Talk Morgan Forums Morgan Sports Cars Morgan Aero 8, 2012< Plus 8, SuperSports, Coupe & Aeromax Down to 100 good ones?

Can cars ever be declassified once registered?

Reading this thread helps to refresh the memory.

As for the Aeromax in question, the ad quotes it as being Cat B, which as per Dean's comments, I have always thought meant 'to be broken and not for road use'

"Category B The vehicle may not be resold. It will have been damaged beyond economical repair, usually with major structural damage. The DVLA will require Notification of Destruction but parts can be removed and sold on."

quoted from: http://www.datachecks.co.uk/insurancelosscategories.htm

This certainly matches up with my recollection of the story surround car #38.

(anyone vaguely tempted, please read the original thread)

You know what they say. If it looks to good to be true, then chances are it is.

My feelings are similar to that of the +8 Manual Sinario, rather than condem the car it is possible the repair is that of equal to a Factory produced car. So no good condemning it unless you have inspected it.

The car is saleable, but at a price, the problem been, usually the rule of thumb is 2/3 of Net worth, unfortunately two many repairers work from retail as this is the guide they pick up from looking in Autotrader or in this case they will more than lightly researched previous Dealer advertising prices and cut a margin off that to 'in there view' make the car look cheap.

Next problem is a Dealer of such a caliber car would more than likely never touch it with a barge pole and would not want to be associated with such a thing.
In effect it lies in the replica value category, hence £40k

Dean, is it not slightly more serious than that? A Cat B car is not for road use and is meant to have been stripped for parts; surely that means the car should not be on the road, let alone for sale as a useable vehicle (repaired or not!).

The first comment in this thread quotes the then seller as mentioning, in essence, a loophole which would allow it back on the road. Now the current seller is stating Cat B.

To my mind, this is a little more than condemning a car without an inspection.

I totally agree Simon, i am only leaving the Gate ajar incase someone has found away around it that i am not knowledgable of.

For instance is it under an Aeromax Logbook or is it down as a repaired S3 S4, with an Aeromax backend, Inspectors might not of been familier with an Aeromax, there could be all sorts of reasons and like i say if like my friend the Guy might of found away around re classifying if he could prove a satisfactory repair.

Lets face it from what damage i could see of the photo's it didnt look to bad (Panel Damage)

there is also another aspect, the insurance have been known to reclassify to gain a higher buy back price,

again only going off the rules a few years ago salvage yards were put in the position where they Paid the insurance Companies 5% of net car value regardless of its condition, so if a car had been burnt out, they still had to pay out 5% of what the insurance had paid the owner, but the burnt shell was rendered nul.

The insurance Companies soon realised they were not getting any value for Salvage, so in some rare instances they would re catagorise the car to the Salvage yard, hence the Salvage Dealer paid out more, but could retreive more through re sale with the advantage of it now sited as a catagory C or D.

H.P.I are an independant body, the insurance companies only offer the information volintary, therefore H.P.I could be holding duff information, its happened plenty of times before, sometimes for the worse.

DVLA have already issued a log book and taxed for road use so its only a case of has the work been done properly (looks so from the pictures) and whats it worth. A good friend in the motor trade tells me that as a rule of thumb: a satisfactorily repaired Cat C should cost no more than 50% of the market value of a straight car. I would expect to pay less than that for a Cat B but then this is a rare Aeromax.

deano see my earlier post, would you agree we are singing from the same hymn sheet £40K was my estimated guess, i believe if i got it for that (theoretically) i would be able to get out of it without to much pain and have some fun in the mean time, eh but why me i have a real one

Dean Agree £40k would be the right calculated market value. But as its an aeromax and if the repair is as good as it looks in the photos, my guess is it will sell between £55k and £65k depending on the level of interest from buyers. And you cant beat the real thing!!

More disapointing, Aeromax's will not increase in value if they keep rebuilding them, Shorter numbers= higher prices