2001 Boxster S - Cat d - whats it worth?
Discussion
I want to get back into a Porsche before im forty years old and have been looking for a Boxster S.
Have found a nice looking 2001 model with 73 miles advertised for £5150. The car is a cat d with some evidence of paint on the NSF wing. It will need new rear tyres and a cv gaitor doing soon. Hood is creased too.
How much is this car worth? Its blue with black leather, otherwise in good shape. Plenty of Porsche OPC history and a years MOT.
Any help appreciated.
Have found a nice looking 2001 model with 73 miles advertised for £5150. The car is a cat d with some evidence of paint on the NSF wing. It will need new rear tyres and a cv gaitor doing soon. Hood is creased too.
How much is this car worth? Its blue with black leather, otherwise in good shape. Plenty of Porsche OPC history and a years MOT.
Any help appreciated.
When was it put on VCAR (Vehicle Condition Alert Register) as Cat D? At some point the car sustained damage that made repairing uneconomical for the insurance company, compared to them keeping the car to sell and settling the claim - if it was a couple of years old at that time then there's a good chance it would have been a high repair cost (i.e. heavy/heavy-ish damage), much less so if it was recent.
For example, a front corner light nudge that damages the bonnet, bumper, wing, headlight, radiator, aircon condensor etc could cost £3k-£5k to repair at an official Porsche bodyshop, and would just have been done on a newish car, with no marker recorded etc. The same (or even a lighter) bump on a 10 year old car would make it much more viable for the insurance company to pay out the market value and sell the salvage, with a Cat D marker. It can then be repaired with used parts (that could be newer than the damaged ones) at a non-Porsche bodyshop for a lot less money.
A car being Cat D means it needs a little research but assuming you'd get an inspection done anyway, that should cover everything. However, the market value is still affected and may limit your insurance options (some insurers won't cover any vehicle on VCAR). From what you've said so far it doesn't sound like much of a bargain, but if it turns out to have been particularly well maintained with good brakes/rads/clutch/tyres/suspension etc etc then it could be a much better buy than a sightly dearer "straight" car that'll need some of that stuff doing now/soon (as many will).
For example, a front corner light nudge that damages the bonnet, bumper, wing, headlight, radiator, aircon condensor etc could cost £3k-£5k to repair at an official Porsche bodyshop, and would just have been done on a newish car, with no marker recorded etc. The same (or even a lighter) bump on a 10 year old car would make it much more viable for the insurance company to pay out the market value and sell the salvage, with a Cat D marker. It can then be repaired with used parts (that could be newer than the damaged ones) at a non-Porsche bodyshop for a lot less money.
A car being Cat D means it needs a little research but assuming you'd get an inspection done anyway, that should cover everything. However, the market value is still affected and may limit your insurance options (some insurers won't cover any vehicle on VCAR). From what you've said so far it doesn't sound like much of a bargain, but if it turns out to have been particularly well maintained with good brakes/rads/clutch/tyres/suspension etc etc then it could be a much better buy than a sightly dearer "straight" car that'll need some of that stuff doing now/soon (as many will).
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