Cost to rebuild front end of 360
Discussion
Chaps, seen a 360 which has had front end damage, ie heavy front suspension and front wing damage with wheel riped off etc all on the drivers side. Needs a new bonnet as well and radiator along with the other bits but it's a CAT D @39k! anyone know what parts prices are like for these and approximatly how much these things cost to repair? Anyone repaired one?
danhay said:
I'm guessing that it would cost more to buy and rebuild than it would be worth after the rebuild?
Not necessarily. Sometimes insurance companies prefer to just write the car off and pay up... it isn't as simple as it costs X to rebuild.
Will definitely be worth researching further.
Which Salvage yard is it with?
I have some relevant recent experience that may be usefull! - might be able to put you in touch with some repairers - or at least give you an idea of how much it would be .......
Can you PM me the pictures / web link of the car .... don't worry I'm not after it.
I have some relevant recent experience that may be usefull! - might be able to put you in touch with some repairers - or at least give you an idea of how much it would be .......
Can you PM me the pictures / web link of the car .... don't worry I'm not after it.
OUCH!!!!
Seriously that looks terrible, but being a rear engined car it's not quite so bad .......
Firstly you need to establish what the car will be worth fixed - so you need to know the milage / owners / service history.
Then take 10% off that for it being a cat D (Because a fixed, alighn checked car is actually usually better than a similar aged "undamaged" vehicle - therefore 10% is the maximum under value)
Get the repair quote from Cleave - Don't even think of putting it through the Ferrari dealer network - See if the quote is for new or secondhand parts (secondhand is obviously cheaper) - I'd say looking at it that it shouldn't be more than £14k to repair and probably quite a bit less less (if there is a donor car in the repair system - which is very likely given the lengrh of time the 360 has been around)
Then if you want to go ahead make them an offer for the car - the £399995 is an optomic ask - I'd start at 32-33 and got to 35 - but it's up to you - so worst case scenario it's going to cost £50K and best case about £42K
Sounds worth it to me!
Also the 3200GT looks pretty good as well!
Seriously that looks terrible, but being a rear engined car it's not quite so bad .......
Firstly you need to establish what the car will be worth fixed - so you need to know the milage / owners / service history.
Then take 10% off that for it being a cat D (Because a fixed, alighn checked car is actually usually better than a similar aged "undamaged" vehicle - therefore 10% is the maximum under value)
Get the repair quote from Cleave - Don't even think of putting it through the Ferrari dealer network - See if the quote is for new or secondhand parts (secondhand is obviously cheaper) - I'd say looking at it that it shouldn't be more than £14k to repair and probably quite a bit less less (if there is a donor car in the repair system - which is very likely given the lengrh of time the 360 has been around)
Then if you want to go ahead make them an offer for the car - the £399995 is an optomic ask - I'd start at 32-33 and got to 35 - but it's up to you - so worst case scenario it's going to cost £50K and best case about £42K
Sounds worth it to me!
Also the 3200GT looks pretty good as well!
exint2 are you a trader? Would you really only knock off 10% of a vehicle's value when it's been classified as Cat D? It's still on the register even if it's been autoligned correct?...
This is the first time I've seen anyone put into writing what they think the effect of a Cat D is on the price of a car. In the good old days when these categories didn't exist, the going value rate for a "damaged repairable" was about 30% off the retail price for a non damaged car.
Finally, I haven't looked...but is the 3200 the silver one with front and rear damage? If so, it was originally priced at £24k but in some publications they'd advertised it at £21k. I thought that it ought only to be worth £18k at the most.
This is the first time I've seen anyone put into writing what they think the effect of a Cat D is on the price of a car. In the good old days when these categories didn't exist, the going value rate for a "damaged repairable" was about 30% off the retail price for a non damaged car.
Finally, I haven't looked...but is the 3200 the silver one with front and rear damage? If so, it was originally priced at £24k but in some publications they'd advertised it at £21k. I thought that it ought only to be worth £18k at the most.
No I'm certainly not a trader - but I do have experience of damaged repairables.
When it comes to pricing a CatD repaired car it should be remembered that a lighly damaged car (not the 360 on this thread) can be written off by the insurance company with very little damage - at the behest of the owner "I'm not having that car back ...." A car with similar damage could easily be repaired by another insurance company and taken back by it's original owner and therfore you would never know it had ever been in any accident.
An autoaligned repaired car needs to be independantly checked when you come to buy, but if it has been repaired properly they are genuinely, usually in better condition than "ordinary cars"
The "discount" applied due to the fact that it is a repaired car is, really down to the perception of the repair trade as "cut and shut" merchants.
The reason I said about 10 % for the 360 is that 10% is still a huge ammount of cash if the car is worth £70K undamaged - we are saying it's £63K as a cat D - now you only have to look at the threads on this forum to see how many people want a RHD 360 for low money - some will be put off - the more astute will get themselves a bargain.
Now if it was a ford Mondeo worth £7K that was a catD repaired then obviously a 30% or £2K discount would probably be correct - It's one of these things where a blanket % cannot be applied.
If I had the cash I would definately go for the 360 - the important thing is that when your driving it will feel like any other 360 - no-one else will know it's history - and you get a bargain - with zero depreciation - think about it if you got it on the road for £48K drove it for a year you would have to beat people off with a stick if you sold it at that!
When it comes to pricing a CatD repaired car it should be remembered that a lighly damaged car (not the 360 on this thread) can be written off by the insurance company with very little damage - at the behest of the owner "I'm not having that car back ...." A car with similar damage could easily be repaired by another insurance company and taken back by it's original owner and therfore you would never know it had ever been in any accident.
An autoaligned repaired car needs to be independantly checked when you come to buy, but if it has been repaired properly they are genuinely, usually in better condition than "ordinary cars"
The "discount" applied due to the fact that it is a repaired car is, really down to the perception of the repair trade as "cut and shut" merchants.
The reason I said about 10 % for the 360 is that 10% is still a huge ammount of cash if the car is worth £70K undamaged - we are saying it's £63K as a cat D - now you only have to look at the threads on this forum to see how many people want a RHD 360 for low money - some will be put off - the more astute will get themselves a bargain.
Now if it was a ford Mondeo worth £7K that was a catD repaired then obviously a 30% or £2K discount would probably be correct - It's one of these things where a blanket % cannot be applied.
If I had the cash I would definately go for the 360 - the important thing is that when your driving it will feel like any other 360 - no-one else will know it's history - and you get a bargain - with zero depreciation - think about it if you got it on the road for £48K drove it for a year you would have to beat people off with a stick if you sold it at that!
err the owner desn't get a choice of rejecting the car - the insurance company decides whether it is economical in their mind to repair it, based on market value and cost of repairs. They don't give a stuff that the car will be worth less than market price post-repair.
I was tempted by an rhd 355 at decent money recently. This had been Cat D, but I wouldn't buy it without seeing pre-shunt pix.
The Maser we're talking about seems a good buy - The pix show it to be lightly damaged and I'm told it doesn't need jigging. To my mind, the only reason it's been written off is the prohibitive cost of Maser bodyshop rates. Get a good independent job done on it and it'll be a great car, but pay too much for the complete package and the car won't be much cheaper than a similar undamaged model.
I was tempted by an rhd 355 at decent money recently. This had been Cat D, but I wouldn't buy it without seeing pre-shunt pix.
The Maser we're talking about seems a good buy - The pix show it to be lightly damaged and I'm told it doesn't need jigging. To my mind, the only reason it's been written off is the prohibitive cost of Maser bodyshop rates. Get a good independent job done on it and it'll be a great car, but pay too much for the complete package and the car won't be much cheaper than a similar undamaged model.
It depende on the insurance company - trust me some really will just let it go if you put up enough of a fuss- the 3200 at cleave is a great example - that car won't have cost them more than 15K (which the insurance company will get) and could be fixed for a max of 2K - but they've paid out alot more than that.
I know of more than one person who's refused to have a car back after a smash and the insurance company have eventually caved in!!
If you were going to buy the 3200 you'd have to bear in mind that it's market value repaired is only around £24K - so you would need to get it for a lot less than they are asking to make the "hassle" worth while
>> Edited by exint2 on Thursday 19th February 12:49
I know of more than one person who's refused to have a car back after a smash and the insurance company have eventually caved in!!
If you were going to buy the 3200 you'd have to bear in mind that it's market value repaired is only around £24K - so you would need to get it for a lot less than they are asking to make the "hassle" worth while
>> Edited by exint2 on Thursday 19th February 12:49
All I will add is that I refused to have some damage repaired on my 911 by an non-approved bodyshop but was only allowed too use the official repairer when I could prove that the costs were identical.
As for the 3200, I bet it was written off due to the cost of repairs at an official repairer, rather than because the owner refused to have it back. It needs some panel bashing front and rear, a bootlid, radiator and partial (if not total) repaint. You won't get change out of £8k for that little lot....
As for the 3200, I bet it was written off due to the cost of repairs at an official repairer, rather than because the owner refused to have it back. It needs some panel bashing front and rear, a bootlid, radiator and partial (if not total) repaint. You won't get change out of £8k for that little lot....
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