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I recently crashed my 33 and was wondering what happens with insurance if its a write off....ok what i was wondering was whether or not i get first shot at buying it back from insurance if it is a write off...or does it have to go to auction where i will then get a chance to buy it back...any help will be appreciated....oh i am with justcars insurance.... :P

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I recently had my car written off, not my fault. They paid me out. Market value of my car was set at 10,300 by their insurance company. They got quotes on salvage price which was $1,300.

Their insurance paid me $9000.

Leaving me with the car and contact details of a wrecker which i had to ring and they took my car away, and paid me the remaining $1300. I think you legally own the car after they pay you out the amount less salvage, leaving you with choice of selling it to the wrecker they choose or you can keep your car.

Their insurance company was RACV. SO it may be different with just cars.

Cant be bothered reading back over that so i hope it makes sense.

Cheers,

Paradizzle.

I recently had my car written off, not my fault. They paid me out. Market value of my car was set at 10,300 by their insurance company. They got quotes on salvage price which was $1,300.

Their insurance paid me $9000.

Leaving me with the car and contact details of a wrecker which i had to ring and they took my car away, and paid me the remaining $1300. I think you legally own the car after they pay you out the amount less salvage, leaving you with choice of selling it to the wrecker they choose or you can keep your car.

Their insurance company was RACV. SO it may be different with just cars.

Cant be bothered reading back over that so i hope it makes sense.

Cheers,

Paradizzle.

Exactly what he said^^^^

If the damage is 80% or so of the value of the car, it is a write off. You can either take the whole amount of money and they keep the wreck, or they work out how much they think the wreck is worth and then you can keep the car and get the remainder of the money.

In the case of a skyline, you are probably better off keeping the wreck and selling bits off it. At least take all the aftermarket stuff off first. If you can be bothered and have the time.

If insurance companies write it off they usually have a fairly good reason why. Going off your signature its 1997 model? that would have dual airbags, these are expencive to replace, so look into that too - and the price of straightening chasis rail if theyre bent too. As others said its probably better to buy the wreck back and wreck it out.... and you'll end up ahead down the track. Just cars usually give you the choice of buying the wreck back before they sell it off at auction.

Dayne

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