Selling a CAT C car

rubble2

This is further to the thread I started a few weeks ago about a no fault accident my daughter was involved in.

The third party insurer have now officially accepted full liability and an assessor came this morning to value the repair and (as expected) declared it a write off.

What he did say was that as the claim was being settled by the third party insurer, they have no claim over ownership of the car so my daughter can keep or dispose of the car as she chooses following the payout. In order for her to keep the car the insurer will deduct £114 from the settlement to cover their scrappage charges.

The assessor told my daughter that she should retain the car and then sell it as a CAT C write off (damaged - repairable) or for spares, he reckoned that she could advertise it for about £400.

What I wondered is what is the best way to sell a car in this condition? just advertise it on autotrader/local press or is there a more specialised market for this type of sale? I am guessing that a CAT C car would only really be of interest to someone in the motor trade.

Any advice please?

EdGasket

Has it been repaired? If not you won't get much. If it has sell it on eBay, there are plenty of Cat c and d cars on there; I presume they sell at the right price.

motorguy

rubble2 wrote: »

This is further to the thread I started a few weeks ago about a no fault accident my daughter was involved in.

The third party insurer have now officially accepted full liability and an assessor came this morning to value the repair and (as expected) declared it a write off.

What he did say was that as the claim was being settled by the third party insurer, they have no claim over ownership of the car so my daughter can keep or dispose of the car as she chooses following the payout. In order for her to keep the car the insurer will deduct £114 from the settlement to cover their scrappage charges.

The assessor told my daughter that she should retain the car and then sell it as a CAT C write off (damaged - repairable) or for spares, he reckoned that she could advertise it for about £400.

What I wondered is what is the best way to sell a car in this condition? just advertise it on autotrader/local press or is there a more specialised market for this type of sale? I am guessing that a CAT C car would only really be of interest to someone in the motor trade.

Any advice please?

Put it on ebay, lots of photos "Damaged repairable" in the title

List as "recent accident, declared Cat C by insurance company but looks repairable".

The motor trade wont be interested in it per se, though you might find it'll be a body man who'll buy it, fix it and resell it.

jobdone1

What car is it, age, damage ????

Hintza

If I was in the market for your car the calculations I would run are:-

bottom book price of car - 30% (variable) - cost of repairs (+a couple of hundred for hidden problems again variable).

If airbags had gone off I probably wouldn't be interested.

If car was too old and had a potentially limited life span I wouldn't be interested unless repairs were really cheap.

I would expect to have to keep car and scrap it. Trying to re-sell a CatC is a pain.

The value you paid to retain the car suggests market value was under £,1500 give or take. So in that price bracket it I would be hard pressed to find a reason to buy it.

The person it is worth most to is yourself, you know the car so get some quotes from small independent body shops and do the maths.

rubble2

Thanks for all the replies,

The car is an 04 Meriva, insurance assessor has put a value of £950 on it (less the scrappage charge).

To be honest we were surprised that we would be able to retain the vehicle after it is written off as we assumed the insurance company would just take the car away.

The car is driveable, the damage is to the N/S rear door and rear wheel arch area (no airbags triggered).
It is useful to my daughter to retain the car while she looks for a replacement but we were a bit taken aback when the assessor suggested we could sell it as a CAT C vehicle and he suggested advertising it at £400.

I think ultimately daughter would be happy to make the scrappage fee back when the car goes , anything on top of that would be a bonus.

What would be the going rate if the car was just sent to a scrap dealer?

Hintza

rubble2 wrote: »

What would be the going rate if the car was just sent to a scrap dealer?

Good question, I would like to know too. I think it might cost you so better to advertise it on ebay.

I have two here that I need lifted at some point but I keep taking parts off, so value to me has to be weighed against they make the place look like Steptoe's Yard

One of them I bought Cat D and ran it for 9 years, it was then hit again Cat C and was paid more than I paid for it 10 years ago.

Hintza

The question you need to ask is how much will it cost to pass an MOT?

Remember to add all those things like brakes, tyres etc and then decide if it is worth running for another year or so.

rubble2

Intention is not to keep it for more than a few weeks at most - just until she can find a replacement.
MOT is up in July but pretty sure it wouldn't pass due to rear door not opening ( at least we haven't risked trying to open it in case it won't shut again.)

davemorton

Put it on ebay, lots of pics, honest description, and start it at £99.

bobbymotors

davemorton wrote: »

Put it on ebay, lots of pics, honest description, and start it at £99.

This ^^^^^^^^ ebay auction, set your buyer preferences as tight a possible, be prepared for lots of stupid questions and even stupider offers.

If someone comes to see it and bids you a decent profit, take their money, and once its in your pocket, end the auction.