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Should I write my Megane off?
Hi. my Renault Megane was in accident . how will expensive repair effect it's value or should I Wright it off. no real structure damage bumper headlights ard and airbags. €12500 value €8500 repair bill
Our answer:
Hi Stephen,
The insurance companies often work on a 50 per cent basis – if the repair is more than half the value of the car, it’s not worth doing. Therefore, financially, it doesn’t make sense for you to repair your Megane, as the repairs you state are nearly 70 per cent of its value.
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