Salvage title, seriously wtf

[ClassiE30]

No dude. A salvage title e30 is not a "worthless piece of metal" and your argument is just a rant with little logic trying to project a holier-than-thou attitude with the father thing. A car is a car, not a piece of paper.

And trying to attribute the rise in e30 prices to inflation and cost of living? Come on.

Have you ever considered that a punctured plastic bumper may total an e30 and not an e92? Ff they both sustained identical damage and were repaired identically but the e30 received a salvage title due to having a lower initial value...what's your argument now?

Go look at the car market as a whole, a Salvage title car is not worth the money of a clean title car.

All arguing otherwise, needed to be taught that.

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[Poopie]

http://www.r3vlimited.com/board/showthread.php?t=388344

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Thats a pretty nice car for 7k and i'm sure there is wiggle room. Its worth more than that with a clean title. The seller is already realistic and taking a hit on the price.

[ClassiE30]

What an asshole.

I get it everyday. It's cause I mean it.

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[ClassiE30]

...well, it does reduce resale and 'collectability', but given how a busted plastic bumper
will lead the insurance industry to salvage your E30, it doesn't exactly mean that
the car's not still a car...

but your point's well- taken about the hipsters. Damn, they don't maintain their cars
for shit. And spend a lot of money on it in the process, and then think the thing's still
worth something.

I've learned to question a lot of what my dad said. He was often right. But he was often drunk, too...

t

Thanks!

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[rcsoundn1]

no one cares duude

[Moose King]

Sorry to feed this beast of a thread....but what in the actual hell is happening?

Most random ass topic/thing I've read in a long time. Sense zero makes.

[jeffnhiscars]

Go look at the car market as a whole, a Salvage title car is not worth the money of a clean title car.

All arguing otherwise, needed to be taught that.

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This is not the "car market as a whole"

This thread should be shut down

[ClassiE30]

This is not the "car market as a whole"

This thread should be shut down

Yes, that is why I ask all of you to open your eyes. Please comment if you have something to contribute. If not your a troll.

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[ClassiE30]

no one cares duude

Yet you care enough to write something dull.

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[nando]

A "salvage" car is mostly all accounting shenanigans. It really has nothing to do with the structural integrity, safety, or value of the car. Especially as the cars age - it will matter less and less. It would be hard for a salvage title car to go for concours prices, sure. But look at late 60's early 70's mopars. You could have one that was hit by a train, welded back together properly, and it would still be worth $100k.

as far as "clean" E30s being plentiful, what's your definition of clean? I hardly see E30s at all now, and the ones I do see are basically rolling parts cars - no salvage title or not, I'd rather have my E30 that was properly repaired than a "clean title" piece of shit.

You could literally "total" an average E30 by sitting on the hood or getting a dent in the fender. While a 2016 model car requires significant damage that would definitely alter the safety/integrity and value of the car. The only thing that would truly destroy an E30 IMO is flood damage, especially if it's saltwater.

[ClassiE30]

From KBB : Most salvage title cars are priced at least 5 percent below market, which seems like a good deal. But in most cases the true value is much, much less. Consumer Reports calculates that a salvage-title car is worth 50 percent of its Kelley Blue Book value, at best.

KBB is a trusted source. But y'all still will argue.

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[slammin.e28]

This brings me to a question:

State Assigned VIN Numbers.

WTF happened there? Looked at a Miata that had a MD state assigned VIN and the VIN was removed or distorted everywhere else. I've seen that on VA cars as well.

Title made no mention of anything special when eyeballed.

[ThatOneEuroE30]

Lmfao these cars are so old man, it takes nothing for the insurance company to slap salvage title on a car. Also as long as the car was fixed properly why is there a problem? Also if the car was in a collision when it was newer it would likely not get salvaged so you can buy a clean title and have one that was still hit at some point.

[ClassiE30]

A "salvage" car is mostly all accounting shenanigans. It really has nothing to do with the structural integrity, safety, or value of the car. Especially as the cars age - it will matter less and less. It would be hard for a salvage title car to go for concours prices, sure. But look at late 60's early 70's mopars. You could have one that was hit by a train, welded back together properly, and it would still be worth $100k.

as far as "clean" E30s being plentiful, what's your definition of clean? I hardly see E30s at all now, and the ones I do see are basically rolling parts cars - no salvage title or not, I'd rather have my E30 that was properly repaired than a "clean title" piece of shit.

You could literally "total" an average E30 by sitting on the hood or getting a dent in the fender. While a 2016 model car requires significant damage that would definitely alter the safety/integrity and value of the car. The only thing that would truly destroy an E30 IMO is flood damage, especially if it's saltwater.

I did not say "plentiful"....I said "not scarce". But go ahead; that's how much attention you pay while a discussion is in progress. Bet you'll buy one hell of a clean salvage title car.

And now a "clean title" is regarded as a piece of shit! Damn you're stupid.

Rolf.

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[Vivek]

From KBB : Most salvage title cars are priced at least 5 percent below market, which seems like a good deal. But in most cases the true value is much, much less. Consumer Reports calculates that a salvage-title car is worth 50 percent of its Kelley Blue Book value, at best.

KBB is a trusted source. But y'all still will argue.

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It's a trusted source (thanks for the edit) but a worthless point (in regard to e30's and buyers who are more educated than the average KBB reader). Prices/values are based on peoples' perceptions which are often not based in logic. You have to look at the car individually to say anything about its value and then make a determination for yourself if it is worth it. Not bitch aimlessly on a forum when clearly no one agrees with you.