Apparently a rather dubious example. All Ferrari though, not a replica. Sad to see its demise though. https://www.facebook.com/video.php?v=1060832287399916
Where's the story on this? Found it. Stupid mindless near communist govment' https://www.birminghammail.co.uk/news/midlands-news/police-seize-crush-200k-ferrari-13094207
How is an illegal rebuild and return to road of a written off car with allegedly stolen parts evidence for a 'stupid mindless near communist govment' ? "He is also charged with four counts of fraud by false representation over four separate insurance policies for a Ferrari." https://www.birminghammail.co.uk/news/midlands-news/millionaire-businessman-charged-fraud-money-13434220
Only a government would get an asset like that and destroy it just for spite. I could go on, but I won't.
"A spokeswoman said the car was crushed last week because it had no valid insurance and was a Category B vehicle - which are officially classed as unroadworthy, meaning the shell has to be destroyed." The vehicle was not fit for road use. However it could have been used for parts I think.
I believe their thinking was that most if not all of the car had no relationship to the VIN it claimed to be, hence why it had to be crushed to avoid any future ownership issues related to any salvaged parts. However I doubt many 458s are missing and never recovered, so the donor car could not have been that difficult to trace if that was the case. The reality is many police forces auction here off stolen items when the original owner cannot be located and this was a show of force. There is even a photo of the car parked outside court by the owner, on the footpath alongside double yellow lines, so I imagine the chief inspector had a bit of a bee in his bonnet as well!
Maybe the car was seized in response to the judgement against him while at court or for something earlier? Sounds like he and his siblings had very little respect for British law and the family is a bunch of fraudsters. Doubt the car was really worth £200,000 as claimed (can you say fraud) due to the pedigree starting to emerge about it. One the positive side, perhaps a future Ferrari enthusiast won't be scammed by the car.
Regardless of the man...it's pretty stupid to crush something that could be part out for a good $50k easily. The man would still lose his car, but the city could net $50k...Typical government mentality to waste money that isnt theirs.
Specifically the body shell has to be crushed, so the engine could've been removed and parts reused? https://www.rac.co.uk/drive/advice/know-how/what-is-an-insurance-write-off/
And I don't know the man, he may be a dirtbag. But maybe the tenants were dirtbags, dope addicts, etc who did not pay. I do know I don't trust the media much on anything. But as state above, I wish governments where smart about things. Any Ferrari parts house could have contributed some funds to the Govment'.
But then you open a further can of worms, the government taking property for profit because you have committed a technical offense. This way there is no profit for the government, and nor should there be. It sounds like he rebuilt a a Category B insurance write off, which is deemed unsafe to economically repair, and classified as such as part of a final financial settlement. Any car can be properly repaired if you spend the time and money, but in the case of this car it would be much cheaper to buy a good one. It’s almost a certainty the car is a bodge, and not one you would want in a million years. Then he parked it on the pavement outside the court, behind double yellow lines, when he was the defendant in an action. He was basically asking for the car to be removed or at least clamped. He seems to have an ongoing problem with the police and the courts. There has to be some way of stopping unscrupulous people like this man from putting cars like this back on the road. Imagine you later purchased it from him, unknowingly. I don’t have much sympathy for him. If the car had been sold unsuspectingly to someone then I would have a lot of sympathy and hope that the authorities would allow the individual to have the shell crushed, and salvage the parts to minimise their loss. They would be left with a legal claim over the person who sold it to them, but that’s life; **** happens. It would be interesting to know if you can repair a CAT B car, if you are willing have it repaired expertly i.e. in the case of something that will be historically important in the future e.g a McLaren F1, even if the value of the car was currently low. I don’t like the bureaucracy, the lack of common sense, the lack of willingness to help, and the blind rule following of the authorities, but this is unlikely to be a clear case of that. If someone got carried away and abused their power, then I hope he has a financial claim, but I doubt it’s the case.
It seems you can repair a Cat B car if you do it properly, and have it inspected and re-registered. However, it will be 100% legal and the V5 registration document, which the police check will reflect that. So what are the chances he spent a fortune repairing it properly? Why didn’t he repair one of the less serious category write offs as is the norm. Those are traded all the time. He also did not say in the information he released to the media that he had the car’s Cat B status reduced, and the car registered properly. He said I spent a lot of money on parts from Ferrari. And most of all, why didn’t he just park it at the end of the car park and put a ticket on it?
A law made by government lawyers, who don't understand the value of anything. Anyone who pays any taxes should be offended by this.
I agree, every person in the chain should have said Stop, including those in the scrap yard. However, some of the comments the owner made, specifically about obtaining quotes for sale of the car as parts, suggest that he may have accepted the car had not been inspected and registered as road legal. Yet he was driving it on the road, parking it on the pavement outside the court.
It’s not a law though, it’s an insurance industry guideline, though it appears the guideline is being used to make it harder to register CAT b cars, compared to how it used to be. So it’s more likely to be a matter of whether it’s was legally registered, than whether it was properly repaired. It could very well turn out that the police abused their power to prevent him from recovering money by the sale of parts, out of malice but maybe not.
I'll bet the track-hoe operator had a good time. He'll be telling that story for a long time down at the pub.
Cat B is no longer just an insurance marker in the UK. Up until recently you could technically put them back on the road, but financially the only way to do such would be if you were provided with the parts for free! as essentially there is nothing left worth salvaging from a cat b car apart from its VIN number, they are a total and utter loss. That loophole has now been closed by the vehicle registration authorities, so even if you recover a cat b car from an insurance company you can no longer register it in the UK. However, as with all loopholes there is always another! cat b cars instead now leave the UK, get rebuilt and re registered abroad then re enter the country under the new registration and off you go again. There is at least one ex UK F40 that has gone through such that is currently for sale in europe.
Not unheard of for someone to play the media looking to sensationalize story a that has no basis in fact.
Yeah, the guy was up to no good, hot parts, fraudulent insurance claims to fund the project. Let's face it, the car has bad juju and you wouldn't want those parts on your car anyway.