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@BrickMan
Not sure on bikes bit with cars you usually get like for like / new value on cars less than 1 or 2 years old.
Personally I'd be after the like for like nothing more on the basis I'd be footing the difference out of my own pocket for a circumstance bright about by someone else's actions. And that they are likely taking posecission of the old bike
A lot of shops just write bikes off as some slight chance it might come back to them if it cracks in 4 years time (regardless of cause).