97 C4S for $38.9K?
04-04-2004, 10:28 AM
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97 C4S for $38.9K?
Any one know of this car? Imports Unlimited in Wallingford, CT is listing a 97 dark green with tan C4S with 45,000 miles for $38,900. Appears to have sports seats. Would be a great price if only.... Can be viewd at www.luxurycars.com
04-04-2004, 12:08 PM
#2
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That car has FLOOD DAMAGE/JUNK title
This car also advertised on Autotrader - there it has VIN specified. If you run CARFAX with that VIN you get an answer to your question:
02/01/2004 45,361 Texas
Motor Vehicle Dept.
Houston, TX
Title #29720038011144647
New owner reported
FLOOD DAMAGE TITLE ISSUED
JUNK TITLE/CERTIFICATE ISSUED
02/01/2004 45,361 Texas
Motor Vehicle Dept.
Houston, TX
Title #29720038011144647
New owner reported
FLOOD DAMAGE TITLE ISSUED
JUNK TITLE/CERTIFICATE ISSUED
04-04-2004, 12:34 PM
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Thanks, Alexander
Of course. Anything that appears too good to be true usally is. Case in point.
Still, I can't help but wonder what the real condition of the car is- how extensive the damage was - and the true value of the car. For the right price it still may make sense for someone.
Of course. Anything that appears too good to be true usally is. Case in point.
Still, I can't help but wonder what the real condition of the car is- how extensive the damage was - and the true value of the car. For the right price it still may make sense for someone.
04-04-2004, 12:39 PM
#4
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Micron.
A car with a salvaged title, even if properly repaired or with little initial damage, takes a tremendous depreciation hit. However, if the buyer enters the transaction with good knowledge, a salvaged car can make excellent economic sense. You have to buy it VERY right, and plan on enjoying the car for a long time. The car you mentioned would normally be $45k -> $50k (sports seats are good, dark green is less popular). With a salvaged title, I'd look for more like a $15k discount.. IMHO.
A car with a salvaged title, even if properly repaired or with little initial damage, takes a tremendous depreciation hit. However, if the buyer enters the transaction with good knowledge, a salvaged car can make excellent economic sense. You have to buy it VERY right, and plan on enjoying the car for a long time. The car you mentioned would normally be $45k -> $50k (sports seats are good, dark green is less popular). With a salvaged title, I'd look for more like a $15k discount.. IMHO.
