I've got an 88 325iS that I purchased and a 91 325i that I am trying to sell. The one I am selling has a salvaged title. The 88 has a rear quarter panel dent that if I were to have a shop repair it through insurance, would also be considered salvaged. Estimate for repair on the 88 is $1800 which is more than half the KBB retail value. If you took a good look at my 88, you could visibly tell that the damage was not substantial and in no way would have affected the integrity of the frame. The 91 had similar damage and has been repaired but has the salvaged title. The 88 still has a clean title and has not been repaired. You may be able to see the rear quarter panel dent in the attached pic. Which has better value?
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Why is Salvaged Title BMW e30 an Issue?
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Salvage title means the vehicle has more monetary damage than half of its value according to the insurance company. Instead of repairing said vehicle insurance totals it out and gives you the money.
To the enthusiast, and almost anyone interested in an E30 this means nothing in terms of value, maybe a couple hundred less for an otherwise perfect car. Certain states however will not let you register a salvage title vehicle.
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Some states require you to inspect the vehicle every time you try and title (like Georgia) it. EVERYTIME it changes hands. I had extra pains due to it being an out-of-state salvage. It's a HORRIBLE pain in the arse. I wanted to shoot myself and a few other people trying to get my car put in my name. It was about a year's worth of hassle. So.. Check your states laws on that one.
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Originally posted by dillsnick View PostSome states require you to inspect the vehicle every time you try and title (like Georgia) it. EVERYTIME it changes hands. I had extra pains due to it being an out-of-state salvage. It's a HORRIBLE pain in the arse. I wanted to shoot myself and a few other people trying to get my car put in my name. It was about a year's worth of hassle. So.. Check your states laws on that one.
That is a beautiful car. Is it BrillianRot? Do you have a build thread?
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Originally posted by BeLzEbUb58 View PostDillsnick,
That is a beautiful car. Is it BrillianRot? Do you have a build thread?
It is.. No real build thread, but a few updates along the way.
Cheers
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salvage titles are a real pain when it comes to getting the car registered because it has to get inspected every time. it took me 4 tries to get my integra registered a few years back, the failed me once for missing the door molding, and then cause the windows didn't wind up fast enough..lol. and you have to tow the car to dmv.."I came into this world, not chiefly to make this a good place to live in, but to live in it, be it good or bad" -Henry Thoreau-
1991 318is - the cruiser
1989 325i - the rats nest
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Originally posted by e304me View Postbecause you never know what happened and how well it was fixed
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Originally posted by mrmckie View Postsalvage titles are a real pain when it comes to getting the car registered because it has to get inspected every time. it took me 4 tries to get my integra registered a few years back, the failed me once for missing the door molding, and then cause the windows didn't wind up fast enough..lol. and you have to tow the car to dmv..sigpic
HyperWerkz
89 mtech2, s50, AR Kit, borgwarner s362, e-85, 15psi...592whp
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