Quote:
Originally Posted by Trakrat
Anyone bought a salvage titled car and came out ahead or took a major loss???
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My 81 was salvaged out three years ago from a small tree hitting the driver's headlight..........at about 40mph.
I will spare you the story about lending it to my first born.
They said $24k to turn it over or pay $9k out of the proceeds to buy it back.
So I bought my salvage Porsche with a good engine and rebuilt trans.
I don't plan to sell this car as I have meager $ wherewithal to secure another and I kinda like this one.
danco's comment is key. How long do I plan to keep it.
Edit post reading Oldspool's comment. Your target market is dwindled as is your upside $ potential. The car can be fine. It's just the facts.