S2000 Talk Discussions related to the S2000, its ownership and enthusiasm for it.

first time buyer

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Old Jun 2, 2009 | 03:21 PM
  #1  
muenchables's Avatar
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Thumbs up first time buyer

i was wondering if $10k is too much to pay for an '03 suzuka with 76k miles with a salvage title from a light bumped hit with a new ap2 bumper and lip

help!?
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Old Jun 2, 2009 | 03:27 PM
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From: Lompoc CA
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salvage?

assuming that the only damage is the front bumper that's a good price!
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Old Jun 2, 2009 | 03:50 PM
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How do you get a "salvage" title from a "light hit" on an 03? It'd have to be over $10k in damage to get totalled out for that.

Otherwise sounds good. Especially if you plan on keeping it for a long time and are handy with tools.

If you're fickle and swap cars often, it's better to pay a little more for a non-salvage to make it easier to sell later.
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Old Jun 2, 2009 | 03:52 PM
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Cars do not get a salvage title "from a light bumped hit ". Each state clearly defines a salvage condition. Dealers treat salvage cars as 1/2 of book value-and reputable dealers still don't want to be involved due to liability issues. So $10k is high. There are S2k's with ~80k for near that price never wrecked, or with minor prior damage. Wait for one. Or at least one with a clear title. Always run the VIN thru CarFax or AutoCheck.
If you do consider a salvage, pay a professional rebuilder to evaluate the car. It is so much easier to walk away from a questionable deal than to try to resell a bad one.
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Old Jun 2, 2009 | 04:11 PM
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i say buy it with closed eyes. Great deal
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Old Jun 2, 2009 | 05:26 PM
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someone else snagged it before me :/ thanks for everyones opinion
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