What does it mean???

[Nutty]

As someone said, it would be good for other forum members to know who your insurance company is, so that we know who to avoid.

 

[dinku]

Got a new revised figure of £3500 more than the previous figure. And they were also saying that the previous figure was ridiculous!!!!

 

[Blackal]

The notion that the dealer's profit is not reimbursable in their offer is much the same as VAT...........

Second-hand prices are based upon the OTR price of the original bike, in respect to a bike that is that new.

If they don't want to pay what it will cost you to replace - ask them to replace with a bike of similar condition (stating the max age and mileage that you are prepared to entertain)

Al

 

[Nice 'n' Fat]

GPWM

 

[dinku]

The notion that the dealer's profit is not reimbursable in their offer is much the same as VAT...........

Second-hand prices are based upon the OTR price of the original bike, in respect to a bike that is that new.

If they don't want to pay what it will cost you to replace - ask them to replace with a bike of similar condition (stating the max age and mileage that you are prepared to entertain)

Al

I think this is exactly what they were saying ie the dealers profit not reimbursed or something to those lines. But I believe they should actually give the OTR Price of a bike that is as old as mine.

 

[StevieB]

Got a new revised figure of £3500 more than the previous figure. And they were also saying that the previous figure was ridiculous!!!!

So I would class that as their first offer, reject and send them a sale order form from your dealer with cost of replacement bike including extras that were fitted to yours, bike chain etc. Be nice, firm and calm, you will get there

 

[dinku]

So I would class that as their first offer, reject and send them a sale order form from your dealer with cost of replacement bike including extras that were fitted to yours, bike chain etc. Be nice, firm and calm, you will get there

I have rejected their offer. And also sent them the dealer invoice and different quotes of bikes of similar specs which are for sale for more than their valuation. Fingers crossed I will get an offer which is reflective of the true value of the bike when it was stolen.

 

[StevieB]

I know this may sound pointless, but ensure you resend the evidence/reasoning for rejecting the offer, i.e the quotes sales order form, clearly evidencing why that offer is not suitable

 

[dinku]

I know this may sound pointless, but ensure you resend the evidence/reasoning for rejecting the offer, i.e the quotes sales order form, clearly evidencing why that offer is not suitable

Ok thanks I will do it tonight.

 

[Deleted account Aberdeen GS]

Disagree, If I bought a bike new to me three years ago, I could not expect a new model as replacement. It needs to be like for like although I accept in this situation they may as well buy a new one. However I suspect a pre-reg del miles would be the closest if one could be found

OP said ;

As you all know that my brand new GS was stolen end of Jan.

 

[Tractors are go]

A start !

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