I quite agreePretty risky IMO buying a cat S vehicle unless it is the bargain of the century with a capital B. Certainly a vehicle of this calibre.
Many/probably most potential buyers would be put off by it, insurance as said previously would cost more, and if anything did happen to it and it was written off, they payout by the insurance company would be low.
Also it would probably be written off for not so much damage because it is/was a category S to begin with.
Buyer beware or think very carefully here me thinks
But I will add there will always be a buyer for something a bit dodgy if it's cheap enough
The problem here is the seller has not reflected the catS status in the price although I will give him credit for declaring the fact its a Cat S as so many do not