147GTA insurance write off

Guys,

Just heard back from the insurance assessors that they are prepared to write my car off because of the engine damage.

I'm waiting for the call to see how much they'll give me, but I'm very tempted to buy it back if I can to sell on. Seems a damn shame to waste a good car.

Wondering what a realistic buy back value might be. Its a 53reg with about 60000 miles in all round decent condition and excellent history.

Engine has sucked up water, broken a rod, still runs on 5 with lots of engine management lights up on the dash.

What do you think the value of the car would be and would anyone be interested if I could get hold of it for a reasonable price?

TBH I'm not suprised.

But don't write it off and buy it back. Either write it off and buy a different one (GTA's are hard enough to sell as it as, imagine trying to flog a CatD?)
Or do what I did - find out what they were offering for a repair and get the cash value paid to yourself, then get to Autolusso/Autodelta/whoever and get a recon. You'll probably find yourself a little better off - new engine are over £4k from Alfa (well, used to be) but you'll get a lightly used one for £2.5-3k.

Have you got yours sorted out then Matt?

I was going to be selling the car soon anyway to cover the cost of my new Fiat 500, due late march early april.

I'm thinking if I get a good buyback price, I might have it back anyway though.

I'd be interested in the engine if you want to sell it.

Not yet Johny, insurance are dragging their feet on payout, so I'm getting the ombudsman involved to kick them up the ar*e. They agreed to pay me personally the cost of the repair, so I could take to to Autodelta, but I've yet to see the cash

Did you pay autodelta your deposit or have you had it back??

Sorry John, I know who you are now

I didn't pay the deposit to Autodelta, because Jano wanted to know how much the insurance payout was, I said I wanted a breakdown of all the costs before I went ahead.

Its seriously going skyward though, last estimate was £7200+VAT, +clutch and I'm hoping to haggle a good deal on some other bits while I'm there

Bit different to when you told me it'd only cost me 'about a grand extra'

Sounds like Janno is trying to have your panys down Matt!!!

Was it just the engine that was damaged?

If so, then the cost of this to be repaired shouldn't mean that the car is written off (unless the insurer is referring to some car pirce guide that says the car is worth about £100 i.e. Parkers).

Speak to the insurance company with some examples of costs of other cars for sale. The beast must be saved!

Originally Posted by Robf

Guys,

Just heard back from the insurance assessors that they are prepared to write my car off because of the engine damage.

I'm waiting for the call to see how much they'll give me, but I'm very tempted to buy it back if I can to sell on. Seems a damn shame to waste a good car.

Wondering what a realistic buy back value might be. Its a 53reg with about 60000 miles in all round decent condition and excellent history.

Engine has sucked up water, broken a rod, still runs on 5 with lots of engine management lights up on the dash.

What do you think the value of the car would be and would anyone be interested if I could get hold of it for a reasonable price?

Yes. I am Interested!

Just waiting on a final offer from the insurers - hope I'll be able to buy it back as part of the deal.

Sorry to here about you loss mate and don't want to seem callous but is anybody looking to buy and break if Rob gets an offer he likes? If so I'm interested in the interior dependent on colour...

Whatever happens I hope you get a resolution your happy with.

Guys,
If I can get it back I'll be buying to sell on to someone - if its to break that would be a shame I think as its a lovely car, but so be it.

Its black leather interior by the way
Regards
Robert

Your initial Q was how much do you think the insurance offer would be less an engine and possibly on Cat d

I would say that £3k or thereabouts we be a reasonable figure,their repair costs would be calculated on dealer labour rates,£75 hr for removal and replacement of engine and other items plus cost of a new engine if you can get 1!

I think these costs would be far greater than most would appreciate,that's why they do come up for grabs through salvage sales,simply uneconomical

D

Robf, does it have 305mm or 330mm brakes?

Originally Posted by Pud237

Robf, does it have 305mm or 330mm brakes?

Aye up, they're starting the circle

305s, disks and pads replaced about a year ago.

I know its not an economical repair if you pay to get it done thru a dealer, but it still runs on 5, so a rebuild may be possible. even if not a replacement engine is a possibility at 3K.

So if its 3K to buy, then 3K or even 4K to fix, the end result is a lovely GTA for 6 or 7K, admittedly on Cat D. For those that can live with a Cat D thats a decent car for the money IMO.

The car has full history, and is otherwise in great condition, so for someone this could be a good way into a cheap GTA.

Anyway I probably won't be able to get it for sensible money so its all academic really...

Just keep up posted on the cost of a buy-back, someone on here might want to buy it through you, I'm sure you could stick a couple of hundred quid on top as your 'commission'..

If it goes to a breakers and you can find out which one let me know, as I'm after bits and pieces, driveshafts, uprights, hubs/bearings, calipers, pads, discs etc..

pud! ya vulture!

Originally Posted by Chris155

pud! ya vulture!

I know, I should be ashamed of myself..

But I really want better brakes, and buying the bits brand new is prohibitively expensive..

Well if I end up buying it I'll have a set of GTA uprights etc to sell....

Seems a shame to write it off for want of an engine. Autolusso do a replacement 3.0 for £2500, can't imagine it'd be too much more for a 3.2.

Guys,

Car has been written off, I got an offer I am very happy with from the insurers.

Unfortunately they wanted over £3K to buy it back, so thats that. If I get wind of where its going will let everyone know, but at that sort of money I can't imagine it will be parted out, more likely to go to someone who can sort the engine out and sell it on.

All the best

I will more than likely see it come through my salvage links in the next couple of month!

If i get it for about 3k,you will see it appear on here 1st

Derek