A Guide On Insurance Write-Off Cars

The write-off is one important factor to look upon if used cars are your cup of tea. If you think that write-off is a status given to vehicles involved in accidents and completely scrapped, you must know more about the write-off and its categories. Some vehicles can be repaired and driven on the UK’s roads legally even after the written-off status. Here is a complete guide that reveals to you what insurance write-off is and how to identify a written-off vehicle while buying a used vehicle.

What makes your car written-off?

There are many reasons that cause your car to be written-off. If your vehicle has reached its lifetime or meets with any nasty road accidents, it will be declared as written-off by the insurance company. Not all the written-off vehicles are roadworthy, but some of them can be fixed and can be driven on the roads legally. Also, it is important to inform the DVLA about the write-off. Else it will be penalized.

If the cost of repairing the used vehicle exceeds the vale, the insurer decides to keep the vehicle himself and pay the resale value. A vehicle write-off check provides you with the categories under which the written-off vehicle is classified, and according to the classification, you can decide whether to buy the used vehicle or not.

What happens if your vehicle is on finance and written-off?

It is a very rare case and a complicated one. If you claim your written-off vehicle, then the insurer will pay off the vehicle’s resale value according to the damage it tolerated. However, only you are going to meet the finance on the vehicle and have to pay out of your pocket. So it is a must to inform the insurance company as well as the finance company once the vehicle is declared written-off so that you will get to know what are the other options available to lower your finance and interest rate on the written-off vehicle.

Is it a smart deal to buy a written-off vehicle?

It is an appealing offer if you are looking for a cheap deal to buy a used car. However, it is important to check car details and the category of written off of the vehicle. There is no gain in getting a scrapped vehicle or a vehicle just because it comes at a discount rate. Make sure you run a full vehicle check to know the vehicle’s complete details apart from write-off; there are so many crucial checks such as outstanding finance on the vehicle, resale value, police stolen history, and other performance-related information about the used vehicle.

After all the screening, if you are going to buy a written-off used car, get your hands on either category N or category S write-off, which are least damaged compared to others. Category N vehicle is much better as they didn’t involve much damage to the engine or other parts. Also, ensure the cost of fixing the written-off vehicle is less than the car’s resale value.

Can I get a car write-off to check free?

Most probably, no vehicle checking service provides insurance written-off check for free as it falls under a premium service. But some dodgy persons claim for a free write-off check but may not provide you with all the needed information, so don’t fall for such scams. Car analytics provides the complete car history check for less than ten pounds 10 pounds (£.8.95). It covers not only the write-off check but the entire history of the used vehicle making the purchase a little easy.

There are so many misconceptions about the write-off status and its categories. Running full vehicle heck will help you clarify the doubts about it and make the used car purchase a happy one.