Yep, its come to this.. A 10 thousand dollar car for only $500..but how? On answer - moronic government policy in thic country that now makes it illegal to re-register a written off car, whether its was written off for safety or financial reasons. Often when a car is in an accident, and it would cost say $8000 to fix a $12000 car, the insurer will elect to simply write the car off in the interest of ease on the customer.
These vehicles would then be assesed, and generally sold off at auction houses to mechanics and auto shops for repair.However under new laws enacted this year, these vehicles must now be sold for parts only, and the chassis cannot be registed, even if there is nothing wrong with the car but a broken sump, even thou its now fixed.
Take this example,. a 1999 Holden Commodore wagon, auto air con, a highly sought after model, now being sold for $800..
http://www.ebay.com.au/itm/HOLDEN-VT-commordore-BERLINA-WAGON-99-mnr-damage-204k-/280698272334?pt=AU_Cars&hash=item415aebba4e
.A perfectly good car, a chariot in comparison to some vehicles on the road in many couintries, sold being literally destroyed, thrown away at some ones loss all becuase the idiots that create and pass policy in this country make more money than they have sense. Oh and our fahn-tarstic prime minister Julia.
Australia for Republic Now!
Really? what the hell?
ReplyDeleteStupid law but great deal on the car.
ReplyDeleteI need a car so bad, im living in korea right now, the local cars suck and are expensive, european cars.. so damn expensive. Bicycle for me.
ReplyDeleteThat is really unfortunate. The system of selling write offs has worked so well for so long, why change it?
ReplyDeleteso stupid!
ReplyDeleteMost policy makers aren't in touch with everyday going on's.
ReplyDeleteAt least the rest of the world is crazy too, I thought this stupid crap was mostly confined to the states and parts of Europe
ReplyDeleteThat car looks a bit too expansive for me :( but nice blog, I follow
ReplyDeleteThat's, sadly, an amazing on a car like that.
ReplyDelete