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Originally Posted by 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.
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Did you check out the car in question? Your thoughts?