A Cat D mystery
Discussion
I'm thinking of buying an expensive Audi with a Cat D. I've read many many Cat D stories re damage but this doesn't apply in this case and I was wondering whether any wise people on here could help.
Basically the car in question has never been damaged or painted, and the seller (a garage) is prepared to warrant that in writing but says the Category D comes because it is a repossession.
I could not see the connection between a finance company and an insurance company write off ie why would a finance company want the insurance company categorising their vehicle which would devalue it. ie why not just repossess the car and sell it for its true market worth.
The sellers explanation is that someone bought it new then fell behind on the payments, and didn't play ball when it came to handing it back, the lender then had to declare it stolen thus the Cat D.
If that's the case then it would appear to be a legitimate bargain but I would love to know from wiser people than me if the above rings true. He has said any inspection by a professional body would be fine and would even put it on ramps for them for the inspection.
Thanks for any input
Basically the car in question has never been damaged or painted, and the seller (a garage) is prepared to warrant that in writing but says the Category D comes because it is a repossession.
I could not see the connection between a finance company and an insurance company write off ie why would a finance company want the insurance company categorising their vehicle which would devalue it. ie why not just repossess the car and sell it for its true market worth.
The sellers explanation is that someone bought it new then fell behind on the payments, and didn't play ball when it came to handing it back, the lender then had to declare it stolen thus the Cat D.
If that's the case then it would appear to be a legitimate bargain but I would love to know from wiser people than me if the above rings true. He has said any inspection by a professional body would be fine and would even put it on ramps for them for the inspection.
Thanks for any input
So much wrong with that I don't know where to begin.
MIAFTR2 has a separate entry for stolen cars to accident category i.e. A stolen car is not classed as A,B,C,D it would simply be recorded
Stolen or recovered (unless it was stolen then recovered after an accident)
A finance company can't report a car stolen it would be a civil dispute between the contract owner and the finance company.
The car has at some point had damage and been written off.
MIAFTR2 has a separate entry for stolen cars to accident category i.e. A stolen car is not classed as A,B,C,D it would simply be recorded
Stolen or recovered (unless it was stolen then recovered after an accident)
A finance company can't report a car stolen it would be a civil dispute between the contract owner and the finance company.
The car has at some point had damage and been written off.
Do you want to give us some more details about the car?
There are quite a few Cat D Audi on AT:
http://www.autotrader.co.uk/classified/advert/2013...
http://www.autotrader.co.uk/classified/advert/2013...
http://www.autotrader.co.uk/classified/advert/2013...
There are quite a few Cat D Audi on AT:
http://www.autotrader.co.uk/classified/advert/2013...
http://www.autotrader.co.uk/classified/advert/2013...
http://www.autotrader.co.uk/classified/advert/2013...
I think he might mean cat X but that doesnt show up on a hpi check.
Usually reserved for cars that are stolen, go missing for a reasonable amount of time so the insurance company pay's out then recovered at a later date and the insurance company's sell on as It's classed as their property.
I bought one at a auction years ago, honda civic approx 18 months old that came with no keys at all.
Had It recovered to my local honda dealership and paid £300 for a pair of keys.
However I did have to argue with the auction house as It still had a outstanding police stolen marker on It and the dealer refused to sell me keys until they removed it.
Usually reserved for cars that are stolen, go missing for a reasonable amount of time so the insurance company pay's out then recovered at a later date and the insurance company's sell on as It's classed as their property.
I bought one at a auction years ago, honda civic approx 18 months old that came with no keys at all.
Had It recovered to my local honda dealership and paid £300 for a pair of keys.
However I did have to argue with the auction house as It still had a outstanding police stolen marker on It and the dealer refused to sell me keys until they removed it.
I do think the OP is being told less than the truth. Repossession is NOT a reason for Cat D being recorded. The car has probably been recorded Cat D at some time and separately been repossessed in its life. I would avoid totally. If a car is advertised on the net and the car looks too good to be true, it invariably will be too good to be true. I would avoid and look elsewhere. Good luck to the OP.
cptsideways said:
Flood damaged would be my bet,lift the carpets for a sniff
and you would be 100% correct Sir, I've just sent the seller this thread and they've now said they phoned Audi this morning and now says "it has a new engine after a bent con rod, could be flood damaged" !!Got to give it to you mate but how the hell did you work that out from the info I gave you ?
Gratters said:
cptsideways said:
Flood damaged would be my bet,lift the carpets for a sniff
and you would be 100% correct Sir, I've just sent the seller this thread and they've now said they phoned Audi this morning and now says "it has a new engine after a bent con rod, could be flood damaged" !!Got to give it to you mate but how the hell did you work that out from the info I gave you ?
Gratters said:
Auction closed on Tuesday lunchtime at £18,653. No "reserve not met" flag showing...yet it's ALREADY relisted for £20,500 BiN (and now with no mention of the "never damaged/painted" claim...)
http://www.ebay.co.uk/itm/131069711229
My guess is that the buyer turned up, looked at it, and pointed out EXACTLY where it'd been repaired.
TooMany2cvs said:
Gratters said:
Auction closed on Tuesday lunchtime at £18,653. No "reserve not met" flag showing...yet it's ALREADY relisted for £20,500 BiN (and now with no mention of the "never damaged/painted" claim...)
http://www.ebay.co.uk/itm/131069711229
Do people actually pay / bid that much before going to check a car out????? Especially on eBay? I realise that no funds will pass between hands until the car has been checked, but surely if you're potentially paying that much, you'd check the car out first?
cptsideways said:
Gratters said:
cptsideways said:
Flood damaged would be my bet,lift the carpets for a sniff
and you would be 100% correct Sir, I've just sent the seller this thread and they've now said they phoned Audi this morning and now says "it has a new engine after a bent con rod, could be flood damaged" !!Got to give it to you mate but how the hell did you work that out from the info I gave you ?
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