100% not my fault, cost of repairs $9K exceeds value of car; can I just get at fault party insurance to write a cheque ?
Whilst I had no intention of getting a new car this financial year. My car was hit this week and what looked like moderate damages quote is $9K. More than the trade-in value and about what I would have received on the private resale market prior to the damages, which now I won't now since I would need to admit the car had been in an accident.
100% not my fault, at fault driver panicked after cutting the corner and hit the accelerator not the brake…and ended up on the wrong side of the road into the front right of my car.
Whilst not looking to cheat anyone, but just get the best deal I can from a bad situation, I am now thinking of bringing forward a new car purchase. Any advice as what I should do/say to the at-fault party insurance company (Bingle). Do I get them to cut me a cheque for the repair cost then I sell the damaged car.