Salvage title, seriously wtf

[ClassiE30]

depends on the car. some cars that sell at barrett jackson have rebuilt titles, but restored using all factory original parts.

It all depends on the situation. I'm not gonna buy a 2015 bmw with a salvage title because you need significant damage to total out a new car. An e30 is worth $2k to an insurance company will pretty much total out the car with very little damage.

I've seen rebuilt title cars fixed very nicely like my old TT. I've also seen very clean title cars look like utter garbage with tweaked frame rails like my first e30.

A rebuilt title is certainly going to knock down the value of a car, but when average e30s cost 4-5, you aren't going to see much difference between clean and rebuilt titles.

When some are asking 7-10k and idiots are paying....

Well then mine is 20k then

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[slammin.e28]

You can "wash" a title.

[Andy.B]

Your comments are confusing. First you talk about "shoddily repair on a 25+ year old" ; I inspect the vehicles I buy thoroughly and it starts with the Title.

The only way salvage title is ok...is maybe a gutted track car. And that's saying it's one of those it was only a small nick which totaled it.

I AM VERY SMART!

[ClassiE30]

You can "wash" a title.

OK. You can do lots of shady things. But my point stands.

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[AWDBOB]

Funny how many people will jump on the "he cant afford it train."

But thanks for trying to understanding me.

You're welcome for trying to understanding you, but

'affording it' wasn't my thought there, it's wanting something and mentally establishing the value it is worth to you. All of us enthusiasts do it all the time, with cars in their entirety as well as individual parts. It's what causes us to buy one thing over another, etc. We all 'want' to get authentic 16" RS', but many of us settle for style 5s or the like, because the want doesn't line up with the value we innately associate with that specific part/car.

The value you have previously associated with a clean e30 is $1900 or whatever you paid before has significantly changed.

That is what I was referring to.

[jeffnhiscars]

I bought my 1st e30 in 1998 and about 3 years ago it got hit In the front left corner. Snapped the tie rod, bent the strut and control arm and of course killed that fender. I received an insurance check for $3000 plus kept the car with a now branded title.

I did the mechanicals myself then took it to a body shop. After removing the lower valance it turns out the rad support was badly damaged from before my ownership so we replaced that, repainted much of the car and in the end, it was better structurally and WAY better cosmetically. I sold it 2 years ago for $4k...and it was a 318i M10 with 215k as a salvage car

Some people won't buy a salvage car others don't care. Does it effect value ? Depends on the day..obviously

[ClassiE30]

Only partially due to inflation. The price increases are more readily attributed to the rise in popularity of the chassis combined with the dwindling supplies of unmolested examples.

And cost of living expenses has soared, which means goods like vehicles now cost more. 10 years ago there were a plethora of decent cars for under 1k on the used car market, now that number is at least 3k.

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[dnguyen1963]

Why all the rants? If you don't like a particular car...walk away. Seller will set a price and hope for the right buyer.

[Poopie]

When some are asking 7-10k and idiots are paying....

Well then mine is 20k then

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Where are these 7-10k salvage title cars. I can't remember any. Most sorted 24v swaps with clean titles sell in that range. I will agree with you that if you buy a rebuilt title car at this price, you are a sucker.

If you want to rant about something, show us an example. Or else everyone is just arguing their side.

As a general rule of thumb - yes rebuilt titled cars should be avoided.

[ClassiE30]

Where are these 7-10k salvage title cars. I can't remember any. Most sorted 24v swaps with clean titles sell in that range. I will agree with you that if you buy a rebuilt title car at this price, you are a sucker.

If you want to rant about something, show us an example. Or else everyone is just arguing their side.

As a general rule of thumb - yes rebuilt titled cars should be avoided.

Shit there is one on here for 7k. You can find it easily.

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[ClassiE30]

Where are these 7-10k salvage title cars. I can't remember any. Most sorted 24v swaps with clean titles sell in that range. I will agree with you that if you buy a rebuilt title car at this price, you are a sucker.

If you want to rant about something, show us an example. Or else everyone is just arguing their side.

As a general rule of thumb - yes rebuilt titled cars should be avoided.

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

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[ak-]

Well not me. I remember having one 11 years ago and how fun it was (even if it was an es), so I bought another. This time an I.

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Oh so you're 12.

Thread makes sense.




:D

[ahrensNW]

What an asshole.

[ClassiE30]

Oh so you're 12.

Thread makes sense.




:D

Sir, I don't know what you think but it's irrelevant what my age is. Clearly, discussions elude you.

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[Vivek]

Octane makes a difference, yet this is not the topic of my thread. So moot point. I see you trying to dissect my logic, usually means you have no real argument for discussion.




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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?