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Buying used 993 salvage title

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Old 01-30-2015, 11:43 AM
  #16  
u7t2p7
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Not all salvages are equal; theft, flood, collision all have different ramifications and value. All cars sell at the right price; salvage, daily drivers and garage queens. The issue is when a seller tries to sell a salvage car at 10-20% below the cost of a non salvaged car; it just won't fly. I'd agree with those that say 35% discount as a starting point and then a sliding scale up or down depending on what an inspection finds.
Old 01-30-2015, 11:54 AM
  #17  
JB 911
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Originally Posted by C2sideways
Seeing as you intend to pass on it though maybe you could share it location, etc in case any of us would consider it.
+1 and post up the vin. Someone looking in the future for a clean title car doing due diligence might find this thread.
Old 01-30-2015, 12:03 PM
  #18  
discoboy1
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Here is the link of the add, although it looks like a dealer, it s their mechanic personal car. He was willing to sell in the high thirties http://www.kijiji.ca/v-autos-camions...ationFlag=true
Old 01-30-2015, 12:06 PM
  #19  
ilko
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Sport Seats. That car is a buy at $40K.

Old 01-30-2015, 01:34 PM
  #20  
Donster
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Also consider that it's in the Montreal area and it's a C4. There's a good chance it's been winter driven.
In Canada it's kind of a known thing to be extremely wary of any car from Quebec/Montreal because of corrosion issues related to the de-icing solution used on the roads there.
Old 01-30-2015, 01:57 PM
  #21  
discoboy1
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I can say the owner only put 5000 miles in the last 10 yrs and never used it in winter
Old 01-30-2015, 02:11 PM
  #22  
wolfgang1
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as all of us know, salvage titles are issued when repairs exceed X% of the cars value at the time.

quick litmus for me... is that if the major accident occurred when the car was almost new (high value).. like in this case... 1996 model, accident in 1998... the repair bill must have been massive.... and the damage must have been significant.

this is not a good sign.

its one thing if an longhood was salvaged in the 1980s.... when the value was nothing and any damage would have been a meaningful % of bluebook at the time...

my 2 cents
Old 01-30-2015, 02:15 PM
  #23  
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Salvage titles can come up from a stolen recovery car, an owner dispute that has beeen settled in court , a damage accident where the insurance company has sold the wreck or a car that has some other damage that caused a total loss on a title claim such as submersion in water. So you will want to know why salvage title was issued before you buy the car. Ultimately it will need a state inspection to convert it back to a regular title.
Andy
Old 01-30-2015, 02:57 PM
  #24  
gonzilla
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I'm having a little trouble figuring out from the picture, but it looks like the damage is to the bottom-front of the tub. Their fix doesn't look very pretty. I also don't recognize that bracket.

All that being said...

Originally Posted by ilko
Sport Seats. That car is a buy at $40K.

You've got a point there.
Old 01-30-2015, 03:33 PM
  #25  
mdude
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At 40-50% discount to non-salvage, if inspection checks out (salvage not due to flood), I'd buy in a heartbeat. Then drive it till the wheels fell off, which for a properly maintained 993 will mean another 10-20 years. Afterwards, who cares about future sale price?

For those of us who already owns one, it's hard to relate to the desire of those who're still looking but are being shut out by the price of entry...
Old 01-30-2015, 04:19 PM
  #26  
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For us "southerners", does anyone know what the requirements are for (or even possibility of) importing a car with a salvage title to the US?

Sports Seats are a definite plus ... especially if they're heated (edit: they are heated)
Old 01-30-2015, 07:20 PM
  #27  
shadow993
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Buy and sell the seats for $6k. Then you got a steal of a deal!!

But that looks like a sloppy repair job. More inspection would be needed.
Old 01-30-2015, 10:50 PM
  #28  
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Originally Posted by discoboy1
Here is the link of the add, although it looks like a dealer, it s their mechanic personal car. He was willing to sell in the high thirties http://www.kijiji.ca/v-autos-camions...ationFlag=true
I Can't BELIEVE you let these guys talk you Out of it, saying it's waaaaay to High & Not worth it & NOW they're wanting you to Post the link up so they can Get It! ! WOW! Typical Porsche Guys!
Old 01-31-2015, 02:48 AM
  #29  
johnireland
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Originally Posted by discoboy1
Hi everyone, looking to get myself a 993, found a 96 C4 coupe manual with 48k miles. The car has a salvage title in PA dating from 98. Car is now in Canada Looked at the car and label is on the front hood, both door jams and engine area. I don t really see any major repairs on it...
The only thing is rough spots on each side of spare tires. Current owner had it for 10 years and bought it from a Porsche dealer. Could get the car for 38k$. Is this a good deal considering the history?
I was looking at a sub-salvage (called "rebuilt/rebuildable) 993 in Texas back in Aug/Sept. Mostly left front corner damage. The seller bought it, repaired it and was trying to flip it. He was asking in the mid to high 20s. He sent me a million pictures but the more I looked and magnified them, the worse I felt about the car. It is now being offered on eBay so in all these months he still hasn't found a buyer. If I knew more about body work I probably would have taken a chance on the car. But then there was his not very good job on reupholstering the seats...using 996 covers on the 993 seats was a poor fit.

$38k would be good for a high miles but needs nothing car...but not for a salvage job.
Old 01-31-2015, 08:00 AM
  #30  
C2sideways
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Originally Posted by jdjones2010
I Can't BELIEVE you let these guys talk you Out of it, saying it's waaaaay to High & Not worth it & NOW they're wanting you to Post the link up so they can Get It! ! WOW! Typical Porsche Guys!
Hi, if you read the full thread you will understand that the OP asked for advice and we gave our input. After he made his decision to pass on the vehicle I asked about the vehicles info and he willingly gave it. Someone may be interested in the fact it is salvaged and cheap or the fact that it is salvaged and not worth it.

I'm not quite sure if you are trolling but if we are 'Typical Porsche Guys' then what does that make you ?

Thanks and have a nice weekend.


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