What kind of damage we buy
mirkaafenaerenauto.lu buys all kinds of damaged vehicles: accident damage (front, rear, side), engine failures (turbo, pistons, timing chain), gearbox damage (DSG, automatic, clutch), hail and water damage, fire damage (if the structure is still exploitable), total losses after expert assessment, and recovered stolen vehicles. The condition does not have to be pretty, it just has to be documentable.
For the purchase we need the expert report (yours or the insurer's), the vehicle registration documents, your ID and, if available, the correspondence with the insurer. If something is missing we either help you obtain it or start with a preliminary assessment until the paperwork is complete.
Not every case is suitable for assignment. In cases with clearly contested fault, with a final insurance refusal already issued, or with unclear ownership situations (running loan, unresolved estate, joint ownership), we say no to the assignment openly. In these cases the purchase can still be done as a regular sale at residual value, but without assignment.
How the insurance assignment works
Insurance assignment is a legally valid instrument regulated by Articles 1689 ff. of the Luxembourg Civil Code. The injured party transfers its claims against the opposing insurer to a third party (here: mirkaafenaerenauto.lu), which from that moment on communicates with the insurer on their behalf.
Your benefit: you get the agreed sum immediately, independently of how long the settlement takes. Whether the insurer needs 14 days or 6 months, whether they contest the residual value or the damage amount, it is no longer your problem after you sign.
Our benefit: we understand the process, we have the network for recycling or repair, and we can often push the damage amount more effectively than a private seller in a direct conversation with a claims handler. This is why we can often offer a better overall price than a bare residual-value exchange bid.
Why the insurer's residual-value bid is often too low
Most insurers determine the residual value of your vehicle through so-called residual-value exchanges: online platforms where dealers bid blind, based on photos and the expert report. The bids are often conservative because the bidding dealers have not seen the vehicle in person and price in uncertainty.
Another point: residual-value exchanges are structurally in the insurer's interest, not the insured's. The lower the established residual value, the more the insurer has to compensate in the replacement-value calculation, but the net result is not always in favour of the injured party.
Important: you are not legally obliged to accept the residual-value bid. The injured party has the right to seek a better price on the general market. 14-day deadlines for accepting a residual offer are a tactic, not a legal constraint.
Cross-border accidents: Luxembourg plus Germany, France or Belgium
One of our specialities: cross-border commuters from Germany, France or Belgium who had an accident in Luxembourg. Two insurance-law systems meet here: the Luxembourg liability law for the accident itself, and the foreign insurance law for your contract.
We handle these cases regularly. The assignment declaration is issued in both relevant languages. We communicate with both insurance companies and settle the damage amount on whichever legal basis is more favourable.
Specifics for Belgium: Car-Pass is mandatory at sale. Specifics for France: the carte grise must be presented with coupon détachable and certificat de situation administrative. Specifics for Germany: Zulassungsbescheinigung Teil I and II are required, de-registration we handle by proxy.
What you concretely get from mirkaafenaerenauto.lu
First: a firm valuation usually within 24 hours of receiving the paperwork (expert report, photos, vehicle data). We give you a clear number, not a vague range.
Second: a written purchase contract with assignment declaration, fixing all details. Signing takes place at our Bertrange or Roost branch, or on request at an on-site pickup.
Third: payment by SEPA bank transfer, usually on the same working day as contract signing. Jehad Issa (co-manager and treasurer of MKAA sàrl) oversees the payouts personally.
Fourth: full takeover of all insurer communication. After you sign, you do nothing more.
Fifth: de-registration with the SNCA or the foreign authority, including confirmations.