Salvage Title

[Bob]

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It would depend on how it was totalled. If it were chassis related, Id
move on and find another one. IME chassis problems are always problems.
 However if its minor stuff its a no brainer. I bought an 85 4000Q in
perfect physical condition with 80K on it last year for a song. It was
totalled because someone broke in and stole the radio and ripped up the
console getting it out.  A few spare parts later it was as good as new.
Insurance shouldnt be an issue either.

Bob

Cade Carvell wrote:

>*This message was transferred with a trial version of CommuniGate(tm) Pro*
>I would go for it depending on pricing.  I have bought several
>"junked/totaled" cars before.  As far as pricing, it depends, I would go
>with Market, Minus 5-10% for the totaled status.  That said, make sure
>you account for the extra work you will have to do to bring it back,
>rotors, belly pan, etc.
>
>Title is good correct.  Insurance is not an issue.  At least it never
>has been for me.
>
>
>
>Cade Carvell
>National Business Systems, Inc.
>2919 West Service Road
>Eagan, MN 55121
>Office: 651-994-4400
>
>
>
>>>>Greg Johnson <gregsj2 at attbi.com> 02/10/03 09:46PM >>>
>>>>
>>>>
><sigh>  I found what I thought was great V8Q today.   '93 4.2, Pearl
>over black, 87K miles.    Looks good, drives nicely (seat of the pants
>tells me it needs an 02 sensor).  Asked the Sales Mgr for a CarFax.
>He
>produces it no questions asked - we discover that in 10/98, with 48K,
>a
>salvage title issued.  I really believe the guy didn't know, he seemed
>as disappointed as I was (or he's a helluva an actor).  Took it by the
>Audi dealer and pulled the service record.  The guy translated the
>code
>for me, nothing usual, but he did confirm that the car had be totaled.
>I took the car to my mechanic and spent an hour and a half picking it
>over.  He confirmed the accident, left front and he found a few
>service
>issues (e.g. the belly pan is missing and the rotors are warped) but
>he
>also says whoever fixed it did a decent job and if the price were
>right,
>he'd buy it.
>
>Questions:
>
>Is the rule you simply do not buy a car with a salvage title, or are
>there exceptions?   I realize that if I buy this car, for all intents
>and purposes, I am stuck with it.
>
>What should the price be?   Are we talking parts car pricing here?
>
>Can one get insurance for a such a car?  I'm betting not for the car
>itself, but what about liability?
>
>Any other thoughts?
>
>Your collective help and wisdom is greatly appreciated.
>
>Greg J
>
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