What is life like with your car? Let us know and win £500 in John Lewis vouchers | No thanks
How much does Cat N marker reduce the value of a car?
How much does a Cat N affect the value of a car?
Asked on 15 July 2024 by Michael Grainger
Answered by
David Ross
There is no hard and fast rule as to how much a Category N marker will reduce the value of a vehicle, as it depends greatly on the values of category-free examples of the particular model. It could be as little as 10% for a desirable model, or as much as 50% for a vehicle that is in less demand and in plentiful supply.
Similar questions
My car was damaged by a person who admits responsibility and wishes to pay for the repairs by claiming on his insurance. The insurer wants to have the repair carried out by an organisation with whom they...
Someone damaged my parked car and left the scene. A passer-by took their registration and left the details under my wiper. Is it worth reporting the incident to the police?
How do I trace the owner? Should...
My son took his Dacia Duster in for its first service and was given a loan car. There was a fault on his car and a replacement part is needed but it is not known when this will be available in the UK....