Hi folks Sorry if youve already seen this on the other site but I really need some help!
As many of you know until last week I was the proud owner of a 98 P1 black lusso Spider, I got clipped by a trailer and spun off the road over a 20' vertical drop - apart from being very lucky to be alive I know have to try and agree a price with Direct Line for the value iof the car
Firstly my Spider was in perfect nick, full service history with wadge of invoices, no warning lights on, big belt/variator/water pump service done last Nov, brakes last June and rear suspension 2 years ago. Intererior was tan momo and mint. Electric hood worked fine and no leaks. Also fitted with 4 good Pirelli 6000s. I paid £4900 10 months ago after loads of searching to find the right car, this one was really cherished and well looked after, the owner was selling up and moving overseas, everything was for sale incl a CBR. I know it was top end price, but there were others at similar prices but none as good as this one.
Direct line have offered me £3,800, they have reviewed it and refused to budge, I know I can just buy a Spider for that but not one in the nick mine was in. And I dont believe a 10 year old car depreciates by 20% in a year! At the moment I minded to take this to the insurance ombudsman and what I really need is evidence to support my view that it is worth nearer £5k than less than £4k, or am I wrong? I'll not post my bottom line incase they read this (paranoid or what!)
Has anyone purchased a 98 Spider in the last 12 months? and would you be prepared to let me know what you paid for it and if necessary provide me with evidence to present to Direct Line? This is the only way I am going to convince them.
Direct Line tell me that they only use Glass's guide and are not prepared to shift, Ive never matched a price in Glass's but thats another issue!
But interestingly Glass's themselves say: All valuations given are based on a single transaction with a bona fide motor dealer involving the sale of the consumer's car in part exchange for the purchase of a different car from the same dealer. Values are not cash values, replacement prices or insurance settlements and therefore must not be used for any other valuation purposes whatsoever.
Vehicle prices are affected by many different factors such as regional variations, sales promotions, as well as a dealer's perceived view of the condition of a vehicle. The amount quoted should not be relied upon solely, and should be treated as a guide only.
Can anyone help?! either with a valuation or help with dealing with DL?