View Single Post
Old 24-05-2011, 08:28 PM   #243
UNR8D
FORMER T3 OWNER
 
UNR8D's Avatar
 
Join Date: Jan 2005
Location: Brisbane
Posts: 1,241
Default Re: Would legal venues stop hoons?

on a legal issue here 302xc

If you have a "secured" loan for the vehicle in question, its unable to be crushed as the ownership of that vehicle is with the financier, also the reason why you must have full comp insurance on a financed vehicle, if said vehicle is written off/stolen financier gets first bite of the cherry with insurance then the remainder "if any" is given to the owner of the car.

Cant claim insurance on a car that is being deliberately crushed, and I will tell you after talking with lawyers within the industry you are not likely to see one go through the crusher unless govco wish to pay the finance company the payout figure.
__________________
Mischief.TV

you can sleep in your car, but you cant drift your house...
UNR8D is offline   Reply With Quote