Hi- I found a 2000 gsr (SSBP) with 7,500 miles. It has leather, etc. The car has a salvage title, and I talked to the guy who is selling it- he said the front had some sheet metal damage and needed to be repaired. IS this a good deal, and what does the slavage title mean? (I have a 98 LS and by selling my car I could do this pretty much for an even swap)

 

no

 

dont' buy salvaged cars. no matter how nice they look. stay away! hehe

 

Thanks guys- that's what I figured (and the voices inside my head told me too) but I just wanted to see what the consensus said as well.

 

I agree and can add some personal info. I've owned a salvage titled car and you don't want anything to do with them.

OH, and BTW, the guy selling it is full of ish if he said that "it only had a little sheet metal damage". In order for an insurance company to total a car, the repair damage has to be like 50-70% of the car's value (depends on insurance company). A 2000 GSR (depending on when it was wrecked) was probably worth at least 17,000-18,000...so you're looking at an accident that would have cost ~$8500-9000 to repair (and thats the low end of the scale--50%, if the insurance company was of the 70% variety, that would be $11,900-12,600 worth of damage! ) That's alot of damage!!

Stay away from this sale and tell that guy to go rip somebody else off

Hope this helps

 

Please don't waste your hard earned money on a salvaged car...

 

hey hey hey...lets not bash all salvage title cars. i bought my 95 with 19k miles (checked out) almost threee years ago and aside from my own stupidity i have not had any major problems with the car at all. it now has 87k. the price your talking about is pretty high. a lot of my friends buy cars at autcions and fix them up themselves to make a few extra bucks on the side but 14 is too much. that car cost him no more than id say 8g.




[Modified by bocian, 3:12 PM 10/22/2002]

 

i would buy it

 

Just wondered, I am stearing clear, and figured it had to be a lot of damage to get slavaged out. Darn sad someone toasted a 2000 with just 7K on it!!

 

if u can get pics of the original damage and it really is minimal or as the seller says it is, i'd say talk him down a bit and go for it. it really does save u a boatload of $. the car doesn't necessarily have to be totalled to a point where the damage is uneconomical for the insurance company to fix.

i actually did lots of research on this before i bought my teg new (cuz it was a really good bargain too). just take into account that it will be more difficult for u to sell it in the future and insurance may not be all that much cheaper.

good luck!

 

Just say NO to a salvage car.

I bought one once, and ended up spending 2500$ getting the wiring system fixed due to corrosion.

It was my first car and I didn't know better. I learned the hard way.

 

yea i think seeing the pictures would enlighten you and everyone else on this board but think of it this way: many times you can get used parts for the teg (for which there is an endless market) for a fraction of the cost of new parts from the dealer. for example, airbags or seats or bumpers or engine parts, pretty much anything you want. now if you were an insurance company would you take the risk of fixing a clients car by putting used parts on it? i dont think any insurance co. would take that risk, therefore the estimates are off the wall whenever you have an insurance co look at a car after an accident since they go by new dealer prices. this is why the car was probably salvaged, radiator and front were probably gone, the windshied must have been crakcked, airbags deployed, etc. but this doesnt mean it wastn fixable and made very safe if not as safe and correct as before. i mean maybe a shop on the side could have done it for way less. who knows, yet it was salvaged. the only thing i would worry about is spending 14k for a 2000 and not having a warranty.
like i said before 14 is way too much but just because a car is salvaged/reconstructed it doesnt mean that the car is crap.
HTH


[Modified by bocian, 1:19 AM 10/23/2002]

 

Whatever, I wouldn't have my EK were it not for a cool salvage dealer that is local. Not all salvage title cars were in wreckes. Mine was a theft recovery. The only reason it became salvaged is because the previous owner's insurance company paid him out on the car because it wasn't recovered in enough time. After it was recovered (with only the stereo and wheels stolen), it belonged to the insurance company and was sent to an auction and issued a salvage title.

I got my 99 EK in flawless condition with 9k miles on it for $6500. The only problem with a salvage car is trying to re-sell it if you ever decide to get rid of it. Also, most banks will only loan up to low book on a salvage title vehicle.

If you buy the car from someone you trust, and who will be honest with you about the damage, and you're comfortable with that, then go for it.

 

Good for you!! That's a good decision!
I know some of these guys have had some good luck with their salvage titled car and that's great!!...more power to them ..... BUT, the majority of salvage titled cars should have never been put back on the road! They should've been scrapped and sold for parts!

 

check again. NO SSBP in 2000.

 

not a good deal... my boss is seling a 2001 red GSR for 13K.. theft recovery.

 

hell nah. thats not even taht good of a price for a salvage car

 

Hell no, it's way overpriced for having a "Salvage" title.

I bought my 2000 GSR w/32k directly from a Salvage yard, viewed the damage and had it all fixed up.... labor, parts, towing.... and it only cost me a little under 10 grand. This guy is making some serious money on you. Don't pay more than 8grand for that car.

 

14k for a salvaged title is a bit much. i know that now, because i bought my 98 LS with 9k for 12,500....now that i know a lot more after three years, i almost (not quite) regret having got the car.

i don't think that you should NEVER buy a salvaged car, but buyer beware..inspect everything until your eyes bleed.

for the record, the only engine problem i had was a damaged evap canister, which was soon replaced. it runs strong and good as a champ now..at 42k miles....we'll see what's up later on though.

 

no..never buy a wreck

 

I have bought 4 salvage tegs (91,95 98,99) and would buy another however mine where theft recovery and fixed ..

My advice would be to drive the car and examine it fdor yourself see if the is a pill to either side or excessive wind noise

 

eh?
Salvage can also be a car that has been in a yard due to theft recovery not just damage.

 

my car isnt salved, but if i could find a car with less mileage in awesome condition, with just a salvaged title, i would, as logn as teh deal is good..
i bought my car to drive it, when the engine dies, ill swap, etc.. i dont plan on selling my car, and down the road when i buy another car, ill keep this car for auto-x events and stuff.. so its not an issue for me if it was salvaged..
btw that price is a quite high.. if your interested see how low he would let it go for.. remind him its salvaged and that you could never get much back from the insurance company if it gets stolen/trashed, etc..
Alex


[Modified by TegGSR96, 1:56 AM 10/24/2002]

 

that's an awful high price for a salvage title. The only time I'd buy a salvage title car would be if I bought a wrecked car and had a reputable body shop do the work. It is very easy to cut corners and do the job wrong, but make it look right.

 

i give a big to salvage titles and a big to a clean title