G35: To buy salvage or to not buy salvage
#1
G35: To buy salvage or to not buy salvage
I'm getting ready to buy a used G35. I've seen a lot of salvage ones for sale and I''m wondering if anyone has experience/tips/suggestions/feedback regarding salvage G35's. I'm considering G35's that need repairs and ones that have been repaired. My intuition and experience says to avoid major front end damage. Thanks, Russ
#5
Join Date: Mar 2011
Location: Central NJ
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I'm getting ready to buy a used G35. I've seen a lot of salvage ones for sale and I''m wondering if anyone has experience/tips/suggestions/feedback regarding salvage G35's. I'm considering G35's that need repairs and ones that have been repaired. My intuition and experience says to avoid major front end damage. Thanks, Russ
Telcoman
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tiguy99 (04-02-2020)
#6
In almost all cases I would say do not buy a salvaged vehicle. I 'might' be ok with a car that has been in a crash and properly repaired, but 95% of the time I would shy away from those too unless it was only a bumper or something like a door skin that was replaced.
Now, if you really know what you're doing you can turn a salvaged vehicle into a nice DD. I think you would need to be very mechanically inclined and able to do your own body work or have good resources for this to be worth the cost.
But know that the car will always be salvaged. Even if you do an excellent job repairing it the salvaged title will prevent you from selling it for anything close to a non-salvaged car of the same condition. And it WILL be a tough sell. If you plan on keeping it for a long time then great, but I think its difficult to flip a repaired car for a profit, unless the seller cheats the salvaged title.
Now, if you really know what you're doing you can turn a salvaged vehicle into a nice DD. I think you would need to be very mechanically inclined and able to do your own body work or have good resources for this to be worth the cost.
But know that the car will always be salvaged. Even if you do an excellent job repairing it the salvaged title will prevent you from selling it for anything close to a non-salvaged car of the same condition. And it WILL be a tough sell. If you plan on keeping it for a long time then great, but I think its difficult to flip a repaired car for a profit, unless the seller cheats the salvaged title.
#7
Some states are different in a lot of aspects, also.
After you fix it, it has to be inspected by state police, then dmv to get a salvage title issued.
Insurance, some companies wont give you insurance on a salvaged vehicle.
Loan, if you need to get a loan, a lot of companies will deny anything with a salvage title.
Resale Value - salvage title is worth HALF of blue book value, even then they're a hard sale.
After you fix it, it has to be inspected by state police, then dmv to get a salvage title issued.
Insurance, some companies wont give you insurance on a salvaged vehicle.
Loan, if you need to get a loan, a lot of companies will deny anything with a salvage title.
Resale Value - salvage title is worth HALF of blue book value, even then they're a hard sale.
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