With the way insurance claims go these days a brand new £8k Fiesta can be labelled "beyond economic repair" with just a light bit of damage. Insurance company pays out £7k fixes the Fiesta and sells it on as a CAT C/D minimising their loss. Those economies of scale don't work with a £30k+ car.
Don't believe for a minute that young people are any more likely to have accidents these days or that they can all afford 3-4 year old cars. Most have probably been owned by people who have been driving for years who have had light fender benders and due to the mounting cost of like for like hire replacements, the cost of repair to the other parties £40k+ BMW and the potential of a whiplash (doesn't exist) claim the car has been binned.
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Daily Golf R
Project Peugeot 205 1.6 GTi
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