Petrol blue clio 182 write off valuation.

[Rumrums]

Hello guys, I've been frequenting this page for a while and never needed to post until this point. Any help on the matter is greatly appreciated

Friday just passed I was rear ended in my petrol blue 182. The other party has taken liability and my car is more than likely going to be written off.

I am trying to find valuations that are reasonable to approach my insurance with to achieve the best outcome for my car. Basically I would imagine the insurance are going to low ball offer me and I need a bit of backup to basically stand my ground on price. For those who don't know the petrol blue is a dying breed and now there will be 17 left in the UK. My car had full service history, 84k miles all the optional extras and was generally in good condition. Not immaculate but good condition!

Could you guys lend any advice on the matter? I've searched everywhere to find adds and prices for this specific car but I'm fighting a losing battle. How do you value a car when there are none for sale? Does anyone know any appraisers that could help please?

Regards

 

[SharpyClio]

Firstly, im assuming you are okay which is good news, shame about the car.

What you need to do is get a range of similar cars in the same colour and their prices, if there are none in your colour get a broad range of the same spec.

This will give you a view of the market, then you need to figure out where yours sits with regards to condition and make an assessment off that, things like maintenance records etc are important as these cars see an uptick with a full history for example.

Basically you need to able to show why yours is worth more than the books states as the insurer is likely to just go off the book value, they probably wont even look at it, if you challenge the offer you need to be really clear with specifics, if you are vague then they will just think you are trying it on. The fact there are so few left is a good point, tell them that but show how you know. Each point needs to be backed up with evidence.

What I would say is be honest with yourself on the condition and value, you dont want to be trying to present a case that you are not 100% confident in as that only leads to issues.

Who is the insurer out of interest?

 

[Rumrums]

Firstly, im assuming you are okay which is good news, shame about the car.

What you need to do is get a range of similar cars in the same colour and their prices, if there are none in your colour get a broad range of the same spec.

This will give you a view of the market, then you need to figure out where yours sits with regards to condition and make an assessment off that, things like maintenance records etc are important as these cars see an uptick with a full history for example.

Basically you need to able to show why yours is worth more than the books states as the insurer is likely to just go off the book value, they probably wont even look at it, if you challenge the offer you need to be really clear with specifics, if you are vague then they will just think you are trying it on. The fact there are so few left is a good point, tell them that but show how you know. Each point needs to be backed up with evidence.

What I would say is be honest with yourself on the condition and value, you dont want to be trying to present a case that you are not 100% confident in as that only leads to issues.

Who is the insurer out of interest?

Thank you for your reply, yes whiplash but I suppose that's to be expected considering. So aside from that I'm happy all involved are unharmed.

Yeah I've been gathering cars in similar condition and age, however no petrol blues which is a shame as I'm certain they are more desirable given the small numbers and spec of the car. The car has full documented history and a large folder of receipts to back up any work completed.

I'm not entering this with the aim of being unreasonable it's a clio at the end of the day but the book price of say 2k won't cut it in terms of any sort of reimbursement for the car.

My insurance is 1st central who at this point have been very helpful. Thanks for your reply, onwards we go

 

[SharpyClio]

Thank you for your reply, yes whiplash but I suppose that's to be expected considering. So aside from that I'm happy all involved are unharmed.

Yeah I've been gathering cars in similar condition and age, however no petrol blues which is a shame as I'm certain they are more desirable given the small numbers and spec of the car. The car has full documented history and a large folder of receipts to back up any work completed.

I'm not entering this with the aim of being unreasonable it's a clio at the end of the day but the book price of say 2k won't cut it in terms of any sort of reimbursement for the car.

My insurance is 1st central who at this point have been very helpful. Thanks for your reply, onwards we go

Yep, understandable. Given what you said there is more value in it than £2k. Good luck!

 

[FatRS]

Go through the classifieds here and screen grab the prices they were up for. Also there’s a Facebook page for PB only. Unfortunately though there won’t be much swaying the insurance company on just the colour.

 

[Gally]

Ignore the market valuation. You will get shafted by that. You need to speak with someone about this and another owner on here is currently going through the same thing. I will tag him in the hope he can help. 👍🏻

 

[dave120]

Honest question, do insurance companies really value cars based on what colour they are? Also, do we honestly think they will pay out more for "rare" colour just because a car enthusiast tells them its worth more?

I can imagine they will offer book value for your year of Clio and you will do well to prove it was in good nick so may get the offer topped up that way.....

 

[davo172]

When I had my 172 stolen adrian flux gave me a very decent payout tbh after me sending off various ads showing prices of decent cars for comparisons rejected the first 2 offers but they got me a decent price in the end.

I know they get stick on here but they wer great when I had to claim.

They Can't get anywhere near a decent price for my last to golf GTI renewel figures thou 🤣🤣

 

[Rumrums]

Honest question, do insurance companies really value cars based on what colour they are? Also, do we honestly think they will pay out more for "rare" colour just because a car enthusiast tells them its worth more?

I can imagine they will offer book value for your year of Clio and you will do well to prove it was in good nick so may get the offer topped up that way.....

Yeah I know dude total nightmare because its a tidy car, unmodified and full history. I'll wait and see what the insurance say and take it from there. Whatever happens its not good news for anyone 🤷‍♂️

 

[SharpyClio]

Honest question, do insurance companies really value cars based on what colour they are? Also, do we honestly think they will pay out more for "rare" colour just because a car enthusiast tells them its worth more?

I can imagine they will offer book value for your year of Clio and you will do well to prove it was in good nick so may get the offer topped up that way.....

It depends, I work for an insurer (albeit not in the insurance arm) and if you can demonstrate there is a reason (such as it being rare) and getting a like for like is going to cost more or be harder to obtain then it would be considered, that said if it was the OPs fault then you may have less luck but as its a third part claim and not a fault claim there is more scope. If it was me I would get all the info I could present it in a factual way and then say what you expect. They may not meet it in full but if you are prepared and show you are taking a methodical and logical approach to the process its harder for them to just decline it. Also don't be afraid of declining the offers and pushing it, too many people just fold early and take whatever offer they are made, if someone genuinely feels they are note getting treated fairly they will be persistent.

 

[SharpyClio]

To that end I do remember seeing that one insurer offered like for like replacement which included colour.... so if they can't find the same car they would have to offer more as they know its going to cost more to replace like for like. Its no the only factor but it should be noted.

 

[Ant1]

Speak to a Renault specialist that actually sells or maintains many 182s and ask them if they would value such car if you needed to replace it like for like.

You might have to pay £50 for the document but totally worth it.

 

[seb]

^^^^ this

 

[Rumrums]

Cheers guys, all this info is very handy to have, I've never claimed for anything so all this is very new to me. I'm more gutted about the poor car, it still has plenty life in it. I'll gather all the information I can and present my case to the insurers, I'm hoping they'll be understanding albeit within reason. If anyone sees any petrol blues up for sale let me know so I can see the advert 🤣. I'll keep this thread updated in due course for everyone's entertainment

 

[FatRS]

What does the damage look like? Pics? If not totally fucked then buy the car back from insurers. DO NOT LET THEM NOT ALLOW YOU YO BUY IT BACK!

 

[Louis]

You say it had all optional extras? Pics as proof pls.

 

[Pegasaurus Rex]

Yeah post some pics of the damage up please, it maybe worth repairing!

 

[jp_lcr]

Know its a bit late here but for others reading if own something rare worth paying for agreed valuation up front in case something bad happens. Then can revise it annually if cars going up in value too.

 

[Cookson]

Know its a bit late here but for others reading if own something rare worth paying for agreed valuation up front in case something bad happens. Then can revise it annually if cars going up in value too.

He's not claiming off his own policy though, so agreed value wouldn't help here.

Also, as a claimant direct, insurers are likely to low ball as you aren't going to issue proceedings against them (or highly unlikely anyways).

As said, get all the evidence you can together to show the true value of your car. When their inspector comes out, nake sure you make them aware of the rarity of it etc. Prepare for a scrap with them.

And don't forget to remind them of the indemnity principle. They need to put you in the same position, or as near as damnit, as before the accident. Its not YOUR fault, its their policy holders. Invite them to find you a like for like car, spec, miles, colour etc. If they can't, then they have to provide the funds for you to do so.

 

[jp_lcr]

Good to know cheers, I didn't even click agreed value becomes redundant if claiming against 3rd party, if that's standard practice.

 

[Cookson]

Good to know cheers, I didn't even click agreed value becomes redundant if claiming against 3rd party, if that's standard practice.

I mean, its another string to your bow if you have legal expenses insurance on your policy and you use their solicitors to help you with the claim for vehicle damage.

 

[Darren S]

A bit late with the response here - but both Petrol Blue and Liquid Yellow were a £1,200 option on 182s when new.

Not sure if that will help your case or not?

 

[Rumrums]

Hello guys back again to update you all on the current situation regarding the car. So the garage quoted 5.5k for the damage which is ridiculous, but hay ho here we are. The insurance subsequently wrote the car off (cat s). The insurance then contacted me and instantly offered me 6k for the car or car back for 2k and 4k in my hand. So this is where I am just now. That's their first offer and I've told them to phone me back this Wednesday coming. I'm going to obviously need to think about this carefully considering the damage to the car and what it would cost to repair. I feel like there's room for haggling here considering i can't just toddle off and buy another well cared for petrol blue with low miles. Do you guys think there valid argument for anymore money or the car back cheaper? It will need work and another mot to go back on the road obviously. Does anyone have any wisdom they would care to share on the matter? Thanks for all the replies and advise so far .

 

[Daniel]

Hello guys back again to update you all on the current situation regarding the car. So the garage quoted 5.5k for the damage which is ridiculous, but hay ho here we are. The insurance subsequently wrote the car off (cat s). The insurance then contacted me and instantly offered me 6k for the car or car back for 2k and 4k in my hand. So this is where I am just now. That's their first offer and I've told them to phone me back this Wednesday coming. I'm going to obviously need to think about this carefully considering the damage to the car and what it would cost to repair. I feel like there's room for haggling here considering i can't just toddle off and buy another well cared for petrol blue with low miles. Do you guys think there valid argument for anymore money or the car back cheaper? It will need work and another mot to go back on the road obviously. Does anyone have any wisdom they would care to share on the matter? Thanks for all the replies and advise so far .

Post a few pics up of the damage.

If you can repair it for £2k and pocket £2k then it’s worth it to keep the car you already know.

If it needs a load of invasive work and will cost loads, it may be worth taking the money and letting them dispose of the car.

Using my two cars as an example; if my van was in this scenario I’d keep it. It has sentimental value and I know that mechanically it’s perfect so it’s worth doing a bit of bodywork as the rest of the van is perfect.
If it was my Car however, that needs a lot of work mechanically (due a cambelt, need ball joints, top mounts, AC doesn’t work etc etc. so I’d gladly take the money and run.

 

[Rumrums]

Yeah I see what your saying bud, I mean mechanically the car is actually in really good condition. Its not so much a case of is it worth it. Its more I'd prefer to save a fairly rare car but not do myself out of cash in the process. After the work is done I'll also have a car that probably isn't worth that much which is very annoying because I like the little thing, it's fun and clean. Need to see what the insurance say when I argue with them on the phone as well. They can't replace it so I kind of feel like I shouldn't take their first offer for the car 🤷‍♂️

 

[Pegasaurus Rex]

£6k seems like a decent offer. I know it’s a rare colour, but obviously depending on mileage and original condition that seems like a decent shout.

 

[Gally]

How much did you pay for it?

Also need pictures of the damage. Going by my recent estimate on an LY 5k seems decent repair cost wise. Bodywork is expensive.

I'd say take the 6k and run but you might be able to put a bumper on the car and drive away for 4k in your pocket.

 

[FatRS]

When my 172 was written off I was offered an amount and I said I wanted to buy the vehicle back, so had to pay a percentage of its write off value.
Payout wasn’t determined by whether I bought the car or if went to salvage.
I would be pushing that and take the £6k and insist you get to purchase the car back at its salvage percentage value.

 

[sennaalbronda]

Is this car still yours? Or has the insurance got it?