Quote:
Originally Posted by James H
Appears the OP has conveniently overlooked the fact that he paid a much lower price for a salvage title car over a road worthy used car. That is the exact reason why there is a price difference. When one buys a salvage title car, it comes with the understanding that you take the risk of whether you can make it run with less cost thrown in than what you normally paid for a used one. Can't have it both ways.
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1) the "exact" reason a salvage title car is "much cheaper" is because it has an outstanding valve spring recall/issue completely unrelated to the cosmetic damage to the car???
2) I'm not overlooking anything at all, if anything, the dealer is "conveniently" using the accident/salvage title as a reason to not take on the risk.
3) I more than fully understand the risks involved with buying/working on a salvage title car. And for the record, the car ran/drove perfectly fine upon receipt. I am also very confident in my mechanical abilities to do the work, not to mention I enjoy it.
4) I can certainly have it both ways, have it running/driving and for less cost. And even with the unexpected mechanical repairs I will still walk away well under market value of a non-salvage car.
(not that I am looking to sell/make any money on this, its a long-term vehicle we want for my fiance)
and just to clarify, the reason salvage title cars are "cheaper" to buy is:
1) they still require a lot of time and money to get them on the road, and if you can't do most of the work yourself you'll actually end up spending more than just buying a running car
2) their resale value obviously reflects the fact that they have been involved in an accident.
with that said, i have seen plenty of "clean title" cars that were far from it, having unreported damage/repairs done significantly worse than that of something like what I am restoring.
