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Dec 22, 2020 10:29:39 GMT
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I have no real understanding about Cat C and Cat D, other than that they can be repaired, bought , sold and value or resale price sometimes (often) seem to be affected by these classifications I have been offered a 20 year old car, given a Cat C about 10 years ago, and then repaired to what has been described as a high standard. The advertised price is at the top of my game park at £5k though, and a lot more than I would usually want to spend on a second car, but it is a car in configuration and colour that I have always coveted. I would sell the Galaxy and this would replace it fully once a tow bar was fitted. So please explain to me, SLOWLY and CLEARLY like I am a kid.......... The pro’s and cons of this potential purchase. Thanks a lot. This is the ad: Hi
I am selling this great car/truck for a friend.
This is a 2000 model with just over 38,000 miles, so less than 2,000 miles a year.
This is a great looking car/truck with the addition of some go faster stripes and non standard wheels.
The car comes with a additional set of lowering springs, so you can stick her a bit closer to the weeds or leave her as is. Always good to have options.
It was an Insurance Category C classification over 10 years ago and all repairs were been done to a high standard.
I would highly advise coming to look at it so you can see how good it is.
Car is located near Ipswich and will come with a new MOT.
Looking around these are quite rare cars in the UK, so grab something a little more interesting.
Thanks for looking and do not hesitate to contact me if you have any questions or want to arrange a viewing. Have a pic as payment. .WEBP) |
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Last Edit: Dec 22, 2020 10:33:57 GMT by grizz
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Dec 22, 2020 10:50:22 GMT
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Dec 22, 2020 14:21:38 GMT
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If it checks out and it's what you want and you're happy with it, then don't hesitate to buy it in my opinion. I've very often bought salvage cars for myself in order to get a good deal. Admittedly, I usually try and buy the vehicle in its damaged state and repair it so I know exactly what it's had done and keep a photographic record of the car from its damaged state, through repairs to the finished article, but if I'm happy with the a car that has been repaired, then it still wouldn't put me off. I'll give you probably the two best examples (for different reasons) of salvage cars I've owned. First of all, some years ago now I was running around in a automatic V8 Discovery (Series 1 Facelift). I loved using that as a daily and fuel economy has never bothered me, but I travelled 0.9 of a mile to work and then back again every day, and other short trips in the main, so the MPG I averaged in that for the type of driving I did was horrendous for something that wasn't really a performance vehicle, so I decided to switch to something I little more economical for daily running about and I was torn between a MK6 Fiesta ST and an R50 MINI Cooper. I wasn't looking for a salvage vehicle, but I did a local search on eBay and there was a guy about 7 miles away who seemed to be selling the odd damaged repairable MINI and there was a nice R50 Cooper which looked clean and tidy overall, nice mileage etc, so I went to have a look as the price seemed excellent. I couldn't believe what it had had been written off for (Cat D). It had a dent on the side of the bonnet, that was it. It was a mint car otherwise.  It was still MOT'd, but didn't have too long left, so decided to book it in. I checked it over beforehand and it just needed a whack to help with the headlight alignment. Then I ran it for a couple of weeks before getting it fully repaired |
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 Specialist Bodyshop & Fabrication Classic, Retro, Prestige & Custom Small Repairs to Concours Restorations Mechanical Work Vintage to Modern |
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Dec 22, 2020 14:28:10 GMT
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The second was my Jaguar XK-R (X150). I bought it accident damaged (Cat D) in 2013 from a prestige salvage dealer. For the spec, mileage etc it was less than half the price of a straight car at the time.  It looks a lot worse than it was and was purely cosmetic plus air con condenser and a few other minor bits I repaired it and made a show-winning car out of it with a few minor modifications to make it stand out from the others on the road. Kept it until a few months ago and sold it for more than 95% on non-recorded cars were selling for. Obviously it was a lot better than 95% of non-recorded cars and I could have got more had it not been recorded, but I was still delighted with the outcome and I think being able to run an XK-R for almost 7 years (albiet,only an occasional use car) and for it to not owe me a penny after selling it is a pretty impressive feat.  |
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Specialist Bodyshop & Fabrication Classic, Retro, Prestige & Custom Small Repairs to Concours Restorations Mechanical Work Vintage to Modern |
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Dec 22, 2020 15:22:12 GMT
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I recently viewed a ten year old jaguar that a dealer had stated was down on the register as repaired. The mileage was low and the price not bad, but the harder I looked the more faults I could find and it was clear that it had been fixed on the cheap by the lower end of the repair trade. It drove well enough, but I decided not to buy. Buyer beware is always good advice.
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Dec 22, 2020 18:14:15 GMT
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Cat C only means the cost of repairs at an approved repairer are more than the value of the car. The only issue is some insurers don't like to cover them for anything more than scrap value. Caveat emptor as always though, check it over with a fine toothed comb.
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Dec 22, 2020 19:18:55 GMT
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The only issue is some insurers don't like to cover them for anything more than scrap value. Aside from the quality of repair, I gather that this is the main issue with anything with a write-off marker. Even if your own insurer is prepared to insure for the correct value, in the event of making a claim, there is still the risk of a third party insurer taking the scrap value approach. With suitable documentation relating to the repair, I imagine that will make it harder for them to do, but even when presented with more than sufficient valuation evidence, there are some insurers who will use any excuse to avoid accepting their full responsibilities for indemnity, even in clear cut situations, let alone grey areas such as this. In the case of the examples shown by MP&R, there should really be no difference in value between those cars and equivalent non-recorded ones, however just their existance on the register is an instant devaluer. According to the Financial Ombudsman Service, this may be up to 20%... www.financial-ombudsman.org.uk/consumers/complaints-can-help/insurance/motor-insurance/vehicle-valuations-write-offs |
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Dec 22, 2020 22:31:14 GMT
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Many years ago when I worked in commercial small business insurance, I did some learning (only the very basics) on what we would and wouldn't cover on Cats C & D. Even if they were repaired beautifully, they would only ever be worth a MAXIMUM of 75% of the comparable market value of a similar non-Cat vehicle.
Obviously this is likely to have changed as it was 12-15 years ago, but knowing insurance companies they will do as much as possible to get out of paying out money on any claim. From what I recall the premiums for a Cat-recorded and repaired vehicle were higher too. Worth remembering.
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Thank you,guys, This is really helpful for me to get some perspective. Especially the parts around insurance companies and how they will always screw the insured, given a chance. For myself, I do not care about a “damaged title” but of course every next buyer will try kick you in the nuts as hard as possible when you try sell. I could be completely wrong of course, and have a buyer who sees whatever it is, and buys, then leaves happily. Have contacted my former insurers AIB that Mercdan68 recommended for weird stuff like the Blazer and Prozac even to see what they can offer, but will also contact some on;one insurers to see how badly they don’t want to insure it. |
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Last Edit: Dec 23, 2020 8:35:26 GMT by grizz
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Just to add my 2p worth, while I agree with Midland Performance and Retro that there can be a benefit to buying and repairing salvage I would always be wary of a repaired car if you haven't done it yourself as you don't know how well it has been done or how badly it was damaged. As an example I remember an old boy who had a seemingly nice Ford KA and he wasn't aware it was damaged repaired, one of the many tricks on the car was that they had wired the ABS light to the oil pressure light so it came on and went off with the engine. It turned out that they had replaced the front suspension on the damaged side with one from a non-ABS car and done this to get it through an MOT. The best advice is to proceed with caution, I don't believe that there is anyway of finding out what the damage is and people can be wonderfully skilled at repairing damage to look ok but not necessarily be ok. Having said that of course you could always end buying a car like this which isn't recorded: www.ebay.co.uk/itm/2019-JAGUAR-XF-V6S-D-AUTO-NON-RECORDED-DAMAGED-REPAIRABLE/324413369431?hash=item4b888b2c57:g:eAIAAOSwLlBfqTna |
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Dec 23, 2020 10:53:09 GMT
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Just to add my 2p worth, while I agree with Midland Performance and Retro that there can be a benefit to buying and repairing salvage I would always be wary of a repaired car if you haven't done it yourself as you don't know how well it has been done or how badly it was damaged. As an example I remember an old boy who had a seemingly nice Ford KA and he wasn't aware it was damaged repaired, one of the many tricks on the car was that they had wired the ABS light to the oil pressure light so it came on and went off with the engine. It turned out that they had replaced the front suspension on the damaged side with one from a non-ABS car and done this to get it through an MOT. The best advice is to proceed with caution, I don't believe that there is anyway of finding out what the damage is and people can be wonderfully skilled at repairing damage to look ok but not necessarily be ok. Having said that of course you could always end buying a car like this which isn't recorded: www.ebay.co.uk/itm/2019-JAGUAR-XF-V6S-D-AUTO-NON-RECORDED-DAMAGED-REPAIRABLE/324413369431?hash=item4b888b2c57:g:eAIAAOSwLlBfqTna Too modern 😉 |
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