Buying a Car with a Salvage Title

[INTRIGUED]

IMO I wouldn't get it. Even more so if you want a semi long term car. One thing I have learned with almost all the cars I have bought is do not settle with something. Its worth the time and effort in the long run to find something better even if it costs a little more.

[Shane@DBPerformance]

I would only buy a car with a salvage title if it was something like an MKIV Supra for $5000 and I never planned on selling the car, or a $500 beater.

[niterydr]

I would only buy a car with a salvage title if it was something like an MKIV Supra for $5000 and I never planned on selling the car, or a $500 beater.
My thoughts exactly.
Allan, wait for a better deal. Worn rotors at 42k? Salvage title?
A better fit will pop up, just bide your time.

[GSXMatt]

My GSX is Salvage. The plan is much like what you guys said, build it and not sell it.


So it's just one big money pit =).

[Goat Blower]

If you don't plan on selling the car anytime soon, salvage titles aren't bad. I had a 98 Corvette that I sold for $5000 below normal private party value and you could hardly tell it'd had ever been hit. There is always some small issues like air bag sensors and such, but it's a good way to get into something cheaper or something you can't necessarily afford. The difference in price is usually $3-5K.

[Kracka]

If you don't plan on selling the car anytime soon, salvage titles aren't bad. I had a 98 Corvette that I sold for $5000 below normal private party value and you could hardly tell it'd had ever been hit. There is always some small issues like air bag sensors and such, but it's a good way to get into something cheaper or something you can't necessarily afford. The difference in price is usually $3-5K.

Did you check out the car in question? Your thoughts?