Quote:
Originally Posted by War584
Thoughts on the potential discount for a salvage title? General info on-line (non P Car specific) says 25-40% below market, which seems a bit aggressive for this model/make.
The car in question, 1986 911, was apparently stolen, driven and crashed into a curb. The insurance company rebuilt the suspension, fixed the issues and a repainted a couple panels that were damaged and in doing so branded the title. My mechanic confirmed the car is in good shape, repaired well and without any apparent issues - other than the title. Overall, the car looks really nice and mechanically checks out.
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It’s important to understand a couple of things. The insurer doesn’t fix cars. Secondly when a car is salvaged it is either retained by the owner or it goes to auction. One of these two scenarios happened and then that person very likely repaired the vehicle typically on a budget that doesn’t allow for a perfect repair. Simple logic is vehicle cost + proper repair = greater than value of vehicle so why not just buy an undamaged car for an equal or lesser amount. This is the scenario over 99% of the time so proceed with extreme caution.