My daughter has fully comp insurance on her car, a 2003 Peugeot 206. Although old, it was in excellent all-round pre-accident condition. She was at fault in a minor shunt and although her car is driveable, the repair cost makes it an uneconomical repair. She has asked the insurance company if she can keep the car. They have agreed to settle with the third party and have agreed to my daughter keeping her damaged vehicle, but have made no financial offer. I believe they should offer her a payment based on the pre-accident market value of the vehicle and, if she were to retain the vehicle, to adjust the settlement figure in line with the salvage value of the vehicle. My figures would suggest pre-accident value at around £550, minus the salvage value of £125.