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      05-03-2014, 06:19 AM   #1
Rajvosa
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Damaged 1M at pickles Perth

At Perth pickes auction.
How much $$ do you all think is for airbags and all the parts that are damaged/missing...?

http://www.pickles.com.au/damaged-sa...upe/1552162875
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      05-03-2014, 06:25 AM   #2
ItsHectic
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theres no shots of the side to show how bad the chassis is damaged.

I wonder if it can be properly repaired to drive correctly.

From the pics the right rear guard seems slightly bent.

And I wonder if a BMW approved repairer would even want to touch it.
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      05-03-2014, 07:24 AM   #3
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It'll sell for way too much!!!
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      05-03-2014, 04:15 PM   #4
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Last one that was for sale at pickles after being written off went for close to 70k
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      05-03-2014, 05:52 PM   #5
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Quote:
Originally Posted by BMWlady View Post
Last one that was for sale at pickles after being written off went for close to 70k
NO WAY!!!

This review states you can pick on up now for $60K...

http://www.1addicts.com/forums/showthread.php?t=977709

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      05-03-2014, 11:53 PM   #6
Moocow
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Quote:
Originally Posted by Zuzu View Post
NO WAY!!!

This review states you can pick on up now for $60K...

http://www.1addicts.com/forums/showthread.php?t=977709

Going by that, should be able to pick it up for $40-45k then

It'll sell for just under $70k
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      05-04-2014, 06:45 AM   #7
flinchy
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looks like the frame is out of shape a fair bit?

in the .. 7th pic, the left rail looks mangled

the last one that sold for $70k looked much straighter and probably had a shitload of repairs to do.. this one.. wow.

how was this not a full writeoff?
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      05-05-2014, 11:34 PM   #8
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Quote:
Originally Posted by flinchy View Post
looks like the frame is out of shape a fair bit?

in the .. 7th pic, the left rail looks mangled

the last one that sold for $70k looked much straighter and probably had a shitload of repairs to do.. this one.. wow.

how was this not a full writeoff?
Agree. The drivers side rail looks out of whack.
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      05-06-2014, 11:06 PM   #9
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Quote:
Originally Posted by BMWlady View Post
Last one that was for sale at pickles after being written off went for close to 70k
I can comment on this, as I was ready to bid on it.

The last one (orange one in QLD) first went for 69000-ish, then fell through, then went up for auction again the next week and sold for 49500, or somewhere around there. This was back in Jan this year.

That one had all airbags still intact, but some side panel damage, and a lot of under-carriage damage (it mounted a gutter sideways).

I actually got in touch with the previous owner to discuss further (as I could not view the car without jumping on a plane), and he listed all the damage to me. Needed new rear subframe, diff, half shaft, 2 wheels, 2 hubs, controls arms, struts and a lot of other things.

Ordered off Schmiddeman, I calculated about 25k worth of parts (including shipping). EDIT: about 10k, not 25k worth of parts

Only the superficial damage to the side of the vehicle was immediately obvious in the photos, and both times the winning bidder was online, which makes me think that they did not know about all the undercarriage damage, at least definitely in the first instance.

This one *looks* like it would be a cheaper repair than the first one, but the first one *looked* like a cheap repair too (from the photos), even cheaper than this one, but clearly it wasn't.

Hope this helps.

Last edited by Kkuba; 05-06-2014 at 11:43 PM.. Reason: Error
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      05-06-2014, 11:14 PM   #10
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Quote:
Originally Posted by Kkuba View Post
Ordered off Schmiddeman, I calculated about 25k worth of parts (including shipping).
Buying from Schmiedmann will probably add another 50% to repair costs with all the damaged/missing items
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      05-06-2014, 11:25 PM   #11
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Quote:
Originally Posted by Knightelf View Post
Buying from Schmiedmann will probably add another 50% to repair costs with all the damaged/missing items
My mistake, I just checked my spreadsheet, and it was $8600 worth of parts, about 10k at my door, after tax etc.

It was 25k worth of parts according to the quote which the insurance company gave the previous owner.
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      05-06-2014, 11:33 PM   #12
flinchy
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$50k buy with $10k in parts to repair isn't as terrible a deal as it first sounded...

probably find plenty of parts from ebay uk if desired, too.
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      05-06-2014, 11:47 PM   #13
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Quote:
Originally Posted by flinchy View Post
$50k buy with $10k in parts to repair isn't as terrible a deal as it first sounded...

probably find plenty of parts from ebay uk if desired, too.
My spreadsheet told me, if I assumed the frame repaired for 5k, then including all parts, transport to Melbourne, auction fees, paiting, VIV check, rego, RWC, stamp duty and insurance, it was just shy of 80k on the road. And that was with me doing all the part replacement myself (replacing the subframe and everything within it, and putting all the other new parts on, control arms, struts, hubs, etc.)

EDIT: that was 75k ready to be registered.

Last edited by Kkuba; 05-06-2014 at 11:56 PM..
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      05-07-2014, 01:28 AM   #14
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imo it would need to be repaired and on the road sub 55k. The resale will take a hard hit as it will be listed as a repairable write off. Would you buy a 1M listed as rwo? I wouldn't unless it was going to be a pure toy as a track car.

Last edited by MR RIZK; 05-07-2014 at 02:18 AM..
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      05-07-2014, 01:33 AM   #15
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For the right price and if it was mechanically inspected for safety im sure someone would but I wouldnt buy a rwo you can never be sure
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      05-07-2014, 01:55 AM   #16
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Quote:
Originally Posted by MR RIZK View Post
imo it would need to be repaired and on the road sub 55k. The resale will take a hard hit as it will be listed as a repairable write off. Would you buy a 1M listed as rwo?
Wouldn't buy any car, regardless of make that was a RWO.

Most purchasers/repairers of RWO, are bought for the sole reason of resale, so they will allways cut corners with repairs IMO.
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      05-07-2014, 04:47 AM   #17
ItsHectic
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Can a RWO handle track work without getting out of shape?
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      05-07-2014, 06:18 AM   #18
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Hectic, are you on Hallucinogens?
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      05-07-2014, 06:56 PM   #19
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Quote:
Originally Posted by ItsHectic View Post
Can a RWO handle track work without getting out of shape?
depends on what shape it is in to start with
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      05-07-2014, 07:25 PM   #20
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Hectic, are you on Hallucinogens?
Haha I'm still not sure if he is a troll account or not.
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      05-07-2014, 08:42 PM   #21
ItsHectic
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Quote:
Originally Posted by Alpine* View Post
Hectic, are you on Hallucinogens?
LOL wtf why? Im asking a pretty reasonable question. Chassis flex heaps on the track so how is it hard to imagine something that was bent pretty badly and bent back not flex properly on the track and stay straight after repeated use?

FYI Lotus recommend that once their cars have chassis damage you do not bother repairing them.
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Last edited by ItsHectic; 05-07-2014 at 08:48 PM..
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      05-07-2014, 08:55 PM   #22
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People buy rwo all the time to bring to the track and have them as track only cars. Cage it up
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