Discussion
Insurance write offs fall into several categories, with Cat D being the lowest.
It is possible that when it was recovered it had zero damage, however the insurance had already paid out.
More likely is that is was damaged during the theft, and was considered uneconomical to repair - the insurance company would seek main agent quotes to replace parts and repair at their rates.
Imagine an E46 M3 that had been stolen, and sustained damage to door upon entry, interior during starting, scuffed alloys and bodykit during the drive etc etc etc.
The main agent cost of replacement parts (they don't tend to fill and repair if a bolt off and bolt on is quciker) and the associated labour will quickly escalate to a level where the bill will come close to the adjusted value of the car.
Damage will usually be cosmetic, and repairing alloys and bodywork is cheaper than replacing by far. That's why they come back on the road and can be an attractive purchase.
I'd want to see an honest car from an honest source that included pictures of the extent of the damage prior to repair (if any), and reams of paperwork to document the repairs. You can be sure that the car is what you think it is then, and this will also be valuable come re-sale
It is possible that when it was recovered it had zero damage, however the insurance had already paid out.
More likely is that is was damaged during the theft, and was considered uneconomical to repair - the insurance company would seek main agent quotes to replace parts and repair at their rates.
Imagine an E46 M3 that had been stolen, and sustained damage to door upon entry, interior during starting, scuffed alloys and bodykit during the drive etc etc etc.
The main agent cost of replacement parts (they don't tend to fill and repair if a bolt off and bolt on is quciker) and the associated labour will quickly escalate to a level where the bill will come close to the adjusted value of the car.
Damage will usually be cosmetic, and repairing alloys and bodywork is cheaper than replacing by far. That's why they come back on the road and can be an attractive purchase.
I'd want to see an honest car from an honest source that included pictures of the extent of the damage prior to repair (if any), and reams of paperwork to document the repairs. You can be sure that the car is what you think it is then, and this will also be valuable come re-sale
Gassing Station | BMW General | Top of Page | What's New | My Stuff