Mazda MX-5 Owners Club West Midlands
Mozza wrote:8)
NickD wrote: Do you seriously think £1,800 is cheap for a 12 year old 100,000 mile car?
Fred Gassit wrote:Sorry, no "damaged repairables", but if you can find any type-Rs for sale for c.1500 please share the link.
NickD wrote:Do you think they actually sell for that though? When you can get 2l Clio's for less than a grand.
Cat D means the insurance company has paid out as a write off, therefore, no matter how well it has been repaired, and you have to make your own call and inspection on that, the insurance company would never value it as a none written off one again, so if this were involved in another claim it would be valued at significantly lower than "normal". I would expect that insurance companies would assign not a lot more than £500 or £600 trade value to that as a cat D.
Firebucket wrote:NickD wrote:Do you think they actually sell for that though? When you can get 2l Clio's for less than a grand.
Cat D means the insurance company has paid out as a write off, therefore, no matter how well it has been repaired, and you have to make your own call and inspection on that, the insurance company would never value it as a none written off one again, so if this were involved in another claim it would be valued at significantly lower than "normal". I would expect that insurance companies would assign not a lot more than £500 or £600 trade value to that as a cat D.
I understand what you are saying here and would agree with you if it were not for my own experience. My 5 is a cat C. The damage was cosmetic (ie drivers door and front wing) easily repaired but, none the less, if done by a professional bodyshop would exceed 2/3 of the value of the car and is therefore written off. I paid £350 for the car and spent about £1200 to £1500 including respray, hood, service and MOT etc. I have an independant engineers report on the repairs and condition of the car, also had it inspected at VOSA (which you have to do to put a write off back on the road), and I now have classic car insurance with a certificated, guaranteed valution of £4000 (I applied for £5000 but was assessed by the valuation panel to £4K)
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