Selling a hail damaged write off
Submitted by grayzeee on Wed, 2014-09-10 21:27
What's the deal with selling a hail damaged car that's been written off?
If it's mechanically sound but not too pretty , how much does that effect the asking price.
lets say the average price is 15000 for a fair condition one on car sales.
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tim-o
Posts: 4657
Date Joined: 24/05/11
Sell it for more. Its more
Sell it for more. Its more economical now (aerodynamic like a golf ball)
I am, as I've said, merely competent. But in an age of incompetence, that makes me extraordinary.
RobertMc
Posts: 326
Date Joined: 19/01/09
heaps mate, for a written off
heaps mate, for a written off car especially one that has been flooded or in a hail mstorm, its pretty much worthless, i had a car that was sold to me unknown to me, paid 19000 for it, and a couple years later went to trade it in, and low and behold it was written off due to flood damage and they offered me 2000 dollars for it, the car was being traded at 14000 before they knew that it was flood damaged, cut a long story short i fought about it with the previous person i bought it through, (caryard) and they ended up giving me the 14000 as per the previous valuation. bit of a muck around but as you could imagine i wasnt to happy.
z00m
Posts: 1086
Date Joined: 10/05/14
If it's on WOVR then it is
If it's on WOVR then it is worth basically the parts value.
D_d_001
Posts: 1522
Date Joined: 09/03/13
think that if it's been
think that if it's been written off it cant be insured again.
IE no insurance will touch it (maybe with engineers report though) ...not even third party so basically cant be driven on road.
best to check up on the dept of transport website though
Perfish
Posts: 103
Date Joined: 15/11/11
Write-off's can be insured
Write-off's can be insured but only for 3rd party to protect yourself. Fire, theft etc is not an option - from that perspective it's worthless and you've already been paid out the 'replacement' amount when written off. zOOM is pretty much spot on from my understanding, it's worth what you can get for parts or scrap or what someone is willing to pay you for it but will need full disclosure but I guess hail dammage is pretty obvious!
ITO driven on the road (we had one written off in the hail storm) when the first licence renewal comes around post write-off the car should (will have to) be inspected and given a roadworthy certificate else the licence won't be renewed.
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ricey
Posts: 742
Date Joined: 24/12/09
I think it is worth what someone will pay for it
full disclosure - obvious of course
I think you can insure 3rd party, but not for your own vehicle.
but I would happily do that and pay say at least $5000 for a $15000 car with hail damage if it ran fine, knowing if I crashed it I wouldn't get anything.
Sorry mate - not looking for a car at the moment though.
Could sell at auction too I think too.
Wise man says - first take the plank out of your own eye before trying to take the speck out of somebody else's.
Swompa
Posts: 3902
Date Joined: 14/10/12
I had a Nissan Patrol that
I had a Nissan Patrol that was written off in 2010 due to the Hail. It was insured for 6k and had minor damage in my opinion, though as it was 20 years old, it was written off.
I purchased it back that day for 3k, insured it through Youi (the only ones whom I could find who would insure it, and only with 3rd party) and walked away happy.
I drove it for two years and sold it for 5k (who buys a 20 year old car and doesn't expect dents). The guy who purchased it, insured it comprehensively with SGIO who apparently had a deal that they would only insure hail damaged write offs at the value on the sale document.
Two years later, he is happy...
Depending on the car, it can be done and may not affect the value too much.
dalaisc
Posts: 161
Date Joined: 14/07/08
What is it
??
grayzeee
Posts: 2283
Date Joined: 09/07/09
http://www.gumtree.com.au/s-
http://www.gumtree.com.au/s-ad/mullaloo/cars-vans-utes/toyota-landcruiser-diesel-gxl-manual-2000/1056773574
If I spent half as long fishing , as I do reading this bloody forum , I'd be twice the fisherman I am.