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£1500 for a standard cat d 172 seems well over the top to me. You could probably have got a similar car that wasn't a write off for the same price. However, its not a great deal of money so i wouldn't worry about it.
I wound my coilovers down yesterday and ever since the steering seems to have gone really light with a fair amount of movement on the steering wheel. My tyres are nearing the end of their life, the edges are fairly worn which i guess won't help. What else would cause this and what can i check...