:54 »
Until you've accepted a payout from your insurance company the car is still yours so you can do what you like with it. :y

Kevin
Logged
Tech2 services currently available. See TheBoy's price list: http://theboy.omegaowners.com/

unlucky mark mv6

  • Omega Knight
  • *****
  • Offline Offline
  • tipton,west mids
  • Posts: 1904
    • View Profile
Re: buying back car from insurance
« Reply #6 on: 19 March 2010, 19:41:09 »
Some helpful info there folks,just what i wanted to know. :y
Logged
Machine polishing in west mids £40 also body repairs.pm me for more info.

Kevin Wood

  • Global Moderator
  • *****
  • Offline Offline
  • Gender: Male
  • Alton, Hampshire
  • Posts: 36283
    • Jaguar XE 25t, Westfield
    • View Profile
Re: buying back car from insurance
« Reply #7 on: 19 March 2010, 20:27:47 »
Quote
Until you've accepted a payout from your insurance company the car is still yours so you can do what you like with it. :y

Kevin

Having said that, if they have officially written it off there's a procedure to follow, depending on category, before you can legally put it back on the road.

Kevin
Logged
Tech2 services currently available. See TheBoy's price list: http://theboy.omegaowners.com/

hotrod222278

  • Junior Member
  • **
  • Offline Offline
  • Gender: Male
  • southampton
  • Posts: 122
  • Omega MV6 (now dented)
    • View Profile
Re: buying back car from insurance
« Reply #8 on: 19 March 2010, 21:43:19 »
Ye... Mine was a cat C and its got to go through a VOSA test now
Logged

Del Boy

  • Omega Queen
  • *****
  • Offline Offline
  • Gender: Male
  • Kent, UK.
  • Posts: 10804
    • 2012 '62' BMW 730d MSport
    • View Profile
Re: buying back car from insurance
« Reply #9 on: 19 March 2010, 22:10:08 »
Cat D - No VIC required.
Cat C - VIC required, cam be put back on the road if repair satisfactory.
Cat B - Some parts maybe salvaged from the car, never to be put on the road again
Cat A - Everything is only fit for the crusher

 :y
« Last Edit: 19 March 2010, 22:10:36 by LSG_1 »
Logged
Drives: 2013 (13) BMW 530d M Sport Touring, 2011 '61' BMW 520d SE.

HNO3GOH

  • Senior Member
  • ****
  • Offline Offline
  • Gender: Male
  • Somerset
  • Posts: 988
  • Play time.
    • View Profile
Re: buying back car from insurance
« Reply #10 on: 19 March 2010, 23:29:53 »
I'm just going through this with my 03 plate omega and i was told i could keep the car by the guy who come to look at damage but when i called the insurance to say that i was keeping the car they said no and that it was all to do with getting older cars off the road but yes i could get it back if i was to go to the auction >:(
Logged
Garage clear out in March 2011 and I will have a large amount of omega parts going very cheap.

Entwood

  • Omega Queen
  • *****
  • Offline Offline
  • Gender: Male
  • North Wiltshire
  • Posts: 19566
  • My Old 3.2 V6 Elite (LPG)
    • Audi A6 Allroad 3.0 DTI
    • View Profile
Re: buying back car from insurance
« Reply #11 on: 19 March 2010, 23:42:35 »
Quote
I'm just going through this with my 03 plate omega and i was told i could keep the car by the guy who come to look at damage but when i called the insurance to say that i was keeping the car they said no and that it was all to do with getting older cars off the road but yes i could get it back if i was to go to the auction >:(


Totally illogical... if it's keeping older cars offf the road .. it would be scrapped .. if it's for sale at an auction .. it's back on the road.

Methinks someone is talking out of their backside. ... and I'd be telling them just that.
Logged

unlucky mark mv6

  • Omega Knight
  • *****
  • Offline Offline
  • tipton,west mids
  • Posts: 1904
    • View Profile
Re: buying back car from insurance
« Reply #12 on: 20 March 2010, 09:06:02 »
Quote
Quote
I'm just going through this with my 03 plate omega and i was told i could keep the car by the guy who come to look at damage but when i called the insurance to say that i was keeping the car they said no and that it was all to do with getting older cars off the road but yes i could get it back if i was to go to the auction >:(


Totally illogical... if it's keeping older cars offf the road .. it would be scrapped .. if it's for sale at an auction .. it's back on the road.

Methinks someone is talking out of their backside. ... and I'd be telling them just that.
Got to agree there entwood. ;)
Logged
Machine polishing in west mids £40 also body repairs.pm me for more info.

HNO3GOH

  • Senior Member
  • ****
  • Offline Offline
  • Gender: Male
  • Somerset
  • Posts: 988
  • Play time.
    • View Profile
Re: buying back car from insurance
« Reply #13 on: 20 March 2010, 10:53:23 »
Quote
Quote
Quote
I'm just going through this with my 03 plate omega and i was told i could keep the car by the guy who come to look at damage but when i called the insurance to say that i was keeping the car they said no and that it was all to do with getting older cars off the road but yes i could get it back if i was to go to the auction >:(


Totally illogical... if it's keeping older cars offf the road .. it would be scrapped .. if it's for sale at an auction .. it's back on the road.

Methinks someone is talking out of their backside. ... and I'd be telling them just that.
Got to agree there entwood. ;)

I know and i said that i was only going to use it for parts so i would send them the V5 but i was then told that i may be selling the parts which would only be keeping other cars on the road and it's the gov that have set out this guide line about not letting the owner keep there car, all i seem to be doing is banging my head >:(
Logged
Garage clear out in March 2011 and I will have a large amount of omega parts going very cheap.
Pages: [1]   Go Up
« previous next »
 

Page created in 0.031 seconds with 21 queries.