Author Topic: VERY BAD NEWS  (Read 44163 times)

Offline jmspear

  • Not said much yet
  • **
  • Posts: 26
Re: VERY BAD NEWS
« Reply #120 on: 19 May 2011, 12:28 »
Key to this tale will be if it is marked on the insurance register as stolen recovered, IF it is then you need to pursue your insurance for diminuation of value as that alone will make it almost impossible to trade in (to a VW dealer) and hard to sell on privately and will lead to prob 20% less value than an equivalent car. This will be down to your insurance company as to whether the record it or not, so a conversation needs to be had with them recorded = claim for 20% of value as loss of value due to recording as stolen recovered.

Plus I would want to understand that "major incident" IF it involved a high speed car chase then I wouldn't want the car back due to potential future engine problems, get the garage to run a diagnosis on the ECU and look for number of rev limiter bounces / cut outs, this will tell you if the thrashed the engine to within a inch of its life. No other way than an interrogtaion of the ECU, your VW dealer will be able to do this, or someone with  VCDS. HTH's John

Offline R32UK

  • Forum addict
  • *
  • Posts: 5,683
Re: VERY BAD NEWS
« Reply #121 on: 19 May 2011, 12:49 »
agree with all of the above....


but isnt the the rev limiter there to protect the engine?? no matter how hard the car has been driven, providing it hasnt been kerbed (so any structural damage) has occured I wouldnt really worry about it. I often thrash my car to within an inch of its life... thats whats it for!!  :evil:

Offline Egbutt Wash

  • I live here
  • *****
  • Posts: 1,094
Re: VERY BAD NEWS
« Reply #122 on: 19 May 2011, 13:25 »
That is only true if you have an automatic.
Any idiot can change down to second at maximum revs in third and drop the clutch.
That is what used to damage Porsche 996 engines.  It was always the manual ones that had the oil seal problem.
Currently digging a bunker.

Offline R32UK

  • Forum addict
  • *
  • Posts: 5,683
Re: VERY BAD NEWS
« Reply #123 on: 19 May 2011, 14:10 »
That is only true if you have an automatic.
Any idiot can change down to second at maximum revs in third and drop the clutch.
That is what used to damage Porsche 996 engines.  It was always the manual ones that had the oil seal problem.


yes.. because the topice of conversation here is 996 porsches  :rolleyes:

try driving in 6th at 70mph and dropping down into second and see what happens... dumba$$

Offline simonpolly

  • I live here
  • *****
  • Posts: 1,383
Re: VERY BAD NEWS
« Reply #124 on: 19 May 2011, 16:03 »
Key to this tale will be if it is marked on the insurance register as stolen recovered, IF it is then you need to pursue your insurance for diminuation of value as that alone will make it almost impossible to trade in (to a VW dealer) and hard to sell on privately and will lead to prob 20% less value than an equivalent car. This will be down to your insurance company as to whether the record it or not, so a conversation needs to be had with them recorded = claim for 20% of value as loss of value due to recording as stolen recovered.

Plus I would want to understand that "major incident" IF it involved a high speed car chase then I wouldn't want the car back due to potential future engine problems, get the garage to run a diagnosis on the ECU and look for number of rev limiter bounces / cut outs, this will tell you if the thrashed the engine to within a inch of its life. No other way than an interrogtaion of the ECU, your VW dealer will be able to do this, or someone with  VCDS. HTH's John

How do i get the insurance company to remove any markers ?,i have spoke to my local vw dealer who said it was marked as stolen but now its marked as something else :undecided:,.Will they compensate me for loss of value ?
Golfgti build quality is average at best.

Jimmymature

  • Guest
Re: VERY BAD NEWS
« Reply #125 on: 19 May 2011, 18:03 »
Key to this tale will be if it is marked on the insurance register as stolen recovered, IF it is then you need to pursue your insurance for diminuation of value as that alone will make it almost impossible to trade in (to a VW dealer) and hard to sell on privately and will lead to prob 20% less value than an equivalent car. This will be down to your insurance company as to whether the record it or not, so a conversation needs to be had with them recorded = claim for 20% of value as loss of value due to recording as stolen recovered.

Plus I would want to understand that "major incident" IF it involved a high speed car chase then I wouldn't want the car back due to potential future engine problems, get the garage to run a diagnosis on the ECU and look for number of rev limiter bounces / cut outs, this will tell you if the thrashed the engine to within a inch of its life. No other way than an interrogtaion of the ECU, your VW dealer will be able to do this, or someone with  VCDS. HTH's John

How do i get the insurance company to remove any markers ?,i have spoke to my local vw dealer who said it was marked as stolen but now its marked as something else :undecided:,.Will they compensate me for loss of value ?

I'd get straight onto the insurance company mate, if it's marked as stolen recovered then the used car value will be impacted for sure  :angry:


Jim

Offline am1w

  • Serious forum addict
  • *
  • Posts: 9,544
Re: VERY BAD NEWS
« Reply #126 on: 19 May 2011, 18:52 »
Simon, I am sorry to see this nightmare continues for you.  :sad:
I hope you can come to a satisfactory arrangement with your Insurance Company.
RED TORNADO 7R, 5 DR, DSG, DCC, DNS, DYNAUDIO, KI, WP, HBA, LN, SP

Jimmymature

  • Guest
Re: VERY BAD NEWS
« Reply #127 on: 19 May 2011, 19:35 »

I've been looking on the web regarding the likely status of your car after it being recovered after it was stolen.  It appears that it will have a permanent flag against it to show that it was stolen recovered.  What the actual flag is depends on the damage if any to the vehicle when it was recovered.

I strongly suggest you ring the insurance company ASAP, to find out what this means for you and do you have an option to refuse the car and take the full insurance claim?

I am shocked that someone 'could' be better off if the car was never recovered!


If it were me I'd be on the phone to them right now.


Good luck met, i really feel for ya.



Jim

Offline GolfTi

  • I live here
  • *****
  • Posts: 1,921
  • ..gotta feel for my automobile..
Re: VERY BAD NEWS
« Reply #128 on: 20 May 2011, 20:13 »
Simon

You keeping it?


Mk7 GTI. DBP, DCC, Winter pack. Mine since new, July 2013.
GTI no. 4. Golf no. 5.  VW no. 7.

Offline simonpolly

  • I live here
  • *****
  • Posts: 1,383
Re: VERY BAD NEWS
« Reply #129 on: 20 May 2011, 21:04 »
Simon

You keeping it?




Maybe,if they try and screw me on the value then i wil keep it and use it as a run around and make sure its used and never left on the drive when no one is home. :angry:
Golfgti build quality is average at best.