I'd treat is as a Cat D car, you pay 25% less, you get 25% less for it when you sell it. If you're only going to clock up 2-3k a year then I don't see a problem really. The only thing I would consider is how long before it was recovered, weeks, months?
Also it sounds like a 50k plus car when it was new so possibly stolen to order by pro's who can break in and get them started with minimal damage.
Pete