
Hi, i bought a hyundai i10 6 months ago - in an effort to be kind to the planet...well, it turns out, the planet wasn't too kind to me... in just 6 months, 2 people have crashed into me - the last one being a bus!! The car is a 171 reg, and now, after the crash the whole left hand side is damaged and both doors will have to be replaced, it is in excess of 4k. I paid 13, 950 for the car. The insurance company from the other side have offered to settle...how much do you think i should factor in for depreciation - given that this is now a crashed car if i want to sell it on - which i do!!!!
Hi Michelle,
This is very difficult to assess. Typically, 171 Hyundai i10s are worth €11,000 to €14,000, but as you paid €13,950 for it then it would be worth more like €12,500-€13,000 now – if in perfect condition and with not many miles added to it. However, if it currently requires €4,000+ of repairs, then you have to take at least that amount off your value… and possibly a bit more, because buyers are not going to want the hassle of having to get a car fixed. Realistically, you’re probably looking at €7,000-€7,500 for it, absolute maximum, so it might be best to bite the bullet, have it fixed and then sell it once the work is completed.

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