Insurance Write-Offs, what is a 'V Car'?
Discussion
I'm looking at a small mpv runabout with very low miles, Excellent condition, paintwork, etc. But dealer say's it's a 'V Car', does anyone know what he is talking about. Say's it is an insurance write-off. Apparently fire damage, and all the interior panels have been refitted new. My question is, what exactly is a V5, and any tips on what questions to ask him would be appreciated. (no wisecracks, please...)
agent006 said:
V <A TITLE="Click for more information about car" STYLE="text-decoration: none; border-bottom: medium solid green;" href="http://search.targetwords.com/u.search?x=5977|1||||cars|AA1VDw">car</A> is a register for all cars that have been written off. Class A and B are unfit to drive and should be broken up (B for parts and A just plain broken up). Anything else can be repaired.
Agent, are you absolutely sure abou the 'b' category, the reason i ask, is because the dealer has a shiny example on his forecourt, and when i phoned, he said it was a cat b!
A V car may refer to DVLA Form V23 - vehicle has been previously damaged, and has been deemed by insurers as beyond economical repair.
As a Traffic Officer, there are a surprising number of cars showing "V23 submitted" when PNC checked... Many of them are in fine order, bought by dealers and repaired.
If you're concerned, perhaps an HPI check or similar would give some more history. I know its a few quid to check, but may be worth considering if you're thinking of spending a bit on the car.
As a Traffic Officer, there are a surprising number of cars showing "V23 submitted" when PNC checked... Many of them are in fine order, bought by dealers and repaired.
If you're concerned, perhaps an HPI check or similar would give some more history. I know its a few quid to check, but may be worth considering if you're thinking of spending a bit on the car.
They're a good way of getting a lot of car for not so much money though.
There must be a period of time after which "V" cars just assume normal values again. There are a lot of classics out there which have led very "interesting" lives (my TR for one) and which have subsequently been restored to show winning standards. When cars enter the realm of enthusiastic special interest, actual condition seems to become the price point indicator rather than the fact that the car was stuffed at some time past. Also, some cars can be written off for limited damage. EG, my Quattro was written off because the boot floor got itself bent - and at that time replacement Quattro boot floors cost about four grand or something stupid.
There must be a period of time after which "V" cars just assume normal values again. There are a lot of classics out there which have led very "interesting" lives (my TR for one) and which have subsequently been restored to show winning standards. When cars enter the realm of enthusiastic special interest, actual condition seems to become the price point indicator rather than the fact that the car was stuffed at some time past. Also, some cars can be written off for limited damage. EG, my Quattro was written off because the boot floor got itself bent - and at that time replacement Quattro boot floors cost about four grand or something stupid.
ScoobyZoom said:
ScoobyZoom said:
good work vee... vcar = half of true price and a bitch to sell on
Its funny, if you read similar threads on the subject some folks tend to disagree....... normally the ones trying to sell one!
but am i right though mate?
yep mate, said the very same thing myself on said threads!
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