Red_SXi
Member
Registered: 23rd Sep 02
Location: Dunstable Drives: 52 Plate BMW 3 M Sport Coupe
User status: Offline
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I'm thinking of starting to buy some CAT C and CAT D write offs and repair them, but there are a few areas in this field that i'm still not sure about and need answers. They are:
- When the car is sold, and someone does a check on it will it show up as a write off ?
- When you apply for the V5 do you become an owner listed on it ?
There are more questions but i'd want these answered first
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Edd
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Registered: 8th Nov 04
Location: Glasgow
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yes it will show up as a write off.not sure about the other question though.
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1600power
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Registered: 22nd Apr 04
Location: Shropshire Drives: 1.6 16v Sport
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- When the car is sold, and someone does a check on it will it show up as a write off ?
Yes any car recorded as any CAT will be recorded on the HPI register. In saying that though its entirely up to the person that is looking to buy the car to check this out but legally as a trader/repairer you must inform the person of its history if you know anything about it.
CAT D cars dont get recorded on the V5 as being damaged (but are getting rarer due to a change in the laws governing damage repairable cars)
CAT C cars are now alot more common and the only downside in this is that 80% of these cars will need VIC checks (which costs £35 and must be done before a V5 for that vehicle can be issued) When the V5 comes back for a VIC checked car it will say that the car has been 'substantially damaged / repaired' which is bollocks for 70% of the cars it tests as they include cars with damaged front wings, etc 
- When you apply for the V5 do you become an owner listed on it ?
Yes you will come back as the new owner, this is bad if you dont shift the car from a few months as I have found because if you forget to SORN it you get a nice fancy fine through the post!
I have a business doing these cars mate so if you have any questions I'm sure i could help you out.
One word of warning though, do not try to get into this business without the tools for the job, i.e if you cant spray then you can say goodbye to your profit margin as this will eat away alot of potential money!
I would also advise you to invest in a shit hot set of tools £100+
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j0hn
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Registered: 12th Apr 04
Location: Amersham, Buckinghamshire/Kingston-upon-Thames
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wer can i get a cat D corsa from any websites?
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Tom
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Registered: 3rd Apr 02
Location: Wirral, Merseyside
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Best looking for a non-recorded isn't it?
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Half Pint
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Registered: 25th Mar 02
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John your better off going to a auction.
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Half Pint
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Registered: 25th Mar 02
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quote:
Originally posted by Tom
Best looking for a non-recorded isn't it?
harder to find thatn a HPI registered one, if asked you have to tell them that it has been in an accident, but if they don't ask you don'tr have to tell.
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Bonney
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Registered: 14th Nov 04
Location: St Helens
User status: Offline
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try WWW.Hills-Motors.co.uk, seen a load of corsa c in there, but i think they might be a bit far from where you are.
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ainsley_brader
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Registered: 24th Mar 02
Location: Tattershall, Lincolnshire
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If you cant paint dont even bother. I do a lot of work for a chap and use to do a lot of suspension work for a chap who was doing 51 plate on repairables. He has now stopped as he can buy straight cars cheaper and theres less hassle with them.
Damage repairables need to be nearly new to have any sort of profit left in them!
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Paula Corsa
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Registered: 2nd Feb 05
User status: Offline
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You could try www.dhales.co.uk too.
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Red_SXi
Member
Registered: 23rd Sep 02
Location: Dunstable Drives: 52 Plate BMW 3 M Sport Coupe
User status: Offline
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I've looked into it more, yeh i do paint so that isn't a problem, but i can't be arsed with the hassle of CAT C's, and i've found a few non-recorded damaged cars. Going to an auction tomorrow 
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