rebuilt title: should i buy?
Originally Posted by stitos2k,Aug 21 2008, 11:11 AM
Just remember that you won't be able to get a car loan on it, so unless your paying cash don't bother.
Loan companies won't lend money on a salvage.
Loan companies won't lend money on a salvage.
Hey bknewtype, you should listen to negcamber, he knows his stuff everytime I read his posts! Probably most helpful member on this forum. But anyway if collision on an s2000, i wouldn't mess with it because it might hinder the way it drives. I would probably shop for a high mileage early model year s2000 instead because the stuff in the engine bay is near bulletproof and will run.
But if i did have a choice to buy that car, i'd pay $8,300 at most.
But if i did have a choice to buy that car, i'd pay $8,300 at most.
Originally Posted by bknewtype,Aug 21 2008, 09:45 AM
would it be possible that carfax listed it as an accident even if it was just stolen? the second owner said there were no signs of damage ( internally), just had to replace the bumpers and seats/steering wheel. also he had 3 shops check the car and there were no frame damages/structural damages, unless the first owner had one hell of a mechanic. still debatign tough, 9k for this car is tempting if there is no problems whatsoever, im not worrie about reselling value with rebuilt titles, as i most likley will stick with this car u ntil it blows up!!!
weird....
bumpers = probably affected the rebar as well and the shocks continued on to who knows where. Also, the wishbone arms would be bent. If it drives straight, it can still mean the alignment is correct but not the frames.
steering wheel = air bags probably blew
seats??? = from theft?
i'd say don't do it.
you should keep on searching
there will be better deals out there.
buy it, for 9k? Maybe even 8k? 2001 w/ 23k miles??!
Check it out first though and take it to a shop, don't take the owners word for it. Also check to see if the VIN stickers are on the fenders and trunk etc etc etc. You can search for a thread that tells you all the locations of the stickers.
Who cares if it was in an accident. You will be able to tell if the car is garbage right when you start to drive it. Make sure you test drive a "good" one from a dealership first though or another ap1 if you can find one.
Check it out first though and take it to a shop, don't take the owners word for it. Also check to see if the VIN stickers are on the fenders and trunk etc etc etc. You can search for a thread that tells you all the locations of the stickers.
Who cares if it was in an accident. You will be able to tell if the car is garbage right when you start to drive it. Make sure you test drive a "good" one from a dealership first though or another ap1 if you can find one.
i almost went down this road, 2003 with 23k on the clock for $11k. i passed on it and 2 weeks later i got an 01 with 37k on the clock, all maintenance done by honda, clean title, all stock. for $13k.
im glad i held out, because you will never really know what happened to that car. unless you some how find police records of what had happend.. but thats next to impossible.
im glad i held out, because you will never really know what happened to that car. unless you some how find police records of what had happend.. but thats next to impossible.
Sorry to bring this thread back alive from its grave.
I read above, where someone mentioned:
If its an 01, and it has a salvaged/rebuilt issued in 02, it would've been a major wreckage because the car was 1 year old; so, the value should still be pretty high. Therefore, the damage would have to be extensive to be salvaged.
Now, what if its a year 00 and a salvage/rebuilt was issued in 05.
Also, this is the Damage Reported on CarFax:
--
Damage Report Accident reported
Involved right front impact
with a stationary object
It hit a curb
Moderate or severe damage reported
==
When I read below, there is a section "Maryland Police Reports", that defines what Moderate or Severe refers to.
--
•MODERATE: The accident damage affects the operation of the vehicle and/or its parts. Examples include broken windows, trunk lids, doors, bumpers and tires.
•SEVERE: The vehicle cannot be driven from the accident scene due to severe damage or an injury.
==
I suppose the fender, spindle, rims, tires, suspension components was damaged. That is why it was not driveable away from the accident scene. Also, the car was already 5-6 years old at the time of accident, therefore, those damages was sufficient for insurance to totalled the S? So if that's the case, would the damage be not so bad and car still potentially be a good keeper?
--
My intention is to keep this for long, not looking forward to resale in the near-future; so resale value is not a concern.
I am just concern if there could be more damage that I was told and from what the CarFax has indicated.
Any insights/opinions would be greatly appreciated. Thank you
I read above, where someone mentioned:
If its an 01, and it has a salvaged/rebuilt issued in 02, it would've been a major wreckage because the car was 1 year old; so, the value should still be pretty high. Therefore, the damage would have to be extensive to be salvaged.
Now, what if its a year 00 and a salvage/rebuilt was issued in 05.
Also, this is the Damage Reported on CarFax:
--
Damage Report Accident reported
Involved right front impact
with a stationary object
It hit a curb
Moderate or severe damage reported
==
When I read below, there is a section "Maryland Police Reports", that defines what Moderate or Severe refers to.
--
•MODERATE: The accident damage affects the operation of the vehicle and/or its parts. Examples include broken windows, trunk lids, doors, bumpers and tires.
•SEVERE: The vehicle cannot be driven from the accident scene due to severe damage or an injury.
==
I suppose the fender, spindle, rims, tires, suspension components was damaged. That is why it was not driveable away from the accident scene. Also, the car was already 5-6 years old at the time of accident, therefore, those damages was sufficient for insurance to totalled the S? So if that's the case, would the damage be not so bad and car still potentially be a good keeper?
--
My intention is to keep this for long, not looking forward to resale in the near-future; so resale value is not a concern.
I am just concern if there could be more damage that I was told and from what the CarFax has indicated.
Any insights/opinions would be greatly appreciated. Thank you
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