Car valuation

Carquestion112

Hi all. Unfortunately my car was written off in an accident recently - car was a 131 Skoda Octavia Elegance model, 148000km, 1.2 petrol. Beautiful car, leather seats etc. Will be missed..

The insurance company has come back with a valuation of €8250. I have looked online at similar cars but can't get my head around whether this is a decent offer or not and would appreciate some opinions.

If anyone has any suggestions of a good replacement car to buy now for €8000-€10000 that would also be great - we love the boot space and size of the Octavia so would be looking for similar.

Buddy Bubs

Looking at donedeal it seems close enough to correct valuation....maybe push for a few more hundred euro...there are elegance models asking more.

As for what to get next, I think you've answered your own question, just buy another.

Carquestion112

Buddy Bubs wrote: »

Looking at donedeal it seems close enough to correct valuation....maybe push for a few more hundred euro...there are elegance models asking more.

As for what to get next, I think you've answered your own question, just buy another.

Thanks for your reply Buddy Bubs. Yea I could only find a few Elegance models none of which were directly comparable which was making it hard to get a good idea of value. If I decide to push for a few hundred more would I just send the insurance company the ads I've found?

Haha yes I'm 99% sure we'll go for another one. Was just curious if there were any other suggestions

From looking online I won't be able to buy a comparable Octavia with what they're offering, hence the thread. New to all this and it's very stressful and unexpected

Atlantic Dawn

You could have a look at the VRT calculator to see what the OMSP price of the car would be, that might help.

https://www.ros.ie/evrt-enquiry/vrtenquiry.html?execution=e2s1

bazz26

I don't think the insurance company will take a VRT valuation, you will need to show them identical cars for sale on the likes of donedeal and even at that they will probably claim that asking prices are not selling prices. However you don't have to accept their first valuation offer which will always be low to suit them. Present your case and evidence of higher value cars to their assessor and negotiate a better settlement figure with them.

Sam Russell

If the accident was caused by a third party, your options are greater than if you are claiming off your own insurer.

You can play hard ball if it is against another insurance company, but not so much with your own.