Price check...
#4
Full Member
iTrader: (1)
I'd even say 10-12k in current times, 8k is a bit low unless it was straight up demolished, frame skewed really bad, flooded, etc. If it was a theft recovery or some insurance company totaled it because it is a 25 year old car and had front bumper damage that MAY be a different story. Either way, do not pay 19k for this car.
#6
Sponsor
iTrader: (41)
Its worth about half that to me because of the title issue. The biggest problem with salvage cars is god forbid it gets crashed or stolen, most insurance companies will give you very little for it as it has already been paid out as a total loss. There are different way a car can get assigned a salvage title. The most common is often a serious accident that gets estimated at more than 60% of the value of the car. This can vary by company and type of insurance. Flood cars often get issued salvage titles. They are notorious for having constant electrical problems. The best way you can have a salvage title if there had to be one I would say if the car was stolen and many parts taken. It could then be totaled out because of the cost of replacing the parts and reassembling the car. Still, I feel for that price there are much better examples out there. Also don't forget resale value will be significantly affected as well.
Trending Topics
Thread
Thread Starter
Forum
Replies
Last Post
Mickster
1st Gen General Discussion
14
02-10-10 06:54 AM
RxSevenMan
3rd Generation Specific (1993-2002)
18
08-13-05 10:11 PM
RX7Wishing
3rd Generation Specific (1993-2002)
9
11-27-04 08:23 AM
ronarndt
2nd Generation Specific (1986-1992)
8
03-19-04 08:30 AM