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

Tough Decisions

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Old Aug 11, 2012 | 08:23 PM
  #11  
omarisramo's Avatar
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Originally Posted by raikouS2K
A salvage title aka less value on the car = you shouldn't ever sell it.

You two were destined to be together for the long haul. After all you are fixing it up from the previous owner anyway. She should treat you good after all that!!!
probably the best thing i have ever heard!

gives me more reasons to get that inline pro rear dif kit......lol
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Old Aug 11, 2012 | 10:09 PM
  #12  
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If it gets wrecked or stolen, you may not get what its worth if it has a salvage title
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Old Aug 12, 2012 | 09:43 AM
  #13  
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I don't understand why they would transfer it as a salvage title unless it was deemed salvage by the insurance company. I think what happened is your friend may have totaled out the car and then bought it back from the insurance and sold it to you. I would check with him because that sounds sketchy as heck! Salvage title lowers the overall value and even has issues with insurance, since most companies wont give you full coverage insurance.
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Old Aug 12, 2012 | 02:51 PM
  #14  
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carfax came out fine before i bought it.

and it looks like i will not be going through any more legalities to get the title. it wont be worth my time, which to me is more important than money.
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Old Aug 12, 2012 | 03:59 PM
  #15  
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Originally Posted by omarisramo
carfax came out fine before i bought it.

and it looks like i will not be going through any more legalities to get the title. it wont be worth my time, which to me is more important than money.
carfax can be wrong.

Friend nearly totaled a car. Went through insurance for repairing it - he was at fault. When he traded the car in, it showed clean title, no accidents 6 months later!
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Old Aug 13, 2012 | 06:17 AM
  #16  
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I bought my car from a dealership thinking it was all original. The csrfax came up clean as a whistle, later on down the road I found out that the motor was swapped with a new jdm powerplant at 85k miles. The clutch and the rear main seal were changed out too. Carfax isn't really a true representation of vehicles imho, since its so easy to manipulate.
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Old Aug 13, 2012 | 06:32 PM
  #17  
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Depends on your financial situation I guess, but seems like an awful lot of work and stress for something that may theoretically cause you to lose a few grand. I'd keep it, build it and drive it like I stole it! Any chance your insurance will be cheaper with the salvage title? Might balance out if you keep it long enough. That and S2000 prices seem to be on the rise. I've been keeping an eye on Craigslist and am impressed with how much more they seem to be going for compared to a year ago.
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