How much is a Rebuilt Title 991 worth
#1
How much is a Rebuilt Title 991 worth
Aprox how much is a 2012 Carrera 991, sports chrono package, 34K miles, white on black leather worth? Considering of course the fact that it’s been fixed/rebuilt properly and has no issues what’so ever.
#4
#7
Race Director
Originally Posted by Romann_28
salvage, correct
Keep the car for a long time and a keeper? Go for it.
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#8
Race Car
Join Date: Oct 2002
Location: Fairfax County, Virginia
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Short answer: Not much
Buy this and it will be the hardest car to re-sell you have ever owned. If you do get one, be prepared to keep it a very long time. Be aware that banks and credit unions will not make loans or re-built cars or lemon law buy-backs, they are poison.
Buy this and it will be the hardest car to re-sell you have ever owned. If you do get one, be prepared to keep it a very long time. Be aware that banks and credit unions will not make loans or re-built cars or lemon law buy-backs, they are poison.
#9
Rennlist Member
I wouldn't buy it unless the repair is completely documented ..... pictures, measurements, parts list, and a complete inspection.
Even then I wouldn't pay over 50% of what ever value that car would have been if it wasn't wrecked.
Even then I wouldn't pay over 50% of what ever value that car would have been if it wasn't wrecked.
#11
Rennlist Member
I think the issue is that most people just would never consider buying one. I know I wouldn't.
It's the sort of car where if it is a good enough deal for you personally, and you're fine with either keeping it forever or selling it potentially at a huge loss down the road, then go for it!
It's the sort of car where if it is a good enough deal for you personally, and you're fine with either keeping it forever or selling it potentially at a huge loss down the road, then go for it!
#12
10 percent of retail
I would go for it.
#13
Rennlist Member
A salvage title is issued when the insurance company determines that the car is either not repairable or it costs more to repair than it's worth. By definition a car with a rebuilt title has "issues."
If it's not repairable then you are buying a lemon. Cars that are flood damaged are not repairable, nor are cars with frame damage outside of certain limits. This is because when metal is bent it becomes fatigued, and will fail at lower loads.
If the repair costs are higher than the car is worth then whoever repaired it (and obtained the rebuilt title) likely took some major shortcuts.