£300,000 cost of supercar crash to insurer | FerrariChat

£300,000 cost of supercar crash to insurer

Discussion in 'United Kingdom' started by 360stimo, Mar 25, 2010.

This site may earn a commission from merchant affiliate links, including eBay, Amazon, Skimlinks, and others.

  1. 360stimo

    360stimo Formula 3 BANNED

    Joined:
    Aug 23, 2005
    Messages:
    1,302
  2. Fan512bbi

    Fan512bbi Two Time F1 World Champ BANNED

    Joined:
    Mar 25, 2004
    Messages:
    20,938
    Location:
    Wales-UK
    Full Name:
    Steve.
  3. NeuroBeaker

    NeuroBeaker Advising Moderator Moderator

    Joined:
    Oct 1, 2008
    Messages:
    40,012
    Location:
    Huntsville, AL., USA
    Full Name:
    Andrew
    So... do you think the test driver will buy the car? :D
     
  4. Napolis

    Napolis Three Time F1 World Champ Honorary Owner

    Joined:
    Oct 23, 2002
    Messages:
    32,118
    Full Name:
    Jim Glickenhaus
  5. NeuroBeaker

    NeuroBeaker Advising Moderator Moderator

    Joined:
    Oct 1, 2008
    Messages:
    40,012
    Location:
    Huntsville, AL., USA
    Full Name:
    Andrew
  6. Napolis

    Napolis Three Time F1 World Champ Honorary Owner

    Joined:
    Oct 23, 2002
    Messages:
    32,118
    Full Name:
    Jim Glickenhaus
    It will be interesting to see...
     
  7. sambomydog

    sambomydog Guest

    Joined:
    May 23, 2009
    Messages:
    1,380
  8. amenasce

    amenasce Three Time F1 World Champ Silver Subscribed

    Joined:
    Oct 17, 2001
    Messages:
    34,432
    Full Name:
    Joe Mansion
    A C12S didnt cost 500k pounds to buy when new. They were around $350k.

    How can the damage be more than the price of the new car ? Wouldn't the insurance company write the car off and write him a check of market value?
     
  9. Napolis

    Napolis Three Time F1 World Champ Honorary Owner

    Joined:
    Oct 23, 2002
    Messages:
    32,118
    Full Name:
    Jim Glickenhaus
  10. sambomydog

    sambomydog Guest

    Joined:
    May 23, 2009
    Messages:
    1,380
    I have no idea.
     
  11. 8-Ball

    8-Ball Formula Junior

    Joined:
    Sep 16, 2006
    Messages:
    933
    Location:
    Sussex
    Full Name:
    Adam
    They're quoting UK pounds though, at current rates $350k = £500k +/-. I've no idea whether that is anymore accurate though.

    Might they pay to repair the car if it's no longer made?

    It would be unfortunate for Sir Jackie if it was!

    In other news; Steve Sutcliffe (Autocar) mentions it was a colleague from another car magazine.

    Edit: Link --> http://www.autocar.co.uk/blogs/anythinggoes/archive/2010/03/25/the-most-expensive-crashes-in-history.aspx
     
    Last edited: Mar 25, 2010
  12. Stewart 430 Scud

    Stewart 430 Scud Formula Junior

    Joined:
    Apr 27, 2009
    Messages:
    440
    Location:
    London
    Full Name:
    Stewart
    Yes it is
     
  13. Simon

    Simon Moderator Moderator Owner

    Joined:
    Aug 29, 2003
    Messages:
    6,876
    Location:
    Switzerland
    Full Name:
    Simon
    Other way around. $500,000=£350,000

     
  14. 8-Ball

    8-Ball Formula Junior

    Joined:
    Sep 16, 2006
    Messages:
    933
    Location:
    Sussex
    Full Name:
    Adam
    Opps. My mistake.
     

Share This Page