Difficult to say without being there and judging the integrity of the other driver and the circumstances at the time.
swmbo did a similar to your antagonist a few years ago and accepted full responsibility in a car park, the other chap was elderly and she told him she would pay whatever it cost, the chap got a quote about £250 istr and forwarded the bill to her and she paid up pronto...the letter of thanks from him that followed was quite moving.
Maybe you let him off a bit lightly, i'm inclined to think you did but you've got something towards the cost and haven't had to involve insurance at all...probably done ok as once people leave the scene and think about it their initial admissions often get changed along with the story, people with swmbo's honour and honesty are few and far between these days.
Zero has a point, did you exchange details or were there any independent witnesses to you not clearing off, i don't supose for a minute he'd try it on but these days you never know.
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