Lotus Elan S2 Total Loss Category N (SOLD)

[lotusles]

All, this is a case of a claim that has gone wrong.
If a garage estimated to repair the vehicle for £x then that would have been the contract with the insurer. If the garage could not estimate because new or replacement parts were not available, and the vehicle was clearly repairable, then the insurer has to offer the last known list price of the non available part.
Therefore assuming the estimate was genuine and the vehicle could be repaired at that cost to reinstate the vehicle to its pre accident condition and will be insurable again, and the repair costs were less than, equal to or more than the pre accident or agreed value then repairs must commence. Where repairs are more than the PAV then a discussion should have taken place with the owner to determine the outcome.
Dont forget that a brand new car will lose circa 25% when it leaves the forecourt, so if you have an accident with a .vehicle replacement policy or GAP insurance, that repairs could easily be quite high and the total loss value will lot met the new vehicle cost if you have finance

[Rambo]

Who got the car in the end ?.

I have a good idea

[alan e]

Who got the car in the end ?.

I have a good idea

Starts with A and ends with 6 ?

[LRS7]

[Rambo]

Hopefully we won't be seeing too many turquoise parts on EBay in the near future

[apollo996]

Yes I did buy it in the end so its SOLD. I wasn't the top bidder or I think even the second, however. The seller advised me he was let down by the highest bidder and knew I wouldn't mess him about so I got it in the end. Definitely not a parts car and I will be getting it back on the road. I will add pictures elsewhere on here when its completed.

[Taco_Sieburgh]

From my side I like to confirm that the car was sold. I like to thank everyone for their interest and comments.

In the end I had four bids. The highest bidder, a member here, when I called him that I was willing to sell to him, contacted me after a day saying that he had changed his mind. Apollo had said he could arrive with a trailer pretty much a few days later. So despite his bid being the third (by £40), I went for it, not in the least his assurances he could fix the car, and backing that up by accepting to sign an extra contractual clause that a very substantive extra payment will be due to me if not back on the road in a year. From my conversations not really needed, but it was satisfactory to me.

He did acknowledge he had broken up an old Lotus SE, which could not be repaired, but clearly had repaired many others. I do have to say that I think it is easy to criticise someone for breaking up a car, but in reality we all need the spare parts. So those who criticise should never buy a spare part.

When looking at the car more in depth he actually realised that the repairs would not be as difficult as some of you described, while possibly also able to do in a cost effective manner.

I am sure he will do a good job and like to thank him

Again also many thanks all others, who called me, who I had very pleasant phone conversations with, who send over messages via the forum. You all are GRRRRRREEAT

[tb10]

So much for the Dutch auction..........it turned out to be a Saudi World Cup / Michel Platini bidding process....!

[Taco_Sieburgh]

Witty....but rather insulting. No need for that.

I know your bid was less than Apollo, so not sure what you are referring to. Sour grapes??

Apollo bid less than someone else, who then dropped out. I have been polite about the person dropping out, but of course to some extent … please do not send me a text message with a price you are willing to pay, just to have me a chase up over the phone two days later, and hearing "I have changed my mind". You could even argue that the text message was legally bidding....but that is talk for the lawyers and not so relevant.

Apollo bid £40 less than the second bid, but Apollo had already said before the bid he could pick up immediately and pay immediately, which that other bidder had told me would need to be organised.

[apollo996]

Just back from the paint shop

[John_W]

Well done! Looks nice. Is it Medina Green or Aqua Blue.
And how much work and time was involved in getting it back to health? Is it MOT’d?

[apollo996]

Its in the project (minor) section of the forum.

[clemo]

Always good to see a car come back round to its former glory
Nice one apollo