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Price Check on Salvage 01

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Old Jun 10, 2020 | 08:01 AM
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Default Price Check on Salvage 01

Getting ready to put my salvage CA title 01 S2000 up for sale and wanted to see what I should expect.

Car is salvage because it was stolen vandalized and had rear quarter panel damage about 10 years ago. Insurance scam by one of the owners?

It has 64k miles and completely stock. The paint is in fair condition since the repaint was decent at best. I am the 3rd owner.

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Last edited by jax408; Jun 10, 2020 at 08:05 AM.
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Old Jun 12, 2020 | 08:20 AM
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Do you have pictures?
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Old Jun 12, 2020 | 08:49 AM
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I think in CA you can get from 9k to 12k for just depending on the shape and how well those 64k miles are
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Old Jun 12, 2020 | 09:16 AM
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Originally Posted by gotembro
I think in CA you can get from 9k to 12k for just depending on the shape and how well those 64k miles are
$10k+ Salvaged title is a hard sale man...
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Old Jun 12, 2020 | 09:20 AM
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The currrent CA market have them priced at that and they don't stay long.

Not all Salvaged cars are bad; some just need some TLC; it's a low mile motor and its just a thief car not like it's was a total loss.
I personally like to work on cars and I have had good salvaged title cars with small fixable issues. Guess I'm lucky
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Old Jun 12, 2020 | 05:18 PM
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$9000 without pictures or more details. I'm not touching a salvage car unless its to turn into a track rat. Expect 30% less over a comparable non salvage. Too many unknowns and question marks for me to roll the dice on.

darcy
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Old Jun 13, 2020 | 12:04 AM
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< $9,000 (factoring in lousy repaint).

Last edited by GuthNW; Jun 13, 2020 at 12:06 AM.
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Old Jun 13, 2020 | 06:39 AM
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I have to agree with <$9000. Maybe you will have great luck in CA but it takes a special person to buy a salvage title vehicle and it may sit on the market a while. I have only bought one salvage title car, but I was 19 and I REALLY had to have a Monte Carlo SS that I could afford. I got lucky with that one because it was repaired correctly and I got it for a song because there weren't many takers. Back then you just had the classifieds to advertise.
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Old Jun 13, 2020 | 07:40 AM
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I bought two salvage cars. Both from copart and did the repairs myself.
Asking price is different from selling price.

I find it odd that all salvage cars are due to "theft" and not collision. AP1 salvage title ten years ago with that low mileage means it was considerably damaged

I'm currently shopping for an ap1, and comparing prices across all venues. I would not go over 7500 for it.

The main issue is one does not really know the damage. And everyone knows the M O when selling buying used cars
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Old Jun 15, 2020 | 01:33 AM
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Thanks for the replies.

Correct me if I'm wrong but a car can be salvaged just based on it being stolen. If a car is stolen for 2 months, insurance would for sure pay the owner and then if the car is recovered, it would be salvage title.

So technically speaking, a car can be salvaged with zero damage.
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