I had a truly minor hit on the side of my old car (1994 model), just a scratch on one side of the back door occurred during a parking manoeuvre.
The person responsible for the damage was kind enough to inform his insurance company (AAMI) to go through the repairing process.
It seems that the repair is going to cost more than the value of the car (not a surprise!), so there is a fair chance the vehicle will be written off (well, so I have been told at the repairing centre). Since I’m quite new on the legislation here, I’m wondering what’s the next steep, and more importantly which are my rights.
1) The damage is just cosmetic, and it doesn’t impact the safety nor the functionality of the vehicle. Does the car really need to be written off?
2) Assuming that’s the case, what’s gonna happen to my car? I guess I will receive the money corresponding to the value of the car, but will the insurance company keep the vehicle? It’s old, but well maintained and works like a charm, so I don’t want to look for another car which will cost me much more!
3) If I’ll be returned the vehicle, can I register it again, and how much will it cost?
4) Can I just walk away from the entire thing, and keep the car as it is (i.e. with only a minor scratch)?
Thanks in advance for your advice!