I can assure you that the car isn't replaced with fully comp insurance, you'll be lucky to get anywhere near what you paid for it as I found out when I wrote off my car!
Unless the car is written off or it is stolen, it is irrelevant anyway.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
we got full market value which is nowhere near what we owe on the car we were sold PPI & not even offered gap insurance (that makes loads of sence)
so the money we got for car has gone to the fiance company who will not refinance a new car with us (seams really fair as we have never missed a payment)
Gap insurance is excellent, we had it with our last car (sadly expired now though - the insurance, not the car!)
Markyb - apologies, I've just re read the whole thread properly and it's all fallen into place.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk