Go Back  The Hull Truth - Boating and Fishing Forum > BOATING FORUMS > Dockside Chat
Reload this Page >

would you buy a new car with salvage/accident history

Notices

would you buy a new car with salvage/accident history

Old 08-27-2011, 02:48 PM
  #1  
Senior Member
Thread Starter
 
Join Date: Aug 2010
Posts: 295
Default would you buy a new car with salvage/accident history

found a really good deal on an suv that has had body damage repaired. couldnt tell by looking at it, it drives just like you would expect a car to drive with flawless history. question: would you buy a salvage repaired car?
thebigcomfy is offline  
Old 08-27-2011, 02:50 PM
  #2  
Senior MemberCaptains Club Member
 
Join Date: Oct 2003
Posts: 53,965
Default

It's not "new" then.
A Few Dollars is offline  
Old 08-27-2011, 03:02 PM
  #3  
Admirals Club Admiral's Club Member
 
Join Date: May 2010
Location: Louisiana
Posts: 2,447
Default

in short....nope....i know a body shop guy that would buy salvaged/totaled cars and fix em up on his own dime and time. all salvage titles. you couldn't tell that anything was ever wrong with them. still in all, salvage title is gonna hurt you in the long run and may affect you getting your insurance at a premium rate. just food for thought.......
CLang is offline  
Old 08-27-2011, 03:14 PM
  #4  
Senior MemberCaptains Club Member
 
Join Date: Mar 2003
Location: San Francisco Bay Area
Posts: 8,781
Default

The short answer... No.
ABoater is offline  
Old 08-27-2011, 03:28 PM
  #5  
Senior Member
 
Join Date: Jan 2006
Location: Sunny florida
Posts: 23,006
Default

Salvage? Hell no. That means it was written off as a total loss. Not just a dented fender..TOTALLED!
billinstuart is offline  
Old 08-27-2011, 03:33 PM
  #6  
Senior Member
 
Join Date: Feb 2010
Location: Fort Lauderdale
Posts: 677
Default

Never.

Insurance co. decided it was too badly damaged to repair and come out ahead. Now someone has "fixed" it and is able to sell it cheaper than non-damaged cars. That almost guarantees corners were cut to complete the repair.
SimonFL is offline  
Old 08-27-2011, 03:53 PM
  #7  
Senior MemberCaptains Club Member
 
Join Date: May 2005
Location: South Florida
Posts: 9,140
Default

SALVAGE TITLE: NO NO NO NO NEVER - ARE YOU INSANE?

Some accident damage: If the price is right, but be very careful about what they're not telling you

edit: Ok, on the Salvage - as Liveaboard points out, the real issue here is that it's such a big red flag that the value is basically cut in half. However, every seller will try to convince you that it was a technicality that it was a salvage title, the damage wasn't really that bad, and the airbags didn't even go off. Yeah, right. Hopefully the guy that fixed it bothered to put new airbags back in.

Last edited by Flot; 08-27-2011 at 04:21 PM.
Flot is offline  
Old 08-27-2011, 03:53 PM
  #8  
Senior Member
 
Join Date: Jul 2009
Location: Elizabeth City NC
Posts: 9,490
Default

Yes, but only if your planning on keeping it. Little Supercharged Saturn Sky in my sig I have , has a salvage title. Bought it for 9 grand when the price was 17 to 20 grand used on a regular one but if you don't plan on keeping it your investing in something your never going to get your money back from. Only buy salvage if you can pay cash. If you go to trade it in they will give you about half the value but if the work is done right its fine. Bought mine in Calif and trucked her home myself to Carolina and it passed Calif inspection. Have not had one problem but it don't get driven a lot or didn't .07 with 26 thousand on the clock. Its the daily driver now and vettes for shows so I'm set in cars for a long time. For a long term investment you can save money but make dog gone sure you plan on keeping it. You decide later on your ready to trade,,, O well..
liveaboard74 is offline  
Old 08-27-2011, 05:27 PM
  #9  
Senior Member
 
Join Date: Nov 2010
Posts: 6,331
Default

In the early 90's I bought a two year old trans am with a salvage title. It had 24k on it for 4 grand. I drove it until 172,000 miles and sold it for two grand.
The Revenge is online now  
Old 08-27-2011, 05:30 PM
  #10  
Senior Member
 
Join Date: Nov 2002
Location: Melbourne, FL
Posts: 110
Default

I bought a salvage late model truck. Very good price I normally keep cars until the drop so no big deal on resale.

Main problem is that most insurance companies won't touch then. Had to get a
Liability only policy.
fishin_blues is offline  
Old 08-27-2011, 05:47 PM
  #11  
Senior Member
 
Join Date: Apr 2010
Location: Mass/Rhode Island
Posts: 1,115
Default

Stay away from salvage. If the insurance company doesn't want it then neither should you. Previous accident may be okay as long as you can find out what the damage was and are comfortable with it.
mercbravo1 is offline  
Old 08-27-2011, 06:20 PM
  #12  
Senior MemberCaptains Club MemberPLEDGER
 
Join Date: Aug 2001
Location: West Carolina
Posts: 21,936
Default

Salvage is OK if you know the history. Otherwise, see above.
Shag is offline  
Old 08-27-2011, 06:36 PM
  #13  
Senior MemberCaptains Club Member
 
Join Date: Mar 2003
Location: st augustine fl
Posts: 7,225
Default

It all depends on the deal and how severe the damage was....it will always "have been in a accident" so resale and might have possible operation issues that are sometimes hard to resolve...a 20K car for 5K?....maybe..
slickster is online now  
Old 08-27-2011, 10:14 PM
  #14  
Senior Member
Thread Starter
 
Join Date: Aug 2010
Posts: 295
Default

Originally Posted by A Few Dollars View Post
It's not "new" then.
wow. awesome.


everyone else, thanks for the replys.
the accident was the result of a theft. not sure id want to touch this one.
so im still wondering is there any way to determine the extent of the damage beforehand? if so, i would like to avoid any kind of report that the seller could exaggerate, and do my own research. are car accidents public record? would it be possible to track down the accident report?

thanks
comfy

Last edited by thebigcomfy; 08-28-2011 at 10:58 AM.
thebigcomfy is offline  
Old 08-28-2011, 03:13 AM
  #15  
Senior MemberCaptains Club Member
 
Join Date: Jan 2006
Location: Mobile, Alabama
Posts: 2,794
Default

My wife's Mazda Rx7 was stolen (early 90's) and when recoved it was minus the wheels/tires, seats, and radio. State Farm totalled it.

I should have bought it back even with a "Salvaged" title. Great car and it sold cheap at auction.
triguy7 is offline  
Old 08-28-2011, 07:20 AM
  #16  
Senior Member
 
Join Date: Apr 2010
Location: Mass/Rhode Island
Posts: 1,115
Default

I don't know if there is a way to truly know the damage history unless you had first hand knowledge of the car. A car dealer may not want to be honest even if he knows, but some get them at auctions and have no history. I had heard a car fax report will only pick up damage history if the cost was over $2500, but I'm not sure if that's true. Sometimes you can get lucky if the car was fixed only at dealerships as they can look up history.
mercbravo1 is offline  
Old 08-28-2011, 07:32 AM
  #17  
Senior MemberCaptains Club Member
 
Join Date: Aug 2004
Location:
Posts: 1,154
Default

A theft recovery can have a salvage title and never been damaged.. Food for thought...
lbud is offline  
Old 08-28-2011, 07:40 AM
  #18  
Senior MemberCaptains Club Member
 
Join Date: Oct 2007
Location: Davie / Islamorada
Posts: 12,264
Default

Originally Posted by lbud View Post
A theft recovery can have a salvage title and never been damaged.. Food for thought...
That is correct.... I purchased my Porsche for 50% of book value - it was a theft recovery....

A quick carfax report will provide u with the info...
triplenet is offline  
Old 08-28-2011, 07:54 AM
  #19  
Senior MemberCaptains Club Member
 
Join Date: Apr 2006
Posts: 8,580
Default

In the early 1990's I bought a 1990 Ford F-150 with a Salvage title. paid $6k for a truck that looked and drove like new. Had been in a front-end accident. Body shop bought it at auction, fixed it and sold to me with a 12-month warranty. I drove it for 10 years and sold with 130,000 miles for $4.5k with full disclosure of the title history. I would do it again.
chrisrack is offline  
Old 08-28-2011, 09:13 AM
  #20  
Senior Member
 
Join Date: Jul 2009
Location: Elizabeth City NC
Posts: 9,490
Default

Originally Posted by triplenet View Post

A quick carfax report will provide u with the info...
there is the answer.
Everything now is on computer file so its easy to get copys of damage reports. The sky I bought I had the body shop in Washington State fax me a copy of what they were going to replace & charge to fix the car. That was in the carfax report.Their name a location anyway. Got to see everything that was damaged. They didn't fix it. Insurance sold it to a company in Los Angles that rebuilds them then sells them online or at auctions.
Carfax won't tell you what damage it had as to what parts were needed but it will list the body shop that did the inspection to have the car salvaged . Have to do your homework with these things. Again, Only buy if your going to keep it.

Take a look at this e bay car. >170687484123 Not a lot of damage and not really that hard to fix. Salvage title.
liveaboard74 is offline  

Thread Tools
Search this Thread