Notices
997 Forum 2005-2012
Sponsored by:
Sponsored by:

What are your thoughts about "Salvage" cars?

Thread Tools
 
Search this Thread
 
Old 08-28-2015, 08:07 PM
  #1  
speedracerf4i
Pro
Thread Starter
 
speedracerf4i's Avatar
 
Join Date: Feb 2015
Location: Chino Hills
Posts: 543
Received 179 Likes on 108 Posts
Default What are your thoughts about "Salvage" cars?

I have to admit that I hold great prejudice against buying cars that are "Salvaged". During my long search for my C4S, I always ignored cars that were salvaged even with deep discount. My primary reason was that you can never know the severity of the damage that the car sustained for the insurance co. to deem it a total loss.

Recently, my mom's fairly new Mercedes was hit mildly in the front. The airbag was deployed but I thought the frame of the car was still ok. Maybe new fenders and a new hood and radiator were all that's needed to put it back on the road. But the insurance co. from the other party still totalled my mom's car. We took the check as it was a bit more than the current market value for the car.

It got me thinking, was I wrong to pass on those "salvaged" 911's without investigating what their prior damages were? Do the economics of buying a cheaper "salvaged" car work?

Here is a nice and cheap 911 C4S to serve as case study
http://sandiego.craigslist.org/csd/ctd/5185983086.html

What do you guys think?
Attached Images  

Last edited by speedracerf4i; 08-28-2015 at 08:34 PM.
Old 08-28-2015, 08:55 PM
  #2  
RaidersR1
Racer
 
RaidersR1's Avatar
 
Join Date: Mar 2014
Location: Brentwood
Posts: 430
Likes: 0
Received 0 Likes on 0 Posts
Default

Rear end on a PCar is not good...BUT you never know. Best thing, IMHO, is to take the car to have a thorough PPI and body shop look over. Someone you trust and will give you an honest opinion about what they see. The body guys can tell if there was frame damage, what may have been done under the other skin, etc.

Driving it will also tell you something too. Thing is....you can't buy this car without risking NO sale down the road due to salvage, it will be know in the history, even when you register it. But honesty is the best policy for that. Maybe the next buyer will trust you if all the paperwork is there and you can show good maintenence and the salvage info is included. I wouldn't say no myself...not without looking at it. A bargain is a bargain. I know some will chime in a say run away, but that's cool to...some will not want to risk the "chance" of a money pit for things down the road.

Keep us posted what you do..interesting to know.

Good Luck.
Old 08-28-2015, 08:57 PM
  #3  
eflight
Rennlist Member
 
eflight's Avatar
 
Join Date: Sep 2010
Location: Rhode Island
Posts: 1,677
Received 122 Likes on 80 Posts
Default

Lol Salvage and MINT in the same ad
Old 08-28-2015, 09:20 PM
  #4  
workhurts
Three Wheelin'
 
workhurts's Avatar
 
Join Date: Apr 2014
Location: NoVa
Posts: 1,428
Likes: 0
Received 305 Likes on 180 Posts
Default

Salvage is fine if it makes financial sense. Not for $47k though. That thing would have to be at 35-40k
Old 08-28-2015, 10:03 PM
  #5  
Lahainabry
Racer
 
Lahainabry's Avatar
 
Join Date: Dec 2014
Location: Tucson AZ
Posts: 329
Likes: 0
Received 1 Like on 1 Post
Default

Originally Posted by eflight
Lol Salvage and MINT in the same ad
I thought the same thing. How could that be?
I personally would never buy a salvage car. People do and drive them without issues. I have a friend that owns a bodyshop.
Every car he owns is a "salvage" title car. However, he is the one rebuilding them. He knows exactly what he is getting.
Old 08-28-2015, 11:10 PM
  #6  
Speedvagen
Racer
 
Speedvagen's Avatar
 
Join Date: May 2015
Location: Edmonds, WA
Posts: 318
Likes: 0
Received 2 Likes on 1 Post
Default

Maybe salvage as a 2nd P-Car? Use it as a daily driver or track car but also have the garage queen.
Old 08-29-2015, 12:00 AM
  #7  
SteveFromMN
Pro
 
SteveFromMN's Avatar
 
Join Date: Jul 2004
Location: Minnesota
Posts: 677
Likes: 0
Received 3 Likes on 2 Posts
Default

Originally Posted by workhurts
Salvage is fine if it makes financial sense. Not for $47k though. That thing would have to be at 35-40k
I grew up working at my Dad's Auto Wreaking Yard. We rebuilt lots of cars that we drove over the years. However I could never buy a Corvette.
Why because people who had no idea what it was going to take to put it back to in proper order. So these guys would over bid for the cars.
I suspect this is the case for Porsche's as well. If they over pay then they will cut corners to save money. You will end up with a problem case that you get to finish.
Old 08-29-2015, 12:17 AM
  #8  
Para82
Race Car
 
Para82's Avatar
 
Join Date: Apr 2009
Location: Bogota / Navarre Beach
Posts: 4,191
Received 38 Likes on 24 Posts
Default

I wouldn't touch it with YOUR weiner.
Old 08-29-2015, 12:19 AM
  #9  
Rick-A-Shay
Burning Brakes
 
Rick-A-Shay's Avatar
 
Join Date: Apr 2013
Location: San Mateo, CA
Posts: 1,058
Likes: 0
Received 4 Likes on 4 Posts
Default

I used to have a "salvaged" 356 and it was fine. It was totaled, years ago, due to an engine fire at a time when they were cheap. HOWEVER, when it came time to sell, a number of buyers couldn't finance the purchase because the lender (bank) wouldn't touch it……. even though it had never been in an accident!
Old 08-29-2015, 12:34 AM
  #10  
ipse dixit
RL Community Team
Rennlist Member
 
ipse dixit's Avatar
 
Join Date: Sep 2005
Posts: 17,208
Likes: 0
Received 12,060 Likes on 5,252 Posts
Default

Sort of like marrying a adult movie star.
Old 08-29-2015, 12:45 AM
  #11  
speedracerf4i
Pro
Thread Starter
 
speedracerf4i's Avatar
 
Join Date: Feb 2015
Location: Chino Hills
Posts: 543
Received 179 Likes on 108 Posts
Default What are your thoughts about "Salvage" cars?

Originally Posted by RaidersR1

Keep us posted what you do..interesting to know.

Good Luck.
I actually already found my 2009 C4S this February. I paid top dollar for a really clean and low mileage car. My brother is interested in getting the same car but has a lower budget, so he is considering salvaged cars as well.
Old 08-29-2015, 12:52 AM
  #12  
Para82
Race Car
 
Para82's Avatar
 
Join Date: Apr 2009
Location: Bogota / Navarre Beach
Posts: 4,191
Received 38 Likes on 24 Posts
Default

All it takes is one good hit to that suspension and the geometry is off for good. Do like the 80's and Just Say No.
Old 08-29-2015, 02:19 AM
  #13  
Lahainabry
Racer
 
Lahainabry's Avatar
 
Join Date: Dec 2014
Location: Tucson AZ
Posts: 329
Likes: 0
Received 1 Like on 1 Post
Default

Originally Posted by ipse dixit
Sort of like marrying a adult movie star.
Nice! That is so funny.
Old 08-29-2015, 04:49 AM
  #14  
cool flash
Racer
 
cool flash's Avatar
 
Join Date: Sep 2013
Location: Stuttgart, Germany
Posts: 264
Likes: 0
Received 7 Likes on 7 Posts
Default

We just had a similar discussion when I asked about buying a used 997 that was accident free but spent 3 out of 6 years as a rental. Everyone said "no way".
Old 08-29-2015, 03:26 PM
  #15  
PVKPorsche
Rennlist Member
 
PVKPorsche's Avatar
 
Join Date: May 2014
Location: Foothill Ranch
Posts: 368
Received 37 Likes on 23 Posts
Default

If you want to keep it for the rest of your life, is a great deal because you will never be able to sell it, unless its so cheap anyone would take a chance.


Quick Reply: What are your thoughts about "Salvage" cars?



All times are GMT -3. The time now is 03:24 PM.