[LEWISJOHN]

Just when I thought it couldn't get worse,my Gap insurance provider went into liquidation. I had a chat with Sytners' body shop manger yesterday he estimates
the damage around £12000 at least, the car was lifted up on the hoist and the front wheel was just hanging loose,he thinks there's diff or gearbox damage as the driveshaft was apparently ripped out.
My Gap provider was car2cover,which now is being looked after by the Motorway Direct group.Apparently I am likely to loose 10% of the claim figure if it's successful.

[Tengocity]

Just read this thread for the first time. Sorry to hear of your loss and the accident. Insurance plus some gap cover (even if not the full amount) will still probably put you in a better position than had you just went with a part-exchange type deal on the new car, so perhaps a thin and tenuous silver lining, but not all bad.

[isleaiw1]

Originally Posted by Tengocity

Just read this thread for the first time. Sorry to hear of your loss and the accident. Insurance plus some gap cover (even if not the full amount) will still probably put you in a better position than had you just went with a part-exchange type deal on the new car, so perhaps a thin and tenuous silver lining, but not all bad.

was just typing the same thing - if you had return to invoice gap and had the car a while (you were thinking of swapping so assume a fair while) then you effectively had that motoring with no depreciation (or in your case 10% due to shortfall caused by demise of insurer) but still could mean a decent position for you (re the car - small beer in the scheme of things).

Assuming they write it off, £12k repair cost should see it dead if value is below £20k ish

[LEWISJOHN]

I'm in discussion at he moment with the insurance assessor,his take on it is that it's repairable,with approximately £11000 of damage.I was offered £22000 as a px against the M3 so I'm assuming that's the trade value.He has not taken into account possible diff damage as the driveshaft was pulled out during the impact,he told me that would become evident during a road test.Also as both tyres are damaged,then surely a full set would have to be fitted as I wouldn't want to drive a car with 12300 miles of wear on one side and brand new on the other.
At the moment I don't know which way it's going to go.

[CazuaLLUK]

Jesus, hope it all comes to a good end mate!

[dopper99]

That's very borderline and it's a shame they couldn't have found another grand for the repair work. It would likely have been written off then.

[davyk31]

A well positioned hammer at the right time would have achieved your write off I'm sure. Keep fighting as those repair figures sound like it isn't the full fix so your insurer are trying it on.

[LEWISJOHN]

I was told by one of the body shop guys that the assessor was using a £35 an hour labour rate when he was estimating labour costs, which seems really low for a BMW dealer body shop.

[Nobby Clark]

Originally Posted by LEWISJOHN

Just when I thought it couldn't get worse,my Gap insurance provider went into liquidation.

Just before anyone 5hites themselves, car2cover have not gone into liquidation.
One of their underwriters did. You need to check the policy details to see who underwrites the policy.

[Tengocity]

Originally Posted by LEWISJOHN

I was told by one of the body shop guys that the assessor was using a £35 an hour labour rate when he was estimating labour costs, which seems really low for a BMW dealer body shop.

BMW labour rates are more like £100 per hour!

I'd have thought any decent body shop is more like £50+ minimum per hour

[Postcab]

Originally Posted by LEWISJOHN

I was told by one of the body shop guys that the assessor was using a £35 an hour labour rate when he was estimating labour costs, which seems really low for a BMW dealer body shop.

Really sorry to hear about your loss and accident.

I think you said earlier that you were insured by Churchill? They are a decent company, so I would recommend you contact the claims department now and explain to them that if they are going to repair the car that you insist that it is repaired at a BMW Approved bodyshop. I think that is more than reasonable bearing in mind the extent of the damage. They won't like that much, but they should agree to it, so stick to your guns.

That should then mean that the car will be written off. Fingers crossed for you.

[JustChris]

Crikey that's some damage, M badge prevails though!

Good luck in the next week with family arrangements.

[vadimo]

How did you not get injured or died by crashing 70mph ? Sounds like a miracle.

Your car has got a lot of issues and I would think normally that extensive damage any usurance will write it off.

If I was to look at buying your car and found out it was in such horrific state previously I would walk away as its still damaged goods.

[LEWISJOHN]

Originally Posted by vadimo

How did you not get injured or died by crashing 70mph ? Sounds like a miracle.

Your car has got a lot of issues and I would think normally that extensive damage any usurance will write it off.

If I was to look at buying your car and found out it was in such horrific state previously I would walk away as its still damaged goods.

My wife and I walked away with a little soreness on our shoulders from the seat belts,we think because we were both asleep on impact and that we were relaxed, which helped us escape serious injury.my car has gone from Sytners Haverfordwest and is going to Sytner Cardiff as they have a chassis alignment jig.I'm worried now that if it's repaired I'll end up with a car I can't sell because of the amount of repairs it'll have had.

[MattRST]

Originally Posted by LEWISJOHN

Talk about highs and extreme lows,ordered the M3 on Thursday afternoon,I was then called into the care home my mum had been living in for the last 9 months,sat alongside her bed from 6pm till 5 am following morning when she finally passed away.She had had dementia for around 4 years so I sort of knew it was coming.So today as a bit of a distraction my wife and I drove up to Bristol to have a look at the M3 and a test drive.I wanted them to see my car and arrange to pick up the M3 next week.Car was everything they said it was and more,so left there on a high,got to Cardiff ,had a spot of lunch,did a bit of Xmas shopping and set off home.I felt a little tired but not to bad ,driving over the Briton Ferry bridge I fell asleep,hit the centre reservation at around 70mph, all I remember is blackness and then white smoke in the car from the tyres and me steering the car over to the hard shoulder.From what I've seen of the car it looks like a total loss .Front wing,bumper ,both doors both wheels and tyres,Rear wing,central pillar etc etc.Not a good weekend.Dont know what'll happen to the deal now.I do have Gap insurance,I'm going to ring the dealer in the morning to discuss the options.

Sorry for your loss pal

[vadimo]

Originally Posted by LEWISJOHN

My wife and I walked away with a little soreness on our shoulders from the seat belts,we think because we were both asleep on impact and that we were relaxed, which helped us escape serious injury.my car has gone from Sytners Haverfordwest and is going to Sytner Cardiff as they have a chassis alignment jig.I'm worried now that if it's repaired I'll end up with a car I can't sell because of the amount of repairs it'll have had.

That's amazing.

I agree on the car, it had too much damage and you will worry, get rid of it and cut your loses

[Roberto71]

It's going to sound trite and predictable but thank God you both walked away from it. At the end of the day, it's just a car. I know we love our cars, but you're far more important.

[LEWISJOHN]

Well I've had confirmation from the insurance assessor that my car is being written off. Ive had a very good offer from the insurance company,which is a couple of grand over what I was offered as a part ex.
I've also got vehicle replacement gap insurance so I'm expecting a nice cheque from them when it's all settled.Ive already spoken to my dealer about an M3 CP in January.

[brtttt]

Originally Posted by LEWISJOHN

Well I've had confirmation from the insurance assessor that my car is being written off. Ive had a very good offer from the insurance company,which is a couple of grand over what I was offered as a part ex.
I've also got vehicle replacement gap insurance so I'm expecting a nice cheque from them when it's all settled.Ive already spoken to my dealer about an M3 CP in January.

Glad some good news has come your way after the thread

[dizzy619]

Glad it's a reasonable outcome from an awful situation..

[dopper99]

Originally Posted by LEWISJOHN

Well I've had confirmation from the insurance assessor that my car is being written off. Ive had a very good offer from the insurance company,which is a couple of grand over what I was offered as a part ex.
I've also got vehicle replacement gap insurance so I'm expecting a nice cheque from them when it's all settled.Ive already spoken to my dealer about an M3 CP in January.

Good to hear it and no doubt the result you wanted. Are you going for a new or second hand M3?

[CazuaLLUK]

Originally Posted by LEWISJOHN

Well I've had confirmation from the insurance assessor that my car is being written off. Ive had a very good offer from the insurance company,which is a couple of grand over what I was offered as a part ex.
I've also got vehicle replacement gap insurance so I'm expecting a nice cheque from them when it's all settled.Ive already spoken to my dealer about an M3 CP in January.

Some great news!