difference in values for 2007 roadsport
Discussion
i have a 2007 roadsport which i am currently putting back together after a small front end ding which ended up putting a cat c write off onto the car.
im trying to determine what to do with the car, be it put it back to standard spec, or upgrade to a much higher spec that i enjoy myself on summer days and track days. im just trying to get a picture of the value of the car in the 2 different specs.
i already have all the parts to build the car to either spec, im just looking into the difference in value between the 2 specs and hopefully this will make the decision a bit easier for me
obviously the cat c will devalue the car slightly, but its a very nice example, and its being repaired professionally to a high standard. the car requires a long front chassis repair. a lot of the original parts will be replaced if built to the higher spec, so history isnt so important, and at the end of the day its a 2007 car so its only 5 years old as it is!
the spec of the car is as follows
2007 roadsport 1.6 in dodge viper blue
metric chassis number 001!!
leather seats
quick release steering wheel
shift light
15'' caterham 10 spoke anthracite wheels with very good tyres
wilwood big brake kit front
heater
heated screen
full weather gear
carbon front wings
carbon sill covers
carbon arch protectors
caterham harnesses and brand new blue caterham pads
apollo tank
lowered floors
battery cut off
rear anti roll bar
msa compliant 45mm rear roll bar with x diagonals
as you can see the car is of a very high spec, and its in great shape. i would of thought without the cat c this car would be worth £17k + ??
what would you value the car at in this state ???
then can u please value the car with the same above spec but with the following items added
lsd diff
6 speed gearbox
1.8k series vvc engine fitted with following mods
vvc head ported and polished,
4 angle valve seats and colisbro valve guides
solid vvc delete piper 285h cams and piper springs
vvc blank kit
vernier pulleys
magnesium 45mm throttle bodies
emerald m3d ecu mapped by minister race engines, 210bhp
port matched inlet manifold
accralite forged pistons 11:3 cr
dva rods
ultralight flywheel and fully balenced bottom end
flowed oil pump housing
landrover uprated oil ladder
steel head gasket and prs thermostat setup
fully rebuilt approx 2 years ago with all receipts present for work
421 manifold and r500 exhaust system
(this engine setup with exhaust, ecu and mapping would set u back around £10k)
(6 speed box recently rebuilt by road and race)
due to the large value of the above parts i want to see how much fitting them will actually add to the value of the car.
seeing as the 6 speed box would sell for £1500+ and the engine setup around £4000 i just want to see what effect it has on value. i would love to fit all these parts and enjoy the car, but at the same time i dont want to waste money if it doesnt increase the vehicles value by a large amount.
look forward to your replys
thanks
im trying to determine what to do with the car, be it put it back to standard spec, or upgrade to a much higher spec that i enjoy myself on summer days and track days. im just trying to get a picture of the value of the car in the 2 different specs.
i already have all the parts to build the car to either spec, im just looking into the difference in value between the 2 specs and hopefully this will make the decision a bit easier for me
obviously the cat c will devalue the car slightly, but its a very nice example, and its being repaired professionally to a high standard. the car requires a long front chassis repair. a lot of the original parts will be replaced if built to the higher spec, so history isnt so important, and at the end of the day its a 2007 car so its only 5 years old as it is!
the spec of the car is as follows
2007 roadsport 1.6 in dodge viper blue
metric chassis number 001!!
leather seats
quick release steering wheel
shift light
15'' caterham 10 spoke anthracite wheels with very good tyres
wilwood big brake kit front
heater
heated screen
full weather gear
carbon front wings
carbon sill covers
carbon arch protectors
caterham harnesses and brand new blue caterham pads
apollo tank
lowered floors
battery cut off
rear anti roll bar
msa compliant 45mm rear roll bar with x diagonals
as you can see the car is of a very high spec, and its in great shape. i would of thought without the cat c this car would be worth £17k + ??
what would you value the car at in this state ???
then can u please value the car with the same above spec but with the following items added
lsd diff
6 speed gearbox
1.8k series vvc engine fitted with following mods
vvc head ported and polished,
4 angle valve seats and colisbro valve guides
solid vvc delete piper 285h cams and piper springs
vvc blank kit
vernier pulleys
magnesium 45mm throttle bodies
emerald m3d ecu mapped by minister race engines, 210bhp
port matched inlet manifold
accralite forged pistons 11:3 cr
dva rods
ultralight flywheel and fully balenced bottom end
flowed oil pump housing
landrover uprated oil ladder
steel head gasket and prs thermostat setup
fully rebuilt approx 2 years ago with all receipts present for work
421 manifold and r500 exhaust system
(this engine setup with exhaust, ecu and mapping would set u back around £10k)
(6 speed box recently rebuilt by road and race)
due to the large value of the above parts i want to see how much fitting them will actually add to the value of the car.
seeing as the 6 speed box would sell for £1500+ and the engine setup around £4000 i just want to see what effect it has on value. i would love to fit all these parts and enjoy the car, but at the same time i dont want to waste money if it doesnt increase the vehicles value by a large amount.
look forward to your replys
thanks
It's always difficult to put a value on upgraded cars. At a guess I would expect to get a 50% return on upgrades but in some cases alot less. e.g. spending a lot on upgrades to a Superlight would have little return as good standard spec cars are sought after.
I have just rebuilt a Caterham that has had thousands spent on it before I owned it, Supa widetrack inboard suspension, Nitrons, and too much carbon to list. I have also spent a lot on this car, converted it to a Raceline duratec engine and BGH box among other costs at Arch etc. But it would never recoup the true value for the spec and condition. I guess the majority of people would rather buy a genuine R400 or similar rather than a superb specced one off.
I have just rebuilt a Caterham that has had thousands spent on it before I owned it, Supa widetrack inboard suspension, Nitrons, and too much carbon to list. I have also spent a lot on this car, converted it to a Raceline duratec engine and BGH box among other costs at Arch etc. But it would never recoup the true value for the spec and condition. I guess the majority of people would rather buy a genuine R400 or similar rather than a superb specced one off.
Edited by forest07 on Wednesday 11th January 10:56
yeah thats most likely the case, it will probably work out better financially to just put the car back together to the first spec i posted, and sell the engine and gearbox to some1 looking for some more power.
what do people think the car is worth as the first spec, without the mega engine and box etc
thanks
nick
what do people think the car is worth as the first spec, without the mega engine and box etc
thanks
nick
I'm sorry to say that the cat c really stuffs it. It reduces the available market to sell to so drastically that it has a huge effect on price. So if you put a lot of bits on it, they too will be reduced by a similar proportion. So if value is your metric, keep the car standard and sell it and the bits seperately.
However if you are wanting to drive it, just bung the bits on and drive it. Keep the old bits to put back on for sale time.
Bert
PS, yes I know it shouldn't be so, and loads of people will say..."but surely.." trust me, been there done that.
However if you are wanting to drive it, just bung the bits on and drive it. Keep the old bits to put back on for sale time.
Bert
PS, yes I know it shouldn't be so, and loads of people will say..."but surely.." trust me, been there done that.
there are loads of caterhams out there that have been stuffed and repaired without any1 even knowing lol, at least this one is honest and professionally repaired, not sure why it devalues so much seeing as a long front repair is done all day every day by the likes of arch and caterham, the chassis is designed so that its easily repaired and makes no difference to the integrity of it!
how much are we talking value wise for this car, without damage its an easy 16-17k, the car would break for well over 10k with ease.
i have seen similar cars with same sort of damage, unrepaired at salvage go for over £8k, and then you would need to spend another £5k to repair it!
cheers
nick
how much are we talking value wise for this car, without damage its an easy 16-17k, the car would break for well over 10k with ease.
i have seen similar cars with same sort of damage, unrepaired at salvage go for over £8k, and then you would need to spend another £5k to repair it!
cheers
nick
Just like I said, but surely...mine was re-chassied and was a fantastic job, but still the write-off made a huge difference.
It's always impossible to say what the effect on price will be until you actually sell it. I reckon that if you have a 16k caterham non-writeoff, then the value will be about 13 for cat c.
Completely daft.
Bert
It's always impossible to say what the effect on price will be until you actually sell it. I reckon that if you have a 16k caterham non-writeoff, then the value will be about 13 for cat c.
Completely daft.
Bert
Bert's spot on, I'm currently re-building 2 ex-race cars, they've both been to Arch for panels (one had a long front and all panels) so they're as good as anything of the same year
They're put together with a load of new parts, everything is checked
But they're still very reasonably priced because they're ex-race cars. Cars should be sold on condition only but it doesn't matter how much of the history is removed from the car, the car will (should) still have history
Obviously this isn't helped by less scrupulous people buying things like the old BaT R300, painting it and selling it as a "low milage road car". OTOH the community is small enough that most cars and nearly all "specialists" are fairly well known
You don't say if you bought the car as is, or whether you crashed it. What's the story ?
They're put together with a load of new parts, everything is checked
But they're still very reasonably priced because they're ex-race cars. Cars should be sold on condition only but it doesn't matter how much of the history is removed from the car, the car will (should) still have history
Obviously this isn't helped by less scrupulous people buying things like the old BaT R300, painting it and selling it as a "low milage road car". OTOH the community is small enough that most cars and nearly all "specialists" are fairly well known
You don't say if you bought the car as is, or whether you crashed it. What's the story ?
Incorrigible said:
Obviously this isn't helped by less scrupulous people buying things like the old BaT R300, painting it and selling it as a "low milage road car". OTOH the community is small enough that most cars and nearly all "specialists" are fairly well known
I'm pretty sure I know where all the ex-BaT R300's are, and none have been converted to road cars.However, selling a Cat *anything* can't be easy, given the sort of retarded questioning I've been subjected to when trying to sell 100% straight cars in the past. IME, honesty is not appreciated in the Caterham community.
i bought the car from a friend already crashed, he bought the majority of the bits needed to repair, then moved to aus so sold all his toys. he sold it to me for a good price, and thats why i bought it, at the time i didnt know if i wanted to keep it, or just fix and sell on. hence why im now trying to find out its value so i can decide the best plan of action.
i realise the value will be lower than similar cars without the cat. im just trying to get an idea of how much the value is effected.
looking in the classifieds etc, its pretty much impossible to get into a caterham for less than about £10k, and those cars are 80s to mid 90's cars with x flows etc.
even similar age race cars are selling for around 11-12k and a race car spends ts life being ragged to within an inch of its life, and the majority will have also had rebuilds and chassis repairs but no cat recording due to the fact the accident is never recorded when its crashed on circuit. just gets taken home and repaired!
i can also most likely get the history of the car, as it was owned by 1 person until it was damaged, so im on the case with that side of things.
there are similar age and spec cars advertised between 15-17.5k, this car is in a sought after colour, with pretty much every sought after part/spec you would want when looking for a caterham, without the cat c, this car would be at th top of the market and most likely advertised around £17k. all i want to know, is how much the cat c effects the price. if you reduce the price of the car by 25% then that leaves the value at near £13k! at that price the competition would be race cars of similar age, or cars from the 80's 90's. which to me sounds like a bargain, seeing as the only reason for the lower value is the fact its had a long front repair, which in my mind, shouldnt effect the price at all! as said there are most likely caterhams out there that have been binned and repaired without the buyer even knowing, and they pay top price for something thats not honest, just because it doesnt have a cat recording against it!
does 13k sound like a fair valuation for the car?
i realise the value will be lower than similar cars without the cat. im just trying to get an idea of how much the value is effected.
looking in the classifieds etc, its pretty much impossible to get into a caterham for less than about £10k, and those cars are 80s to mid 90's cars with x flows etc.
even similar age race cars are selling for around 11-12k and a race car spends ts life being ragged to within an inch of its life, and the majority will have also had rebuilds and chassis repairs but no cat recording due to the fact the accident is never recorded when its crashed on circuit. just gets taken home and repaired!
i can also most likely get the history of the car, as it was owned by 1 person until it was damaged, so im on the case with that side of things.
there are similar age and spec cars advertised between 15-17.5k, this car is in a sought after colour, with pretty much every sought after part/spec you would want when looking for a caterham, without the cat c, this car would be at th top of the market and most likely advertised around £17k. all i want to know, is how much the cat c effects the price. if you reduce the price of the car by 25% then that leaves the value at near £13k! at that price the competition would be race cars of similar age, or cars from the 80's 90's. which to me sounds like a bargain, seeing as the only reason for the lower value is the fact its had a long front repair, which in my mind, shouldnt effect the price at all! as said there are most likely caterhams out there that have been binned and repaired without the buyer even knowing, and they pay top price for something thats not honest, just because it doesnt have a cat recording against it!
does 13k sound like a fair valuation for the car?
nickson said:
i bought the car from a friend already crashed, he bought the majority of the bits needed to repair, then moved to aus so sold all his toys. he sold it to me for a good price, and thats why i bought it, at the time i didnt know if i wanted to keep it, or just fix and sell on. hence why im now trying to find out its value so i can decide the best plan of action.
i realise the value will be lower than similar cars without the cat. im just trying to get an idea of how much the value is effected.
looking in the classifieds etc, its pretty much impossible to get into a caterham for less than about £10k, and those cars are 80s to mid 90's cars with x flows etc.
even similar age race cars are selling for around 11-12k and a race car spends ts life being ragged to within an inch of its life, and the majority will have also had rebuilds and chassis repairs but no cat recording due to the fact the accident is never recorded when its crashed on circuit. just gets taken home and repaired!
i can also most likely get the history of the car, as it was owned by 1 person until it was damaged, so im on the case with that side of things.
there are similar age and spec cars advertised between 15-17.5k, this car is in a sought after colour, with pretty much every sought after part/spec you would want when looking for a caterham, without the cat c, this car would be at th top of the market and most likely advertised around £17k. all i want to know, is how much the cat c effects the price. if you reduce the price of the car by 25% then that leaves the value at near £13k! at that price the competition would be race cars of similar age, or cars from the 80's 90's. which to me sounds like a bargain, seeing as the only reason for the lower value is the fact its had a long front repair, which in my mind, shouldnt effect the price at all! as said there are most likely caterhams out there that have been binned and repaired without the buyer even knowing, and they pay top price for something thats not honest, just because it doesnt have a cat recording against it!
does 13k sound like a fair valuation for the car?
What Bert said earlier is spot on IMO.i realise the value will be lower than similar cars without the cat. im just trying to get an idea of how much the value is effected.
looking in the classifieds etc, its pretty much impossible to get into a caterham for less than about £10k, and those cars are 80s to mid 90's cars with x flows etc.
even similar age race cars are selling for around 11-12k and a race car spends ts life being ragged to within an inch of its life, and the majority will have also had rebuilds and chassis repairs but no cat recording due to the fact the accident is never recorded when its crashed on circuit. just gets taken home and repaired!
i can also most likely get the history of the car, as it was owned by 1 person until it was damaged, so im on the case with that side of things.
there are similar age and spec cars advertised between 15-17.5k, this car is in a sought after colour, with pretty much every sought after part/spec you would want when looking for a caterham, without the cat c, this car would be at th top of the market and most likely advertised around £17k. all i want to know, is how much the cat c effects the price. if you reduce the price of the car by 25% then that leaves the value at near £13k! at that price the competition would be race cars of similar age, or cars from the 80's 90's. which to me sounds like a bargain, seeing as the only reason for the lower value is the fact its had a long front repair, which in my mind, shouldnt effect the price at all! as said there are most likely caterhams out there that have been binned and repaired without the buyer even knowing, and they pay top price for something thats not honest, just because it doesnt have a cat recording against it!
does 13k sound like a fair valuation for the car?
bertbert said:
Just like I said, but surely...mine was re-chassied and was a fantastic job, but still the write-off made a huge difference.
It's always impossible to say what the effect on price will be until you actually sell it. I reckon that if you have a 16k caterham non-writeoff, then the value will be about 13 for cat c.
Completely daft.
Bert
At the end of the day a Cat C on any kind of car is going to have an adverse effect on value.It's always impossible to say what the effect on price will be until you actually sell it. I reckon that if you have a 16k caterham non-writeoff, then the value will be about 13 for cat c.
Completely daft.
Bert
I would rather buy an ex racer than a Cat C because I perceive that it would be easier for me to sell on.
yes i see what your saying about a race car being easier to sell on, buts just just funny that a race car has most likely had some major repairs in its life, but because they are undocumented, people treat them as if they are fine. but because a road car has a letter against its history, it knocks 25% off the value.
at the end of the day a cat c can only effect the value of a car to a certain point, as cars will always break for parts for a certain value, and the salvage value of a car will not usually drop below the value it can be broken for.
if 13k is a realistic price for the car once repaired, then im happy with that! i just wanted to make sure it wasnt effected so badly it might be worth less than 10k as the car would break for more than that!
i dont mind if it takes longer to sell than other cars, as i will just use and keep the car until it sells, i dont need to sell the car, so i can hold out for a better price.
at the end of the day a cat c can only effect the value of a car to a certain point, as cars will always break for parts for a certain value, and the salvage value of a car will not usually drop below the value it can be broken for.
if 13k is a realistic price for the car once repaired, then im happy with that! i just wanted to make sure it wasnt effected so badly it might be worth less than 10k as the car would break for more than that!
i dont mind if it takes longer to sell than other cars, as i will just use and keep the car until it sells, i dont need to sell the car, so i can hold out for a better price.
sfaulds said:
Incorrigible said:
Obviously this isn't helped by less scrupulous people buying things like the old BaT R300, painting it and selling it as a "low milage road car". OTOH the community is small enough that most cars and nearly all "specialists" are fairly well known
I'm pretty sure I know where all the ex-BaT R300's are, and none have been converted to road cars.It does feel like a 13k car to me. You should be able to sell it at that. It's a bit of a pain to do, you'll need to be steadfast to deal with the daft questions!
I had a full photo rebuild of my cat d car on its new chassis. I even had to get it inspected by the Autolign guys to get it "condition inspected". They looked at me as if I was mad when I showed it to them!
Good luck with the sale.
Bert
I had a full photo rebuild of my cat d car on its new chassis. I even had to get it inspected by the Autolign guys to get it "condition inspected". They looked at me as if I was mad when I showed it to them!
Good luck with the sale.
Bert
yeah well the repair will be well documented, and hopefully i will also have sourced some good info on history etc from the previous owner soon. i would also be happy to have a check over carried out by a specialist if that would increase piece of mind for a buyer. i realise it may take longer to sell, but its just a case of waiting for the right buyer to come along. for some1 who realises the simplicity of these cars, and the fact the long front chassis repair is nothing to worry about, its a perfect buy with a 3k saving over other similar cars.
i will carry on with the rebuild then!
if any1 has any of the following please get in touch
metric long front
x1 leather headrest
side panels
rear panel
battery
15 inch cycle wings
small rad fan brackets
carbon sill panels
thats all i require to finish the car!
i will carry on with the rebuild then!
if any1 has any of the following please get in touch
metric long front
x1 leather headrest
side panels
rear panel
battery
15 inch cycle wings
small rad fan brackets
carbon sill panels
thats all i require to finish the car!
Incorrigible said:
If you're going to sell it, just get Arch to do the repair. It won't work out massively more expensive, and the large invoice will be as good a guarantee that it's been "properly repaired" as anything
IMHO of course
Yes, cat c and non arch repair will put it lower than 13k IME. IMHO of course
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