Salvage Title? Might be interested.
#1
Salvage Title? Might be interested.
A local friend of mines knows a person with an S2000 silver with black interior. Has literally 25K miles on the original motor and has work rims. It's an 05 and he's asking $12K, is it worth it? I'm assuming 9K but then again I'm not to familiar with pricing and that's why I need opinions, if I should even buy a salvage car. The damage was done to the left rear panel but was fixed professionally. Looks brand new.
Thanks
Thanks
#2
most people will say no but usually they have no experience with salvage title vehicles.
nearly all of my vehicles have been salvage. Unless the car is SUPER bad, I dont see any issue with salvage [you drive the car, not the title]. Plus many cars get wrecked and repaired that should be salvage. As long as its fixed properly, no big deal IMO.
There's deff a couple things to consider. When going to resell, it will be a little more challanging and people will lowball the shit out of you & secondly if you have an insurance claim you may run into some hurdles getting what you feel the car is worth. That being said, I'd go for it. I sold a stock salvage title 05 4-5 months ago for 13k & it sold within 2 days [granted it was GPW, which is a hot seller]
nearly all of my vehicles have been salvage. Unless the car is SUPER bad, I dont see any issue with salvage [you drive the car, not the title]. Plus many cars get wrecked and repaired that should be salvage. As long as its fixed properly, no big deal IMO.
There's deff a couple things to consider. When going to resell, it will be a little more challanging and people will lowball the shit out of you & secondly if you have an insurance claim you may run into some hurdles getting what you feel the car is worth. That being said, I'd go for it. I sold a stock salvage title 05 4-5 months ago for 13k & it sold within 2 days [granted it was GPW, which is a hot seller]
#3
Former Moderator
It all depends on why it has the salvaged title and if there was any frame damage. That's the two issues I would consider. Your resale value may be much lower, but buying a salvaged vehicle isn't always a bad decision sometimes.
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dainese919
Texas - North Texas S2000 Owners
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03-26-2008 05:56 AM