jonnyboy82

iTrader: (10)

What would you value a cat d 2005 wrx sti type uk widetrack blobeye with ppp.

Curently has 69k, with fsh, fresh 12mth mot. Colour is 01g, completely standard.

Damage was very light front, which was replace front bumper, bonnet, grill, n/s wing and headlight so very light!

Just trying to figure out whether its a good buy or not but before I disclose the price just wanted to see what your values/opinions are?

Its from a family member so I know the background and he personally bought direct form the insurance company and repaired it professionally.

plenty

iTrader: (13)

£5-£5.5k

jonnyboy82

iTrader: (10)

Interesting, looking @ matty the breaker looks as though if broken could be worth around 9k in parts!

Barxy

Problem is, if the damage was so light it would have been repaired, not written off. Everyone says the damage is light when trying to sell a ex-total lossed car.
How old was the car when it was written off?
Its fair enough when an £800 civic gets written off when it just needs say a new wing, as its not worth it, but put a £10k car in the mix and things are different. Takes a lot of damage to write it off.

I would also say about the repairs. 99% of people who buy back a write off, have it repaired cheaply, and it ends up with poor repairs poor paintwork and a lot of items that are damaged just ignored. But i guess if you already know the car then you are happy with the repairs.

It all depends, most cat d cars will be worth around 50% less than hpi clear car.

To be honest it totally depends on the car so its very difficult to give a value, but breaking it sounds like a good idea to me

jacob360

iTrader: (6)

i always say that it is worth TOPS of half the price damaged to what it is on the road, then when repaired its worth 30% less than one which has not been written off. somtimes cars are written off for very minor things, depends on the assessor, repaired quite a few over the last 5 years, current one is a 320d, bonnet, bumper headlights,rad support, crash bar, one wing and an air bag and its fixed at about £1000, this was also a cat d, non written off one worth £6k. but sometimes you will find some hidden damage

donny andi

iTrader: (3)

Cat d will still fetch 70% ish market value.
Cat c will do 60ish on a good day.
As for having them bodged up...I had a complete front end put on my old wr1 and I mean complete.....car is still going strong running way more power than when I had it.

Most tin pot bodges come from Bradford/Lancashire way so inspect harder

Barxy

Theres no way that repair is only costing £1000 unless you are using second hand parts.
New parts, even pattern, will cost waaaay more than £1000 alone, not including any labour or materials. BUT this is insurance companies for you, they dont write vehicles off based on a repair cost of being tarted up with second hand parts, they base it on a full quote to return it properly back to pre-accident condition.

It doesnt really depend on the assessor. Its depends on how much the cars worth and how much the repair costs.
All im saying is a £10,000 impreza doesnt get written off easily, it takes a substantial amount of damage. Whether it can be repaired on the cheap is a seperate matter really.

donny andi

iTrader: (3)

Mate , they get written off a piece of pi55.
It's not just the repairs , it's the 'hire' companies that double the price of the hire cars they deliver to you and all the other bits that get added on.
Every part of a insurance claim everyone is earning off it....hence a lot of cars written off just to be paid out quickly and stop any other expenses adding up

Barxy

What do you do for a living dude?

jacob360

iTrader: (6)

of coarse im using second hand parts, all the work apart from paint is done by myself, but then try and find stuff in the same colour, i wouldnt make a penny if i used brand new stuff.

nick172sport

iTrader: (6)

correct

Barxy

Nah of course, and its a great thing if you can do all the work yourself.
The bad thing is when some dodgy little backstreet garage tart up cars, dont repair any damage to the inner panels just bolt second hard parts ontop, have poor paintwork and repairwork done to exterior panels and generally ruin the car, potentially making it unsafe.
VIC tests only check its the same car and not a cut and shut, theres not really enough testing to make sure cars are repaired properly these days.
Ive spent numerous days at Thatcham doing all sorts of bodyrepair and structural repair courses, you would be amazed at the amount of damage done by only a small impact, let alone a heavy one.

jonnyboy82

iTrader: (10)

So what did it go for then?

I have also had my fare share of cat d's in the past and usually can price them up to sell but this particular one seems to fetch more in parts but not sure if I have the heart to break it?

jacob360

iTrader: (6)

still finishing the car off anything around £4.5k and im happy, its something myself and my dad enjoy doing in our spare time. ive broken a few cars before too, maybe im alittle heartless but if it pays more then go for it, packaging the stuff up is always the worst part i think

jacob360

iTrader: (6)

agree with the vic check, needs more testing than they do currently!

jonnyboy82

iTrader: (10)

I may well buy it just to break then! If its easy money then why not!

jacob360

iTrader: (6)

if i had found the advert i would! put the advert up when you have purchased it if you dont mind

jonnyboy82

iTrader: (10)

There is no advert its a family relative!

ditchmyster

iTrader: (7)

There is a big difference between new parts and approved repairers with very large premises Jigs to pull cars, ovens fully qualified staff prices and Joe bloggs buying second hand parts in the same colour and just bolting them on, the latter can be a good earner, the former is fahookin expensive.

Current wide track prices as a minter it'd be worth around the £8/8.5k mark with that mileage maybe slightly more if it's gleaming with some tasteful mods, as a cat D in good condition @ £6.5k I'd bite his hand off £7/7.5 is still a decent price provided it's straight.

None wide track £5/5.5k and still a good deal IMO if like me cat D doesn't bother you.

As for breaking, it's a ball ache, sure the main parts go quick and you'll maybe pull £5k almost over night but it takes ages to get the other £4k and I doubt you'd get much more than scrap value for the shell.

GH80

Surely the insurance company base the value of the car on book price, not what they are selling for. I know my widetrack was listed about £5.5k when I bought it last year. I have never seen one going that cheap.

jacob360

iTrader: (6)

only ever deal with bolt on repairs which dont need jig work, wouldnt want to touch something like that for then the new owner to crash and come worse off due to a dodgy repair

MattyB1983

iTrader: (51)

Spot on.

jonnyboy82

iTrader: (10)

Is yours a cat d then?

PODWRX2

Just out of interest what is the book value for these cars? I think we all appreciate that the market value for a good wide track is around £10k but it's the book prices that insurers go by.

Barxy

Insurers pay market value dude, its written on all insurance certificates.

TheVoices

iTrader: (5)

Market value is based on CAP or Glasses Guide Retail not what cars are 'actually' selling for (or more accurately being advertised for which is not the same thing !)

An undamaged UK widetrack STi on a 2005 plate with 69k miles is probably £8500 'retail', as a CAT D I wouldn't want to pay more than £6k ?

Barxy

They have to value it based on a 'happy medium' between the book value, the mileage / condition and on similar models being advertised.
For example the 05' STI is selling for much more than the book value, so theres no chance an engineer could get away with paying out book value if you cant actively replace it with that money for a 'like for a like' car. But if its vice versa and the actual value if a car is realistically far leas than the book value for whatever reason, then you certainly wont be getting paid book value.

Its all about common sense.
This is why engineers struggle hugely when a car being written off is a specialist / rare car and theres no others being sold in the UK, as they have to prove why they are offering the amount they are, incase the customer complains to the governing body, they have to be able to back it up.

BoozyDave

iTrader: (8)

I have done a lot of electrical work at an expensive car showroom, one of the owners was telling me about one of his mates that hires out posh cars. He said a bloke was scuffed on the rear wheel arch of his ferrari, he said he wanted to be repaired by ferrari in Italy, the owner also wanted a hire car in the same colour and spec as the one being repaired.
the bloke that hires out cars didn't have one, so he actually bought one in for the blokes insurance to hire, it cost him £80,000.
the bloke had it on hire for 15 months!!!
it cost the insurance £120,000 for the rental (the bloke only did 1,200 miles in it) plus the repair cost.

so the cost to the insurance company must have been £150k+. if they had just wrote the ferrari off and paid out straight away it would have cost them £90k max. so an £80k ferrari could be written off with a small scrape

Barxy

One of the only sensible responses in the thread.

This is why the above comment about hire car prices writting cars off etc is not true.
We had a car in once that had back order parts from Skoda, the car ended up being with us for a year and we constantly told the insurers they should write it off as theres no chance of getting the parts any time soon, they kept choosing to pay out for hire instead and in the end the charges came to a ridiculous cost, ontop of a major repair on a car worth only about £7,000.
This happens all the time.

And yes, customers with supercars have all sorts of demands about their hire vehicles and the insurers pay out incredible hire car bills, its very common and on of the reasons why insurance is so expensive.
Some hire companies can charge circa £500 a day for a Lambo for example.

MattyB1983

iTrader: (51)

This was my pals year old sport after a very minor shunt. We were traveling through town in it when a chap pulled in front of us.



Car only needed one wing, one headlight, grill and a bumper.
My pals insurance stated that a like for like hire car must be provided. He also uses hand controls to drive as he's in a wheelchair so these had to be fitted too.

The hand controls alone were the best part of a grand.
For one reason or another the repair company struggled to get the parts so my pal ended up with a hired brand new range rover for little over three months. The insurance claim was huge, the repair costs alone were something crazy like 10 large. The hire costs (which were argued for over a year) were over 15 grand !!! Plus the hand control costs.

So for a minor shunt needed just a few parts the total claim was approaching 30k.