Buying Insurance Jobs

[u47sb2 27 2 Cars]

Just bought a cat D direct from salvage. Category D VW Passat 2009 40,000 miles. Once it's repaired it'll hopefully be cheap motoring for me for a while. Anyone else here done this?

[ALEX 98 1 Cars]

Never done it but resale value will suffer.

[welshpug 1,657]

kind of, have had two cars written off and kept them

[omega 82]

watch out as some insurance companies wont insure cat c,d cars.

[ORB 227 1 Cars]

I occasionally take cat C/D repaired cars in as PX's and the general rule of thumb is that they are worth half book in repaired condition.

[minimaniacwhyard 17]

Really want to do this never have done though. I dont really know where to look to be honest with you. Not too fussed about aftersale value if you get your self a good car

[u47sb2 27 2 Cars]

Yep, the reason I've gone for this is to get something cheaply that will cover a lot of miles over 3-4 years. Resale value doesn't bother me: when it comes to selling if it's worth 1k instead of 2k it's no great loss (considering it should save me about 4-5k at this end of ownership compared to a non-cat D car, and I plan to take it up to 120,000+ miles).

 

Some insurers are a bit funny but most will insure with documented repairs and an engineers report. I think swiftcover are about the only ones that pointblank refuse to.

 

There are various salvage auction sites out there but I wouldn't buy without the person doing the repairs first having a look over it. And I suppose like any project repair estimates can grow. So far so good though, car now in the garage and work has started. Airbags ordered less than what I thought and the strip down has begun.

 

If it all comes good then the money saved will go towards another 205, or a nice engine for the rally car.

[Tom Fenton 1,542]

As long as you go into it with your eyes open (it sounds like you are) then you've nothing to lose and everything to gain, you'll end up with a late model car for a fraction of the price.

[dcc 855]

Just to offer this up

 

My c2 code 2008 1.6 16v, 42k miles, 4 brand new tyres, its got heated leather seats, fully serviced but was written off a few weeks ago by a lorry outside work and offered for me to buy back yesterday at 559 + 220 for delivery back to me.

 

Cat c, needs drivers door, rear quarter and window. Was a very good car and gave me 40-42mpg continuously.

 

I don't really want it back but if anyone on here wants it let me know today. Its a good car still drives well. Id suggest 800-1000 and itd be good as new.

[mowflow 67]

You buy them cheap, you sell them cheap. The trouble is that they are never easy to sell even when cheap because the vast majority see the word "CAT" in an advert and stop reading straight away.

 

I always go by the thought that If you intend to sell something on at some point then don't buy it if you will be pissed off at the prospect of having to keep it forever should nobody want it.

[u47sb2 27 2 Cars]

A wee update: the repair job is going well and under budget so far. Only hiccup has been the airbags which were sent to the wrong address! Should have it on the road next week.