Salvage title, seriously wtf

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  • slammin.e28
    replied
    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.

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  • ClassiE30
    replied
    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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  • nando
    replied
    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.

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  • ClassiE30
    replied
    Originally posted by rcsoundn1
    no one cares duude
    Yet you care enough to write something dull.

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  • ClassiE30
    replied
    Originally posted by jeffnhiscars
    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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  • jeffnhiscars
    replied
    Originally posted by ClassiE30
    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

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  • Moose King
    replied
    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.

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  • rcsoundn1
    replied
    no one cares duude

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  • ClassiE30
    replied
    Originally posted by TobyB
    ...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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  • ClassiE30
    replied
    Originally posted by ahrensNW
    What an asshole.
    I get it everyday. It's cause I mean it.

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  • Poopie
    replied
    Originally posted by ClassiE30
    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.

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  • ClassiE30
    replied
    Originally posted by Vivek
    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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  • Vivek
    replied
    Originally posted by ClassiE30
    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.




    Sent from my SM-N920V using Tapatalk
    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?

    Leave a comment:


  • ClassiE30
    replied
    Originally posted by ak-
    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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  • ahrensNW
    replied
    What an asshole.

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