Z4-forum.com

Boy and Girls,

Not mine however i have been watching Copart website to see when my car goes up forsale and this one has come up so far. Would be a chap Z4 for someone even if just for parts..

Must admit not much spec to it but hey someone looking to get a cheap one as a project it would be good.

https://www.copart.co.uk/lot/43201387

My guess it goes for £2000 max, anyone got better guesses?

Seems cheap - BUT Copart fees are ridiculous!

Mike

It’s not too bad, but you do have to take it into account.. apart from yearly membership fee (was £50 a few years ago), if it goes for £2000 the fee is £173 (buyer fee) + £7.50 (to bid online, free at a copart centre) + £15 (to move the vehicle for collection) all + VAT.
What I would want to know is, how, or why, do cars that are not insurance write-offs end up in copart!

Steely wrote: ↑Wed Oct 18, 2017 1:08 pm It’s not too bad, but you do have to take it into account.. apart from yearly membership fee (was £50 a few years ago), if it goes for £2000 the fee is £173 (buyer fee) + £7.50 (to bid online, free at a copart centre) + £15 (to move the vehicle for collection) all + VAT.
What I would want to know is, how, or why, do cars that are not insurance write-offs end up in copart!

So that's £234.60 on top if it goes for £2k? Hardly "not bad" and one of the reasons I rarely use Copart these days, although I do still hae an account (£50+vat/year)

Regarding your question, there are a few reasons.

Uninsured cars involved in accidents that have been seized

Abandoned vehicles recovered by local authorities

Vehicles seized by bailiffs against debts

Mike

!!! Like I said, you take it into account, it’s part of the price, and not “too bad” if your getting the car for a reasonable price anyway, £2234.60 isn’t “too bad” on a car worth possibly 4k, is it.
British Car auctions charge £396 on a £2000 hammer price, or £231 for members.

Ducklakeview wrote: ↑Wed Oct 18, 2017 1:38 pm

Steely wrote: ↑Wed Oct 18, 2017 1:08 pm It’s not too bad, but you do have to take it into account.. apart from yearly membership fee (was £50 a few years ago), if it goes for £2000 the fee is £173 (buyer fee) + £7.50 (to bid online, free at a copart centre) + £15 (to move the vehicle for collection) all + VAT.
What I would want to know is, how, or why, do cars that are not insurance write-offs end up in copart!

So that's £234.60 on top if it goes for £2k? Hardly "not bad" and one of the reasons I rarely use Copart these days, although I do still hae an account (£50+vat/year)

Regarding your question, there are a few reasons.

Uninsured cars involved in accidents that have been seized

Abandoned vehicles recovered by local authorities

Vehicles seized by bailiffs against debts

Mike

The reason I'm watching copart is that I was but in the rear by a guy insured with Aviva. I had insurance and they wrote it off without even looking at it then Aviva got copart to collect it. They have a deal with them to take any vehicle that's a write off.

Carmad84 wrote: ↑Wed Oct 18, 2017 8:17 pm

Ducklakeview wrote: ↑Wed Oct 18, 2017 1:38 pm

Steely wrote: ↑Wed Oct 18, 2017 1:08 pm It’s not too bad, but you do have to take it into account.. apart from yearly membership fee (was £50 a few years ago), if it goes for £2000 the fee is £173 (buyer fee) + £7.50 (to bid online, free at a copart centre) + £15 (to move the vehicle for collection) all + VAT.
What I would want to know is, how, or why, do cars that are not insurance write-offs end up in copart!

So that's £234.60 on top if it goes for £2k? Hardly "not bad" and one of the reasons I rarely use Copart these days, although I do still hae an account (£50+vat/year)

Regarding your question, there are a few reasons.

Uninsured cars involved in accidents that have been seized

Abandoned vehicles recovered by local authorities

Vehicles seized by bailiffs against debts

Mike

The reason I'm watching copart is that I was but in the rear by a guy insured with Aviva. I had insurance and they wrote it off without even looking at it then Aviva got copart to collect it. They have a deal with them to take any vehicle that's a write off.

So are you after getting it back? Thought you were "progressing" to a 3.0?

Mike

Ducklakeview wrote: ↑Wed Oct 18, 2017 8:20 pm

Carmad84 wrote: ↑Wed Oct 18, 2017 8:17 pm

Ducklakeview wrote: ↑Wed Oct 18, 2017 1:38 pm

So that's £234.60 on top if it goes for £2k? Hardly "not bad" and one of the reasons I rarely use Copart these days, although I do still hae an account (£50+vat/year)

Regarding your question, there are a few reasons.

Uninsured cars involved in accidents that have been seized

Abandoned vehicles recovered by local authorities

Vehicles seized by bailiffs against debts

Mike

The reason I'm watching copart is that I was but in the rear by a guy insured with Aviva. I had insurance and they wrote it off without even looking at it then Aviva got copart to collect it. They have a deal with them to take any vehicle that's a write off.

So are you after getting it back? Thought you were "progressing" to a 3.0?

Mike

No not getting it back just keeping an eye out for the old girl.

Z4 has had to take a back seat for the moment I'm afraid, I'm now saving to buy a house and my commute to work and back is 90miles a day. So for the moment I have a nice Audi A3 to keep costs down.

As soon as I've moved I will be on the hunt for a Z4 again

I had my Z3 M coupe written off by Aviva and end up on copart, i think it was a few weeks before it was listed.
I wanted to buy it back but lost out to another bidder, it was back on the road within a few weeks and eventually ended up with a friend, the buyer offered it to me for what it cost to buy and repair, but I had already moved on to another car so a friend had it, wish it was still mine with the way they increased in price shortly after, went for £7500 on copart and I was offered it for £8500 (insurance paid me £10500 and I kept the private plate, it cost me £9k with the plate).

It ended up with Copart because the insurer has a deal with Copart that means all their write-offs go to Copart, who pay the insurer a pre-agreed amount - typically a percentage of the write-off settlement.

Back when I was handling motor claims in the early 80s my employer had a panel of salvage buyers who were invited to make a bid by a specified date - they got much more for desirable stuff, but less for the dross!

Mind you it was great for staff - we could buy it if we bid more than the salvage buyers. I got a couple of good stolen/recovered ones cheap!