I'm thinking of selling??..THIS STORY HAS A CRAZY TWIST!
06-06-2014, 05:02 PM
#17
Rennlist Member
- i'd think $19-20K for your C2 with the damage history unless of course the paint on the front bumper matches perfectly which usually isn't the case and no other damage on car.
again this is if you want to sell it - if you want to price it at $25K and have 20 pages of posts and wait a year to bring the asking price down to one that will generate real buyers, thats another thing...some stubborn RLers like the year thing
06-06-2014, 07:17 PM
#18
Three Wheelin'
06-06-2014, 07:23 PM
#19
Three Wheelin'
this is not a correct market value guide - why do i say that?? because i have been shopping for a C4S for 2 months after my turbo purchase deal fell thru. i am in negotiations/process of purchasing a 2003 47K miles C4S in southern california - original paint, never any damage, new clutch/replacement IMS bearing and in showroom condition for $28K there is also one in phoenix az. which has 68K miles in the same condition for $27K i'd have to guess a 75K miles east coast car with history of damage isn't going to fetch more than low $20's you can ask all you want but if you want to sell it, you have to get real which is something porsche owners/sellers have a hard time understanding.
2002 Turbo - Basalt Black Metallic / 2003 Carrera 4S - Speed Yellow / 1955 356 Continental 1500 - Rust Red
06-06-2014, 07:26 PM
#20
Pro
Thread Starter
Here's a twist on the story...
I talked to my buddy who owns a car dealership and he pulled the CarFax. In 2009 my car was in an accident in Colorado and was a TOTAL LOSS. apparently someone fixed it and never disclosed it.
It just showed up on the CarFax in January 2014!!! I of course pulled the CarFax before I bought it and it was clear.
My buddy told me that he law is pretty clear, if it's a total loss and wasn't disclosed, I can get my money back. I bought this car 4 years ago and I took it to the dealership today and it looks like I'm going to either get a full refund or a credit for what I paid for the car towards another car on the lot.
Apparently he has to go after the guy he bought it from and that guy has to go after the guy he bought it from.
It looks like I'm just gonna be made whole.
HOW CRAZY IS THIS?!?!
I talked to my buddy who owns a car dealership and he pulled the CarFax. In 2009 my car was in an accident in Colorado and was a TOTAL LOSS. apparently someone fixed it and never disclosed it.
It just showed up on the CarFax in January 2014!!! I of course pulled the CarFax before I bought it and it was clear.
My buddy told me that he law is pretty clear, if it's a total loss and wasn't disclosed, I can get my money back. I bought this car 4 years ago and I took it to the dealership today and it looks like I'm going to either get a full refund or a credit for what I paid for the car towards another car on the lot.
Apparently he has to go after the guy he bought it from and that guy has to go after the guy he bought it from.
It looks like I'm just gonna be made whole.
HOW CRAZY IS THIS?!?!
06-06-2014, 08:32 PM
#25
Rat Balls
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Interesting. Does anyone know the law if the car was in an accident but it was not a total loss? Also, is it state specific ?
I bought an SUV a few years ago, clean carfax but after owning it awhile I bought 4 new tires and got an alignment at the same time. They couldn't get the car in spec and speculated it may have been in a collision significant enough to bend the chassis. It still drives great and the tires always wear evenly. My son has it now, but was curious about this law.
I bought an SUV a few years ago, clean carfax but after owning it awhile I bought 4 new tires and got an alignment at the same time. They couldn't get the car in spec and speculated it may have been in a collision significant enough to bend the chassis. It still drives great and the tires always wear evenly. My son has it now, but was curious about this law.
06-06-2014, 08:38 PM
#26
Pro
Thread Starter
Not sure about an accident, but I'm told that the statute for a total loss is either 7 or 10 years.
It's considered fraud. I'm sure if your car was in an accident and not disclosed, you may have some recourse, but I'm not sure.
Why CarFax took 5 years to post a loss is beyond my comprehension. The dealer where I bought the car said that the CarFax may be wrong and the car is fine, but he said that would be a longshot and CarFax is about 99% accurate. The only reason he's suspect is that it took so long to post it.
It's considered fraud. I'm sure if your car was in an accident and not disclosed, you may have some recourse, but I'm not sure.
Why CarFax took 5 years to post a loss is beyond my comprehension. The dealer where I bought the car said that the CarFax may be wrong and the car is fine, but he said that would be a longshot and CarFax is about 99% accurate. The only reason he's suspect is that it took so long to post it.
06-06-2014, 08:40 PM
#27
Race Director
If you'd gotten a PPI, you wouldn't have gotten a Porsche to drive for four years, followed up by a full refund.
That's some good luck, amigo.
How does a dealership not identify that a US-registered car had a salvage title? Even if it wasn't previously on CARFAX, wouldn't DMV records include its classification as a salvaged vehicle?
It also seems almost impossible that someone spent enough time, money, and effort on a restoration so good that a dealership wasn't able to detect the damage. Who spends that much money restoring a mass-produced sports car? This is an '03 911, not a hand-built, limited edition supercar.
Regardless of the back story - bank error in your favor, at a time when it sounds like you need a break. Congratulations.
That's some good luck, amigo.
How does a dealership not identify that a US-registered car had a salvage title? Even if it wasn't previously on CARFAX, wouldn't DMV records include its classification as a salvaged vehicle?
It also seems almost impossible that someone spent enough time, money, and effort on a restoration so good that a dealership wasn't able to detect the damage. Who spends that much money restoring a mass-produced sports car? This is an '03 911, not a hand-built, limited edition supercar.
Regardless of the back story - bank error in your favor, at a time when it sounds like you need a break. Congratulations.
06-06-2014, 08:46 PM
#29
Yes, this seems pretty crazy... it would be interesting to find out where things went wrong, how it could have slipped through the cracks. When you pull a carfax, don't they also offer some sort of guarantee or protections? Nice break... keep us informed!
06-06-2014, 08:51 PM
#30
Pro
Thread Starter
All true but I'm not sure how it will end. I need the money and if I'm offered a credit for a car on the lot I'm sort of in the same boat.
I did drive it for 4 years and I did enjoy it. It looks so good now and the new VE wheels are practically new. It's really a shame. I really love the car.
I was thinking of putting the Porsche wheels back on and selling the Victor wheels, but I may just leave the Victor wheels on and sell the Porsche wheels.
I think the Porsche wheels wold not only have more value, but I bet people on this site would appreciate them more than the aftermarket wheels.
I did drive it for 4 years and I did enjoy it. It looks so good now and the new VE wheels are practically new. It's really a shame. I really love the car.
I was thinking of putting the Porsche wheels back on and selling the Victor wheels, but I may just leave the Victor wheels on and sell the Porsche wheels.
I think the Porsche wheels wold not only have more value, but I bet people on this site would appreciate them more than the aftermarket wheels.