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Cat C cars - holding value etc

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Hi

I'm looking at buying a mk1 again and have seen one that's been recently repainted, repairs done well etc but it's come up as a CAT C stolen recovered in 2012 (not by police or insurance), VIC inspection done 2013.

I understand there is a minefield or reasons why it was CAT C but how much would this affect future value etc from your more experienced opinions and would you stay clear of it

Thank you

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My problem with buying a cat c, unless maybe its a very good price, is that one day you might want to sell it...

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abfmk1 said

My problem with buying a cat c, unless maybe its a very good price, is that one day you might want to sell it…

Agree, just thinking that with the fact Mk1's are always increasing in value eventually would that matter ?

I've done some digging and seen posts (not pictures) from previous owners of what was damaged and it was bought back by the owner years ago repaired then sold on

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Obviously you pay a cheaper price when the car is a category vehicle but I guess it comes down to whether you feel happy with the price that you paid for the category that the car is registered in. Personaly I wouldn't as you can never vouch for how the repair was done and to what standard

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A CAT C car will always be worth 30%-50% (dependant on original damage) less than market value of a non cat car.

As long as you buy it at a price that correlates with this, and expect to sell it at a price that correlates to this, then there will be no issues.

(assuming the repair is adequate of course)
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