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993 C4S wide body 1996

 
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Old 08-28-2014, 01:56 PM
  #31  
KrisKringle
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Year: 1996
Make: Porsche
Model: 911
Cont. Porsche Models: 993
Mileage (numbers only please): 89000
Options (Please check ALL which apply): Airbags, Air Conditioning, Alarm System, Antilock Brakes, Cruise Control, Foglamps, Intermittent Wipers, Leather Seats, Power Brakes, Power Door Locks, Power Steering, Power Windows, Sunroof
Color: midnight blue
VIN: WP0AA299XTS321762
Price (no $ sign please): $57500
Private or Dealer Listing: Private Listing
Location (Region): Canada
Body Style: Coupe
Transmission Type: Manual - 6 speed
2 or 4 Wheel Drive?: 4 Wheel Drive
Engine Type: Fuel Injection
Stereo System: AM-FM CD

Guys, this stuff is pretty clear here in Nova Scotia.
http://www.novascotia.ca/snsmr/rmv/r...ion/stolen.asp

It seems that insurance wrote this car off for whatever reason, when a reasonable rebuilt/fix was possible.

From the link:

"What is the Stolen and Wrecked Vehicle Program?

The Stolen and Wrecked Vehicle Program is a national database designed to reduce auto theft, track stolen vehicles, and improve road safety by creating a registry of stolen and wrecked vehicles. The program also ensures that if wrecked vehicles are ever returned to the road, it is only after meeting stringent safety requirements.


How does it work for stolen vehicles?

For stolen vehicles, police report the theft to the Registry of Motor Vehicles (RMV) and the database is updated to reflect this information. A vehicle branded "stolen" on this database can only be changed when the vehicle is recovered by police. All provinces in Canada have access to this database and can check the status of any vehicle.

How does it work for wrecked vehicles?

For vehicles involved in accidents, information is reported to the Insurance Bureau of Canada by insurance companies within five days of an accident. Vehicle permits are then permanently red-flagged, or branded. Once these vehicles are back on the road, potential buyers will know from the vehicle registration if it has been in a major accident. Consumers can also be assured that it is only after inspection requirements are met that rebuilt vehicles are allowed back on the road.

What does it mean when vehicles are branded?

Vehicles can be branded "stolen," "salvage," "non-repairable," or "rebuilt." Vehicles are recorded as "stolen" on a national database after police report a car theft to the RMV. Vehicle registrations are marked "salvage" or "non-repairable" depending on the extent of damage from an accident. "Salvage" vehicles can be rebuilt but must pass strict safety requirements. Only then will the permit be changed to indicate that the vehicle has been "rebuilt."

A "rebuilt" vehicle means the vehicle was once "salvage" and has undergone some form of body or structural repair. A vehicle branded "rebuilt" has met safety requirements and passed inspection.

"Non-repairable" vehicles are not allowed back on the road and their registrations cannot be upgraded. They must be junked or sold as scrap or parts."
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Old 08-28-2014, 05:16 PM
  #32  
Garth S
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Thanks Kris ... long time, no see ..

Yes, I am wholly unaware of any jurisdiction that will register, plate and or tag a salvage vehicle ... that is an intermediate step taken by the trio of owner/adjuster/Insurance .... and a ripe game it is> If the damage is modest and the vehicle is deemed rebuildable ( as I have previously stated), then either the existing owner or new owner assumes the salvage and conducts the repairs: once completed it is subject to a scrutiny/inspection which can lead to being recertified and retitled.

That is the process, as I am aware, across Canada, and in the two US states in which I have lived - at least by my recall; however, some posters have a very different opinion ..... however interesting that may be, it is inconsistent with the law and regulations as I know them. Hands up please from anyone who is driving a salvage title vehicle - I am willing to accept that certain areas may condone that .... and I stand to learn something; however, it is absolutely forbidden in this case, and in this region..


Originally Posted by KrisKringle
Guys, this stuff is pretty clear here in Nova Scotia.
http://www.novascotia.ca/snsmr/rmv/r...ion/stolen.asp

It seems that insurance wrote this car off for whatever reason, when a reasonable rebuilt/fix was possible.

From the link:

"What is the Stolen and Wrecked Vehicle Program?

The Stolen and Wrecked Vehicle Program is a national database designed to reduce auto theft, track stolen vehicles, and improve road safety by creating a registry of stolen and wrecked vehicles. The program also ensures that if wrecked vehicles are ever returned to the road, it is only after meeting stringent safety requirements.


How does it work for stolen vehicles?

For stolen vehicles, police report the theft to the Registry of Motor Vehicles (RMV) and the database is updated to reflect this information. A vehicle branded "stolen" on this database can only be changed when the vehicle is recovered by police. All provinces in Canada have access to this database and can check the status of any vehicle.

How does it work for wrecked vehicles?

For vehicles involved in accidents, information is reported to the Insurance Bureau of Canada by insurance companies within five days of an accident. Vehicle permits are then permanently red-flagged, or branded. Once these vehicles are back on the road, potential buyers will know from the vehicle registration if it has been in a major accident. Consumers can also be assured that it is only after inspection requirements are met that rebuilt vehicles are allowed back on the road.

What does it mean when vehicles are branded?

Vehicles can be branded "stolen," "salvage," "non-repairable," or "rebuilt." Vehicles are recorded as "stolen" on a national database after police report a car theft to the RMV. Vehicle registrations are marked "salvage" or "non-repairable" depending on the extent of damage from an accident. "Salvage" vehicles can be rebuilt but must pass strict safety requirements. Only then will the permit be changed to indicate that the vehicle has been "rebuilt."

A "rebuilt" vehicle means the vehicle was once "salvage" and has undergone some form of body or structural repair. A vehicle branded "rebuilt" has met safety requirements and passed inspection.

"Non-repairable" vehicles are not allowed back on the road and their registrations cannot be upgraded. They must be junked or sold as scrap or parts."
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Old 08-28-2014, 09:42 PM
  #33  
mehoff
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^^^^

Hold on dude. If the car, at any point in it's life was issued a salvage title, it's a salvage car. Going through the process of getting a clean title is called "Title Washing", and while it may be technically legally in some regions, is WAY MORE THAN FROWNED UPON in the car community.

Not disclosing the past salvage title (and thus salvage car) is tantamount to fraud IMHO.

If you tried that in California you'd be speaking with the police, not a group of Rennlisters.
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Old 08-28-2014, 11:57 PM
  #34  
rmc1148
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Yes very sad should be mentioned in first line bold print.
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Old 08-29-2014, 03:31 AM
  #35  
DrewskiOne
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Wow, this is better than CSI!
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Old 08-29-2014, 11:49 AM
  #36  
PRSWILL
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Such a pretty car... What's it worth with this title issue hanging out there?
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Old 08-29-2014, 12:52 PM
  #37  
six gun
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Originally Posted by mehoff
^^^^

Hold on dude. If the car, at any point in it's life was issued a salvage title, it's a salvage car. Going through the process of getting a clean title is called "Title Washing", and while it may be technically legally in some regions, is WAY MORE THAN FROWNED UPON in the car community.

Not disclosing the past salvage title (and thus salvage car) is tantamount to fraud IMHO.

If you tried that in California you'd be speaking with the police, not a group of Rennlisters.
+ 1 IMHO this car should be for sale in Canada only. From what is posted here, it is legally registered there, and bringing back here is asking for problems.
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Old 08-29-2014, 01:22 PM
  #38  
DrewskiOne
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Originally Posted by PRSWILL
Such a pretty car... What's it worth with this title issue hanging out there?
Until you know **exactly** the reason for the salvage title and the extent of the subsequent repair, it's not possible to accurately determine the value.
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Old 08-29-2014, 01:49 PM
  #39  
Randy V
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Looking to step up to a 928 GTS, Garth?

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Old 08-29-2014, 06:24 PM
  #40  
CT944
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Salvage CarFax and 90k miles will hurt value significantly. Car seems like a nice driver, buyers shouldn't expect any appreciation.
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Old 08-29-2014, 07:07 PM
  #41  
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Car is clearly a well maintained, beautiful 993. Maybe Had minimal damage but was salvaged by the insurance company to appease the original owner to get full settlement perhaps...

The door damage and paint work will affect resale price to the purist, however the salvage title no matter how minimal the damage and how well repaired will always haunt the history and resale of the vehicle.

Based on salvage history vehicle sales, they are typically purchased for good deals and end up being sold for good deals as result which is how these things typically go.

Great way to get into a 993 for less then market.
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Old 08-30-2014, 12:57 PM
  #42  
DrewskiOne
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Originally Posted by tcsracing1
Car is clearly a well maintained, beautiful 993. Maybe Had minimal damage but was salvaged by the insurance company to appease the original owner to get full settlement perhaps...
Or perhaps not. Unless you can document the reason for the Salvage Title, it is just speculation.

Most salvage titled cars are sold at auction. There are likely no stories that are passed on along with the car or service history.

As a side note, I was looking at at 1995 C2 on ebay that seemed under priced with no bids. I then noticed it had a salvage title associated with it. I asked the owner/dealer about the title. He replied "just a fender bender, nothing more". I asked if he had receipts, he said no. I then looked into the definition of a salvage title in Texas. It was then clear to me a "fender bender" was nuance-speak for something for a more serious problem. Clearly there was some obfuscation as to the reason for the salvage designation.

Lastly, all things being equal and the car is as it appears to be (sweet), what's the resale going to be? How are you to present this car to the next guy and satisfy all if the questions that are being raised here?
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Old 08-30-2014, 01:11 PM
  #43  
DrewskiOne
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Had the car been issued a new title (Rebuilt vs Salvage) in Connecticut, it would have had to go through a strict process of providing receipts and photos of the repairs. Here's a link with more info: http://www.dmv.org/ct-connecticut/salvaged-vehicles.php

So was this done in in Canada?
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Old 08-30-2014, 01:31 PM
  #44  
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Does this car have a "Rebuilt" title in Canada? If so, then it passed the necessary inspection to transition from salvage to rebuilt. If not, then you could make a case for "title washing".
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Old 08-30-2014, 01:49 PM
  #45  
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Originally Posted by CT944
Salvage CarFax and 90k miles will hurt value significantly. Car seems like a nice driver, buyers shouldn't expect any appreciation.
The 90K miles isn't the killer.

The salvage title is.

Wonder how much less than $57K the car will be sold for, now that all the info is out there.

Good luck with the sale.
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