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reachme reachme is offline
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Join Date: Oct 2012
Location: MA
Posts: 672
Garage
As it sits it is a non operable car so without the ability to fully drive it/test systems properly it should be priced as parts/scrap.
Low quote to repair is a story that may or not be accurate to the buyer=risk.
Story about car running fine before is also a story to the buyer=risk.

Now your friend has inside information on the high value of the car, low cost to repair and accuracy of estimate. If she can borrow to pay upfront to fix it, the title does not change so it has no salvage history and she can sell for close to blue book or keep and drive a great car for fix cost. win!

Selling as totalled will be affect title forever keeping value lower. A knowledgeable buyer "mechanic" will price as parts car, assess their own repair cost (higher risk without it running fully) and pay up front to fix it. If she is expecting to gain some of that value of a repaired car (sell more than parts/scrap) yet not take on the actual cost/risk then she is valuing her stories as the gap.

Best move for her is to borrow to repair the car herself, sell a fully working car with clean title OR keep driving it. If she does not want the hassle then she should not expect a premium.

I hope she does repair it, probably the easiest way out if it for her. I just did this recently for an 05 CRV that has been maintained impeccably and had a minor accident that hit the airbag sensor. I repared for much less than I could have replaced it for, clean title and I have all the history. she should consider this.
good luck
Old 07-06-2018, 04:00 PM
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