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Join Date: May 2000
Location: PA
Posts: 560
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Sandy cars
Somewhat long...
I know of a very nice 3.2 G50 Carrera that was FRESH water flooded, just over the door sills to wreck the carpets and DME. At the time the owner had much bigger problems to worry about so he filed a claim with his insurance company and they wrote him a nice check. Realizing he had a nice car, he negotiated to buy it back and had the carpets and DME replaced. The car now seems to to run fine with no smells, mold, etc. The car is very nice with low mileage (1987 with ~50k) but now carries a salvage title. The unfortunate thing is that a salvage title is issued for any total loss... minor flood to a car that was hit hard and put back together. Would you buy such a car? How much would you deduct knowing it's history and a flood/salvage title? Normally I would say deduct 30-50% but knowing the car and seeing the relatively minor damage I think that it's worth more. Thoughts?
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1989 Carrera Former flings... 2009 Carrera S (x2), 1986 Carrera, 1997 993, 1983 911SC, 1995 993, 1987 Carrera, 1985 Carrera Last edited by rw229; 05-17-2013 at 09:23 PM.. |
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Location: Docking Bay 94
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Unfortunately that car will be tainted (perhaps unfairly) forever. I would buy it as a great track car since it's nice and straight.
If prices really go insane in the future the salvage title will mean less. Not that a G50 Carrera will ever reach Ferrari values but nobody cares about a salvage title basket case if the car unearthed is 250 SWB. As long as the numbers all match people will completely restore a wrecked, submerged, painted three different colors car if it is highly sought after.
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Kurt |
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Join Date: Jul 2001
Location: Leave the gun. Take the cannoli.
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Damage from hurricane Sandy is not fresh water. Salt & sewer backup. My son's BMW corroded almost instantly.
Too many nooks and crannies in a 911, torsion tubes, door sills, etc.... |
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Your first instinct of 30-50% off sounds right. You may suffer unexpected results of contaminated water flooding over time. As Kurt says, if you're looking for a track car or just a weekend fun car, it might work for you.
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Location: The Wet Side
Posts: 5,675
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Quote:
For freshwater contamination, a full disassembly, followed by a rinsing of all the bodywork to get rid of human waste and dirt. I wouldn't buy one of these cars unless there was at least a 50% discount. |
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Old versus new...
I think if the damage was to an older car with little electronics it would be less because the fix should be much less.
Newer cars with electric everything would almost always be a total write off because of the cost to replace everything - I doubt it would be cost effective unless it was a special Porsche, Ferrari, etc... I might consider an odd flood car if the price was low enough if it was a car that I really want and I did not think I would ever be able to afford one - kind of a mental victory to posses what I consider a work of art that I could touch an "hope" to restore in the future. I fully intend to own a 997.2 GT3 some day, but I doubt I could afford an F430 6 speed and a 997.2 GT3 - so for me it would be an F430 with a 6 speed manual transmission... I just hope the 997.2 GT3's don't start to appreciate too much in the next 5 years before I can buy one now that the new GT3's have wanky electronics and are slushbox only - I may have to flip my dream car to a manual F430 and look for a flood 997.2 GT3! |
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Join Date: Jun 2012
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I would buy it, but I would buy it knowing I would keep it for a long while, because not many people would want it because you would need to be truthful about it. It could be a really good car to you, especially if the motor is OK and so is the trans. I think maybe $7500-$8500 would be fair even with this title. The most important part of your question, is that YOU KNOW THE HISTORY, and if this history is OK with you, then you're good to go. I mean really, I know of 911s in Seattle and places where it always rains, and these cars are always outside, and always wet, so the water has to all come out sometime. It's just getting the salt out. Last edited by CountD; 05-29-2013 at 08:43 PM.. |
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Join Date: Feb 2003
Location: Bucks County PA
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Would this car happen to be the green coupe offered for sale in PA ?
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Current:88 Guards Red Coupe, 89 Coupe Track Rat, 76 Caddy Eldo Convert. 2015 Aprilia Tuono Wrecked 1987 Targa Guards Red, 2003 Ducati ST4S Sold 1987 Granite Green Targa, 993's, 93 RSA, other 964 coupes, 89 911 Turbo Ruf mods, 90 e30 M3, 07 BMW R1200S STOLEN 94 Speedster |
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It is/was not. Car was sold for a decent price, I just wasn't willing to take the risk.
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1989 Carrera Former flings... 2009 Carrera S (x2), 1986 Carrera, 1997 993, 1983 911SC, 1995 993, 1987 Carrera, 1985 Carrera |
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