R33 Caught Fire!

[Jamie88]

Hey guys just interested in other peoples opinion on my situation. I was ready to sell my car but a month or so ago my r33 ser 1 caught fire as the rocker cover was leaking on the exhaust and it was heatwrapped so it just got soaked with oil heated up and sorta combusted. Now all thats been damaged is the coilpacks/power steering resovoir/ tiny bit of wiring and just general breathers and vaccum lines on the right side of the engine where the exh manifold is. The car has been listed as a repairable write off (dont ask me why) and have been payed out on my insurance claim and they have GIVEN me the car back! The way I see it, its gonna cost me under 1k to fix and have back on the road ready to sell anyway.

Is it worth fixing up and selling? If so How much are they worth nowdays with the following mods?

Or what do you think its worth in current state from what ive described?

Modifications

Full exhaust with Nismo Tip and Screamer Pipe

Hi flowed Turbo by sliding performance

2 Way locked diff

Front mount

Bored throttle body

Apexi Pod (Brand new)

New 1.2mm Cometic head gasket and machined/tested head

16inch Advan racing 3 spoke rims

Drift steering wheel

Sunroof

Type M/Mspec whatever it is standard bodykit

An over all tidy car, black in colour

Thanks guys will be good to hear back from you.

Edited March 11, 2008 by Jamie88

[NYTSKY]

Bargain! You got paid out and you get to keep your car.

Just fix it with the cash you recieved.Then sell it for 2-3k under the sale price.

[joeyjoejoejuniorshabadoo]

that's awesome! fix and sell sell sell or mod mod mod

[charlie22]

geez you came out of that alright! just fix it up and sell it cheap and with your insurance money as well you'll be set.

[Jamie88]

geez you came out of that alright! just fix it up and sell it cheap and with your insurance money as well you'll be set.

What does everyone think is a fair price nowdays. 13k? I know a year or so ago they were selling for 15+ with similar mods.

[WazR32GTSt]

did you get a full payout of market value? or just a payout of what it would cost to fix it?

[krzysiu]

If its a statutory write off and you got paid out wouldn't that mean that its not registrable anymore?

[Jamie88]

If its a statutory write off and you got paid out wouldn't that mean that its not registrable anymore?

Its a "repairable write off" so once its fixed and passes the inspection its fine to be registered again. And it was insured fire and theft for $10k I payed more when I bought it but thats all thrid party would insure for.

[gersfan]

Wow sounds like you've done really well. Just fix it up and sell it I guess.