Hi. My wife is thinking of going BR in New Year. She has a car which she needs for work and am wondering how much they will value the car at. I looked on Parkers price guide site but there was many prices too choose from - Dealer price, P/X price, Private price. Which one should we use. I know you are allowed £2000 for a car but our car car value may over that so my Mother in law has offered to pay any money needed to keep it. Many thanks Dave
The figure used is the dealer/part ex figure which is lower than private sale ie it is what a dealer would give you for the vehicle
Melanie Nicholas 28 years insolvency experience - 23 of which in the Insolvency Service - Insolvency Manager Jones Giles email me at melanienicholas@jonesgiles.co.uk
if the car is valued at over £2000 as a trade sale valuation depending on the OR he may allow up to £2500 but whatever the amount over the £2000/£2500 figure , if you have someone who is willing to buy the interest in the car and pay the OR it is most likely he will accept it, and if you want to be cheeky you can almost bargain with him as he would have to pay recovery fees to remove the car and auction sales fees, so you would be saving him that.
Dave
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Car prices which one
Posted - 25 November 2009 : 21:25:39
