Not bad for a car to beat on?
#1
Racer
Thread Starter
Not bad for a car to beat on?
https://www.ebay.com/itm/332262514762
Ran across this on eBay. It's an 03 Coupe with 40k. It was in a minor accident and they threw a replacement bumper on it. It's a salvage title. I was thinking someone here might be in the market for a track car and as long as the damage was minor it might make a good base.
Ran across this on eBay. It's an 03 Coupe with 40k. It was in a minor accident and they threw a replacement bumper on it. It's a salvage title. I was thinking someone here might be in the market for a track car and as long as the damage was minor it might make a good base.
#2
Rennlist Member
Can't go wrong at that price.
#6
Burning Brakes
The seller is a well known rebuilder of M96 engines. Fairly or unfairly, he has been involved in a number of (*ahem*) heated Rennlist exchanges over the past few years.
I don't know the man, and have neither experience with his work nor opinion regarding same. But he does seem to be quite the lightning rod for spirited discussion.
I don't know the man, and have neither experience with his work nor opinion regarding same. But he does seem to be quite the lightning rod for spirited discussion.
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#8
It just dawn on me when I was looking at this car that I think the rear of a 996 is better looking than a 997. If this car was in a light accident, why is there a salvage title? Shouldn't this be a major accident?
#11
Drifting
Join Date: Sep 2011
Location: Ephrata, PA, USA now. Originally from the UK
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to me a salvaged title says the cost of repair is worth more than the cost of the car. Surely that is no miner accident on a 2003 with only 40,000 miles on the clock. That's more like a major accident.
#12
Burning Brakes
+1 ... auction listing said it was salvaged due to front end body damage. That's possible, as the cost of a new front clip could easily exceed the threshold to total a car. OTOH, there could be all sorts of trouble lurking. Without a lot of detail and a good inspection, there's simply no way to know.
#14
Shameful Thread Killer
Rennlist Member
Rennlist Member
Frex; if this car were worth $22,000 FMV, then to trigger a salvage decision the repair cost would need to be between $11,000 and $16,000 depending on the sale value and salvage value of the vehicle. The adjuster would look at it, total up about $12k in costs and say 'its a salvage'. I would not pay more than $12-13k for this example. A similar car without salvage title and significant damage can be had for $18-22k.
#15
Burning Brakes
The description states, in so many words, that they put a used bumper on the front, but the underside damage has not been repaired. Seems like a high price for an example with a salvage title that has not been repaired. As far as using it as a track car, I would be leery that the front suspension is out of line due to the body damage. It could require a lot of work to get it right.