Damaged 3 for sale
Discussion
Hi I'm looking at the damaged M12 3 that's up for sale in the classifieds.
http://www.pistonheads.com/classifieds/used-cars/n...
I'm still working out in Macau at the moment so I couldn't use it at the moment any how, so this might work for me.
It looks like it needs a new front end and some body work.
Who would be able to do this work, I heard good things about Jetstream?
Is it worth £9000?
What do we think the total rebuild costs would be?
Peter
http://www.pistonheads.com/classifieds/used-cars/n...
I'm still working out in Macau at the moment so I couldn't use it at the moment any how, so this might work for me.
It looks like it needs a new front end and some body work.
Who would be able to do this work, I heard good things about Jetstream?
Is it worth £9000?
What do we think the total rebuild costs would be?
Peter
The damage to the rear looks fairly superficial and rear clams are being advertised on eBay for £850. Finding a front clam will be more of a challenge but I'm sure there will still be a few about.
If you were good with the tools and could perform the work yourself, £9K may not be a bad starting price considering the extra work required however you have to remember it's being classified as Track Use only, so I'm assuming this will be registered as CAT B and you won't be able to make it roadworthy again.
If you were planning on having someone else rebuild this for you, I don't think it's commercially viable.
If you were good with the tools and could perform the work yourself, £9K may not be a bad starting price considering the extra work required however you have to remember it's being classified as Track Use only, so I'm assuming this will be registered as CAT B and you won't be able to make it roadworthy again.
If you were planning on having someone else rebuild this for you, I don't think it's commercially viable.
The guy on eBay selling rear clams also has front for similar, he can also do side panels and the steelwork if necessary. As mentioned this doesn't look too serious. I would email the pictures to him (ebay - Mark) and get a fix price, but at 9k I would be ready to get started. 1 thing I would like to know is why it says track car though, why not fix to back on road?
having looked at that car it wouldnt be that hard to repair and looks worth the money... I have most of the bits spare lol
i've got a standard front clam, rear clam, doors and side A pillars for sale... i'm even going to sell the front intake ducts as removing mine soon.
Im not yet prepared to make carbon panels for sale, but I might make front clams and a pillars... doors and rear clip would be highly unlikely as they are too difficult to make for a reasonable cost (ie Id want a fortune as they are a huge amount of work). But I will be selling my existing rear carbon clam as Im making a new one with the weave perfect!
i've got a standard front clam, rear clam, doors and side A pillars for sale... i'm even going to sell the front intake ducts as removing mine soon.
Im not yet prepared to make carbon panels for sale, but I might make front clams and a pillars... doors and rear clip would be highly unlikely as they are too difficult to make for a reasonable cost (ie Id want a fortune as they are a huge amount of work). But I will be selling my existing rear carbon clam as Im making a new one with the weave perfect!
Its a cat B, obviously there have been a couple of cat B cars in the past and they are on the road, so still not sure about how that works as said before in previous threads cat C & D are only allowed back on the road.
Cant believe if its no chassis damage why is it a B, surely cosmetics at worst its a C.
Think these insurance assessors are writing them very easily because they do not know what they are looking at.
Cant believe if its no chassis damage why is it a B, surely cosmetics at worst its a C.
Think these insurance assessors are writing them very easily because they do not know what they are looking at.
FYI, see this...
http://www.telegraph.co.uk/motoring/road-safety/92...
Also picked this up from an old wrecks2riches.co.uk article - so why not Cat X for these Nobles then?
Salvage Catagories – Cat D, Cat C, Cat B, Cat X:
Some useful tips when buying damaged cars with the view to repair – Take heed of the Category of the damage, as this will affect your resale, and future cars value!
When an insurer takes the decision that a damaged car is an uneconomical repair, and writes it off, they assign a salvage category.
You will pretty much always see the classification of the salvage category on all the auto Salvage websites, and when buying a damaged car to repair and later sell, its very important to take the salvage category into consideration. Ultimately the category will affect the final value of the car, and what you can sell for!
Cat A - Not for resale. Fire damaged (burnt-out), flood damaged (contaminated or salt water), severely damaged with no serviceable parts, or heavily stripped (shell).
Notification of Destruction required. (To be crushed). Recorded at DVLA & HPI.
Cat B – Not for resale. Damaged beyond economical repair and/or severe structural damage.
Notification of Destruction required. (Parts can be removed and sold). Recorded at DVLA & HPI.
Cat C – Repairable salvage. Generally applies to older vehicles. Can be sold for repair but must now have VIC inspection.
Recorded at DVLA & HPI.
Cat D - Repairable salvage. Minimal damage sometimes stolen and found after claim has been paid, or cost of repair combined with difficulty obtaining new parts to enable a swift repair.
Recorded with HPI.
Cat X – Repairable salvage. Not recorded on any registers such as HPI. Limited or very light damage, or vehicle is new or less than 12 months old. Usually requires minimal repair work.
NOT Recorded with HPI.
If you are buying to repair and sell, your more than likely to opt for the simplest, Cat X, which is not recorded on HPI, once repaired to a high standard no one will ever know its been an uneconomical repair from an Insurer. There are loads of reasons an Insurance company might not be able to repair, and may decide to write it off, it may not necessarily always be because its uneconomical to do so. Often customers with new cars, will demand a brand new replacement or for Hire car companies, who just don’t want to up their insurance premium by claiming.
Cat D is still good for repair, and can still be very light damage which is easily repaired. Just it will be recorded on HPI – When you come to sell you must make sure to tell any buyers it is a CAT D damaged repaired car.
Cat C is also still OK for repair, but once repaired will require a DVLA VIC (vehicle identity check) This is a fairly simple process, but may take some time to complete being that its the DVLA. Again, when you come to sell the car you need to make it very clear that the car was CAT C salvage, and that the car has had damaged and been repaired.
http://www.telegraph.co.uk/motoring/road-safety/92...
Also picked this up from an old wrecks2riches.co.uk article - so why not Cat X for these Nobles then?
Salvage Catagories – Cat D, Cat C, Cat B, Cat X:
Some useful tips when buying damaged cars with the view to repair – Take heed of the Category of the damage, as this will affect your resale, and future cars value!
When an insurer takes the decision that a damaged car is an uneconomical repair, and writes it off, they assign a salvage category.
You will pretty much always see the classification of the salvage category on all the auto Salvage websites, and when buying a damaged car to repair and later sell, its very important to take the salvage category into consideration. Ultimately the category will affect the final value of the car, and what you can sell for!
Cat A - Not for resale. Fire damaged (burnt-out), flood damaged (contaminated or salt water), severely damaged with no serviceable parts, or heavily stripped (shell).
Notification of Destruction required. (To be crushed). Recorded at DVLA & HPI.
Cat B – Not for resale. Damaged beyond economical repair and/or severe structural damage.
Notification of Destruction required. (Parts can be removed and sold). Recorded at DVLA & HPI.
Cat C – Repairable salvage. Generally applies to older vehicles. Can be sold for repair but must now have VIC inspection.
Recorded at DVLA & HPI.
Cat D - Repairable salvage. Minimal damage sometimes stolen and found after claim has been paid, or cost of repair combined with difficulty obtaining new parts to enable a swift repair.
Recorded with HPI.
Cat X – Repairable salvage. Not recorded on any registers such as HPI. Limited or very light damage, or vehicle is new or less than 12 months old. Usually requires minimal repair work.
NOT Recorded with HPI.
If you are buying to repair and sell, your more than likely to opt for the simplest, Cat X, which is not recorded on HPI, once repaired to a high standard no one will ever know its been an uneconomical repair from an Insurer. There are loads of reasons an Insurance company might not be able to repair, and may decide to write it off, it may not necessarily always be because its uneconomical to do so. Often customers with new cars, will demand a brand new replacement or for Hire car companies, who just don’t want to up their insurance premium by claiming.
Cat D is still good for repair, and can still be very light damage which is easily repaired. Just it will be recorded on HPI – When you come to sell you must make sure to tell any buyers it is a CAT D damaged repaired car.
Cat C is also still OK for repair, but once repaired will require a DVLA VIC (vehicle identity check) This is a fairly simple process, but may take some time to complete being that its the DVLA. Again, when you come to sell the car you need to make it very clear that the car was CAT C salvage, and that the car has had damaged and been repaired.
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