Wood Dash mk3 accident damaged

[BAR 1]

I’ve tried to put the link & I ever screenshot the page but it’s not working so google
HBC Salvage,
It’s at the Canvey Island branch

[Chris_R]

Chassis 2240/1827
There you go:
https://www.hbc.co.uk/cgi-bin/zyview/D= ... /R=7734965" onclick="window.open(this.href);return false;
Currently bid to £7650. Reserve price not met. Website claims 116 bids so far. Current high bidder appears to be another salvage company!
It'll only be there a couple more days so here is a picture.

2240-1827.jpg (60.98 KiB) Viewed 5070 times

[BAR 1]

Well done Chris I couldn’t get the pictures to load

[johnw]

Could be an absolute cracker of a car this one. I guess it all depends on the pre accident condition.

[colin7673]

What a shame,

[Chris_R]

Well done Chris I couldn’t get the pictures to load

You need to first save the picture to your computer then you can use the file attachment section just below where you type a post.
After saving the picture, use the Browse button to locate it and put the filename in the box, then click on Add the file, then use the Place inline button to put the picture in the forum post. Make sure the cursor in the post is positioned where you want the picture to appear otherwise it will get put right at the beginning of the post.

Forum post.jpg (134.87 KiB) Viewed 4924 times

Here is another picture of the car.

2240-1827 #2.jpg (63.5 KiB) Viewed 4924 times

[Frankoid]

It looks like it was driven at speed into a bollard

[Steve Payne]

It makes you wonder why it has not been repaired by the insurance company? For what looks like a good car before accident you would think its pre accident value far exceeded the cost of repair unless the damage is far worse than it looks?

Steve

[Peter Rothery]

I hope the fork lift driver takes note of the sign "Don't side lift" when loading the car. Usually they manage to destroy the sills and exhaust pipes/Manifolds when handling the stock.

Interesting that the kick down mechanism is in the boot. Cause of accident - user error, jammed throttle or brake failure?

Shame there are no pictures of the underside...anyone hitting a lamp post or bollard dead centre that hard usually hit a kerb first?

[Chris_R]

It makes you wonder why it has not been repaired by the insurance company? For what looks like a good car before accident you would think its pre accident value far exceeded the cost of repair unless the damage is far worse than it looks?

Steve

Recent experience of this topic has shown that not all insurance assessors are familiar with the peculiarities of classic cars and they try to assess them based on modern methods. It depends on the insurer and the engineers they employ. IF they insure cars like this they SHOULD employ suitably qualified and experienced assessors but with classic cars representing less than 1% of cars in the UK, and many of those from the '50s onwards were monocoque construction (e.g BMC, Ford, Vauxhalls, many Jaguars and so on), engineers who are suitably expert in this field are few and far between. And then it depends on what value had been agreed on the car.

[Grant]

Reserve not met at £12.3K

[Steve Payne]

I would have said that is about its worth looking at the pictures as long as there is no chassis damage. It will probably cost the same again to get back on the road using new parts and of course it will be a Cat C or what ever Cat they are now putting on cars like this?

I wonder what the reserve was?

Steve

[Chris_R]

Steve, the new category system does not need to be applied to classic cars like this. There are now two category groups which fall under either repairable or non-repairable.
Non-repairable are either A or B. Category A write-offs must be disposed of in their entirety with no parts removed. Parts can be removed and re-used from Category B write-offs.
Repairable write-offs are either Category S (Structural damage) or Category N (No structural damage incurred). Category S write-offs will have a marker on the V5C. Category N will have no indication recorded on the V5C.

The ABI Code of Conduct for insurance write-offs starts with this wording:

8.0 CRITERIA FOR CATEGORISING VEHICLE SALVAGE
It is the appropriate qualified person’s responsibility to apply good engineering practice and safety considerations when deciding whether a vehicle is categorised as repairable, broken for spares or totally destroyed.

8.1 Question 1 - Is the damage sufficiently severe to warrant application of this code?

Some vehicles will remain outside of this code, for example stolen recovered vehicles with no or minimal damage.

It is recognised that some historic/ classic vehicles or vehicles of special interest may be repaired irrespective of extent of damage, providing it is safe to do so. In these cases the vehicle will fall outside the Code of Practice, which will not apply.

This car should have been assessed outside the write-off code and therefore should not have any write-off category assigned.

A little known feature of classic car insurance concerns the salvage rights and what you might have to pay back to the insurance company to retain the salvage. Rob Heydon wrote about this recently in the magazine based on his experience and discovery. Most classic car insurance is underwritten by KGM and they have a deal with salvage companies that if they write-off a car that the salvage company will take the damaged vehicle and return a certain percentage of the value to the insurance company, in other words buy it from the insurance company, the price they pay is a fixed percentage of the write-off amount. The percentage varies according to the write-off amount but can be as much as 40%. If you want to retain salvage you will have the amount that the insurer could get from the salvage company deducted from your settlement, which as said could be as much as 40% of your agreed value.
If this car was valued at say £35k the insurer will sell it to the salvage company for £14k on top of which the salvage company must make its profit. This is why there have been some high prices on ebay on some parts on sale by a salvage company from a fire-damaged Mk1 Interceptor e.g. £1100 for a 727 gearbox, £1550 for a bare bones engine, £275 for a fire damaged 4-barrel carburetor, £110 for a pair of headlamps and so on. They paid a high price to the insurance company and have to get it back somehow.