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Hi there Dominic.
I would reckon on a cost between £150 - £300 for the repair (including all the bits & paintwork).
I don't know if its compromised the structural integrity of the chassis (or if the sharp edges pose a risk to passers by), which I think is the main criteria.
Regarding doing some of the work yourself? Well, anything's possible, but filling would occur between welding and painting, so unless you were doing either of those tasks as well, you'd just be moving the car around, getting moisture and contamination into the repair.
I would either bite the bullet, and pay the repair, or get shot off the car - there's no point in hanging around, as the repair will just get bigger.
There is a lesson to be learned, but I'm sure you wouldn't repeat this error in future.
Hope that helps.
This job should never be complete - the day I think I've done it all, is the day I resign.
Currently in VelSatisfied's garage:
2005 FIAT Ducato 2.8JTD LWB Gran Volume, 2000 Kawasaki ZZR 1100 D7 'fullpower' in black + full GIVI & KAPPA luggage, 2007 MB R-Class 320 CDi Sport LWB uprated by Brabus to 300Bhp don't know if there's a 155mph limiter - will be fun finding out! 2004 Mercedes Vaneo 1.7 CDi Ambiente 7-seater