DaveVR6 0 Posted April 4, 2006 What are the pitfalls of buying a car that is stolen recovered?? Apart from having to apply for a new log book, is it a bad idea? Quote Share this post Link to post Share on other sites
dazzyvr6 0 Posted April 4, 2006 it depend what category its classed in,if its just stolen recovered with no major damage then i think its catD,which isnt to bad really Quote Share this post Link to post Share on other sites
dazzyvr6 0 Posted April 4, 2006 just found this o Category A: Scrap only - this vehicle should have been crushed. It should never reappear on the road and there are no economically salvageable parts. It is of value only for scrap metal - e.g. a totally burnt-out vehicle. o Category B: The bodyshell should have been crushed. The vehicle should never reappear on the road, but it can be broken for spare parts plus any residual scrap metal. o Category C: Vehicle extensively damaged and insurer has decided not to repair. May be repaired and put back on the road. Has to pass an inspection to be re-registered as damaged repaired. o Category D: Vehicle damaged and insurer has decided not to repair. When fixed can be re-registered as damaged repaired. o Category F: Vehicle damaged by fire and insurer has decided not to repair. When fixed can be re-registered as damaged repaired. Quote Share this post Link to post Share on other sites
DaveVR6 0 Posted April 4, 2006 There is no damage and it has original keys... Quote Share this post Link to post Share on other sites
dr_mat 0 Posted April 4, 2006 Then the only risk is in resale value. But presumably you're getting it cheap, right?? Quote Share this post Link to post Share on other sites
DaveVR6 0 Posted April 4, 2006 Yes, how do you mean the resale value? because people wont pay for a stolen recovered car? Quote Share this post Link to post Share on other sites
dazzyvr6 0 Posted April 4, 2006 it will put quite a few people off Quote Share this post Link to post Share on other sites
DaveVR6 0 Posted April 4, 2006 yea i see. Cheers dazzy Quote Share this post Link to post Share on other sites
dinkus 10 Posted April 4, 2006 If it's stolen recovered and doesn't seem to be damaged and you're getting it cheap, then I'd go for it. Generally speaking people won't pay as much for a car that's been Cat listed, because of the stigma with it. However, if you can take lots of pics of what the car looks like now to prove that it wasn't written off due to being smashed up - I would. Hopefully it'll minimise the price difference when you sell it on. Having said that, you won't pay as much for it now either, so it's a bargain way to get a C :) Quote Share this post Link to post Share on other sites
DaveVR6 0 Posted April 4, 2006 Cheers Dinkus. Going to go and have proper look.. Quote Share this post Link to post Share on other sites
DaveVR6 0 Posted April 4, 2006 OT.. 200 posts, whoop :D Quote Share this post Link to post Share on other sites