Car written off

[theren_911]

Hi,

My car is getting written off after someone reversed into it, thing is... I paid �500 for it, and I check the parkers price guide, and market value is �500. (N Reg Fiesta)

Insurance assessor agreed a price of �9XX as a settlement. How does this work? Obviously I'm pleased as punch, just a little confused! Can anyone shed some light on this for me!?

[spaced]

you might be looking at the TRADE value of �500 rather than the RETAIL VALUE which is always more.

I would keep quiet and happily accept the offer

[sammd]

How badly was your fiesta damaged to get it written off? Mine is also damaged at the front and im awaiting to hear whether its fixable.

[theren_911]

Hardly anything wrong with it... cracked bumper (needs replacing) dent in bonet over release catch and healight bracket snapped (50p each!)

Took it to a garage who quoted �750 repair...

If your car is similar to mine... good luck!