Value of stolen/recovered car
Discussion
My car was nicked last week - see www.pistonheads.com/gassing/topic.asp?t=167031
If by some miracle it's not either burnt out in a field somewhere or on a container ship to Amsterdam, would having been nicked affect its resale value? Would it show up on an HPI check? Would, indeed, you as a buyer expect the seller to tell you that some scrote had had his way with the car for a few days?
If by some miracle it's not either burnt out in a field somewhere or on a container ship to Amsterdam, would having been nicked affect its resale value? Would it show up on an HPI check? Would, indeed, you as a buyer expect the seller to tell you that some scrote had had his way with the car for a few days?
Well Deckster, a stolen recovered is recorded as a cat x. Which means it literally has been found following being reported as a stovec, generally minus it's keys.
For some bizarre reason it does affect resale, not in teh same way that a cat c or cat d does but they are generally cheaper to buy.
It wouldn't stop me buying one, and if you have a look on www.dhales.co.uk you will see there are a couple of nice cars, cat x, namely a Jaguar XJ8 and a BMW 528I, both stolen recovered, minus keys, but absolute bargains.....bit of a gamble though as obviously they can't be heard running..
For some bizarre reason it does affect resale, not in teh same way that a cat c or cat d does but they are generally cheaper to buy.
It wouldn't stop me buying one, and if you have a look on www.dhales.co.uk you will see there are a couple of nice cars, cat x, namely a Jaguar XJ8 and a BMW 528I, both stolen recovered, minus keys, but absolute bargains.....bit of a gamble though as obviously they can't be heard running..
raceboy said:You don't know how much abuse the car was given before it was found again, and there's often a problem with the owners not wanting the car back as it has now been "tained" by the arses of scum theives.
But if it's found before the insurance have paid out, and it's got no or very little damage, surely it's just fixed and handed back to the owner, just like after any 'accident' therefore it wouldn't be registered as anything, so the value would not be affected at all
At least with an accident repair, you are well aware of the circumstances of the accident and repairs can be guaranteed.
When your car is stolen, who's to know what happened while it was out of the owner's possession?
Though saying that, I'd buy a stolen car on the cheap. I don't however know if I want my stolen car back if it's ever recovered.
I had the "pleasure" of having an ML55 stolen from outside the Dorchester 2 years ago - lots of TV images but 
all action - if they want it they'll have it! Best not to get it back unless it is within a few hours - if it was worth anything, it is probably abroad now, or in processing awaiting shipping (lead lined to f*uck trackers). Good luck, but don't hold you breath on it.
all action - if they want it they'll have it! Best not to get it back unless it is within a few hours - if it was worth anything, it is probably abroad now, or in processing awaiting shipping (lead lined to f*uck trackers). Good luck, but don't hold you breath on it.Yeah, my feelings are pretty much that I don't want it back (and after 5 days that's looking pretty unlikely).
I was just curious - and still am, I guess - presumably if you run an HPI check on the car right now it'll come back as 'hot as hell' so does this get completely wiped if the car is recovered, or does it still show up as having been stolen at some point in the past? What Mike said makes sense if the police get it and don't have the keys but that wouldn't be the case here.
Personally I'd want to know and would definitely expect a bit off normal price, for some indefinable reason I can't quite put my finger on.
I was just curious - and still am, I guess - presumably if you run an HPI check on the car right now it'll come back as 'hot as hell' so does this get completely wiped if the car is recovered, or does it still show up as having been stolen at some point in the past? What Mike said makes sense if the police get it and don't have the keys but that wouldn't be the case here.
Personally I'd want to know and would definitely expect a bit off normal price, for some indefinable reason I can't quite put my finger on.
Dragging this one up from the deeps...
The car was recovered with minor damage a week after being stolen - it needed a new alloy and the rear bumper was scratched. I then part-exed it into a Volvo main dealer who couldn't give two stuffs that it had been nicked as long as it hadn't been declared a total loss - so now you know!
The car was recovered with minor damage a week after being stolen - it needed a new alloy and the rear bumper was scratched. I then part-exed it into a Volvo main dealer who couldn't give two stuffs that it had been nicked as long as it hadn't been declared a total loss - so now you know!
Had an old Nova as a runaround a couple of years ago which was stolen. The car was absolutely ragged around from the moment it was stolen. How could I tell? Because the exhaust wasn't exactly standard or quiet and I could hear it clearly being caned. We went out to find it but they were taking more chances than we were prepared to. Car was found a couple of days later and I contacted the insurance and told them I refuse to have the car back so they might as well pick it up.
Note to oneself: read the fecking thread before reply. scared but happy said:
Err. Strange thing to ask. But... Have you done an HPI check on your own car? (well its hardly a £50 ford is it).
Was that aimed at me? If so then - as I was selling to a dealer then no I didn't. If I'd sold the Lexus privately then yes I would have done, just so I could show it to any buyers and be up-front about it. Have to confess I'm still curious as to what it would say!
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