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    Just a quick question, bought my car for £3600, when insuring it the automatic valuation they told me was it is worth £3300, my car was involved in a car accident where someone hit into the back of me just two days ago, my car will be written off, i was stationary, just wondering if a cars mileage will affect valuation when insurers payout? anyone had any experience please do input, thanks
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    (Original post by PataynaRolaay)
    Just a quick question, bought my car for £3600, when insuring it the automatic valuation they told me was it is worth £3300, my car was involved in a car accident where someone hit into the back of me just two days ago, my car will be written off, i was stationary, just wondering if a cars mileage will affect valuation when insurers payout? anyone had any experience please do input, thanks
    An insurer must off you a payment that will allow you to buy a like-for-like car in your area. They'll offer you a rock bottom price at first. Refuse it unless you genuinely are ok with it. Condition, mileage, spec etc all come into what a car is worth.

    example:

    Car 1: 95,000 miles - worth £3,0000. [Insurer may offer you £2,750]
    Car 2(the exact same spec as Car 1): 60,000 miles - worth £3,900 [Insurer may offer you £3,450]
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    Cheers mate


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    Make sure you get the right valuation.
    I managed to get my mate an extra 2 grand on his payout because his car was in a rare shade of silver.
 
 
 
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