salvage title R
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From: down the street,bythe river in the van, co, united states
salvage title R
how much money does a type R lose if its salvage title?? lets say its a stock everything put back to looking clean and stock?? no dents straight body??
Re: salvage title R (99hondacura)
A salvage title makes the car grey in the eyes of most sellers, banks, insurance, etc. It no longer has a fair market value. Banks will not give out loans on salvage vehicles, which is why the price falls sharply.
I would heavily research the vehicle's history: Why is it salvage? Who did the repairs? Were the repairs extensive? It would be very easy to miss details that are hiding frame damage, improper repair, bondo, etc.
Documentation is key.
Simply put, if you don't take the time to go over the car you may regret in the long run. If you can't pay for this car in cash, walk away.
I would heavily research the vehicle's history: Why is it salvage? Who did the repairs? Were the repairs extensive? It would be very easy to miss details that are hiding frame damage, improper repair, bondo, etc.
Documentation is key.
Simply put, if you don't take the time to go over the car you may regret in the long run. If you can't pay for this car in cash, walk away.
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From: Vietnam
i agree with coolhandluke
Another thing if you don't feel comfortable about the deal, its best not, SALVAGE R's are hard to deal with if you don't deal with a honest person and the history of it and ACTUALLY know what happened, heck it's hard dealing with finding a good NON-SALVAGE R!
Another thing if you don't feel comfortable about the deal, its best not, SALVAGE R's are hard to deal with if you don't deal with a honest person and the history of it and ACTUALLY know what happened, heck it's hard dealing with finding a good NON-SALVAGE R!
Re: (actionanh)
<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by actionanh »</TD></TR><TR><TD CLASS="quote">i agree with coolhandluke
Another thing if you don't feel comfortable about the deal, its best not, SALVAGE R's are hard to deal with if you don't deal with a honest person and the history of it and ACTUALLY know what happened, heck it's hard dealing with finding a good NON-SALVAGE R!</TD></TR></TABLE>
Great point. Buying a car is hard enough as is. This is really an unneeded complication. There are many more variables here, some beneath the surface.
Another thing if you don't feel comfortable about the deal, its best not, SALVAGE R's are hard to deal with if you don't deal with a honest person and the history of it and ACTUALLY know what happened, heck it's hard dealing with finding a good NON-SALVAGE R!</TD></TR></TABLE>
Great point. Buying a car is hard enough as is. This is really an unneeded complication. There are many more variables here, some beneath the surface.
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From: san diego, ca, usa
Re: (coolhandluke)
<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by coolhandluke »</TD></TR><TR><TD CLASS="quote">A salvage title makes the car grey in the eyes of most sellers, banks, insurance, etc. It no longer has a fair market value. Banks will not give out loans on salvage vehicles, which is why the price falls sharply.
I would heavily research the vehicle's history: Why is it salvage? Who did the repairs? Were the repairs extensive? It would be very easy to miss details that are hiding frame damage, improper repair, bondo, etc.
Documentation is key.
Simply put, if you don't take the time to go over the car you may regret in the long run. If you can't pay for this car in cash, walk away.</TD></TR></TABLE>
if your in the military, navy, etc they give loans on salvaged cars from the government
trust me sold several to military guys that got loans on my salvaged itr's
I would heavily research the vehicle's history: Why is it salvage? Who did the repairs? Were the repairs extensive? It would be very easy to miss details that are hiding frame damage, improper repair, bondo, etc.
Documentation is key.
Simply put, if you don't take the time to go over the car you may regret in the long run. If you can't pay for this car in cash, walk away.</TD></TR></TABLE>
if your in the military, navy, etc they give loans on salvaged cars from the government
trust me sold several to military guys that got loans on my salvaged itr's
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From: san diego, ca, usa
Re: (machgo5go)
<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by machgo5go »</TD></TR><TR><TD CLASS="quote">simply just stay away from buying someone else's headache.</TD></TR></TABLE>
haha
with the few clean title itrs left. some people have no choice but to get a salvaged one.
haha
with the few clean title itrs left. some people have no choice but to get a salvaged one.
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From: down the street,bythe river in the van, co, united states
what if you got all documentation?? a good known body shop did all the job everything is up to spec with receipts for everything
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From: Type R KING, STILL
Re: (99hondacura)
I have a theft recover Type R for sale. All docs and history carfaxed, inspected. https://honda-tech.com/zerothread?id=2336234
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From: Scary NorthEast, usa
Re: (kaliparts)
<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by kaliparts »</TD></TR><TR><TD CLASS="quote">
haha
with the few clean title itrs left. some people have no choice but to get a salvaged one. </TD></TR></TABLE>
So true. If you had to purchase a salvage title car, then you have to be pretty much keep it for life & don't even ever think about having any resale value in future.
haha
with the few clean title itrs left. some people have no choice but to get a salvaged one. </TD></TR></TABLE>
So true. If you had to purchase a salvage title car, then you have to be pretty much keep it for life & don't even ever think about having any resale value in future.
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Re: (99hondacura)
<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by 99hondacura »</TD></TR><TR><TD CLASS="quote">so they lose almost half there value huh?? </TD></TR></TABLE>
I wouldn't say that that statement is true, or is false.
The problem with salvage title cars is, there are so few of them, and they vary so much in condition, that it's impossible to quote a fair market value for them.
If you have a clean title ITR with a given mileage and condition, you have a pretty good idea how much it's worth, because you can look up ad listings and recent sales for them and see how much similar cars sold for. WIth a salvage title ITR, you can't do that.
About all you can say is that it's not worth anywhere near as much as a similar, clean title car is. How much is the "discount" - 25 percent? 50 percent? More? No one can really say with any accuracy.
I wouldn't say that that statement is true, or is false.
The problem with salvage title cars is, there are so few of them, and they vary so much in condition, that it's impossible to quote a fair market value for them.
If you have a clean title ITR with a given mileage and condition, you have a pretty good idea how much it's worth, because you can look up ad listings and recent sales for them and see how much similar cars sold for. WIth a salvage title ITR, you can't do that.
About all you can say is that it's not worth anywhere near as much as a similar, clean title car is. How much is the "discount" - 25 percent? 50 percent? More? No one can really say with any accuracy.
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