Salvage title...Impact on Value
#16
Rennlist Member
I really doubt a GTS rear end was used to replace a S4 rear end. No special S4 that I know of. Someone will correct me if I'm wrong.
#17
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... and it may cost another $1k or more to fix it - which is why I'm selling.
Another one:
"Very reliable. I never had to do anything to it" = Car never got any maintenance, and was literally driven into the ground. Expect lots of cost for deferred maintenance.
Another one:
"Very reliable. I never had to do anything to it" = Car never got any maintenance, and was literally driven into the ground. Expect lots of cost for deferred maintenance.
#18
Drifting
#19
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#21
Rennlist Member
I bought a salvage title '85 from a lister, paid accordingly. Kept it for a couple of years, sold it for basically what I paid for it (and did not invest a ton in it while I had it either).
Got full coverage insur on it, reviewed everything in detail with my insurance agent, no problems with the coverage on my policy.
Full disclosure in my for sale ad, no problems selling it.
I felt I did my homework and enjoyed a very nice DD 928.
Like any other used vehicle purchase, you have to know what you're getting into and set expectations accordingly.
Got full coverage insur on it, reviewed everything in detail with my insurance agent, no problems with the coverage on my policy.
Full disclosure in my for sale ad, no problems selling it.
I felt I did my homework and enjoyed a very nice DD 928.
Like any other used vehicle purchase, you have to know what you're getting into and set expectations accordingly.
#22
Rennlist Member
Meant to add, that 928 was in an accident, drivers side fender damage, lights, scratched up bumper cover. Insurance totalled it. New fender and lights and it was good to go.
#23
Three Wheelin'
Yeah, the S4 rear bumper cover is getting closer to unobtainium every year. Everybody thinks that there must have been an accident when they see one on an S4. And most of the time it was, but I have a GTS rear cover I'm putting on because I like it better, so if anybody needs an S4 cover..............
#24
#25
Rennlist Member
Been doing business with my agent for years and trust him. He's always taken care of me, does a great job of working with me explaining coverages, policies, even to the point of recommending coverage that nets him less in the short term because he knows I'll stay with him for the long term as long as he keeps working for me. He's gone to bat for me a number of times.
But yes, cross your I's and dot your T's when it comes to salvage title vehicles.
#26
Rennlist Member
And no offense anyone, but everyone and their brother was exclaiming the dangers of buying a salvage title car. You would have thought I was going to leave the wife and kids for a one eyed snaggle toothed tranny hooker.
But like I said earlier, I felt that if I did my homework AND understood the risks I'd be fine with the outcome.
It was a calculated risk for me and I was ok if things did not turn out so well.
In my case I was fortunate that it worked out.
But like I said earlier, I felt that if I did my homework AND understood the risks I'd be fine with the outcome.
It was a calculated risk for me and I was ok if things did not turn out so well.
In my case I was fortunate that it worked out.
#27
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Yeah, the S4 rear bumper cover is getting closer to unobtainium every year. Everybody thinks that there must have been an accident when they see one on an S4. And most of the time it was, but I have a GTS rear cover I'm putting on because I like it better, so if anybody needs an S4 cover..............
Either way, you may reduce the value of your car. Of course, this is irrelevant, if you plan to keep your car until it falls apart.
#28
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And no offense anyone, but everyone and their brother was exclaiming the dangers of buying a salvage title car. You would have thought I was going to leave the wife and kids for a one eyed snaggle toothed tranny hooker.
But like I said earlier, I felt that if I did my homework AND understood the risks I'd be fine with the outcome.
It was a calculated risk for me and I was ok if things did not turn out so well.
In my case I was fortunate that it worked out.
But like I said earlier, I felt that if I did my homework AND understood the risks I'd be fine with the outcome.
It was a calculated risk for me and I was ok if things did not turn out so well.
In my case I was fortunate that it worked out.
This car is a complete unknown at this point. Someone needs to check it out to determine true condition, maintenance history and try to determine if other damage has occurred.
#29
Three Wheelin'
Nicole, you may be right but the reality is I'll never see back the $$$ that I have (and will continue to) put into my 928. In the past year an a half I have virtually completed a seriously substantial chassis and engine update/refresh; and this winter will have a full strip and repaint done as well as a refreshed interior (and probably one of the new console updates). When the day is done I'll have put $20K into it but it will be the way I want it and someday if and when I decide to sell it, I have no delusions of recovering all my money. I've owned it for over 10 years and 60K miles and so it is what it is and will be what it be . If someone wants to return it back to stock then perhaps they should buy another 928. In the meantime, I'll enjoy it as Frank Sinatra sang it: My Way.