vz write off value

[sebapl10]

So the 2005 vz executive ex police car has been written off. Everything stayed the same since the purchase of the ex cop car. What will I looking at getting from the insurance since I don't have enough money to buy new car and I'm hoping to buy the exact same model and year car?
Thanks.

[azazeldeath]

Depends on the agree'd value. My Crewman has a write off value of 30 grand (modified and through Shannons). So have a look at your insurance papers. Very rough and probably far off estimate is 15-17grand.

NOTE: They wont care about the ex cop car side of it.

[sebapl10]

redbooks is telling me 7-10 grand ...if i get 17k il be dreaming i think...but thanks for th estimate

[sircruisealotVS]

Are you at fault for this accident? Are you doing this through your insurance or someone elses? If it's yours then your insurance papers will tell you how much it was insured for (like azazeldeath said) and your excess will come off the top of the payout - plus any premium you may owe if your paying by the month for instance. If it's someone elses insurance because your not at fault but didn't have comprehensive then your at their mercy, they will definately screw you over.

[sebapl10]

Nope, our fault and the insurance for the car is about 14.5k but after calling them today they told us it will be paid out at market value which is BS.

[Pickle']

Nope, our fault and the insurance for the car is about 14.5k but after calling them today they told us it will be paid out at market value which is BS.

Thats why you go over your papers when you get insurance! You can go for agreed value or market value (market obviously being cheaper). All i can say is learn your lesson and check next time.

[Slipper]

when you say the insurance for the car is 14.5k do you mean you had an agreed value and they are renegging on that?

[sebapl10]

No Dw that's for different car, just looked at papers and its insured for markwt value, hopefully I can get some good money to buy another car

[Calaber]

Good luck. Market value payout for a VZ Exec won't get much more than another Exec if you are still thinking of Commodores, though it would get a higher spec earlier model.

[sebapl10]

Hopefully enough.of a payout to buy the same car Haha, around 10grand, very powerful cars I think.for a v6

[Torquative]

unless their being generous then the market value for a 2005 VZ Exec is around the $7 500 mark, give or take

They've gone down in value, last time I checked it was at $10 000 but that was a few months ago

also ex cop car means nothing, in some cases (like selling a car) it can make the value decrease

[Whitesack07]

idk about the Exec, but i know my ute is around the 19k mark, it should be around the 10k markish, could be wrong

[sebapl10]

lets hope so

[Shorty33]

best of luck to you, of course, but I doubt that you'll get more the RedBook,
which, as of right now, is -

* Private Price Guide $7,200 - $8,700
* Trade In Price Guide $4,900 - $6,400
based on - * Average Km 90,000 - 150,000

*RedBook has these asterisks, but I can't see any explanation as to what they mean ...

when my VX got written off, they allowed a little extra for the towbar, and the fact that it had low km.

I'll be interested to hear how you get on.

[sebapl10]

Shattered, had tow bar aswell on it and before dad drove it I had full tank of fuel LOL.70buks

[Clutchy]

All my cars are insuried with agreed value my wagon will still pay me out for mor than I paid for it 2 years ago and my ute is at almost double what I paid for it. but good luck at getting a good payout figure.

[Torquative]

me to shortly, my $7500 is based off a guide that some insurers use, and based on a car thats done 120 000 kays. Your able to tick other options like towbar etc and it bumps the price up a tad but not much.

[sebapl10]

I will let you know how much will get for it, hopefully they call and let us know today

[Torquative]

so ... what was the payout figure?