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Author Topic: Category D - How much does it devalue  (Read 3155 times)

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Markie

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Category D - How much does it devalue
« on: 09 March 2007, 11:20:27 »

I know that category D is light damage and that it doesnt need a vic.

But how much does the "car industry" expect it to devalue the resale value by? ( % wise )  :-/

Looking at a very light panel damaged car as a project but need to know of the resale value.

Does anyone haev access to Glass's etc for this info ( as a pecentage devaluation)

 :y
« Last Edit: 09 March 2007, 11:20:57 by Markiec »
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Re: Category D - How much does it devalue
« Reply #1 on: 09 March 2007, 15:35:45 »

First of all has the vehicle been registered as a cat D. If it has then before you get insurance for it you will have to get an engineer's report on the repaired vehicle. This costs about £60 + vat.

The trade values the repaired vehicle 25% less than retail. If not repaired properly value is reduced further. :'(
 8-)
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Markie

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Re: Category D - How much does it devalue
« Reply #2 on: 09 March 2007, 15:50:28 »

cat D mate - it does not require any additional checks. Cat C does require VIC - vehicle inspection check from DOT.

But not on a cat d  :y
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Re: Category D - How much does it devalue
« Reply #3 on: 09 March 2007, 16:57:08 »

I stand corrected. The value would or could be up to 25% off retail. Depends on what was repaired or replaced. :y
 8-)
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Re: Category D - How much does it devalue
« Reply #4 on: 09 March 2007, 17:05:46 »

Here is a little site with information, http://www.abi.org.uk/Public/Consumer/Codes/MotorVehicleSalvage.pdf The percentage is from 'a reliable source'. ;)
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Markie

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Re: Category D - How much does it devalue
« Reply #5 on: 09 March 2007, 17:07:35 »

Quote
Here is a little site with information, http://www.abi.org.uk/Public/Consumer/Codes/MotorVehicleSalvage.pdf The percentage is from 'a reliable source'. ;)
 8-)
DaveL


Thanks Mate  :y
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Re: Category D - How much does it devalue
« Reply #6 on: 09 March 2007, 18:18:00 »

Markie, i guess Ronnie is your man really after that megga he fixed after a light front impact.
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Markie

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Re: Category D - How much does it devalue
« Reply #7 on: 09 March 2007, 18:46:20 »

Quote
Markie, i guess Ronnie is your man really after that megga he fixed after a light front impact.


Its a no goer anyway as its gone over what i wanted to pay. Still money in it though.

« Last Edit: 09 March 2007, 18:46:45 by Markiec »
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Re: Category D - How much does it devalue
« Reply #8 on: 09 March 2007, 18:48:06 »

Quote
Quote
Markie, i guess Ronnie is your man really after that megga he fixed after a light front impact.


Its a no goer anyway as its gone over what i wanted to pay. Still money in it though.



heres the link

http://cgi.ebay.co.uk/ws/eBayISAPI.dll?ViewItem&item=330095791789&ru=http%3A%2F%2Fsearch.ebay.co.uk%3A80%2Fsearch%2Fsearch.dll%3Ffrom%3DR40%26satitle%3D330095791789%26fvi%3D1
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Re: Category D - How much does it devalue
« Reply #9 on: 09 March 2007, 19:11:39 »

humm not sure on that, I reckon it could be expensive to fix. Have you got any idea on repair costs?
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Markie

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Re: Category D - How much does it devalue
« Reply #10 on: 09 March 2007, 19:14:55 »

Quote
humm not sure on that, I reckon it could be expensive to fix. Have you got any idea on repair costs?

yep
panels priced, respray costs priced ( have a mate at work who has agreement with his brother to do it - and he has a bodyshop  :y)

Theres potentially at that price about £700 in it still.

But its got a short mot, no stereo no history and due a cambelt change.

I stopped bidding at £700
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Re: Category D - How much does it devalue
« Reply #11 on: 09 March 2007, 19:33:50 »

I think the colour will devalue it more than the Cat D :-[
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Markie

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Re: Category D - How much does it devalue
« Reply #12 on: 09 March 2007, 19:34:28 »

Quote
I think the colour will devalue it more than the Cat D :-[

You are awful  ;D
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Re: Category D - How much does it devalue
« Reply #13 on: 09 March 2007, 19:36:48 »

Quote
panels priced, respray costs priced ( have a mate at work who has agreement with his brother to do it - and he has a bodyshop  :y)

How much to spray a bumper (off the car)? I fancy getting my BMW's done as it's chipped to the point the lacquer is suffering - too much triple figure driving :(
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Markie

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Re: Category D - How much does it devalue
« Reply #14 on: 09 March 2007, 19:45:51 »

Quote
Quote
panels priced, respray costs priced ( have a mate at work who has agreement with his brother to do it - and he has a bodyshop  :y)

How much to spray a bumper (off the car)? I fancy getting my BMW's done as it's chipped to the point the lacquer is suffering - too much triple figure driving :(

was quoted circa £60 for the rover - more if metallic
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