Salvage title washed.Dealer 20k flip try to us Pelicans

[6300 RPMs]

http://forums.pelicanparts.com/porsche-cars-sale/830212-1986-930-51k-miles-49-900-a.html

Porsche 911 930 | eBay

[bpu699]

?

Dealer does seem to allude to theft, and now a "clear title was issued." But the Autocheck makes no mention of it...

Dealer seems pretty honest about it, am I missing something here?:

1986 Porsche 930 vin # WP0JB0932GS051039, this is a factory 930 turbo.. 51,000 Actual miles, documented on Arizona certificate of title.. gorgeous yellow paint with black leather interior.. recent service and inspection by local independent Porsche shop, document this car as never being in any major accidents, no prior rust, no current rust, its a true accident free, rust free 930.. 3.3 litre intercooled turbo engine runs very strong, has upgraded stainless exhaust, and upgraded 5 speed 915 close ratio gearbox, drives very tight, with virtually no turbo lag.. previous owner had the car for over 10 years.. painted at some point, done professionally, full glass out all new rubber, Porsche quality paint.. interior is also very nice, no dash cracks, original dual power seats show excellent.. power windows and power sunroof work correctly.. AC is new and works ok.. suspension has been professionally lowered, car sits on a very nice set of 18 inch high dollar 3 piece HRE wheels.. the stance of this car is second to none.. nearly 20 years ago (1997), car was stolen, then quickly recovered, upon recovery and inspection, there was no accident damage on car, and car was re-issued a clean title.. car has a clean and clear Arizona title, with 51,000 actual documented miles.. vehicle history report is posted below.. records included, although not much, car has always run well.. paint shows well, body is straight, interior is clean, no rust, she runs and drives excellent.. a great example of a low mile factory 930 turbo Porsche.. $49,995.. Pictures speak louder than words..

[bpu699]

Also, I would think that if the car had no history, it would be worth way more based on the Haggerty Values? I thought clean low mile 930's were now $70,000+ cars?

I am curious on people's thoughts about values. As several states will issue a clean title after a vehicle has been inspected...

[6300 RPMs]

PO stated in listing "" Have lots of history on the car from previous owner dating back to like 2000. Car has a salvage title from Wisconsin.""

[bpu699]

What did the PO sell it for, just curious?

I do find the issue with prior salvage titles confusing. Some states did legally provide clear titles in the past I thought?

To me, a car with a prior salvage but current clean title isn't worth the same as a no-stories car. But its definitely worth more than a current salvage car (way more).

[pmax]

Originally Posted by 6300 RPMs

PO stated in listing "" Have lots of history on the car from previous owner dating back to like 2000. Car has a salvage title from Wisconsin.""

and the current ad says ...

"nearly 20 years ago (1997), car was stolen, then quickly recovered, upon recovery and inspection, there was no accident damage on car, and car was re-issued a clean title."

Am I missing something ?

[kpick]

I'm new here but find a lot of folks on this site that like to amuse themselves at pointing out "flippers".

I got to ask...So what? Why do so many care? How is it your business?

I visit several forums regularly. Mostly motorcycle sites and a few vintage car sites.
These issues never come up.

Is this a Porsche thing?


Peace
K.

[CalE]

kpick, So true on the flipper haters who cares, The state issues the salvage title, Take it up with them.

Peace

[christiandk]

That is a parts car, imo. Non matching numbers, bad history, sloppy respray and horrible mods.

[bpu699]

Harsh...

Look on the ferrari sites. A Dino that was wrapped around a tree, and reconstructed from spare parts is a $300,000-$600,000 car...

[sm70911]

Originally Posted by kpick

I'm new here but find a lot of folks on this site that like to amuse themselves at pointing out "flippers".

I got to ask...So what? Why do so many care? How is it your business?

I visit several forums regularly. Mostly motorcycle sites and a few vintage car sites.
These issues never come up.

Is this a Porsche thing?


Peace
K.

No its a relevant subject though in a part of this forum called 'Marketplace Discussion'.
Its interesting to see what the dealer mark up, and its good for the community because it puts a perspective on some of the high prices.

[SilberUrS6]

Originally Posted by kpick

I'm new here but find a lot of folks on this site that like to amuse themselves at pointing out "flippers".

I got to ask...So what? Why do so many care? How is it your business?

I visit several forums regularly. Mostly motorcycle sites and a few vintage car sites.
These issues never come up.

Is this a Porsche thing?


Peace
K.

Well, if you actually go back and read some of the comments made over the past couple of years, you'll see what the objections are. And it has nothing to do with making money, but the ethics of it. What it boils down to is that flipper are often dishonest in their sales tactics in order to maximize personal profit. It's the dishonesty that folks object to, mostly. The most-used tactic on Pelican is for the flipper to pretend he is an enthusiast, and that he's sorry to let the car/parts go. On an enthusiast website, this lie has legs. But it's still a lie. Other lies include length of ownership, number of owners, and stated intent for car/parts.

Of course, no flipper would ever be honest and say "hey, I bought this car/part at a low price and am now going to sell it at market value in order to make a little money". None of them say that. In fact, most of them go out of their way to avoid telling that truth. By omission, by commission - however the lying is done, it's still unethical. *That's* the major problem. There are other problems as well, including curbstoning and advertizing fee avoidance, but that's just part of the overall picture.

This has been discussed over and over - if you want to get a feel for the discussions, STFA.

[Milesaway]

I think this practice is now pretty common and a business model. I sold this exact dealer a car with a salvage title and he was able to wash it and sell it on for a considerable mark up.

[SilberUrS6]

Originally Posted by Milesaway

I think this practice is now pretty common and a business model. I sold this exact dealer a car with a salvage title and he was able to wash it and sell it on for a considerable mark up.

And yet there are still the folks who scratch their heads and claim to not know why flippers are frowned upon. The actions you describe are not just the province of dishonest used car dealers. Regular folks do this as well.

[Tt surgeon]

Originally Posted by SilberUrS6

Well, if you actually go back and read some of the comments made over the past couple of years, you'll see what the objections are. And it has nothing to do with making money, but the ethics of it. What it boils down to is that flipper are often dishonest in their sales tactics in order to maximize personal profit. It's the dishonesty that folks object to, mostly. The most-used tactic on Pelican is for the flipper to pretend he is an enthusiast, and that he's sorry to let the car/parts go. On an enthusiast website, this lie has legs. But it's still a lie. Other lies include length of ownership, number of owners, and stated intent for car/parts.

Of course, no flipper would ever be honest and say "hey, I bought this car/part at a low price and am now going to sell it at market value in order to make a little money". None of them say that. In fact, most of them go out of their way to avoid telling that truth. By omission, by commission - however the lying is done, it's still unethical. *That's* the major problem. There are other problems as well, including curbstoning and advertizing fee avoidance, but that's just part of the overall picture.

This has been discussed over and over - if you want to get a feel for the discussions, STFA.

Couldn't agree more!

[christiandk]

Check the sellers prior threads....all very "strange" cars!

[pmax]

So much for the autocheck value !

[CalE]

Eric,
I agree with you on the ethics,I don't know this seller or his or her tactics,I'm a newbie to pelican.But salvage titles can be issued without the car ever being in a accident, jealous EX- girlfriend keying paint job, rodents chewing on wiring harness etc.Don't ask me how i know, If you collect on a claim you get a salvage title if you don't you have clear title no record makes no sense.

[Matt Monson]

Eric,
I agree with you on the ethics,I don't know this seller or his or her tactics,I'm a newbie to pelican.But salvage titles can be issued without the car ever being in a accident, jealous EX- girlfriend keying paint job, rodents chewing on wiring harness etc.Don't ask me how i know, If you collect on a claim you get a salvage title if you don't you have clear title no record makes no sense.

Not true. If you collect on a claim that is too close to the actual value of the car it gets a branded title.
I've crashed a couple cars over the years. Repaired under insurance. Clean title. They don't brand a car because you break a taillight and bend a fender in the parking lot at Starbucks.

[Menmojo]

No one here mentioned that it states on the arizonamuscle.com website the car is upgraded to a 915 transmission.....on ebay it states a g50.
A 915 in a 930 is definitely not an upgrade!
I hope the buyer gets a good look at the underside of the car before finalizing the deal.