Omega Owners Forum
Chat Area => General Discussion Area => Topic started by: Markie on 16 February 2008, 19:44:21
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Damaged repairable cars.....I say that
Cat C loses more of a percentage of the book price than Cat D and
Cat D requires no checks to put back on hte road and loses about 25% of book price..
Dad reckons D still requires a check and they both lose about 40% of book ::)
Anyone know for sure or have experience of damage repairables?
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Thats that settled then :y
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I wish i could, if i knew what you were talking about ::) ::)
Sounds like a job for super Tunnie
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Thats that settled then :y
Aye awright smarty pants - ive edited the original post ;D
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They are basically concerned with the vehicle's identity being used to clone a "nicked one". Hence Cat C means that part of the body has to be swapped/welded and so it is checked to make sure it is still the original vehicle. Cat D means nothing major, but they can't be arsed to repair. For example if a car had its paintwork damaged, a respray could cost £2000, which can be 50% of the vehicle's value, so it will be written off, Cat D. I don't know the drop in value, as I've never had to sell one. Do you have to tell the new owner its a write off ?. I don't think this is a legal requirement, hence the sense in an HPI check before parting with the readies.
Ken
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cat c will appear permanently on reg. document as a car that has been an insurance loss and will thereforeloss a lot of its value.cat d does not show on docs. and may not lose any value (depending wether seller discloses and buyer does hpi,as previously mentioned)so basically your right and dads wrong :y
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In the UK the insurance loss categories used by insurance companies include:
Category A - Severely damaged so much so that the whole vehicle cannot be resold but must be taken off the road and crushed. There are no serviceable parts. The DVLA will require a Notification of Destruction for the vehicle.
Category B - The Vehicle as a whole may not be resold or returned to road but parts may be sold. The vehicle is damaged beyond repair usually due to major structural damage. The DVLA will require a Notification of Destruction but parts are allowed to be removed and sold first.
Category C - Repairable salvage. Significant damage to the vehicle so much so the cost of the repair exceeds book value. It can be sold for repair but must have a VIC inspection before returning to the road.
Category D - Repairable salvage. Vehicle has minimal, probably non-structural damage. May have been economic to repair, but insurer does not want to. Often this is due to the vehicle being stolen and recovered after the claim has been paid to the insured. Or the parts to repair the vehicle are difficult to find. Does not need VIC inspection to return back to the roadway but notification will remain on the vehicle history check.
Category X - Repairable vehicle with minor damage. It has been part of an insurance claim but was lightly damaged and required minimal repairs. This is not recorded with the DVLA so would not appear on a Vehicle Data Check.
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something that i have thought about and talked to a few people about.
Cat C is devalued by about 25% as far as the trade is concerned, but you talk to a lot of traders they will tell that if the job is done properly then it shouldn't devalue a car.
personally i wouldn't bat an eyelid about buying a gat C so long as it had been done correctly and it was considered OK by an independent survey
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something that i have thought about and talked to a few people about.
Cat C is devalued by about 25% as far as the trade is concerned, but you talk to a lot of traders they will tell that if the job is done properly then it shouldn't devalue a car.
personally i wouldn't bat an eyelid about buying a gat C so long as it had been done correctly and it was considered OK by an independent survey
Me neither, as long as I wasn't planning on selling it.
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Very Interesting, i never knew that :y
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Very Interesting, i never knew that :y
You do surprise me ::)
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Very Interesting, i never knew that :y
You do surprise me ::)
your not being sarcastic are you?
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Very Interesting, i never knew that :y
You do surprise me ::)
your not being sarcastic are you?
Moi? ;D
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what are you doing up this late, has the nurse forgot to come and put you to bed?
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Very Interesting, i never knew that :y
You do surprise me ::)
your not being sarcastic are you?
Moi? ;D
You googled the word sarcastic quick then STMO :D
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Reason i am asking is im looking at a cat D x reg clit 1.6 (2001). I know all about the categories etc just not impact on values - if any.
Its got 80k on the clock, v5 present, full dealer history and good MOT.
Bit of speculation on my part tht it could be mine for £800.
Now it needs a bonnet, headlight and radiator only - i reckon £300 -£400 puts it right.
Book price is around £2200 for this model and similar model cars on `trader going around that. My only concern is the amount, if any, of my £800 profit is taken away by the vehicle cat D....
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Very Interesting, i never knew that :y
You do surprise me ::)
your not being sarcastic are you?
Moi? ;D
You googled the word sarcastic quick then STMO :D
There'a lot of people hanging themselves in Wales Russ. Can you be next please?
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i would take photos of the damage before repairing,so that any future buyer could see that it hadnt been rebuilt from a total wreck :y
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Reason i am asking is im looking at a cat D x reg clit 1.6 (2001). I know all about the categories etc just not impact on values - if any.
Its got 80k on the clock, v5 present, full dealer history and good MOT.
Bit of speculation on my part tht it could be mine for £800.
Now it needs a bonnet, headlight and radiator only - i reckon £300 -£400 puts it right.
Book price is around £2200 for this model and similar model cars on `trader going around that. My only concern is the amount, if any, of my £800 profit is taken away by the vehicle cat D....
Your costing is about right. I always reconed it should cost about half the bottom book value to buy a write off and the bits to repair. If as Albitz said, you take plenty photos to show its not the dreaded "cut and shut", and give a good discount then the buyer should be happy. You might not make the 800, but 400-500 in the hand is not to be sneezed at. A couple of years ago, a 2.2 petrol Omega was worth about £4000-£5000, mine with the "cosmetically challanged" paintwork cost about £2500.
Ken
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PS, Simpsons Salvage http://www.simpsonsalvage.com/site/pages/page_slist.php?PHPSESSID=e8f7af163cd76830ed8336c3b90b435a&t=B&makemodel=Renault&fueltype=any&catcode=&trans=%25&pics=pics&orderby=MakeModel&date_filter=3&Submit=Browse
have a fair number of clit's in, a lot of them unfortunately have frontal damage. Must be the drivers checking their hair in the mirror and running into the car in front ;D ;D
Ken
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PS, Simpsons Salvage http://www.simpsonsalvage.com/site/pages/page_slist.php?PHPSESSID=e8f7af163cd76830ed8336c3b90b435a&t=B&makemodel=Renault&fueltype=any&catcode=&trans=%25&pics=pics&orderby=MakeModel&date_filter=3&Submit=Browse
have a fair number of clit's in, a lot of them unfortunately have frontal damage. Must be the drivers checking their hair in the mirror and running into the car in front ;D ;D
Ken
LOL - Yep it is a bit of a girly car - thanks for your input Ken :)
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hbc canvey is good for the sort of thing your looking for as well but their nearest depot is teeside which is probably a bit far from you.
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hbc canvey is good for the sort of thing your looking for as well but their nearest depot is teeside which is probably a bit far from you.
;D just a bit - its always the same, the best projects are always down south - this ones only 30 miles away though.... :-/
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I wonder, some breakers do mail order, you might get the bits sent up for a reasonable price.
Ken