Insurance write off record

[djcla]

If you saw a car that had been written off because it was stolen but consequently recovered but no accident damage would it put you off?

Dave

 

[xenon]

Depends. It would always be on a register and the insurance would be more expensive as a result. Unfair, but there you go. The sale price would need to reflect that it was recorded. Make sure you buy one with a pukka immobiliser [8D]

 

[random hero]

Ive never heard of the insurance being more expensive as i have had several cat c/d write-offs over the years and have never had to pay extra for insurance. The only down side is resale value and sometimes they take longer to sell !!

 

[xenon]

I thought it was? I was told that anyway - but since I've never had a cat c / d car I'll shut up....[X(]

 

[random hero]

Write offs have always been a grey area ,alot of people are put off buying a car if it is has been accident damaged as they think of 2 halfs welded together etc but in reality it can actually be next to nothing,my old 84 944 was written off 3 years ago and all it needed was a repair to the n/s wing/bumper and an indacator lense !! Most people how are genuine will usually take pictures if the car with the damage before it is repaired so its always worth asking and as long as the repair is done properly i wouldnt let it put me off buying a write off as long as its reflected in the price.

 

[pauljmcnulty]

i wouldnt let it put me off buying a write off as long as its reflected in the price.

Exactly - a good repair, documented and photographed, to light damage could actually improve a car but would mean a substantial reduction in the price you pay. And, of course, sell it again for.

With stolen/recovered you might have no accident damage but possibly non-matching keys, or a really thrashed car. Hence, as always, it's got to be a significant discount but not to be ignored.

 

[Nouveau]

Just to put this in Context...
I had an Accident a Few weeks ago...which cause front wing damage (see other Post..and still looking for a good wing!).....The insurance were quite happy to write it off..
Obviously, only the wing was damage...a few hundred to repair (if one can do it) but with new parts and labour it amounts more than the car Value!..
Madness

 

[djcla]

Phoned up an insurance broker regarding this and it appears that you need a engineers report and vaild MOT certificate in order to insure that car which is a cat D i never new that. this would make a potential purchase a little more risky i would think, i guess it would depend what proof there was of the work carried out and what was done.

 

[random hero]

Ive never heard of this before,ive insured several cat d/c write offs and never had any engineers reports,the only thing i had to have was a VIC check to obtain a log book on a car that i bought damaged and repaired myself but once you have the logbook thats it !!

 

[djcla]

have you ever actually told the insurance company it is a cat 3/4 write off though , as reading the internet i am not the first to have come across this.

 

[random hero]

Yes ,i have allways told them just to be on the safe side plus a cat c write off is marked on the logbook anyway .

 

[djcla]

might be certain insurers require an engineers report other do not, a few people i would guess don't even mention it which may void there insurance at a guess.