Just a couple of questions regarding our car. Its owned outright and if I had to value it, in all honesty I would say £2500. I know that is a coincidence, but I have just looked on Exchange & Mart and Autotraders websites to try and value my car and I'm sort of spot on. Most have their cars on there for about £2700. I'm guessing that when knocked/haggled down this would be about £2500. Mine needs a couple of jobs doing on it which would lower the price, however it also has a twin sunroof which would then higher the price making it about even.
How does the OR value your car?
If they value it over £2500 then I understand that if I am allowed to keep it (I think they will due to my shift work and young family), then I can pay the difference over the £2500. How long do I have to raise these funds? I would need at least two months to raise say £500.
The car is borderline whether you will be allowed to keep it or not. I have seen cars taken for this amount and left - so there is no real consistency. to stand the best chance of being allowed to keep it, make sure the OR knows of your need to have a reliable car to get to and from the airport, which cannot break down if you are driving on your own during the early hours - from a personal safety point of view.
For an informal chat about any financial difficulties, or advice as to the options available, I can be contacted via my website - www.melaniegiles.com