tsoob
Part of things
Posts: 107 
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This has probably been rehashed 5000 times...
I'm looking to sell my wee K11 Micra banger (Not on here, i'll take it to eBay or GumTree because it's not retrocool, its only redeeming feature is that it doesn't use any petrol and it doesn't break down, ever.)
I just found out it's a Cat D. Turns out it was love tapped in the bum in 2005 (It's a 2003 model), so any lingering dodgy-repair problems would have surfaced 10 years ago, really.
Should I re-think my ~£500 asking price because of this? Does Cat-D affect cars that are worth £600 in concourse condition?
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Last Edit: Apr 4, 2016 15:51:12 GMT by tsoob
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Sold a 206 that I didn't know was a cat C, I'd never hpi checked it because it was a cheap car. Couple agreed to buy but wanted to insure and hpi, we agreed a fair price then they came back saying it was a cat C years ago but still paid asking price because they were happy with car
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markbognor
South East
 
Posts: 9,970
Club RR Member Number: 56
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Cat D bangersmarkbognor
@markbognor
Club Retro Rides Member 56
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Join up the Micra sports club fb page, or link the add and I'll stick it up on there. Is it a 1.3 or a 1.0?
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BT
Posted a lot
Posts: 1,772
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I wouldn't have said so.
I bought a zetec s fiesta many years ago, it was a 2000 model in the imperial blue. Loved that colour. The car was super cheap at the time, from memory it was around £600 with other cheap examples at around about £1000.
For some reason I ran a check on it, don't know why because it was only £600 or so, probably just to check it wasn't nicked or a logbook loan out against it. Anyway it came back at Cat C and I told the guy who seemed to be unaware, or very good at lying.
We went back and forth and I made him an offer, at the most it was £100 less than asking price which I would say is nothing excessive for haggling at that kind of price range.
Would I buy another car C/D in that price range? certainly. Do I think it effects prices of sub £1000 cars, probably not.
Wack it up at the same rate you was going to sell it for before you found out. Personally in my mind it make no difference at all.
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catc and d write off affect values more on newer cars, but at £500 if its tested and running well its gonna be worth the same cat d or not as its been repaired.
main reason they are worth less is because insurance companies wont pay out at full value if previously its been a write off but at £500 less £100-300 excess you would throw it away rather than claim anyway
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paul99
Part of things
Posts: 417
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Wouldn't affect the asking price at that level, but I would
a) be honest in your ad (saves possible trouble later)
b) be concerned what damage has made a 2 year old vehicle BER.
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colnerov
Posted a lot
Posts: 2,879
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Hi, I would guess that it could be light fire damage that wrote it off, insurance companies always write fire damaged cars off. Some years ago we bought a Fiesta that someone had nicked and tried to torch, they put a lighted rag on the passenger seat shut the door and walked away. It went out because of lack of Oxygen but left a hole in the seat. We stripped all the interior out steam cleaned and scrubbed it to get rid of the smell and fitted another interior. We sold it to a customer and occasionally there was a whiff after being shut up for a while but over time it disappeared.
Colin
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taurus
Posted a lot
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At that price I wouldn't think it makes any difference - if you say it up front anyone interested knows before they start thinking about it.
It is weird what insurance companies will write off for minor damage. I've got a cat D bike that was nicked and needed a new ignition barrel and one side panel - it's done less than 3k and it was written off. Absolutely nothing else wrong with it.
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stugtx
Part of things
Posts: 85
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They have to factor in the cost of a courtesy car as well as other things which hikes the price of the repair up.
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