How does a new engine effect valuation?

[Redbrix]

Hi, I am looking at a second hand Caterham to purchase.

The engine was replaced apprx 4 year back, apparently by Caterham but there is no documentation at present to substantiate this. (Have requested that this be confirmed)

Assuming the above can be substantiated, and that it was a brand new Duratec replacement fitted by Caterham, how would this effect the value of the car?

Also this engine has DIY servicing from new....just trying to understand how this would effect value - any comments?

Car is a 2007 R400D

[Redbrix]

Thanks DCL,appreciate your comments.

I dont have an issue with DIY self service, but I just do not understand someone doing that but not keeping copies of the Caterham service parts receipt plus a written note of what was done and when, for the record. Not doing that puzles me, but maybe I am asking too much.

The same issue with the engine replacement. Overall I dont have a problem as long as its carefully documented, but in this case it isnt so there are no guarantees that it was a new Caterham 210bhp Duratec engine.

[Redbrix]

framerateuk said:

If it was fitted by Caterham, I can't imagine it would have been anything other than a new engine.

Agreed. All the more reason to have kept the all important documentation.

[Redbrix]

Toaster said:

How does anyone know they service their car 'better' than any garage?

Mine is always serviced by Caterham never had an issue I have kept the car standard and whilst its now nearly 10 years old looks in better condition (IMHO) than many year to 18 month old cars

So a potential buyer has a clear owner history, a clear history of the service record and that must have a certain value compared to someone who states they service their car better than any Garage (of course any seller will say that)


I will get my coat now .......................

I am with you. I just dont get the 'no record' approach and would definitely pay more for a recorded history whether that be DIY or Caterham/independant.