Looking to sell a category S car? Or how to find the best valuation for a cat s car before selling it privately?
We’ll explain the ins and outs of a cat s car in this quick and insightful guide so that you can not only know what to do with a cat s car but also receive the best possible price when putting your Cat S car for sale.
So, to start we should unravel what is a cat s car.
Insurance providers, if the car is on finance, will often undertake an assessment of a vehicle that is damaged and the costs exceed its worth is classed as ‘Beyond Economic Repair’.
An insurance company will then conduct an inspection of the vehicle. If the damage and predicted cost exceeds 60% of the value of the car, the insurance company will class this as beyond repair and will assign a category S or category N.
Insuring a Category S car can often prove difficult.
Consider this when looking to buy or ensure a cat s car.
The value of a cat S car is often defined by its salvage value. In addition, these factors also play a hand in the value of a cat s car.
Unlike a cat n car, the vehicle isn’t as easily repaired by a licenced car breaker, or indeed your local mechanic.
That doesn’t mean your category s car holds no value.
Certain cat s cars, that are classed as modern salvage, may hold even higher value due to the number of repurposed parts.
As with most vehicles in the used and salvage car market, the age, make and model are also considerable factors that will influence the price of a car s car.
So in this instance, a 2017 CAT S audi a3 quattro will hold more value than a 2012 Vauxhall Corsa.Â
Due to this, when buying a cat s car or indeed selling one, it’s important to look at the long-term value and convenience factors this will have for you when it comes to selling.
When selling a cat s car privately, you should focus on the following 3 factors:
Understandably, when selling a cat s car, the convenience of selling one, the additional costs, and ultimately the price, are all key influences of your decision to sell a cat s car. Prices are wary and the profit you’re left with at the end can only be controlled so much.
In addition, certain methods of selling a cat s car privately do hold extra costs and fees. If you wanted to sell a cat s car on marketplace platforms, these can have listing fees.
Whereas, when looking to chase a quick sale online, such as social media platforms, these can often present more hassle due to additional haggling, no clear-cut price, and also illegal activity.
With price being a key factor for a cat s car, it’s important you find a suitable buyer who specialises in and will pay top dollar for your category s vehicle.
These can be damaged car buyers as well as local salvage dealers. Often, these buyers do require some vetting so you can ensure you’re in safe hands.
If your car is a category s Car and you want to put it up for sale the right way, why not consider Scrap Locals approved Salvage Car Dealers?
By enquiring to sell your cat s car with us, we will find your best prices locally, saving you the hassle and hassle of messing around online.
We buy any cat s car that is for sale, and upon online assessment, can provide you with some fantastic offers.
Our offers are valid and guaranteed, and we handle the rest of the process such as paperwork, quick secure payment alongside free collection nationwide.
So, if you’d like to sell a cat s car, get in touch with Scrap Local today!
Whether you’re a scrap metal dealer, vehicle recycler or even a scrap collector, joining Scrap Local today will give you access to thousands of new enquiries each month!Â
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