V8 M3 Written off on test drive (yours for £19,500)

[Chris_H]

This must have been embarrassing!! It's not even been registered!!

Edited by Chris_H on Friday 7th November 16:59

[ASBO]

Jesus.

I would have said that's a little steep for a car that looks to be beyond economical repair. Front seems fixable, but the rear is in a real mess. Roof looks twisted too.

[Soovy]

You can get a straight one for a bit more than that!

[Diesel Meister]

What ASBO said. (I was going to be cheeky and cross link this in the bargain M-thread but it's so clear tragic and not a bargain that it would almost have been too cruel to joke about).

[rsstman]

haha what an idiot. surely its only worth about £8k max now?

interior, engine (if its ok), gearbox, and not a lot else.

[krallicious]

Oh dear. Methinks 20 grand is a wee bit too much. I'll take the engine a gearbox though. Now need to find a cheap Z4

[Stedman]

I would have loved to have been a fly on the wall when the boss found out

[MattOz]

I'd love to transplant the running gear into a touring shell...............

[Dracoro]

It's a £40k car is it not?

So to write it off, it would probably have assumed 75%+ fix so that's at least £30k to fix.

Add that to the £20k

That's £50k for a £40k motor that is probably worth less than that given the history.

[okgo]

Ridiculous price.

[pgilc1]

If its not reg, surely it could be registered '09 when repaired?

Maybe not worth £20k, but at £15K plus even £15K to repair, cant be bad for an 09 registered m3? 07's from dealers are still mid 30s....

[paoloh]

pgilc1 said:

If its not reg, surely it could be registered '09 when repaired?

Maybe not worth £20k, but at £15K plus even £15K to repair, cant be bad for an 09 registered m3? 07's from dealers are still mid 30s....

I think you'd be lucky to get that repaired for £15k. I think it's worth about £10k

[m30dus]

And you'd still have to sell it more to the point!

[Dracoro]

pgilc1 said:

If its not reg, surely it could be registered '09 when repaired?

Maybe not worth £20k, but at £15K plus even £15K to repair, cant be bad for an 09 registered m3? 07's from dealers are still mid 30s....

If it were £15k to repair, they wouldn't have written it off. The ins company would rather pay £15k for repairs than £45k for the write off.

I stand by my comment, I reckon there's £30k's worth of damage.

Either that or there's chassis damage and the car should really be a cat B, therefore it's only worth what you can get for breaking it for spares. Again, I don't think there's more than £10k of spares worth on the car anyway.

I think they've got it up at £20k in the vain hope that there's someone stupid enough to think they can repair it for £10k. What sort of "repair" do you think they'd do for £10k anyway? A rubbish one, that's what.

[waremark]

Dracoro said:

Again, I don't think there's more than £10k of spares worth on the car anyway.

How does one assess the value of the spares? I feel sure that if you needed a new engine it would cost at least £10k without any of the other bits. On the other hand while all cars are under warranty no-one will need a new engine.

[croyde]

You pessimists, it's a bargain. £19K for the car then 20 quid spent at Halfrauds for some T-cut, touch up pen and some wet n dry and it'll be as good as new.

[Animal]

The leather on the driver's seat looks a bit puckered...

[Diesel Meister]

croyde said:

You pessimists, it's a bargain. £19K for the car then 20 quid spent at Halfrauds for some T-cut, touch up pen and some wet n dry and it'll be as good as new.

"That st'll buff right out"

[croyde]

Sure will and the alloys look barely scuffed too.