What will this cost to fix!?

So my friend borrowed my car and was driving along foreshore rd when a truck in the right lane decided to move into the left lane. Bastard truckie did a hit and run, and my friend didn't get the number plate because he was too busy trying to stop my car safely.

It's insured, but it'll take another week to get assessed. I'm hoping it's a write-off so I can upgrade without eating the depreciation, but I'm not sure :/

So, with that in mind, let's play a game. Who can get closest to the repair price, and will it be a write-off? It's insured for $12k. First prize gets cudos. My guess is about $3k and sadly not (those 325Ci's or E90 320i's look good...)

I've never had a crash or claim before, so I'm not sure how/what happens next and what it'll cost to fix. It looks like with the exception of the lights, the damage is all cosmetic or panel; the chassis looks straight to me.

easy, the answer is friendship.

The car can only be a write-off only if the air bags have gone off or the chassis has been damaged / bent in. As for the damage of the car it will cost around 1.5k to 2k to fix. If you have full endurance on the car you can make an insurance claim.

Originally Posted by chrisa_92

The car can only be a write-off only if the air bags have gone off or the chassis has been damaged / bent in. As for the damage of the car it will cost around 1.5k to 2k to fix. If you have full endurance on the car you can make an insurance claim.

Not true. Insurance companies will often write a vehicle off if the cost of the repairs + value of the wreck exceeds the insured amount. I.e. Vehicle is insured for 12k, cost to fix is 8k and they can get 6k for the wreck.

Also consider the labour costs of arranging repair, paying repairers, any hire car costs, etc. etc. vs sending a cheque.

Full endurance is also a new one...

In this case I'd say that the cost of repairs are pretty minor so I dare say they will fix it for you. Could be wrong though..

Originally Posted by DeclanM3

Not true. Insurance companies will often write a vehicle off if the cost of the repairs + value of the wreck exceeds the insured amount. I.e. Vehicle is insured for 12k, cost to fix is 8k and they can get 6k for the wreck.

Also consider the labour costs of arranging repair, paying repairers, any hire car costs, etc. etc. vs sending a cheque.

Full endurance is also a new one...

In this case I'd say that the cost of repairs are pretty minor so I dare say they will fix it for you. Could be wrong though..

Covers you for 24 hour races!

Originally Posted by YGOAMG

Covers you for 24 hour races!

lol Sub'd

Originally Posted by YGOAMG

Covers you for 24 hour races!

Ohh right.. We just call it Le Mans cover!

I could see the cost of a respray of the metallic paint for half a car being 1/3 the insured value easily. But I was under the impression that they will write it off at about 1/3 to 1/2 the insured cost, but one of my mates just told me that they changed the repairable write-off rules so now the threshold is more like 80%. I hope that's not the case...

Originally Posted by postal

I could see the cost of a respray of the metallic paint for half a car being 1/3 the insured value easily. But I was under the impression that they will write it off at about 1/3 to 1/2 the insured cost, but one of my mates just told me that they changed the repairable write-off rules so now the threshold is more like 80%. I hope that's not the case...

What state are you in?

NSW. I just checked the regulations:

"A vehicle is a 'total loss' when it's damaged value plus the cost of repairs is greater than its undamaged market value." All write-offs are statutory write-offs and it is illegal to re-register a car after being written off. Looks like I may be out of luck there

Originally Posted by postal

NSW. I just checked the regulations:

"A vehicle is a 'total loss' when it's damaged value plus the cost of repairs is greater than its undamaged market value." All write-offs are statutory write-offs and it is illegal to re-register a car after being written off. Looks like I may be out of luck there

There's a difference between a 'Total Loss' and a 'statutory write-off' though..

Doubt it'd be a writeoff TBH. From my experience: just a replaced front bumper, driver quarter panel, rear quarter panel doesn't look too bad so won't cost much, and a respray for the driver side of the car works out to be around 7-8k with labour roughly (****ing truck drivers).

Originally Posted by DeclanM3

There's a difference between a 'Total Loss' and a 'statutory write-off' though..

They changed the law in Jan '11 in NSW. A write-off MUST be scrapped and can't ever be re-registered anywhere in Aus, so I think it is the same as a total-loss. The idea is to clamp down on rebirthing. There are exceptions for old/classic/rare/significant cars

I would have gone postal on my mate if he did that to my car.

Not sure if just making a joke at OP's name, but why?
Doesn't sound like it was his fault and it's not worth losing a friend over a material possession, especially one that's insured. It's not like he drifted it into a lamp post.

Repair cost estimate: $5k-7k depending on what sort of bodyshop you take it to
Voted: won't be written off

Originally Posted by Jall

Not sure if just making a joke at OP's name, but why?
Doesn't sound like it was his fault and it's not worth losing a friend over a material possession, especially one that's insured. It's not like he drifted it into a lamp post.

Repair cost estimate: $5k-7k depending on what sort of bodyshop you take it to
Voted: won't be written off

Lose a friend over it lol. No way, it is a lifetime permit to give him **** about it for the rest of his life.

^

Were you in the car?

If not i call BS on the "truck"

Be careful how hard you push for it to be written off. With no proof that there was another party involved in the accident the insurance company might get a little suspicious.

Originally Posted by postal

They changed the law in Jan '11 in NSW. A write-off MUST be scrapped and can't ever be re-registered anywhere in Aus, so I think it is the same as a total-loss. The idea is to clamp down on rebirthing. There are exceptions for old/classic/rare/significant cars

^This.

Had my '99 740iL written off last Dec. Got rear ended by a bus, and while the car was *perfectly* driveable (drove it home and took the other car to work), I got a quote for $16K just in panels alone, minus painting and labour. The bumper/beaver panel, rear offside light cluster, various bits of trim, battery, boot floor, all needed repair/replacement as well as a buckled C pillar. PDC sensors are a few hundred each from BMW. Mine was a bit worse than yours but I reckon you'd be looking at $10-12K all up.

Sorry to hear about that. Looking into any CCTV in the area? Would've thought Foreshore rd might have some cameras mounted high up near the Port entries/exits.