Need advice?
#1
Need advice?
I am a new member and looking at a 993 cabriolet. It is a beautiful US car with matching numbers engine and transmission and a custom turbo like interior. However when I asked to see the CarFax report, it showed in 2001 that the car was Salvage and non-repairable. It changed hands a couple of times in the US and eventually made its way to Canada in 2004 where it was imported as non-repairable. It then shows receiving a new roof in 2007 and was re-registered as Rebuilt in 2012.
I am curious if anyone can comment on how this issue affects the value of the car for re-sale purposes as I plan to use it as a daily driver for 4-5 years and then will want to sell. Do not want to get stuck with something I cannot sell.
Been following all Porsche threads on BaT (where i started looking for porsches) and learning a lot, notably that the air cooled 993's are incredible drivers and will last a long time (and no IMS issues!)
Appreciate any advice fellow forum members can offer
I am curious if anyone can comment on how this issue affects the value of the car for re-sale purposes as I plan to use it as a daily driver for 4-5 years and then will want to sell. Do not want to get stuck with something I cannot sell.
Been following all Porsche threads on BaT (where i started looking for porsches) and learning a lot, notably that the air cooled 993's are incredible drivers and will last a long time (and no IMS issues!)
Appreciate any advice fellow forum members can offer
#2
Seared
Rennlist Member
Rennlist Member
I’m not sure anyone has the special powers necessary to predict how that car’s value will look in the future.
I’d spend some time to find an example that doesn’t come with such a checkered history.
Andreas
I’d spend some time to find an example that doesn’t come with such a checkered history.
Andreas
#4
Yeah, if re-sale is foremost in your mind, a salvage car shouldn't even be on your list of cars to buy.
Save more, spend more and buy the best example you can afford. Only buy a salvage car if you plan on owning it forever and being buried in it.
That interior appears to be awful by the way, unless you have dementia and need a seat to remind you as to what model Porsche you're about to drive.
Save more, spend more and buy the best example you can afford. Only buy a salvage car if you plan on owning it forever and being buried in it.
That interior appears to be awful by the way, unless you have dementia and need a seat to remind you as to what model Porsche you're about to drive.
The following users liked this post:
HelpMeHelpU (06-23-2019)
#6
Yeah, if re-sale is foremost in your mind, a salvage car shouldn't even be on your list of cars to buy.
Save more, spend more and buy the best example you can afford. Only buy a salvage car if you plan on owning it forever and being buried in it.
That interior appears to be awful by the way, unless you have dementia and need a seat to remind you as to what model Porsche you're about to drive.
Save more, spend more and buy the best example you can afford. Only buy a salvage car if you plan on owning it forever and being buried in it.
That interior appears to be awful by the way, unless you have dementia and need a seat to remind you as to what model Porsche you're about to drive.
#7
Burning Brakes
You’ll have the same challenges the current seller has when you look to unload. As long as you don’t over spend on the buy side, you shouldn’t suffer financially in the end. It’s all relative.
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#8
Rennlist Member
How much is the car in question? If it's super cheap, that may mitigate the salvage and subsequent resale value/saleability issues. I would have zero interest in a salvage title car as a daily driver.
#9
Here's the dealer's site, found through Google reverse image search:
http://www.autosempire.com/en-CA/use...ra-1995-742302
http://www.autosempire.com/en-CA/use...ra-1995-742302
#11
No offense, but that interior is a nightmare. $45k for that hot mess, I don't even know what to say. That's about how much a clean Carfax, good condition '95 cab would go for.
#12
RL Community Team
Rennlist Member
Rennlist Member
If the salvage title was due to damage or flooding, I'd give it a NO, don't go there. The seats look like poorly done aftermarket covers were the original ones damaged too?
Damaged Goods Video
Damaged Goods Video
#13
Rennlist Member
Actually, it's $45k Canadian......$33.5k U.S. but still way overpriced considering it's a salvage title IMHO. That "unique" interior reduces the marketability of the car even more so I would agree with all the comments above and take a pass. There's a better car waiting for you and the joy is in the hunt.
#14
If the salvage title was due to damage or flooding, I'd give it a NO, don't go there. The seats look like poorly done aftermarket covers were the original ones damaged too?
Damaged Goods Video
Damaged Goods Video