Insurance Write offs.

Insurance Write offs.

Author
Discussion

julesby

Original Poster:

79 posts

262 months

Wednesday 15th October 2003
quotequote all
Ive looked at a 93L chimaera 4.3 blue. That has been a cat D write off 2 years ago. Guys asking just over 9k. 55k miles on clock and now a brand new gearbox. What do you all think? stay clear or is it a bargain. Worried about resale. Any comments would be appreciated.

madant69

847 posts

248 months

Wednesday 15th October 2003
quotequote all
julesby said:
Worried about resale.



You mean you might sell it one day???

They'd have to prise the keys from my cold, dead fingers.

I think in any case it's not that great a bargain. My 94L cost very slightly more than that with full tvrsh and it was immaculate...

>> Edited by madant69 on Wednesday 15th October 19:37

_DJ_

4,898 posts

255 months

Wednesday 15th October 2003
quotequote all
There was a rather nice Chim on here recently for 10.5k which had loads done to it (and looked really nice). I'd personally be tempted to wait for another like it and save the extra 1.5k to prevent resale problems. I think 25% off for a CAT D is about the going rate.
Having said that, the flip side is that you get the same car for less money - horses for courses!

DJ

julesby

Original Poster:

79 posts

262 months

Wednesday 15th October 2003
quotequote all
What sort of offer shold i make on the car, It does need a little clean. The problems i found are.

1. Passenger door lock / button doesnt work outside.
2. Its got a tacky radio fascia panel, hand made effort.
3. Inside of hood, the carbon fibre face has a knock on it on passenger side.
4. No service history for last two years since write off. But only done 1800 miles since write off.
5. Repaired by his local garage but does look a good job.
6. Front wish bones are a bit rusty.
7.Leather seats are quite cracked.
8.Inside needs a really good clean to make more hygenic.

These problems you might say are normal, and would like some advice on what the value would be, all the tidying up bits are possible.

Ta

squirrelz

1,186 posts

272 months

Wednesday 15th October 2003
quotequote all
To be honest, I would walk away. Like has been said already, it's better to get a car in nicer condition, even if its for slightly more money. You could easily spend £2k putting that one right.

colinrob

1,198 posts

252 months

Wednesday 15th October 2003
quotequote all
I would leave it alone just sold mine for 10.5 interior had been refurbished, cost £2300 had new diff cam etc 56000 miles ftvrsh last service may there are others about just have a little patience

julesby

Original Poster:

79 posts

262 months

Wednesday 15th October 2003
quotequote all
Ok, thanks for your advice. last thing i want is to hate the car i bought. i want a tvr as a nice toy not a pain.

thanks

_DJ_

4,898 posts

255 months

Wednesday 15th October 2003
quotequote all
Colin,

Yours was the car I was referring to (I think). I bet someone bit your hand off.

DJ

colinrob

1,198 posts

252 months

Wednesday 15th October 2003
quotequote all
Yes I lowered the price as I had just seen a 5.0 that I wanted so I thought I'd put at a price that would reasonably quickly sell, I put in the ad no offers and made it clear that I would'nt accept offers sold the same day as the reduced price ad went on pistonheads

pies

13,116 posts

257 months

Wednesday 15th October 2003
quotequote all
Aint M@H got his car on the market for about £10k ish i think.The ad says sold but i believe it fell through.Sounds like a much better buy specially isf your worried about resale

M@H seems to sell his cars "cheap" don't he CZ

www.pistonheads.com/sales/detail.asp?i=14320&sc=NPHY&s=1

kenny chim 4

1,604 posts

259 months

Wednesday 15th October 2003
quotequote all
julesby said:
What sort of offer shold i make on the car, It does need a little clean. The problems i found are.

1. Passenger door lock / button doesnt work outside.
2. Its got a tacky radio fascia panel, hand made effort.
3. Inside of hood, the carbon fibre face has a knock on it on passenger side.
4. No service history for last two years since write off. But only done 1800 miles since write off.
5. Repaired by his local garage but does look a good job.
6. Front wish bones are a bit rusty.
7.Leather seats are quite cracked.
8.Inside needs a really good clean to make more hygenic.

These problems you might say are normal, and would like some advice on what the value would be, all the tidying up bits are possible.

Ta


I think point 4 speaks volumes

Should've had at least two services in that time going by the mileage! Walk away.

simpo two

85,526 posts

266 months

Wednesday 15th October 2003
quotequote all
julesby said:

1. Passenger door lock / button doesnt work outside.
2. Its got a tacky radio fascia panel, hand made effort.
3. Inside of hood, the carbon fibre face has a knock on it on passenger side.
4. No service history for last two years since write off. But only done 1800 miles since write off.
5. Repaired by his local garage but does look a good job.
6. Front wish bones are a bit rusty.
7.Leather seats are quite cracked.
8.Inside needs a really good clean to make more hygenic.


My thoughts:
1) Electrical - could be pricey to fix.
2) Can you remove it and put the car back to standard?
3) Odd
4) I could live with it.
5) What did they repair? Or do you mean service? If the latter, not a massive problem, if the price is right.
6) No worries, they always are.
7) They do - but it shows poor care.
8) Ditto

In summary, the car hasn't been loved or properly looked after, so add the write-off bit and the answer is: walk away. Better to pay a bit more and get a clean, honest car you can be happy with.

julesby

Original Poster:

79 posts

262 months

Wednesday 15th October 2003
quotequote all
Thanks everybody. As the other guy said the car needs a bit of work and would take a few thousand to put right. £10k would be better spent on a clean one.

kenny chim 4

1,604 posts

259 months

Wednesday 15th October 2003
quotequote all
You seem to have your head screwed on Julian.. (or you wouldn't have asked the question in the first place.

You will find a good one for around that price.

madant69

847 posts

248 months

Thursday 16th October 2003
quotequote all
Looking at the problems you listed he's never goign to sell it, unless he offloads it to a dealer who sells it on to someone who will buy it without thinking too much...

If I were inclined and had the nouse, I'd offer him £5-£6k, but like others have said, it's better to shop around.

When I was looking I saw a Cosmos blue Chim in Reading which I negotiated down to £8,750 from £10,750. The owner wasn't a TVR fan, had just bought it cause it looked nice...bargains are to be had, even from traders, unusually...

Incorrigible

13,668 posts

262 months

Thursday 16th October 2003
quotequote all
Agree with what people have said, nothing wrong with a previously written off car (see my profile) but 25-35% off normal price

Also I'd be wary of "1800 miles since repaired" not enough time to see if any flaws develop IMHO

As a guide, I'm probably selling mine and wouldn't expect more than £13k for it (99T), and mine's a lot better than this one sounds

Look at a load of others, if you still like this one I guess he shouldn't get more than £8.5k for it

:usualdisclaimersapplyasIhaventseenitandsorryiftheblokesellingisgettingarawdealhereetcetcetc:

Changed my mind £7.5k max £8k

>> Edited by Incorrigible on Thursday 16th October 11:25

pbrettle

3,280 posts

284 months

Thursday 16th October 2003
quotequote all
As already stated - there is nothing wrong with a cat D car, if it has been repaired correctly etc. I have had a writen off car in the past and it was perfectly good. Got a good price for it and nothing went wrong. In fact it was better in some areas that other comparible ones.... but that said, £10K for a Chimaera in that condition looks far too much.

Not worth it.... too many variables and not enough right about it. Anyway, no SH - fair enough, but 1800 miles in 2 years? The guidelines say 1 service every 6000 miles or 12 months - which ever comes first.... and I would not deviate from this. Risky.

Incorrigible

13,668 posts

262 months

Thursday 16th October 2003
quotequote all
Agree totally with Paul re-servicing too

M@H

11,296 posts

273 months

Thursday 16th October 2003
quotequote all
pies said:
Aint M@H got his car on the market for about £10k ish i think.The ad says sold but i believe it fell through.Sounds like a much better buy specially isf your worried about resale

M@H seems to sell his cars "cheap" don't he CZ

<a href="http://www.pistonheads.com/sales/detail.asp?i=14320&sc=NPHY&s=1">



It did indeed fall through, hence ColinRobs sale. Mine will be back on the market next week once I've got a new V5, also I'm writing an article for Sprint next week on the Cooling System of Pre-Serv V8's accordingly am pulling it apart a bit on Saturday and replacing the otter and thermostat at the same time for the sake of it.

Cheers,
Matt.

>> Edited by M@H on Thursday 16th October 12:00

julesby

Original Poster:

79 posts

262 months

Thursday 16th October 2003
quotequote all
Matt, can you send me details of your chimaera, jd.paul@virgin.net. im on broadband so pics are ok. cheers Jules