Buying used 993 salvage title
#1
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$. Is this a good deal considering the history?
The only thing is rough spots on each side of spare tires. Current owner had it for 10 years and bought it from a Porsche dealer. Could get the car for 38k$. Is this a good deal considering the history?
#3
Is that $38k Canadian...if so, that's about $32k US. Not sure what you mean by rough spots around the spare tire (paint, crinkle in metal, etc.). Regardless of price, car needs to be inspected by both competent mechanic as well as body shop. If all checks out at $32k US you're not far off from a good deal.
#5
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Location: Toronto, Canada
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Hi everyone, looking to get myself a 993, found a 96 C4 coupe manual with 48k miles. The car has a salvage title in PA dating from 98. Car is now in Canada Looked at the car and label is on the front hood, both door jams and engine area. I don t really see any major repairs on it...
The only thing is rough spots on each side of spare tires. Current owner had it for 10 years and bought it from a Porsche dealer. Could get the car for 38k$. Is this a good deal considering the history?
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?
#6
Salvage title is a decent deal at 1/2 that of a clean titled car. So is a clean titled 96 C4 coupe manual with 48k miles, that looks to be in very nice condition, double the asking price of this car?
Also, salvaged title car is more difficult to sell and worth less to all concerned. If you plan to keep it and drive it till it drops, with the knowledge that it may pull $25k ish, if there is ever a sale; then the decision is all yours.
So, offer the guy $25k, at that price you can keep the car, drive the hell outta it and not worry about getting hurt. A dismantler may pay $18.
Also, salvaged title car is more difficult to sell and worth less to all concerned. If you plan to keep it and drive it till it drops, with the knowledge that it may pull $25k ish, if there is ever a sale; then the decision is all yours.
So, offer the guy $25k, at that price you can keep the car, drive the hell outta it and not worry about getting hurt. A dismantler may pay $18.
Last edited by nine9six; 01-30-2015 at 02:11 PM.
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#8
Race Director
I wouldn't pay $32k for it.
If I were to ever buy a salvage car, I'd expect to keep it basically forever because selling it again will be very difficult unless you absolutely give it away.
If I were to ever buy a salvage car, I'd expect to keep it basically forever because selling it again will be very difficult unless you absolutely give it away.
#9
Rennlist Member
Concerning 'Carfax's, etc'. What is a washed title and how would one go about doing this. Is the true history held somewhere indefinitely. How do we know if our title was ever washed ?
#10
To answer some of the questions, yes the price is in CAD$. The car was sold by Porsche dealer back in 2004, I guess back then finding history for the buyer was more difficult... It seems PA state does not keep records for more than 10 yrs so it's not possible to know what was the reason for the salvage.
Here is a picture of the rough spot I was talking about, I do not have any other references so maybe you can tell me if this looks stock... this is passenger side next to spare tire, driver side looks the same
Here is a picture of the rough spot I was talking about, I do not have any other references so maybe you can tell me if this looks stock... this is passenger side next to spare tire, driver side looks the same
#11
Rennlist Member
I had a car with a rebuilt title once. It was a Ford tempo, 5spd. It was an awesome car, never had one issue with it and drove the snot out of it. Well, as much snot as you can drive out of a ford tempo that is. It was a bitch to sell though. Don't be afraid to make a low offer, cause you are going hear them if you go to sell it.
To answer some of the questions, yes the price is in CAD$. The car was sold by Porsche dealer back in 2004, I guess back then finding history for the buyer was more difficult... It seems PA state does not keep records for more than 10 yrs so it's not possible to know what was the reason for the salvage.
Here is a picture of the rough spot I was talking about, I do not have any other references so maybe you can tell me if this looks stock... this is passenger side next to spare tire, driver side looks the same
Here is a picture of the rough spot I was talking about, I do not have any other references so maybe you can tell me if this looks stock... this is passenger side next to spare tire, driver side looks the same
#12
Race Car
I don't understand why anyone would consider a salvage car unless it was at least 1/2 the price of a clean titled car - and they never planned to sell.
Please think about it long and hard. And push your emotions aside. There are lots of cars for sale out there.
I still cannot believe that a franchised Porsche dealer would sell a salvage car. Huge liability - at least in the US.
Please think about it long and hard. And push your emotions aside. There are lots of cars for sale out there.
I still cannot believe that a franchised Porsche dealer would sell a salvage car. Huge liability - at least in the US.
#14
RL Community Team
Rennlist Member
Rennlist Member
Even at half price I wouldn't consider a salvage 993. If I need a cheap beater work truck maybe I would consider a salvage vehicle but definitely not a 993.
#15
Rennlist Member
Again, depends on it's condition and your expectancy of ownership. Do you wish to keep it, restore it, track it, etc.
As it is salvaged titled then you could throw a silly bid at it and see how it goes.
Seeing as you intend to pass on it though maybe you could share it location, etc in case any of us would consider it.
As it is salvaged titled then you could throw a silly bid at it and see how it goes.
Seeing as you intend to pass on it though maybe you could share it location, etc in case any of us would consider it.