I have found that my Porsche is a Category D write-off - can I get a refund?

I privately purchased a 2005 Porsche 911 Carrera S with 38,000 miles on the clock in March 2012 for £26,375. The vendor specifically denied any insurance loss on the vehicle and I performed a vehicle history check. This reported the vehicle to be clear of any concerns and I duly proceeded with the purchase. Contingent on the history report and purchase I then spent, amongst other items, £2300 on a Warranty Direct three-year warranty, £1400 on new tyres all round and £300 on a minor service. I commute 90 miles a day and the car has just passed 50,000 miles.

In September, I tried to replace a lost key, ordering one through the Porsche OPC network. This request was rejected by Porsche GmBH as they have the chassis number recorded as a total loss. At this point I performed another history check with a different company, that showed a Category D loss on 11 January 2007. I immediately filed a claim with the original history checking company and they have responded with an offer of £13,187, i.e. 50 per cent of my purchase price, claiming that the loss was not showing at the time of my check.

I am very reluctant to keep hold of a car where I cannot obtain a spare key and where I can envisage great future difficulty in selling a Cat D loss when this model is so widely available on the secondhand market. My preferred outcome would be a complete refund of the original purchase price plus a substantial if not complete consideration to my subsequent expenditure. Please would you advise me if my wishes are enforceable or unrealistic and how I might best proceed?

Asked on 5 January 2013 by JC, via email

Answered by Honest John
First you'd better read this to understand what a 'Cat D total loss’ means: www.honestjohn.co.uk/faq/insurance-write-offs/

It's not very serious. If you can't get an additional key from Porsche you can probably get it from one of the locksmiths in this list: www.honestjohn.co.uk/useful-websites/specialists/

The only bad news is that someone, somewhere still has a key to your car. So it might be an idea to put it onto a cheap 'personal plate' so it is not readily identifiable. I'd settle for the £13,187 compensation and keep the car. I think that amount is greater than any loss you have incurred.
Similar questions
My daughter had an accident where the insurers wrote off her car. We were under the impression the car was being scrapped, but it turns out a dealer has rebuilt it and sold it on and we are now being hounded...
I bought a four year old mini motor caravan from a reputable dealer in May. It was advertised as one owner, but I had to wait a number of weeks before I picked it up from them as the previous owner hadn't...
I recently bought a car at a small independent dealership. The dealer only had one key for my new car so I decided to contact the previous owner. The previous owner said he had left two keys with the dealer...
 

Value my car

Save £75 on Warranty using code HJ75

with MotorEasy

Get a warranty quote

Save 12% on GAP Insurance

Use HJ21 to save on an ALA policy

See offer