458 maybe one for Ian W

Scaf

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I am often surprised how what looks like “light” damage can write off a high end supercar.
 

lozcb

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I am often surprised how what looks like “light” damage can write off a high end supercar.
High end insurance claims generally work on the basis of accident/repair total cost @20% of total value gets ie; written off , they appear to have put a value on it of £120K retail they probably work on trade value so approx £100K thus £20K doesnt go far when you take into consideration towing /storage/assessor parts labour repair all at around £150 hr .................easy to see how easy it can get eaten up
 

lozcb

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Lovely looking project for someone.
Yeah agreed subject to inspection of course , Mileage isnt outrageous for the year either , a little out of my league ££ wise with what ive got going on at the moment , but funds allowing what a project if the maths adds up , and if it goes for the right money , now due to market conditions is probably one of the best times to have a crack IMHO
 

iainw

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JJbing

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From what I hear, silver Ferrari’s are incredibly hard to sell too, not sure if that would bother a cat car though?
 

whereskeith

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708
They are *** dreaming at 120k valuation cat S LHD with 45,000 miles on it. There is a great LHD on AT non cat with 25k miles on for sub 100. This would be 80k max as a LHD cat car.
You could easily sink 40K into fixing this (of course depending upon inspection).... In todays enviroment I wouldnt pay above 50k for that. You wouldnt want to be in too high because it will always be a lower value car
 
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lozcb

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10,706
You could easily sink 40K into fixing this (of course depending upon inspection).... In todays enviroment I wouldnt pay above 50k for that. You wouldnt want to be in too high because it will always be a lower value car
Well someone is seriously interested , came on yesterday at starting price of £34K now at £50K in less than 24hs , and still 12 days to go lol, talk about giving the game away
https://www.copart.co.uk/search/ferrari/?displayStr=Ferrari&from=/vehicleFinder