Discussion
http://www.pistonheads.com/sales/1549529.htm
"Stolen recovered so hence the price"
What is the usual situation with stolen and recovered cars? Do they normally go for cheaper despite having nothing wrong with them just because they were stolen? Or is there more to this than it just being stolen recovered.
"Stolen recovered so hence the price"
What is the usual situation with stolen and recovered cars? Do they normally go for cheaper despite having nothing wrong with them just because they were stolen? Or is there more to this than it just being stolen recovered.
If you take the ad at face value, then the car will be Cat D which wipes a large percentage off its value, as incurance will have paid out. Was it stolen with keys? If not then lock damage minimum plus it's been joyridden. How long was it missing for? So many questions, and I doubt answers would be forthcoming.
If you get a lot of questions answered and are happy with the condition plus you'd have to source the history (if it's got any on hondas system).
If you're going to be keeping it for years then it's worth a look as the relevance of dodgy history deminishes over time. (I sold a car recently that was cat d 4 years ago but only got 10% less than Market value).
If you're going to be keeping it for years then it's worth a look as the relevance of dodgy history deminishes over time. (I sold a car recently that was cat d 4 years ago but only got 10% less than Market value).
andye30m3 said:
Would you generally get history with a stolen recovered car?
I would imagine it would get lost between the insurance paying out and the car being recovered.
Not a big issue on a newish car as the main dealer network will have records.
A car this age should have had 1 service, maybe 2 services. The important bit of history is:I would imagine it would get lost between the insurance paying out and the car being recovered.
Not a big issue on a newish car as the main dealer network will have records.
What happened between being stolen and being recovered?
If it was damaged during that time then you'd want to know exactly what, if it was just taken and parked up somewhere it could be a bargain.
Generally cars which have been claimed through insurance as Cat C, Cat D ect... are usually higher on your insurance premiums, so you'll have to do some calculations of how much you'll REALLY be saving if you go with the stolen recovered car... I know that usually these cars go for about 2-3k more than this one is priced, but think of it this way, you're looking at this advert and having doubts about the car, whats to stop whoever's thinking about buying the car off you when you want to sell it to be thinking the same?
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