Hello my name is ***** ***** I will help you with this.
Was there ever a discussion about who would own the car?
What were the insurance deductions for please?
So the dispute is for the £625 difference or the whole amount?Is he saying because he paid for the vehicle its his?
But did you buy the second vehicle is a result of the insurance proceeds?
Ok - that could be a problem. You said £2000 of a £21,000 car.It was then written off and you had £12,125 as a result and got a new car.
So in short you got £12,125 for a car which you had only paid £2,000 towards, because the insurance paid out. I realise the insurance was in your name but you had only paid 10.5% of that value.
Therefore had it not been for him paying the difference on that car you would not have had the payout of £12,125.
Using that same formula then this means you would be entitled to 10.5% of £12,125.
This is because that is the % you own.
Therefore you would be entitled to £1273.13
Your ex would be entitled to £10,851.87
You could reasonably split insurance costs etc., but sadly you only had a big insurance payout because of your ex's contribution.Can I clarify anything for you about this today please?Alex
Thanks and good luck!