Salvaged Title

[likeitfast55]

Sounds like you make a good decision. Everything has to be right to buy a salvage title car. Most important the price. 30% is a great number for value vs non salvage for the same make/model.

[Back N Black]

i agree with passing up on it...I have only seen one person actually make it out alright on a salvage deal. Good buddy bought a 2010 HD 2500 Chevy that had the left sided damage, they totaled it, someone bought/repaired it well. He bought it in cash for cheap and still doing good few years later. Doesnt happen very often, especially if you arent in a rush, i would take my time.

[mikeb]

That's just under the value of a clear titled truck. Maybe even right at it, if you look hard enough.

That's what I was thinking too Denny. Way too high for a salvage title.

Salvage title vehicles can be good buys if you can determine what the damage was that caused the salvage title in the first place. Flood recoveries and cars that are welded together from several wrecks are an obvious no go, but a theft recovery with a stripped interior or a car with repairable, non serious body damage is often acceptable.

If you like to flip cars every month or two you'll likely lose your ass on a car with a salvage title, but if you keep them until the wheels fall off they make sense.

I once bought a little v6 mustang with a salvage title and it was a solid little car that got great mileage. The last I heard it was still being seen around town, driven by the kid that I eventually sold it to. And yes, I took a loss on it due to the title.