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Branded title Lemon buyback price offer

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Old 02-21-15, 07:12 AM   #1
PawnStar23
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Default Branded title Lemon buyback price offer

I currently have a is350 but Im in the market for a new toy. I miss boost and manual. Found a 2008 sti hatch with 100k with a branded lemon title due to manufacture buyback. Private seller is asking 18k. What is a realistic offer I should make? These cars are going for 19k and up due to market inflation with regular clean titles. I still see 04-06 sti's going for 14k-20k. I ran a carfax and the car has been dealer service its entire life.
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Old 02-21-15, 08:11 AM   #2
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I know salvage cars generally go for about 70% of market value. I am sure a lemon is about the same.
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Old 02-21-15, 08:12 AM   #3
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I wouldn't offer anything like 15 because then hes going to take it offensively and not wanna deal with you so I'd personally offer him 16 and try to work him from there.
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Old 02-21-15, 08:20 AM   #4
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I would stay away from salvaged title vehicles especially at that price range. You will be in trouble if you are trying to sell the car. Even though it has been serviced, It was was a lemon for a reason. Those cars aren't exactly known to be realizable as well.I rather spend the extra money on clean title to have piece of mine. - previous salvaged title owner
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Old 02-21-15, 08:21 AM   #5
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so according to everyone else don't listen to me lol
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Old 02-21-15, 08:32 AM   #6
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OK I think people are getting confused here. This is not a salvage title car. I believe that is when the insurance company considered it a total loss either by theft or damage. This is a lemon/manufacturer buyback. When the car had a manufacturer defect that the original owner complained about the company bought it back and fixed it.
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Old 02-21-15, 09:07 AM   #7
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Quote:
Originally Posted by PawnStar23 View Post
OK I think people are getting confused here. This is not a salvage title car. I believe that is when the insurance company considered it a total loss either by theft or damage. This is a lemon/manufacturer buyback. When the car had a manufacturer defect that the original owner complained about the company bought it back and fixed it.
this is what I was thinking..lemons aren't neccesarily bad cars, it just means they couldn't fix a certain problem by the 3rd time
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Old 02-21-15, 11:48 AM   #8
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I think it would be a solid car as long as you have a shop check it out. The only thing as some have mentioned is it will be harder to resell/lower trade value in the future and up to you if that is worth consideration...
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Old 02-21-15, 11:48 AM
 
 
 
 
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