How much value does a Category N lose?

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How much value does a Category N lose?

If a car is a Cat N how much should the car be reduced by?

Asked on 2 April 2023 by brian solomon

Answered by David Ross

There is no fixed amount that a car being Category N will reduce its value by, as it depends very much on the value of a non-Category N vehicle of the same type. We would suggest finding other examples of this particular car that are for sale to get an idea for what this car would be worth normally, and then subtracting anywhere between 5 and 10 per cent as a rough guide.

Tags: insurance used cars write off value

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