Thoughts on the CAT d CSL

gingernuts · 17-12-2012, 02:02 PM

Hi gents,

Just wanted to know what people think about the CAT D CSL the Nick Johnson Has at the minute.

To me, if it passes a BMW inspection it could be a very cheap route to a low mileage CSL. And given the fact that the number of CSL's is going to fall as they are written off/broken for parts, it should still go up in value (granted proportionally not as much but it should still rise).

Is there more to the story that people may be aware of?

The other thing i noticed is if you look carefully at the photos, it sits lower on one side than the other at the back.....cracked springs? subframe? uneven ground?

http://www.nickjohnsonmotorco.co.uk/...01227477365128

Apologies if this has been covered before or is in the wrong section!

Steve B · 17-12-2012, 04:02 PM

I was considering the same car back in September, but I decided to leave it due to the resale value when I come to sell.

Not alot of help really but just my insight into them.

Cheers
Steve

Bounce · 17-12-2012, 05:47 PM

Quote:

Originally Posted by gingernuts

Hi gents,

Just wanted to know what people think about the CAT D CSL the Nick Johnson Has at the minute.

To me, if it passes a BMW inspection it could be a very cheap route to a low mileage CSL. And given the fact that the number of CSL's is going to fall as they are written off/broken for parts, it should still go up in value (granted proportionally not as much but it should still rise).

Is there more to the story that people may be aware of?

The other thing i noticed is if you look carefully at the photos, it sits lower on one side than the other at the back.....cracked springs? subframe? uneven ground?

http://www.nickjohnsonmotorco.co.uk/...01227477365128

Apologies if this has been covered before or is in the wrong section!

Id rather have a higher mileage one that wasn't a cat D,but that's only my opinion

**CraigMillwardCroft** · 17-12-2012, 05:59 PM

Quote:

Originally Posted by Bounce

Id rather have a higher mileage one that wasn't a cat D,but that's only my opinion

If the car was a keeper then maybe, but the best ones to keep are the straight ones, Cat D will always be a knocking point when up for sale

cslsuperfan · 17-12-2012, 08:20 PM

Without repeating the good people on here, a keeper, possibly but for resale you will be lumbered. NJ has had this car for some time now and previous cat d's on PH have taken an age to sell unless heavily discounted.
Spend an extra 5K and get a straight cesil with BMWSH. Spring 2013 will be the time as 12 month ownerships will be coming to an end.

s.mac · 17-12-2012, 09:57 PM

seems a bit steep for a cat d?? would be OK if you were going to cage it up, strip it etc and then sell caged up, but always a stumbling block for resale
IMO

gingernuts · 17-12-2012, 10:02 PM

Just confirming my doubts really gents. For me it would be a cheaper (would be making an offer not taking it at asking price) way into a CSL. But I wanted to gauge opinion on it as at the end of the day its guys like you that will buy it, and if you wouldn't then it'll be a hard sell and isn't for me!

**CraigMillwardCroft** · 17-12-2012, 10:22 PM

Quote:

Originally Posted by gingernuts

Just confirming my doubts really gents. For me it would be a cheaper (would be making an offer not taking it at asking price) way into a CSL. But I wanted to gauge opinion on it as at the end of the day its guys like you that will buy it, and if you wouldn't then it'll be a hard sell and isn't for me!

You certainly would not be able to sell it quick enough to fund a house purchase, and it would not be an investment

Neil M · 17-12-2012, 10:32 PM

Quote:

Originally Posted by gingernuts

Just confirming my doubts really gents. For me it would be a cheaper (would be making an offer not taking it at asking price) way into a CSL. But I wanted to gauge opinion on it as at the end of the day its guys like you that will buy it, and if you wouldn't then it'll be a hard sell and isn't for me!

This car has been about for quite some time now 18 months:
My notes when looking for one:
"PH, CSL, Plate: M3 XCL (04), colour: Silver Grey, mileage: 35,500, number of owners: 5, price: £20,500, seller: Nick Johnson, location: Abingdon NOTE: Cat D (price reduced was £23,500)

For this car to sell it needs to be 18K realistically and needs a buyer that is either; going to keep it, until the wheels drop off, or someone who will use it purely as a track car.
You wouldn't buy it as a daily driver or as an investment, no matter how good it is or who checks it over, the Cat D is indelibly impressed on the V5 which also has the effect of making it almost impossible to insure.

Bottom line stay well away, no matter how tempted.
Just for info NJ is also a register member

gingernuts · 17-12-2012, 10:42 PM

Cheers guys, glad I asked now, some helpful input.

SO on a side note, anyone know why its lower on one side at the back?

17-12-2012, 02:02 PM	#1
gingernuts S4 - Getting the hang of it Join Date: Dec 2012 Location: Perth, Scotland Posts: 186 Casino cash: $112	Thoughts on the CAT d CSL Hi gents, Just wanted to know what people think about the CAT D CSL the Nick Johnson Has at the minute. To me, if it passes a BMW inspection it could be a very cheap route to a low mileage CSL. And given the fact that the number of CSL's is going to fall as they are written off/broken for parts, it should still go up in value (granted proportionally not as much but it should still rise). Is there more to the story that people may be aware of? The other thing i noticed is if you look carefully at the photos, it sits lower on one side than the other at the back.....cracked springs? subframe? uneven ground? http://www.nickjohnsonmotorco.co.uk/...01227477365128 Apologies if this has been covered before or is in the wrong section!

17-12-2012, 04:02 PM	#2
Steve B S5, Sport Off, DSC M-track Join Date: Sep 2012 Location: Stevenage, Herts Posts: 760 Casino cash: $41	I was considering the same car back in September, but I decided to leave it due to the resale value when I come to sell. Not alot of help really but just my insight into them. Cheers Steve __________________ When it's gone you miss it..... Now in a M4CS

17-12-2012, 08:20 PM	#5
cslsuperfan Driving it like I nicked it Join Date: Apr 2008 Location: wales Posts: 2,222 Casino cash: $19520	cat d Without repeating the good people on here, a keeper, possibly but for resale you will be lumbered. NJ has had this car for some time now and previous cat d's on PH have taken an age to sell unless heavily discounted. Spend an extra 5K and get a straight cesil with BMWSH. Spring 2013 will be the time as 12 month ownerships will be coming to an end.

17-12-2012, 09:57 PM	#6
s.mac CSL Register Uber-poster! Join Date: Jun 2008 Posts: 4,247 Casino cash: $15600	seems a bit steep for a cat d?? would be OK if you were going to cage it up, strip it etc and then sell caged up, but always a stumbling block for resale IMO

17-12-2012, 10:02 PM	#7
gingernuts S4 - Getting the hang of it Join Date: Dec 2012 Location: Perth, Scotland Posts: 186 Casino cash: $112	Just confirming my doubts really gents. For me it would be a cheaper (would be making an offer not taking it at asking price) way into a CSL. But I wanted to gauge opinion on it as at the end of the day its guys like you that will buy it, and if you wouldn't then it'll be a hard sell and isn't for me!

17-12-2012, 10:42 PM	#10
gingernuts S4 - Getting the hang of it Join Date: Dec 2012 Location: Perth, Scotland Posts: 186 Casino cash: $112	Cheers guys, glad I asked now, some helpful input. SO on a side note, anyone know why its lower on one side at the back?