Nice E55 AMG

[Pittsey]

http://cgi.ebay.co.uk/ws/eBayISAPI.dll?ViewItem&item=4605564200&fromMakeTrack=true


But what effect would said "Insurance Fraud" have on the value? Would it be recorded?

 

[imadoofus]

If it's HPI clear, then none, I'd suggest.

PJ

 

[Vips]

its definately a repellant though!! Bidders are staying away as no one is willing to bid.

 

[uumode]

http://cgi.ebay.co.uk/ws/eBayISAPI.dll?ViewItem&item=4605564200&fromMakeTrack=true


But what effect would said "Insurance Fraud" have on the value? Would it be recorded?

Would be interesting to find out.

If databases are blind, then I would speculate that the number plate only is recorded as a fraud incident, and not the owner (guess) so any new owner would carry any burden of this record.

However in all the insurance quotes I've had, I've never been asked has the car been subject to insurance fraud so I assume it's not one of the criteria insurance companies base their premiums on?

 

[imadoofus]

As some of you know, my missus is a lawyer. She specialises in insurance fraud. I sent her an email, and this is the reply (minus the bits about the blummen shoppin I've got to do, and the flooring for the kitchen).

Normally insurers keep a record of every claim made, so they can do a search against a vehicle, and find out it was involved in previous accidents, but the record does not show it was a fraudulent claim. Nor do insurers tend to retain a car which has been involved in a fraud claim, they just don't pay out on it.

an HPI check should show if it has ever been recorded as a total loss accident, or a theft.

I would ask seller whose lock up and why? was it a police compound because the case had actually got as far as criminal courts? or was it someone's garage, and if so, I would question why it was being hidden away?

There is no public record of the fraud suspicion. We normally have to contact the insurers concerned, and then have to tip toe round the Data Protection Act

I wouldn't touch this car with a barge pole

£50 please

xxx

Who's paying?

PJ

PS:

I wouldn't touch this car with a barge pole

Apparently she's not just saying that because it's silver....

 

[Shude]

Bargain!

Buy, do not fill in V5. Take all parts off it, take chassis to scrap yard with V5 where the chassis is crushed and the DVLA record it as "scrapped".

*GONE*

Parts sold for healthy profit.

 

[andyw]

Who's paying?

Tell her to take it off what she's paying you to do the kitchen flooring

 

[Tbmeech]

"Was subject to an insurance fraud 3 years ago and has been in lock-up since. The car was not damaged or stolen."

If thats the case, then how come the car has got an mot expiry of april 2006?? sounds a bit dodgy imo

 

[uumode]

Maybe what they are saying it's been reported stolen and money paid out,
and the 'stolen' car has been in this lock up since (hidden from sight, status = stolen and daren't show it in daylight)

.. it doesn't exist...


Pssst.. wanna buy a E55?

 

[jeremytaylor]

Now I wonder why he had to relist it ???

 

[glojo]

As some of you know, my missus is a lawyer. She specialises in insurance fraud. I sent her an email, and this is the reply (minus the bits about the blummen shoppin I've got to do, and the flooring for the kitchen).



Who's paying?

PJ

PS:Apparently she's not just saying that because it's silver....

Now I'm curious. If the car was allegedly stolen and the insurance company paid out, then surely the car becomes the property of the insurance company who would then dispose of it?

If there was an ongoing court case then the car could not be sold?

No court case or civil action then no worries and no alleged fraud??

These are my thoughts and NOT opinions and I would be grateful for any observations.

John

 

[mobeyone]

and survey says...... (drum roll please)

STAY AWAY!!!!

Not worth it - way too many questions posted and no one has even seen or driven the car yet.

just my 10bobs worth.

 

[imadoofus]

John,

Point 1: Yes, the car would belong to the insurance company. It could have been sold on by them of course, but if so, why didn't the seller just say it was stolen recovered?

Point 2: If there had been an ongoing court case, the car would potentially be evidence, and could be held by the court. If that case had now been closed, then the car could well have been returned to the owner, or sold to recover fines etc.

Point 3: Not strictly true. There could be an alleged fraud without a court case, but again, why did the seller make it sound so bad?

As the wife was saying, there's more to it than meets the eye, and something doesn't smell right....

PJ

 

[glojo]

As the wife was saying, there's more to it than meets the eye, and something doesn't smell right....

PJ

Hi PJ,
Thank you very much indeed for the prompt and informative answer.

Of course without a court case there is no guilt, but there is NO way I would part with my hard earnt pfennings.

Thanks again,
John