Discussion
Just seen a Cat C M5 2005. I know about the categories and risks associated having owned and sold a cat D car.
Thoughts on buying. BMW inspection??
It looks to be up at 10-15% less than book.
Grateful for any views. Have a DB7 Vantage right now and need something a bit less cramped!
Cheers
Scott.
Thoughts on buying. BMW inspection??
It looks to be up at 10-15% less than book.
Grateful for any views. Have a DB7 Vantage right now and need something a bit less cramped!
Cheers
Scott.
I would have thought to write off a 2005 car it must have needed some serious repairs that would have involved key structural areas.
If it was repaired properly then it could be a good buy at the right money but the big problem is the "IF" bit.
A 3 year old car on a Cat C is a whole different kettle of fish to a 10 year old car on a recent Cat D.
If it was repaired properly then it could be a good buy at the right money but the big problem is the "IF" bit.
A 3 year old car on a Cat C is a whole different kettle of fish to a 10 year old car on a recent Cat D.
Is that the CatC that was "fresh water damaged" rather than accident damaged? I just wonder how much electric damage has been done? I imagine it's had a new interior too. The car really needs to be £22k to make it worth considering and even then I'd spend the £6k more on one that wasn't on the register.
Matt
Matt
cat c is structural damage and I'd avoid.
Cat d is beyond ecconomical repair. My m3 is cat d. But this was when the car was 8 years old & worth 10k. As the insurance only approve if the estimate is 60% of the cars value or less then a 6k bill would have writen it off.
Sounds a lot but the smg pumps £3k so a very minor knock wrote it off
Cat d is beyond ecconomical repair. My m3 is cat d. But this was when the car was 8 years old & worth 10k. As the insurance only approve if the estimate is 60% of the cars value or less then a 6k bill would have writen it off.
Sounds a lot but the smg pumps £3k so a very minor knock wrote it off
MattOz said:
Is that the CatC that was "fresh water damaged" rather than accident damaged? I just wonder how much electric damage has been done? I imagine it's had a new interior too. The car really needs to be £22k to make it worth considering and even then I'd spend the £6k more on one that wasn't on the register.
Matt
Due to the floods here in northern ireland recently quite a few BMWs came in to my local stealer water damaged. Apparently anything above sill level was pretty much an insurance write off as so much of the electricals now run through the car at that level. Apparently its not even the immediate impact thats the problem, its that problems due to water damage could take months or even years to manifest.Matt
Scotty996T said:
Just seen a Cat C M5 2005. I know about the categories and risks associated having owned and sold a cat D car.
Thoughts on buying. BMW inspection??
It looks to be up at 10-15% less than book.
Grateful for any views. Have a DB7 Vantage right now and need something a bit less cramped!
Cheers
Scott.
What price are they asking for it?Thoughts on buying. BMW inspection??
It looks to be up at 10-15% less than book.
Grateful for any views. Have a DB7 Vantage right now and need something a bit less cramped!
Cheers
Scott.
pgilc1 said:
MattOz said:
Is that the CatC that was "fresh water damaged" rather than accident damaged? I just wonder how much electric damage has been done? I imagine it's had a new interior too. The car really needs to be £22k to make it worth considering and even then I'd spend the £6k more on one that wasn't on the register.
Matt
Due to the floods here in northern ireland recently quite a few BMWs came in to my local stealer water damaged. Apparently anything above sill level was pretty much an insurance write off as so much of the electricals now run through the car at that level. Apparently its not even the immediate impact thats the problem, its that problems due to water damage could take months or even years to manifest.Matt
Thanks all for the replies - very helpful.
It's up at £30k which is way too much. I haven't yet had confirmation of what the damage was but reading some of the M5 price posts on here, I don't think it's a goer unless I get really stupid money for my Vantage. Thanks all ur help.
Cheers
Scott.
It's up at £30k which is way too much. I haven't yet had confirmation of what the damage was but reading some of the M5 price posts on here, I don't think it's a goer unless I get really stupid money for my Vantage. Thanks all ur help.
Cheers
Scott.
You pay peanuts, you get monkeys.
Absolutely no point buying a cat c/d of that value.
Would be different if it was a £1000 golf, but not a £30k M5 that has more electronics than most cars.
Who knows what the damage was and how bad and to be honest, you have no idea the standard of the repair!
Absolutely no point buying a cat c/d of that value.
Would be different if it was a £1000 golf, but not a £30k M5 that has more electronics than most cars.
Who knows what the damage was and how bad and to be honest, you have no idea the standard of the repair!
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