GT4 Listed AutoTrader: Clean CarFax-Major Damage History

[tx996tt]

For those interested in 981 GT4s, you may have come across this ad on Autotrader and think (as I did) higher mileage but at a discount and clean Carfax...and you would be WRONG

Ad in question:

https://www.autotrader.com/cars-for-sale/vehicle/734400155?allListingType=all-cars&city=Little%20Rock&firstRecord=25&makeCode=PO R&modelCode=CAYMAN&referrer=%2Fcars-for-sale%2Fall-cars%2Fporsche%2Fcayman%2Fgt4%2Flittle-rock-ar%3FsearchRadius%3D0%26zip%3D72212&searchRadius=0 &state=AR&trimCode=CAYMAN%7CGT4&zip=72212&clickTyp e=listing

Dealer states "Clean Title! -No Accidents" both in the Autotrader Ad and on his website.

Google the VIN and you will find:
https://autohelperbot.com/en/car/WP0AC2A84GK197720_44905608

Copart Salvage auction 4/23 with photos detailing major damage. Appears car was involved in a spin and suspect on track incident without an insurance claim -no idea how this was not issued a Salvage Title

Hope this prevents someone from making an uninformed purchase...

[nickelplated5s]

Owner paid out of pocket for any repairs. Apparently track insurance is spendy and regular insurance won't cover it.

[usera]

It is far easier than you think.

[nickelplated5s]

Originally Posted by usera

It is far easier than you think.

Out of pocket keeps the VIN off Oasis. It all depends on your budget and how you want to approach an insurance company.

[techweenie]

I wonder if the history will catch up with this car in future. WP0AC2A84GK197720

[Cobalt]

Someone very high up in the automotive insurance business told me that as of recently unless airbags have been deployed apparently accidents are no longer reported to car fax.

[Cornerlot]

That Copart yard is 15 minutes from my house. But, in Texas to meet the state's requirement for a salvage title the cost of the repairs (without painting) has to exceed the pre-accident value of the car. In this case the car was valued at 90k and the repairs at 54k (seller's numbers). Also it was not sold by an insurance company who would have probably declared it a salvage after paying off the owner and taking title. So since the private owner didn't declare it salvage it was a clean title sale. It could have been a repossession sold by the lender, who more commonly auction damaged cars with clean titles to recoup more of their loan money.