reading these posts makes me feel better for selling my LY 182
knowing people that work in the bodyshop, I know £250 wouldn't cover mates rates in labour alone, paints, primers and base coats will cost that or more. I had a panel resprayed and rejected it twice from a place that had experience with LY. Get it wrong and you might as well spray it sunflower yellow.
If you want to keep the car, go through the insurance, if they do write it off, buy it back and with the money you get back will cover the majority if not all of a professional respray.
seriously think hard before going for a cheap / mates rates respray, as I would be completely demoralised if it were my car and it didn't come back 100% perfect.