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STOLEN Toyota Bundera South Morang VIC

Started by jtraf, March 01, 2013, 10:03:44 AM

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jtraf

Correct if they write it off as an economical write-off it will automatically be registered on the national Register.

In effect you buy the car back but have to have a VIV done to get it back on the road and it will be permantly marked as a write off in future searches.

I advised him to either get them to repair the faults or simply use the payout to find another vehicle......issue is what they reckon it is worth and what you can buy with what is left over after the excess is paid......not a great deal when the vehicle is 20+ years old.
James - 1994 Patrol GQ TD42T Auto dragging around our 2007 Trackabout Safari Camper

Bird

Quote from: jtrafissue is what they reckon it is worth and what you can buy with what is left over after the excess is paid......not a great deal when the vehicle is 20+ years old.
its no different when the car is one of the last 10 GU 4.2's sold in AU.
They still try and lube you up massively and you have to fight and argue.
-


Gone to a new home

Hdn96

Don't go through insurance if you don't lodge a claim they can't write it off fix it and drive it

LB

Quote from: jtraf on March 06, 2013, 01:39:34 PM
Correct if they write it off as an economical write-off it will automatically be registered on the national Register.

In effect you buy the car back but have to have a VIV done to get it back on the road and it will be permantly marked as a write off in future searches.

I advised him to either get them to repair the faults or simply use the payout to find another vehicle......issue is what they reckon it is worth and what you can buy with what is left over after the excess is paid......not a great deal when the vehicle is 20+ years old.

If you love the car and due to its age who cares whether or not is listed as a repairable write off. This will only be an issue if you try to sell it.

LB
2017 BT-50 GT
Kimberley Kamper Platinum 2013