Should you buy an insurance write-off (Cat N or Cat S) Porsche? 🤔
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- Опубліковано 22 лип 2024
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You've found the car of your dreams that's cheaper than others on the market, but there is a catch… it's a certified insurance write-off. So what do you do?
In this video we look at the pros and cons to buying a Cat N or Cat S sports car, and decide whether the risk is worth it or not. You'll learn what each of the write-off categories A, B, S and N (plus the former Cat C & Cat D), what you need to look for, and what you should consider before taking the plunge.
Have you bought a Cat N or Cat S sports car before? What was your experience, good or bad? Let us know in the comments below so we can help others in the community.
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I got an amazing trade for a 2002 C4S with previous cat d...it was only a rear bumper and new exhaust system required, but at the time , using Porsche parts + labour that was more than half the value of the car. No other damage.
10 years later I got a wicked deal .
This is great to hear and a real 'win' for you! Thanks for sharing your experience.
Great video always🥰
I hope you take an extra vid for a 996 tt too
I kind of love the idea of a cat write off Porsche the only problem would be avoiding the ones that have been poorly repaired , but if you get a good one surely you've got a good track day car
Absolutely porsche is a strong well built car the integrity of the structure is well documented
Several excellent points, all well made.
That series of West Sussex uphill bends is *chef’s kiss* !
Great video as always lee I’ve never let crash damage or miles put me off a car especially if I could one day have a 911 thanks
Extremely well put Lee! I agree think how many guilt free miles can be done. Nice to see a video talking about this in the Porsche world
Thanks Ben!
For something rare & special and a ‘forever’ car then why not as you’re not going worry about resale value so if the repair is done properly then you’re on to a winner - so long as you can sort out any possible insurance problem.
Nice wave to the passing Porsche!
Absolutely nothing wrong with buying a damaged repaired/repairable car if you go into it with your eyes open. Good film Lee.
I've always got time for a passing p-car! Thank you for the kind words!
Another long winded click posting on Cat cars. How many are there on here?.
20-30% cheaper, get the car checked over by a pro.
That's it.
Got my 2004 C2 cab (996) with 75k miles for $15k USD a few years ago. It had been damaged and considered totaled... but then was professionally repaired before I bought it. I've owned it for 3 years now and not had a single issue with it. Great purchase!!!
Would have been nice to talk about CatC and Cat D. Thanks for the Video though. 👌🏿
Great vid and agree with your comments
When your on a budget I think the toss up is between a cat car or high mileage as the difference is very little between them. But as most people would agree but the best one you can afford to buy and run
Absolutely! As always, buy the very best one you can afford.
You have to consider that many insurance companies won't insure these, and this will typically increase your premium.
My insurance company stated the write of detail is not a big deal just a note on the paperwork that's good news
After watching this I got to wondering about this here in the USA. I found my answer on Vinwiki. The situation here is mimd-numbingly complex. You guys are so lucky with your simple, universal approach.
It is a good system here it has to be said!
Well pitched Lee, I can afford 9:11 for you! This was a well put together article, and it does make one think......
Cheers
Thank you for the kind words, and your time!
Hah! Love the little wave to the oncoming 911 at the end there. 🤘🏼
Good spot! And yes, I've always got time for a passing p-car.
I watched a video yesterday where Pritchard and Cowland managed to get a write-off marker removed from a 205gti.
Where would you go about finding one of these? It would be perfect for my situation. Cheers!
Very good video on a topic which is tabu for many people. I personally don't care, if the car is straight, it's straight. What you save buying, you won't make back selling . Buy on condition
Thank you, I was a little nervous putting this video out there, for the very reasons you mention. Great to see it's been well received.
I’m a VDA for over 15 years and the last 9 years in a Porsche recommended Bodyshop and I know these cars inside out and it concerns me a lot why this was a total loss and how it got repaired , I would love to see the original audatex estimate to see what was estimated for and which insurance company total lossed it as that makes a difference as some insurance companies kill cars at 60 percent of the value and some go to the value of the car
Flood damage would be the best option, but I would want to see the car after the crash and what was damaged just so I know what I'm driving. Certainly an option if it's a keeper.
Pretty sure you can apply for it to be de-categorised.
I have just bought a cat S porsche 997 for 10 K less than market value 50 K miles drove it home 300 M drives lovely engine no smoke or noises opportunity to buy the car of your dreams for a knockdown price it was the last item on my bucket list
Something to consider is at least you know and have the history, a lot of GT cars are crashed in track and fixed, or it could have been in the same accident and a different insurance company would have repaired it. In both these cases you would pay full price and believe you have a clean car
Agreed!
Yes, you can pay for it to be repaired yourself, or fix it yourself and nobody would know!! Especially track days
Yes, you can pay for it to be repaired yourself, or fix it yourself and nobody would know!! Especially track days
I bought a CAT S 997 C2S 2 years ago for £14k (around £10k or 40% less than similar cars). It has 2 previous owners and last owner for 8 years maintained with a Porsche warranty, so the underlying car was sound. The only ’chassis’ damage was suspension, nothing on the actual body so I’d even question the CAT markers given to some cars. These are parts due for replacement anyway on these cars so it really didn’t matter. I’ve never had an issue with insurance, I just have a normal car policy from a reputable insurer and it costs me around £300 per year.
does the insurance company know it was a cat s? Truthfully now? Because you do not have to tell them, but when it comes to an accident , they will not pay out if they find out. They will do anything
love the little wave to the other Porsche driver.... Is that just a Porsche thing or do other sports car wave to each other 😀
I do it all the time, Paul, but don't always get a wave back, ahaha!!
Why not then
I'm intrigued to know what happened to the car in order for it to be considered an insurance write-off, given that it's value is so high.
What happened with the follow-up videos on the 964?
Interesting that this has been brought up… I canned the series at it didn't get a lot of interest. I may revisit if the demand is there.
Have the rules changed? I bought a Cat D BMW from an unscrupulous seller some years ago. I did not discover this until I came to part exchange it in 2015. I contacted Experian (HPI) and somehow they managed to get the Cat D flag lifted. I sold the car for market value.
This car is meant to be bought not sold if you know what I mean...
i would never ever buy a cat n or d no resale value .