Quote:
Originally Posted by tcar
You will not be able to get a loan to purchase the car if that matters.
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Not true. Depends on the dealer and its relationship with the bank. We've used an exotic car rebuilder (Executive Auto Gallery-not much in stock at the moment, but they often have a couple Ferraris, Porsches etc) and they have a bank that loans at competitive rates.
We have an A8 that was totaled due to a hydrolocked engine. We bought it at a very competitive price with a complete rebuild on the motor, and we've been happy.
I'd look for a shop that specializes in this, not some body shop or guy that does it on the side. Other than the resale hit, if you buy the car to drive, they're bargains. Oh, and flood cars? Again, its about the quality of the shop. The one noted above does mostly that, and they are VERY good at it. Also, keep in mind that "Sandy" cars are mostly off the market now.
Hail damage is another niche, believe it or not many new cars get totaled for hail.