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Cat D how big a hit on value?

bbvet

Trainee
Joined
1 Jan 2012
Messages
87
I would be interested to hear anyones views on Trantormans Cat D 993 NB Vario 62k miles for sale for £19k, advertised on here. Seems reasonable to me but then I bought a Cat D C2S nearly 2 years ago and haven't had any trouble or big bills with it yet, despite the usual OCD. Because I have a widebody there is always a bit of an itch to try NB but this is probably just a grass being greener thing. :lol:
 
I would say a rough rule would be of 20-30% off a non-cat example.

I would want to see pictures of the damage to satisfy myself that the damage was not massive.

If you wanted to test the waters of a NB then I`d be having a look at this car at Northway. They have a good reputation so I would expect the mechanicals to to tip top but mileage is getting up there.

Sell the hard backs on ebay for crazy money and pic up some cheap non sport seats and suddenly your`d have a pretty cheap 993 to play around with.

Porsche 911 3.6 993 Carrera 2 £17995
Body Type: Coupe
Gearbox: Manual
Interior: grey leather
Registered: 1996
Fuel Type: Petrol
Mileage: 173000
Engine Size: 3600
Finished in: Midnight Blue
.

Vehicle Specification
Spoiler
ABS
Alarm
Immobiliser
Central Locking - Remote
Driver Airbag
Passenger Airbag
Electric Mirrors
Electric Seats
Electric Sunroof
Electric Windows
Power Assisted Steering
Sports Seats
CD Player
Full Service History
Leather upholstery
17" Alloys
.

Vehicle Description

Midnight blue with marble grey leather, hard back sports seats, variorum engine, 18" sport classic alloys with new Michelin tyres, sunroof, 3rd brake light spoiler, air con, 6 speed manual transmission, koni adjustable shocks, strut brace, raid airbag steering wheel, carbon air intake, full service history, kenwood stereo, all standard parts with car also.
 

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I would say 30%, but this would be for an average priced vehicle.

Move into cherished and concours category, and a V-car entry can decimate the value (for the very best).
 
Yup, what GT4 said.
Id say any cat d, not c, puts the car at 60-65% of its market value.

You really should sell yours to me, and get yourself a narrow body.
That 19grand car would go for 16, if you turned up with the cash.

Yup.
So thats it then.
PM me, Ill be straight over.
 
Its very difficult to quantify as you need to compare apples with apples.

I would shoot for 30% but expect you would be lucky to get 20% off price of an exactly comparable car.

Having pics of damage and a bill for a quality repair is important for resale. Also expect it to take a little longer to sell on.

I had a recorded 350Z and mine was absolutely mint in a rare colour. Yes you could get a tatty Z with similar age / mileage unrecorded for the price I bought and sold mine for, but it was worth it as mine was mint.

IMHO there is nothing to be scared of in recorded cars. Any car could have had a non fault claim and been fixed, likewise underinsured incidents could have been repaired. It would take a lot of damage to write off a nearly new £65k car, so most would be repaired early in life rather than written off. Because people are scared of them its a great way to get a great car at a discount.

Inspect it as well as you would any other. No difference between Cat C and D, the cat is allocated on a financial basis.
 
ive read a lot of horror stories of people really struggling to get cat D cars insured, or having difficulties getting claims settled...not sure if this is just internet scare mongering....
 
wasz said:
It would take a lot of damage to write off a nearly new £65k car, so most would be repaired early in life rather than written off. Because people are scared of them its a great way to get a great car at a discount.

Inspect it as well as you would any other. No difference between Cat C and D, the cat is allocated on a financial basis.

The car referred to in the OP's post was Cat D'd in 1998 so when it was fairly new. If that was 2008 then the damage would not have been so significant.

As far as CAT Cvs D goes. I think its probably safe to generalise and say the most CAT C`s have more substantial damage than a CAT D. Most Insurance companies would require an engineers report if CAT C however nothing usually required for a CAT D.

Having said all that, you really have to assess each car on it merits and folder of receipts, pictures or repair and its current condition.
 
There's Cat D cars and there's Cat D cars.

If you know the history and are satisfied the damage was minimal and well repaired, then I say less 20-30% of compatible car.

Cat C with no proof but looking well is more like less 40-45% IMO
 
There is a company called autolign 01536 790272 that inspect cars with cat c or d .
They dont remove its c or d but they work with HPI and give a certificate to say its been inspected and is ok.
HPI then update this on the check.
As i say it wont clear the cars c or d but it might help with the value once you have bought it.
 
FLETCHER said:
There is a company called autolign 01536 790272 that inspect cars with cat c or d .
They dont remove its c or d but they work with HPI and give a certificate to say its been inspected and is ok.
HPI then update this on the check.
As i say it wont clear the cars c or d but it might help with the value once you have bought it.
Many years ago that inspection would remove a car from the "hit list".
As you say it would certainly increase buyer confidence when you came to sell.
 
If it was me, I would assume as a rule of thumb that the car is worth a max of three quarters of its equivalent market price. For the purposes of prudence, I would further assume that on resale I would potentially need to discount by a further quarter off this lower price.

I you could swallow this potential hit, then go for it. For a car with an equivalent market value of say 19k, this would mean paying no more than say £14k in the expectation of selling it later for about £10.5k. This financial hit may not happen of course, but thinking this way helps to clarify one's attitude towards the risks.

I had similar qualms when I bought a "grey import" Toyota Celica GT4 in the 1990's. There were all sorts of issues at the time in terms of support from the official Toyota network, subtle differences in parts etc. I adopted a similar valuation rule of thumb, bought the car and enjoyed owning it over a period of more than ten years!!

The motto is, if you're going to buy such a car, do so with eyes wide open and prepared to take a financial loss if you have to.
 
funkyrimpler said:
ive read a lot of horror stories of people really struggling to get cat D cars insured, or having difficulties getting claims settled...not sure if this is just internet scare mongering....

No problems my end, just get a good Insurance company.
 
For £35k this "looks" a cracking example. Get a thorough PPI done and if it comes through clean then enjoy the £30k saving over a non-cat example.
Obviously you would need to get the correct black wheel nuts for the front :nooo:




Model Year: 1998
Price:£34,980
Mileage: 39,000 Miles

Here We Have Our Stunning, Extremely Rare And Truly Unique Porsche 911 993 Turbo Finished In Unmarked Artic Silver With A Carrera Red Leather Interior. Our Car Is Not Only A Fantastic Investment Oppurtunity But Also Provides An Unbelievable Driving Experience With Its 3.6 Litre Air Cooled Engine And World Renowned Porsche Build Quality And Soul. Widely Considered The Last Of The True 911'S This Car Truly Is A Masterpiece. Our Car Is Sadly On The V Car Register But Nether The Less Is Probably One Of The Best Examples In The Country And Is In Beautiful Condition Throughout With A Full Porsche Main Dealer/Specialist Service History And Boasting The Following Specification..... 18" Unmarked Alloy Wheels..... Full Red Leather Interior..... Factory Aero Kit..... Sports Exhaust..... Winged Sports Seats..... Electric Sunroof..... Alpine Audio..... 6 Speed Gearbox..... Rear Wiper..... Air Conditioning..... Please Do Not Hesitate To Book Your Inspection On This Beautiful And Unique Car As It Will Not Be In Stock For Long..... Deposit Secures This Vehicle.....
 

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Would agree this looks seriously good value. Chance to own a 993 turbo on a more realistic budget. Provided it checks out ok can't really see this as much of a risk
 
Dream911 said:
Obviously you would need to get the correct black wheel nuts for the front :nooo:

Is it two half-cars welded together?

I could never buy a car from someone Who Uses A Capital On Every Word.

Or more importantly who can't be bothered to match the wheel nuts. What else under the skin has been a botch job? :what:
 

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