Well if its salvage its probably 99% chance it has frame (ie replaced quarter(s), inner apron damage, etc) and if you know what your looking for its very easy to find. Unless it was a flood car which is just as bad. Look for pretty obvious paint lines, bolts being turned and aftermarket welds marks where the quarters meet up with the B pillars. Check the pinch rails for clamp marks. Some body shops are getting better at covering up little things like this but they always miss something.
Usually cut the value of a salvaged title car in half so I would say 17-18ish is probably a good deal if its complete and fixed.
Problem is if you ever try to resale the car you will have to disclose this and in 2-3 years it will be worth about 8-10k so probably not the best investment. Just my .02
17-18k you can buy them wrecked all day. Sometimes in the 20s depending on the damage. When they are fixed i have seen them between 25-32k. If you can pick one up in good shape for 25k id buy it.
They had one for sale around my area for $27,500. Dont know if he sold it or got his asking price. Was hit on the passanger side I think.
$17-18k seems low, no?:shrug: I figured $25k or about that.
I just passed up a totally SMASHED 04 cobra that had NO HOPE of ever being fixed, but had a good drivetrain for $8500 and I was told that was pretty cheap. I got like 10 PM's about it saying if I didn't take it to pass on the info.
Seems like a GT500 would go for much more if it were clean & repaired, salvage or not. It's basically a $60k car new. I don't see a GT500 going for $10k EVER, even the drivetrain's going to be worth more than that in a few years.
I didn't want one as investment, but I was thinking if I could get one in the lower $20's that was straight but had a bad title I'd get it, mod it, and enjoy it. Wanted to see if that was feasible...
Or maybe a higher mileage one for $25k? I dunno...
I have a 07 vista blue car that is all done. 800 miles, salvage title. its pretty much like brand new. 30000.00 Going on ebay this week.
The are selling wrecked with light damage for 22500-27000 still and the destroyed ones go for 14000-20000. remember the motor trans combo alone is worth 13500 all day long.
Fixed salvage title vehicles will sell for 60-70% of actual value.
Think about it this way its salvage for a reason must have taken a good hit to be determinded salvage. If you straighten out a paper clip and try to put it back to its orignal form the metal is not as strong and stressed again it will probably break.
You have to be stupid to believe that. That is not true at all. It maybe just as strong if not strong because you can add welds.