I would imagine that the CAT D problem is with regards to the parts of the car that were damaged, as opposed to the cost being more than the value of the car.
I am not sure on this one but thought I had read that if certain structural parts of the car were damaged then the car needed to be re-authorised to be able to drive back on the road. Sticking it under a CAT D label would signify that it had been reauthorised for road use...maybe.
IIRC the category A/B/C/D is simply a shorthand way of indicating the level of damage so a Cat D car is not necessarily a write off.
I think Cat D is what you would think of as panel damage, Cat C more serious - perhaps some structural work - but both are repairable. Cat B parts only and Cat A "a guess what it used be" ball of metal.
I think the market generally knocks 20/30% off any car's price if it is recorded as being damaged
Doesn't supprise me. They are ugly. They don't have that "future classic" in it, IMHO. It's a hell of a car from a technical and performance standpoint, but who's asleep at the wheel in the design department??
Most around these parts are ragtops no less, which makes things even worse.
To quote a recent letter I had regarding a write off.
Vehicle so badly damaged, it must be crushed. DVLA notified.
Some vehicle parts can be salvaged. Non salvageable parts to be disposed of. DVLA notified.
Vehicles in the above categories should never return to the road.
Cost of repairs exceeds vehicle value. If salvage is retained and the vehicle repaired, the DVLA must be notified and the vehicle examined by their inspectors.
Cost of repair (including VAT) falls below the PAV. Can lawfully be repaired without DVLA restrictions.
Which pretty much sums up what member day describes. But I saw an (expensive looking) Porsch recently advertised as cat. D salvage. It was heavily battered along one side and obviously in need of major repairs. Yet my old bucket was given cat. C status just for a dented wing and broken headlight. I struggle to see the logic.
I think the Category ratings are more pertinent on cars from new to 3 yrs old
where the bulk of the vehicles general value is retained.
The broad appraisal criteria loses it intent on normal older vehicles.
Your example is typical of a car being written off @ Cat C for what sounds like
cosmetics & a light to meet construction & use regs is typical ouich
Theres no way that inspection by DVLA is actually required for what constitutes a
parts cost write off due to age of vehicle.
It's a little confusing for joe public & could put people off an otherwise good
Also, most of E34 M5 that are still insured on conventional insurance policies
in UK ( market value, or worse = Ebay value) means that even light damage
would send it to insurance oblivion:1zhelp:
Anything beyond bumper bars & bolt on front wings in other words !
The labour cost compared to cost of living is not bad here but soon adds up.
Materials costs have gone up some 23-27% in the 15 months.
I would really recommend those that have a E34 M5 long term & have invested
heavily in time / quality parts to maintain should get an agreed value on it.