buying a 'cat D'????
Discussion
I'm sure others will be along to comment shortly but logic says It will all depend of the quality of the repair and the amount of discount the car is valued at vs. an un Cat D car.
A fully documented and photographed repair would be advisable as would a fully top to tail inspection and test - would the seller pay for an OPC 111 point inspection?
I know a few people who have/had cat D's with no issues, but there are no warranties - "let the buyer beware" rules unfortunately.
A fully documented and photographed repair would be advisable as would a fully top to tail inspection and test - would the seller pay for an OPC 111 point inspection?
I know a few people who have/had cat D's with no issues, but there are no warranties - "let the buyer beware" rules unfortunately.
JM1962 said:
Its easier to get rid of herpes than a cat D car at resale time. Needs to be 30% cheaper than a comparable car.
Tradionally the discount on buying AND selling has been 25%I've bought and sold a Porsche that was cat D. It is helpful to have detailed information about the repairs. I bought the car at a discount and sold it 2 years later at just under the normal market price.
Cat d on a later 997? That's a big repair (£25K at least?), and a rear-end shunt could damage a lot of mechanicals.
It might well have had loads of new parts, and be a bargain compared to a non-damaged car. Might have a new engine in it, for instance.
Re-sale is the killer. You're asking here about a car you know: imagine dealing with trying to sell it to strangers, when buyers are asking the same question on PH in a few years time?
If you plan to keep it for a significant time, ten years perhaps, and the repair really was 100% perfect, and you're prepared to sell it for a giveaway price in the future, then it could be the right car. I'd expect 30% at least off comparable car's values, which is a fair chunk of money to save.
It might well have had loads of new parts, and be a bargain compared to a non-damaged car. Might have a new engine in it, for instance.
Re-sale is the killer. You're asking here about a car you know: imagine dealing with trying to sell it to strangers, when buyers are asking the same question on PH in a few years time?
If you plan to keep it for a significant time, ten years perhaps, and the repair really was 100% perfect, and you're prepared to sell it for a giveaway price in the future, then it could be the right car. I'd expect 30% at least off comparable car's values, which is a fair chunk of money to save.
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