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[w3526602]

Hi,

I'm guessing that at least some of our readers are aware that insurance companies "load" premiums for brand new cars (or is it cars that are less than one year old?)

Their argument is that any damage to a new car automatically entitles you to a new replacement.

1. I wonder if your "economic write-off" returns to the market with that information recorded on the V5?

2. Does the second year premium reduce, in recognition of the car no longer being "new"?

OT. Way back in the 1950s, it was reputed that "somebody" was desperate to buy TR2 log-books. The story was that a car transporter lorry, carrying a load of unregistered sports cars, was involved in an accident. The entire load of unregistered cars had to be written off, despite being undamaged.

True story? Dunno!

602

PS ... In a similar vein, a mate was offered £5 notes for £1 each.

Strange? Probably ... until the Great Train Robbery took place .....