 featsoclay Derestricted Danger

Joined: 06 Apr 2013 Karma :    
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 Posted: 22:57 - 05 Sep 2014 Post subject: Category D discount? |
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Everything else being equal, how much would you reduce your offer on a bike if it's been recorded as Cat D? In particular, what if it appears that there's no appreciable damage, but the bike is Cat D because of a prior (failed, obviously) theft?
I'm looking at a naked bike that, for its age, mileage, condition, etc., might be in the range of £2500-3000. I'm wondering how the Cat D classification might affect insurance costs and resale value. Should I be thinking about a minor discount in the range of 5% (£100-200), something like 20% off (£500-600), or something else? |
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 MC Banned
Joined: 01 Apr 2013 Karma :   
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 Posted: 23:06 - 05 Sep 2014 Post subject: |
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From what I've seen online a cat D should be 20% less. My last bike was a cat C and I paid £60 more (on a £300 quote) for some reason. The problem with having a write-off is that it's likely to put buyers and some dealers off the bike in future. ____________________ Yamaha MT-03 '08 (crashed)
Honda XR-125L '04 |
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 Rogerborg nimbA

Joined: 26 Oct 2010 Karma :    
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 Posted: 09:50 - 06 Sep 2014 Post subject: |
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Depends, doesn't it? If it's a 2010 Bandit, big discount or look at the many, many examples to be found elsewhere. A classic Norton, it makes not a jot of difference.
What it really comes down to is: how much do you want that bike? ____________________ Biking is 1/20th as dangerous as horse riding.
GONE: HN125-8, LF-250B, GPz 305, GPZ 500S, Burgman 400 // RIDING: F650GS (800 twin), Royal Enfield Bullet Electra 500 AVL, Ninja 250R because racebike |
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