How much does CAT D reduce car valuation

jonj123
jonj123 Posts: 189 Forumite
Hi

I own a car that had an accident and was written off as CAT D last year. It is now fully repaired. I was wondering roughly how much the sale price drops by because of the history?

Thanks
«1

Comments

  • vaio
    vaio Posts: 12,287 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    really depends on how old the car is.

    new(ish) could be 20-30%

    old(ish) could be nothing
  • jonj123
    jonj123 Posts: 189 Forumite
    vaio wrote: »
    really depends on how old the car is.

    new(ish) could be 20-30%

    old(ish) could be nothing

    Thanks. It's a 2008 car. So I should be looking at reducing the price by ~25% when I want to sell it.
  • mattyprice4004
    mattyprice4004 Posts: 7,492 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Excellent, another thread where we're given no details and expected to know the answer anyway.

    Make and model
    Fuel
    Trim level

    etc etc
  • GAZ237
    GAZ237 Posts: 403 Forumite
    I would say at least 1/3 off of any vehicle. If you look on Ebay plenty of bargains to be had. They often say cat D hence price.
  • paddedjohn
    paddedjohn Posts: 7,512 Forumite
    Part of the Furniture
    Knock about a 1/3 off the value unless its a rare or sought after car, if selling when its 8-9 years old or over then there shouldnt really be much difference.
    Be Alert..........Britain needs lerts.
  • Netwizard
    Netwizard Posts: 830 Forumite
    Excellent, another thread where we're given no details and expected to know the answer anyway.

    Make and model
    Fuel
    Trim level

    etc etc

    Indeed.

    We need to know what car it is.

    if its a £1k ford mondeo, it wont make any difference.

    If its a 2008 Lamborghini Gallardo its going to make a lot of difference ;)
  • GAZ237
    GAZ237 Posts: 403 Forumite
    Netwizard wrote: »
    Indeed.

    We need to know what car it is.

    if its a £1k ford mondeo, it wont make any difference.

    If its a 2008 Lamborghini Gallardo its going to make a lot of difference ;)

    If she owns the Lambo. I would doubt she would be on money saving expert.
  • Netwizard
    Netwizard Posts: 830 Forumite
    GAZ237 wrote: »
    If she owns the Lambo. I would doubt she would be on money saving expert.

    You never know. I find the more money someone has, the tighter they are ;)
  • Hintza
    Hintza Posts: 19,420 Forumite
    10,000 Posts Combo Breaker
    Excellent, another thread where we're given no details and expected to know the answer anyway.

    Make and model
    Fuel
    Trim level

    etc etc

    Sometimes these questions are best asked as a generalisation and I think post 2 covers it (generally).

    I run salvaged cars that I have had repaired and the way I work out how much to pay for salvage is to take a realistic value for the car in reasonable condition. Knock off a third. Talk to my mate in the bodyshop (he is an optimist so I have to add a bit on for hidden problems) and then that gives me the price I can pay at auction.

    My pal in the bodyshop works on about 20% but I want to build in more margin for error.

    The other thing to note, is that from my point of view I plan to run them until they die so resale is of little or no importance for me.
  • jonj123
    jonj123 Posts: 189 Forumite
    Excellent, another thread where we're given no details and expected to know the answer anyway.

    Make and model
    Fuel
    Trim level

    etc etc

    Apologies for lack of info. The car is Toyota Aygo 2008 with Bluetooth and rear parking sensors installed by Toyota. I plan to keep the car for at least another 2 years before selling it.
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