Would you? CAT D Maserati
Discussion
I know someone who is repairing a Cat D supercar at the moment. They are so sensitive to repairs, one fix often has a knock-on domino effect and creates a fresh new problem elsewhere every few days / weeks. For example, slotting in a new panel widens a separate panel-gap nearby. They got the car cheap, but the repair bills are mounting and the final total price looks like it will not be much less than buying a non-Cat D in the first place.
s is my view of them but I would love to have that substantiated 
Schermerhorn said:
R11ysf said:
OP,
No. I wouldn't buy a car from West Yorkshire
HTH
Is that a veiled racial slur?No. I wouldn't buy a car from West Yorkshire
HTH
I know this car personally...seen it for years. No idea it was a Cat D. Owner is a good guy and polite enough, as is the owner of SSC. Don't know them on a personal level but they are decent enough, straight up, hard working blokes.
But, it is a reference to areas known for dodgy traders regardless of their personal heritage.
Johnnytheboy said:
If my understanding of the category system is right, the more expensive/valuable the car, the more financial damage could be sustained in each category.
i.e. a Cat D Maserati could have had a whole lot more of a pranging than a Cat D Fiesta.
I'm struggling to parse this i.e. a Cat D Maserati could have had a whole lot more of a pranging than a Cat D Fiesta.
The parts for an expensive car will be commensurately expensive, as will the ancilliary costs e.g. like-for-like car hire, labour costs, possible delays in sourcing parts etc.
I can't see any reason why a car worth £100k that has £25k of damage would be written off any more than a £10k car with £2.5k damage.
For the record, I managed to wipe out the rear end on a Lotus Elise. They pretty much unbolted the rear, binned it and bolted on new parts. It was never recorded as a CAT or anything else for that matter. The new owner will never have a clue. So in some circumstances the repairs can be a bit like lego as daft as that sounds. It depends upon the car construction, location and amount of damage. My example makes a very good case for designing cars with removable smaller structures which are easy to replace.
I may be being thick - it is early - but I was working on the principle that the higher letters (Cat A-C) were for higher levels of damage as a proportion of the vehicle's value, in crude terms. My last post should have had a question mark on.
Thus a fairly minor accident on a cheap car could be a Cat C, whereas you'd have to try pretty hard to do enough damage to a Maserati to make it Cat C, parts prices notwithstanding. Therefore a Maserati could sustain quite bad damage and still 'only' be a Cat D.
Thus a fairly minor accident on a cheap car could be a Cat C, whereas you'd have to try pretty hard to do enough damage to a Maserati to make it Cat C, parts prices notwithstanding. Therefore a Maserati could sustain quite bad damage and still 'only' be a Cat D.
Durzel said:
I'm struggling to parse this
The parts for an expensive car will be commensurately expensive, as will the ancilliary costs e.g. like-for-like car hire, labour costs, possible delays in sourcing parts etc.
I can't see any reason why a car worth £100k that has £25k of damage would be written off any more than a £10k car with £2.5k damage.
It can depend on the scrap value too.The parts for an expensive car will be commensurately expensive, as will the ancilliary costs e.g. like-for-like car hire, labour costs, possible delays in sourcing parts etc.
I can't see any reason why a car worth £100k that has £25k of damage would be written off any more than a £10k car with £2.5k damage.
100k car, 25k damage cost the insurer 25k
But, if the can pay out 100k and sell the wreck for 80k it costs them 20k.
Couple that with the fact they won't pay out 100k anyway you can see how a write-off and sale can cost them less than a repair.
Also, repairs can get even more expensive if they will take ages and the insurer will need to provide a hire car, or deal with loads of specialist approved repair companies.
Durzel said:
Johnnytheboy said:
If my understanding of the category system is right, the more expensive/valuable the car, the more financial damage could be sustained in each category.
i.e. a Cat D Maserati could have had a whole lot more of a pranging than a Cat D Fiesta.
I'm struggling to parse this i.e. a Cat D Maserati could have had a whole lot more of a pranging than a Cat D Fiesta.
The parts for an expensive car will be commensurately expensive, as will the ancilliary costs e.g. like-for-like car hire, labour costs, possible delays in sourcing parts etc.
I can't see any reason why a car worth £100k that has £25k of damage would be written off any more than a £10k car with £2.5k damage.
The reason is demonstrated by this thread.
Many of us MIGHT consider a Cat D Fiesta for some excellent bangernomics (i.e. reasonable demand out there for such a car).
But I seriously doubt anyone would consider it for supercars (of which I think this is one too).
So far lower demand.
That said, the hire car idea is excellent!
Good Strads are just starting to dip into the high sixties now even at retail, so that car standing as a Cat D and 28K miles ( considered extortionate for a Maser, ridiculous as that may seem) is worth no more than 50K I would have thought...and that's assuming the repair is a good one.The spread price between trade and retail on them is massive as well.
Snowboy said:
Durzel said:
I'm struggling to parse this
The parts for an expensive car will be commensurately expensive, as will the ancilliary costs e.g. like-for-like car hire, labour costs, possible delays in sourcing parts etc.
I can't see any reason why a car worth £100k that has £25k of damage would be written off any more than a £10k car with £2.5k damage.
It can depend on the scrap value too.The parts for an expensive car will be commensurately expensive, as will the ancilliary costs e.g. like-for-like car hire, labour costs, possible delays in sourcing parts etc.
I can't see any reason why a car worth £100k that has £25k of damage would be written off any more than a £10k car with £2.5k damage.
100k car, 25k damage cost the insurer 25k
But, if the can pay out 100k and sell the wreck for 80k it costs them 20k.
Couple that with the fact they won't pay out 100k anyway you can see how a write-off and sale can cost them less than a repair.
Also, repairs can get even more expensive if they will take ages and the insurer will need to provide a hire car, or deal with loads of specialist approved repair companies.
Snowboy's example is pretty good, aside from adding in credit hire.
Again, I'll take a £100k car in a prang with modest damage.
Repair costs -
Specialist doing the job privately - £15k
Main dealer doing the job known to be payable by an insurer - £30k.
Minimal damage means salvage at auction will raise, say, £65k on a £100k car.
Credit hire - £465 per day. Agreed rate (see here - Association of British Insurers http://apps.abi.org.uk/tphire/)
Credit hire period on something specialist will often be longer due to parts availability. Say, small repair, 40 days.
Therefore credit hire - £18,600 (exc VAT).
So, even though the repairs might only cost the man on the street £15k, the cost to the insurer is £30k (repairs) + £19k (hire) so best part of £50k for the repair.
Or they could write the car off, get £65k back from salvage auction as the damage is so minimal, and write a cheque for £100k, limiting their loss to £35k.
With credit hire charges being incurred at the best part of £500 a day, a delay to the repairs (which is commonplace) or another hold up can quickly change the balance between economic to repair or not. Often better to crystallize the loss quickly and categorically than to have to leave an ongoing reserve on the insurers account that is never ideal.
DaveyBoyWonder said:
SSC being in one of the poshest parts of Huddersfield, which in itself is a very nice place.
But then you always get tools who think West Yorkshire is one massive hell hole just because Bradford is in the same county.
Living in Huddersfield (Lindley to be precise), I have to disagree. It has a large number of undesirable areas, and I tend to avoid the town centre at all costs. Shaks isn't in one of the "poshest" parts of Huddersfield in the slightest. Fair enough 1/2 a mile up the road there are some very large houses, but Shaks isn't in a nice area at all.But then you always get tools who think West Yorkshire is one massive hell hole just because Bradford is in the same county.
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