Quote Originally Posted by precious metal View Post
I am suprised that the car even made as much as £5600 as its CAT D status knocks 30-35 % of a proper cars value and also its the less desireable Rover 260 version over the MG 260. so a £7k proper no drama car is worth around £4500 if CAT D

also if it struggled to make £5651 i dont understand the logic of starting a new auction at the last top bidders auction price of £5651. i cant see anyone wanting to bid now as its looks too expensive to start with and its not really an auction now !!

IMO - i would start it at £4000 and see how it runs or list as £5500 classified price with also an "offer" option button

goodluck
I always thought that a 75 V8 would be more desireable than the MG ZT 260.
As Cat-D is more of an economical write-off than a technical one, I can't see why it would knock 30% off the price.

A car can be Cat-D because the paint job is a good 3k due to certain colours

From a trader's point of view certainly a bargaining point at P/X but when put on the forecourt for sale all of a sudden Cat-D is 'a minor accident that doesn't even appear on the V5'

Personally I think the car is worth at least 6K, regardless of the insurance marker.