Hoegh Osaka - what was on board?

Hoegh Osaka - what was on board?

Author
Discussion

GC8

19,910 posts

189 months

Wednesday 28th January 2015
quotequote all
Saltwater damage is unsellable.

People are talking about claims - will they even be insured? Marine insurance is designed to protect the car owner in the event that general average is called. The actual cover for loss is usually poor and they may struggle to recover their factory door costs, let alone the full amount lost.

JD661

7 posts

116 months

Wednesday 28th January 2015
quotequote all
I suppose you're correct but with the Alfas, by the time the first batch of pre-facelift cars went on sale, the facelift model was out and by the time the second batch went on sale the 159 was out. so there were still a significant proportion of buyers who wanted the latest model and so paid the extra as well. On top of this there were also fleet buyers and people who wanted a full 3 year warranty etc. This may be the case here as it may take a couple of years for all the cars to be processed, insurance to pay out etc. and newer models could be out by then. There's also many fleet dealers and companies who'd rather buy direct and have full main dealer warranties etc.

Also because the Alfas were built for a foreign market they had specifications that were undesirable in this country and higher emissions outputs as the regulations they were built for weren't as strict. As a result they cost £400+ a year to tax where as the UK ones cost less than half that to tax. I imagine that as I believe the cars on the Hoegh Osaka were designed for the middle eastern market similar circumstances may apply.

I'd also imagine that many of the people in the market for prestige vehicles would be happy to fork out a little bit extra for a brand new car thats not been on a boat thats crashed and would want to specify options etc rather than take an undesirable spec one for a bit less.

It would probably damage sales to a certain extent if these were sold off cheap but maybe not as badly as you think when you take all that into account. Also any loss in sales has to be offset against the loss that will be suffered if all the cars are crushed. It might not even be the car manufacturer's decision either. In the Mazda case Mazda were still responsible for all the cars and decided to crush them for liability reasons and those that you've mentioned about pricing. In the Alfa Romeo cases I believe the insurers paid out for the full load of cars so they belonged to the insurance company who were the ones that put them through the auctions. I believe that once they became the property of the insurers the manufacturer had no say in the matter. Indeed if I remember correctly Alfa refused to take any back into the main dealer network for the reasons you've stated and the liability issues etc. I reckon they'll be auctioned off and bought by car supermarkets, luxury car specialists, exporters etc. or crushed depending on how the insurers and each manufacturer deals with it. I hope most of them are saved though seems a waste otherwise.

loskie

5,144 posts

119 months

Wednesday 28th January 2015
quotequote all
I suppose most cars on the Osaka will be LHD so no need for us Brits to worry. Are there any pictures of damaged cars coming off the boat?
Re insurance: I have no doubt that the cargo will be insured.

FiF

43,962 posts

250 months

Wednesday 28th January 2015
quotequote all
It would give a boost to the "Things that have gone wrong with your Land Rover" thread. .

Bearing in mind that most things in life, and especially related to motor vehicles and their components are, post final assembly, not sold on a cost plus basis but market prices. For example look at the cost of electronic units that are sold often for several hundreds of pounds when they cost very little in production costs. Yes there are development costs amortised over several hundred thousand units but is it right to be expected to pay for and engine management unit or instrument cluster 20% and 10% of the original on the road vehicle price. Personally I think it's not fair on owners.

So any sales of vehicles and parts is going to impact on market prices. Is it significant? Probably not in the case of a run out model but for relatively newly launched ones then yes.

daydotz

1,741 posts

160 months

Wednesday 28th January 2015
quotequote all
They could end up being used in Land Rovers driving experience centres

Porsche had LHD cayenne at the FOS


Durzel

12,232 posts

167 months

Wednesday 28th January 2015
quotequote all
Why would the vehicles being stored at extreme angles cause them any damage? The engines weren't running, they weren't upside down, and the various fluids would've settled by the time they'd were driven off? People park on severe inclines all the time.

Matt UK

17,649 posts

199 months

Wednesday 28th January 2015
quotequote all
M4cruiser said:
One way round it would be to register them, therefore they become "used" cars, and sell them on with the warranty cancelled.
Errrrrrr say what now?

anonymous-user

53 months

Wednesday 28th January 2015
quotequote all
stuart313 said:
Although they have a few dints which can be repaired in most cases, what about the oil and water in them lying at such an angle for so long.
What, you mean like parking on a hill for a while lol? smile

ging84

8,829 posts

145 months

Wednesday 28th January 2015
quotequote all
52 degrees is not the sort of hill you would expect most cars to be parked on

CraigyMc

16,326 posts

235 months

Wednesday 28th January 2015
quotequote all
ging84 said:
52 degrees is not the sort of hill you would expect most cars to be parked on
Land rovers are designed to cope with extreme angles. They are tested for it with their engines running.

ETA:

JLR said:
  • LR-V6 unit engineered from the outset to support full Range Rover capability, including extreme off-road tilt angles, wading and towing
http://newsroom.jaguarlandrover.com/en-in/land-rov...

Edited by CraigyMc on Wednesday 28th January 13:48

anonymous-user

53 months

Wednesday 28th January 2015
quotequote all
ging84 said:
52 degrees is not the sort of hill you would expect most cars to be parked on
Would be a pretty useless 4x4 if you couldn't take it off road and up and down things.

ging84

8,829 posts

145 months

Wednesday 28th January 2015
quotequote all
That land rover link says extreme tilt angles of up to 45 degrees
These were 15% beyond that at 52 degrees, for an extended period although not with the engine running. I would be interested to know the effect of the suspension in the way they were held down.
If they were held purely by the wheels with the body feely suspended, the actual angle of the body could have been less severe

They are not all going to be the same model as that link though, the ones showed so far were evoques, which might not have the same capability, and they might not all be 4x4s, jaguars certainly aren't going to have the same capabilities




22Rgt

3,575 posts

126 months

Wednesday 28th January 2015
quotequote all
[quote=epom]Couple of litres of touch up paint for the JCB's and Shirley they will be fine.... Might even use them in the clear up operation. [/quote}

Is Shirley JCB's paint sprayer?

M4cruiser

3,550 posts

149 months

Wednesday 28th January 2015
quotequote all
Transiter said:
M4cruiser said:
One way round it would be to register them, therefore they become "used" cars, and sell them on with the warranty cancelled.

But I'm not sure who owns them at the moment - ?Insurance company?
How will they be able to cancel the warranty? Surely if something ends up being wrong with the car the buyer can still have it repaired under consumer rights.

Edited by Transiter on Wednesday 28th January 00:16
"New" cars and "used" cars are different in that respect. Warranties come with conditions, e.g. the car must be serviced to plan, to name an obvious one, and if it's not serviced then the warranty is cancelled. Another condition might be that the car can't be used for racing or rallying. The manufacturer has an absolute right to offer whatever warranty it wants to.

Consumer rights are a different thing. A new car must be in good shape. A used car must only be fit for purpose as described. So provided one of these boat cars is described as having been in that location and is being sold with no warranty, then that's the deal.




Bjam99

231 posts

134 months

Wednesday 28th January 2015
quotequote all
Looks like there was some interesting cargo aboard! Let's hope the Rolls survives!

http://www.dailymail.co.uk/news/article-2928552/Hu...

M4cruiser

3,550 posts

149 months

Thursday 29th January 2015
quotequote all
If you want to buy one of these cars then I suggest you do a Finance Check,

...because there was a problem at the Bank, resulting in significant Lien. wink



biggrin

FiF

43,962 posts

250 months

Friday 30th January 2015
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Very good, not seen that one before.

kev1974

4,029 posts

128 months

Friday 30th January 2015
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More pics today, it's OK the Rolls is OK but there are some strange covers over some of the cars.
http://www.dailymail.co.uk/news/article-2932885/26...

tomsugden

2,233 posts

227 months

Friday 30th January 2015
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"Pristine: The Rolls Royce is believed to have been making its way to a private owner in the Middle East, along with the ship's other cargo"

....with a picture of a Jag above it.

KTF

9,788 posts

149 months

Friday 30th January 2015
quotequote all
kev1974 said:
More pics today, it's OK the Rolls is OK but there are some strange covers over some of the cars.
http://www.dailymail.co.uk/news/article-2932885/26...
The ones in bags are just a shipping cover. BMW used to use them a lot on the first gen X5 with a zip around the drivers door area. Easier to deal with than the film/wax that is normally used I guess.

Maybe they use them on ones that are going to a more dusty area and will be sitting around for a period of time.