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I suppose the bottom line is cost..... If you want to buy one with rebuilt/salvaged history for 30-40% discount to the market value and willing to take the risk, go
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#1 (permalink) |
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A True Z Fanatic
Join Date: Oct 2014
Location: socal
Posts: 1,122
Drives: 370z
Rep Power: 13436 ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |
I suppose the bottom line is cost.....
If you want to buy one with rebuilt/salvaged history for 30-40% discount to the market value and willing to take the risk, go ahead. I personally would not take the risk. BTW: there is only 'salvaged' title in California regardless. |
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#2 (permalink) | |
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A True Z Fanatic
Join Date: Dec 2011
Location: Fayettenam,Pennsyltucky
Age: 70
Posts: 35,581
Drives: 2011 Nismo GM 6M
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浪人 - 殺し屋 "The Difficult Anytime, The Impossible By Appointment Only" http://www.the370z.com/members-370z-...o-journal.html |
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#3 (permalink) |
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Base Member
Join Date: Jan 2020
Location: ny
Posts: 1
Drives: 2016 370z
Rep Power: 7 ![]() |
Unfortunately , most of the comments on the issue of rebuilt title and salvaged titles are false. Car fax has stated that more than 30% of cars that have been in an accident hav never even been reported to a insurance company. So any vehicle you buy can put your life in danger, but a rebuilt title is safer because it was inspected by the state after repairs are done. goes trough a state inspection .
I have been buying salvaged vehicles and repairing them for years, i have never bought a flood, fire or severe frame damaged vehicle. If the vehicle is correctly repaired and you have all the receipts and you have a licenced mechanic check the vehicle, it is more than worth it. I just finish my second 370z, 2016 370z with 18k miles. paid only $3,600.00 bucks. initial issue was the front pass spindle, hood, front bumper , radiator support, fender, drivers airbag and roof airbag. All items were purchased from the dealer at a cost including body work for 6k. With title taxes and fees i'm in it for $10,300. The book value even with rebuilt title is 800.00 less than a clean title, Why? because its still a sought after vehicle . Book value is 21k . But guess what i'm having so much fun driving it that i already put 2k miles on it . I think the rebuilt title is a much better buy. my experience you ask ? I'm on my 185 salvage vehicle and i have plenty of customers lined up waiting for cars to be finished while saving 5k or more. |
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