Thread: How do they value my car?

I went BR on Thurs and spoke to the OR on fri - have a telephone interview on 24th March. She said I should be able to keep the car if it is valued below £2k as it is needed for work.
I was just wondering what price they would value it at as when you go on websites it gives a price for trade, private, part ex ect - value for private exceeds the £2k so I am worried we might lose it.

mostly they use www.parkers.co.uk and use the private poor figure unless it is very new

thanks for that - private poor comes in at £1415 so should be ok I hope

Yes, as far as I am aware they use Parkers. Any vehicle less than £2 is absolutely fine to keep in bankruptcy. x

Originally Posted by loobyloo85

Yes, as far as I am aware they use Parkers. Any vehicle less than £2 is absolutely fine to keep in bankruptcy. x

you might not want to drive it though

sorry loobyloo, but it had to be said

Originally Posted by debtinfo

you might not want to drive it though

sorry loobyloo, but it had to be said

:grin:

Couldn't help laughing at that!

lol, agreed