yay or nay, is250 for 15k salvage title
07-30-10, 10:51 AM
#3
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dont risk a salvaged title car. Its most likely gonna give you a headache in the future. You can find is250 somewhat close to that price depending on miles. Just curious how many miles does the car have on it?
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07-30-10, 11:58 AM
#8
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A few reasons why not to buy salvage...
1.) Banks Generally will not give a loan to a salvage vehicle. If you do not need a loan, this may come to haunt you when you are ready to sell because your selling market would be to Cash Buyers only.
2.) Selling the thing will be really hard in the future
3.) When someone buys a salvage car from the insurance company, their main goal is to fix and flip. This means $$ is on their mind, and when money is on someones mind they usually try to maximize the profit margin. This entails cutting corners and using cheap parts to fix the vehicle up. This is not always the case, but you have more risk for cut corners than you would anywhere else.
4.) When aftermarket parts and corners are cut, you will run into other mechanical problems cut.
My conclusion, if you wanted to build a track car or even a show car, buy a salvaged car and fix it yourself, this way you KNOW what has been done to the car. You will have problems selling the vehicle in the future but the price will be right and you would be swapping a lot of parts out anyways.
Salvage is called Salvage for a reason, its generally Junk.
1.) Banks Generally will not give a loan to a salvage vehicle. If you do not need a loan, this may come to haunt you when you are ready to sell because your selling market would be to Cash Buyers only.
2.) Selling the thing will be really hard in the future
3.) When someone buys a salvage car from the insurance company, their main goal is to fix and flip. This means $$ is on their mind, and when money is on someones mind they usually try to maximize the profit margin. This entails cutting corners and using cheap parts to fix the vehicle up. This is not always the case, but you have more risk for cut corners than you would anywhere else.
4.) When aftermarket parts and corners are cut, you will run into other mechanical problems cut.
My conclusion, if you wanted to build a track car or even a show car, buy a salvaged car and fix it yourself, this way you KNOW what has been done to the car. You will have problems selling the vehicle in the future but the price will be right and you would be swapping a lot of parts out anyways.
Salvage is called Salvage for a reason, its generally Junk.
07-30-10, 11:59 AM
#9
Do more research why it was salvaged.
It may be recovered as a stolen vehicle which the owner no longer wants. In CA, recovered stolen vehicle gets a salvage title automatically.
I would be worried if it was a vehicle that has been in a flood or major accident. For an accident, you can tell by the body alignments and history report.
It may be recovered as a stolen vehicle which the owner no longer wants. In CA, recovered stolen vehicle gets a salvage title automatically.
I would be worried if it was a vehicle that has been in a flood or major accident. For an accident, you can tell by the body alignments and history report.
