Smashed my 1976 standard beetle chop top

chicken301 Learner Dubber

2 posts · joined Dec 2011 · 2 Jul 2014, 2:37 pm

#994696

New member here, first post
Last week a P plater coming in the opposite direction turned in front of me. Was going about 60 km/h and skidded about 1 metre before inpact. So much for the daytime running lights. Luckily got out of it only with mild whiplash (symptoms take 3 days to show) See pics below

Yes the doors still open

Other party admitted fault now dealing with AAMI. Went to AAMI approved repairers, they took one look at it and began scratching their heads with a bewildered look on their faces. Have not been to the assessor yet

I expect they will say it is a write off, if so what is the market value. My insurance with RACV has a value of $5000 and keep the wreck. I am not intending to lodge a claim with them as the other driver admitted fault. I think I can argue it is worth more.

It has no rust and is restored eg new calipers/rotors, shockers, ball joints, CV joints, wheel bearings, exhaust, clutch, rubbers, tyres/wheels, rusrproofed

Any ideas for how to argue/establish a pre crash a value

Also it is my understanding that a car older than 15 years does not go on the uneconomic write off register. Anyone had experience with this register as I intend to repair the car (got bonnet and fenders in stock, anyone got a good front clip for sale). I am in Victoria

Thanks

bajachris88 The international telephone dialing code for Antarctica is 6

6,661 posts · joined Apr 2005 · 2 Jul 2014, 2:47 pm

#994697

Chances are your PDS states agreed or market value, what ever is lower.

So... if you haven't nominated an agreed value in your insurance documentation, they'll jump on market value which will be a quoted figure from redbook.com.au for the lowest applicable value of a 76' bug (typical bastards!)

To fight for a greatre market value, you have to look for sales of similar vintage / condition vw's to prove thats the going rate and produce a report with those supporting sales. If you did already nominate an agreed value of $5000, and the market value is greater, well the insurance company will contractually be able to go the 'lesser' of the two. IE: $5000. Mind you, because you are not at fault, then AAMI shouldn't have a worry as to what bill is sent to the other insurer.

None the less, time for a baja 👍!

(ô_!_/ô) (ô_!_/ô)
69' baja: kombi box, thing spindles, irs, disc front, type 3 rear drums, 2 inch lift kit, 31x10 rears. 👍
New engine in process: 94mm p&bs, 74mm C/w chomol Crank, 35.5x39 SP heads, turbo. Wierd combo, hopeful torque monsta!

barls Administrator Causer of Chaos and Mayhem

9,476 posts · joined Jun 2004 · 2 Jul 2014, 3:11 pm

#994698

i agree with what chris said. tell em you want it back the way it was and only to use german parts.

“We all pay for life with death, so everything in between should be free.” Bill Hicks
the chaos project - click me

Bizarre Moderator The artist formerly known as blue74l

12,789 posts · joined Aug 2002 · 2 Jul 2014, 3:37 pm

#994699

I had a Vanagon written off a year ago and argued market value

Best advice is trawl car sales etc and get examples of (preferably) sold cares

As for the mech repairs you have listed, I believe that is maintenance a d would not count to the value of the car.

Futue te ipsum!!!

Boozo Back in the bug

359 posts · joined Sep 2007 · 3 Jul 2014, 10:15 pm

#994800

barls wrote:i agree with what chris said. tell em you want it back the way it was and only to use german parts.

Had a friend do this with a motor bike years ago, thinking the crash was the best thing and he'd have an awesome new bike......insurance laughed at the quote and gave him $1500 for his troubles.

always insure agreed value, and this issue won't exist. Are you concerned that the at fault party's insurance will only cover market? It will go on your insurance, as all they will do is trade a bit of paperwork.

'59 or Kombi?....feeling confused

'59 bug
'68 bug
'82 import T3 BUS. aircooled

chicken301 Learner Dubber

2 posts · joined Dec 2011 · 4 Jul 2014, 2:28 pm

#994823

Update of insurance claim

Went to the assessor, they were scoping to see how I would respond to writing it off and giving me a market value.

Once I started describing the car and restoration they quickly realised I am a ballbreaker and offered to pay me directly the amount that one of the repairers quoted to fix it.
The amount is $5855.30
"We will contact you in 3 to 5 days to work out a payment method"

I think this is a good outcome and will begin dismantling the car once I receive the cheque

Of interest is a car does not go on the repairable write off register if it is over 15 years old