|
||
|
5th June 2021, 16:51 | #1 |
This is my second home
Small Join Date: Feb 2010
Location: Land of the Eel
Posts: 6,315
Thanks: 2,328
Thanked 2,991 Times in 1,431 Posts
|
Buying a repaired car
Hi Folks
Does anyone know if a vehicle that has been declared a total loss and then repaired has much effect on insurance for said vehicle? Vehicle in question has only had a couple of body panels replaced. |
5th June 2021, 18:38 | #2 |
Avid contributor
rover 75 tourer Join Date: Nov 2010
Location: birmingham
Posts: 123
Thanks: 107
Thanked 33 Times in 25 Posts
|
As I understand it they will charge you the same to insure it but if you make a claim they will only pay you out scrap value alright if you intend to keep the car and run into the ground I found this out once when I went to look at a car private sale when I hpi it it came back as a total loss and only worth scrap money at the time they said about 450.00p not the 3000.00p he wanted the car looked great and full mot as well I stand to be corrected but that's what I was told
Regards Paul |
5th June 2021, 19:43 | #3 |
I really should get out more.......
rover 75 contemporary se cdti + rover 75 connie cdti work horse Join Date: Nov 2010
Location: West lothian
Posts: 2,258
Thanks: 217
Thanked 424 Times in 189 Posts
|
In my experience,it totally depends on the insurance company, some won’t even touch a category car, others have no problem at all insuring them. Exactly the same if you make a claim, some won’t pay full value, some will. I’ve never heard of any only offering only scrap value though
__________________
TOO MANY ROVERS @ CDL autotec Scotland's rover 75/mg zt service,repair & enthusiast centre Used parts.....servicing.......mechanical repairs.......modifications Call Duncan 07415 251 705 |
5th June 2021, 19:48 | #4 |
This is my second home
MG ZT-T 190 Monogram Typhoon Join Date: Jan 2009
Location: Oxfordshire
Posts: 4,704
Thanks: 328
Thanked 557 Times in 443 Posts
|
Hastings wrote off my ZT-T then refused to continue insuring it. Very helpful ( not) when the claim takes months to settle and you have to find another insurance company who then 'have' to charge you a fortune due to the fact the claim is still unsettled. It ended up being cheaper for me to buy another car and continue the policy with Hastings for the rest of the term. Not with them now though. |
5th June 2021, 21:11 | #5 |
I really should get out more.......
MG ZT-T 260 Join Date: Feb 2016
Location: Witney
Posts: 2,503
Thanks: 6
Thanked 910 Times in 571 Posts
|
As has been said some insurance companies dont like them, I had an Omega a few years ago that was a previous write off, two companies refused to insure it and the one that did valued it at 60% of its full value but I was paying a full premium.
I would suggest unless the vehicle is a bargain you avoid unless you are happy to get next to nothing for it if the worse does happen, I was lucky a friend needed an Estate and was happy to take it off my hands. I was looking at a Mustang recently that had been previously written off, the work had been done to a good standard but I was struggling to get an insurance company to insure it even for a lesser amount. |
5th June 2021, 22:06 | #6 |
This is my second home
Small Join Date: Feb 2010
Location: Land of the Eel
Posts: 6,315
Thanks: 2,328
Thanked 2,991 Times in 1,431 Posts
|
Thanks for the very helpful replies everyone it has reinforced my thoughts that they are best left alone unless you want to build a race or track day car and I'm far too old for that kind if thing😁😁
|
6th June 2021, 05:36 | #7 |
This is my second home
Land Rover Join Date: May 2013
Location: Thorpe St Andrew,Norwich
Posts: 14,715
Thanks: 933
Thanked 2,925 Times in 1,979 Posts
|
Lots of our cars have been Cat C or D,they are still going,they get wrtten off for very mnor scrapes etc.
My tourer was Cat D,had it for 6 years no insurance issue,sold it on and its still going strong. Bear in mind when you sell a Cat D you have to declare it on the sales pitch?Advert. Cat D are not even listed on the log book
__________________
Steve and Georgie Together Forever Lonely days are long Twilight sings a song All the happiness that used to be Soon my eyes will close Soon I'll find repose And in dreams, you're always near to me I'll see you in my dreams And then I'll hold you in my dreams Last edited by Georgies Dad; 7th June 2021 at 15:45.. |
6th June 2021, 07:02 | #8 |
Gets stuck in
ROVER Join Date: Sep 2008
Location: Vera
Posts: 746
Thanks: 56
Thanked 111 Times in 85 Posts
|
Insurance companies are a bit cheeky, they release these vehicles back on the market to recoup some of their outlay and then refuse to insure them.
|
6th June 2021, 07:06 | #9 | |
This is my second home
1 Join Date: Dec 2010
Location: Banned
Posts: 5,195
Thanks: 528
Thanked 1,022 Times in 786 Posts
|
Buying a repaired car
Quote:
Cat C and Cat S are listed on the log book (V5) in the notes at the bottom of the front page. Cat D and Cat N aren’t on the logbook. I’ve never had an issue insuring a damage repaired car I’ve had a few over the years I even wrote one off after running it for 2.5 years and still got back almost double what I paid for it including repairs. Sent from my iPhone using Tapatalk
__________________
[SIGPIC][/SIGPIC] Last edited by wullie480; 6th June 2021 at 07:10.. |
|
7th June 2021, 14:21 | #10 | |
This is my second home
MG ZT and Rover 75, Join Date: Jul 2013
Location: Wigan
Posts: 3,276
Thanks: 2,556
Thanked 2,685 Times in 1,037 Posts
|
Not now.
Quote:
|
|
Thread Tools | |
Display Modes | |
|
|