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Old 02-25-2009, 05:37 PM   #1
LMS
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Default Salvage Z06

Anyone see the salvage '06 Z06 w/ 6K miles on the auction site for $26,000?

Deal or No Deal?
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Old 02-25-2009, 06:44 PM   #2
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These things are usually scams of some sort.
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Old 02-25-2009, 07:55 PM   #3
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If the one youre talking about is a silver Z, I saw that car too. It seems pretty risky to buy a car like that without being able to really look it over before making a bid. From what I could see from the pictures though it didn't look like the structure of the car itself was hurt too badly, it looked as though the damage was pretty much just bumper, fenders and probably the hood. I just dont have the knowlege or experience to say for sure. If the car had a salvage title and based on the value, cost of repairs and asking price I would guess there are more extensive damages that just can't be seen from the photos.
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Old 02-25-2009, 08:52 PM   #4
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If someone knows someone with a body shop to repair the frame.... it seems like it could be repaired fairly reasonably, especially if one were to use fiberglass aftermarket fenders.

The dash and passenger side air bag intact....that's a plus.
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Old 02-26-2009, 11:15 AM   #5
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If you are making it into a dedicated track car-pursue it-
If for regular street use/transportation I would look for a non salvage vehicle- just to many unknowns and the salvage on the title will cost you dearly at selling time...
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Old 02-26-2009, 12:35 PM   #6
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Quote:
Originally Posted by zcobra1 View Post
If you are making it into a dedicated track car-pursue it-
If for regular street use/transportation I would look for a non salvage vehicle- just to many unknowns and the salvage on the title will cost you dearly at selling time...
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Old 02-26-2009, 12:58 PM   #7
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Quote:
Originally Posted by zcobra1 View Post
If you are making it into a dedicated track car-pursue it-
If for regular street use/transportation I would look for a non salvage vehicle- just to many unknowns and the salvage on the title will cost you dearly at selling time...
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Old 02-26-2009, 02:11 PM   #8
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Quote:
Originally Posted by zcobra1 View Post
If you are making it into a dedicated track car-pursue it-
If for regular street use/transportation I would look for a non salvage vehicle- just to many unknowns and the salvage on the title will cost you dearly at selling time...
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Old 02-26-2009, 02:38 PM   #9
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for the money it is worth a second look
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Old 02-26-2009, 07:37 PM   #10
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If you can get it at the right price it might be a good deal. Most salvage cars sell at a price that makes it difficult to repair them and come out a price that is less than what you would pay if you just went to a dealer and bought a good used car.

If (that is a very big if) you can buy at a reasonable price then you should be able to make it into a correct streetable car at a price that already takes into account any lowered resale value that you would get due to the salvage title.

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Old 02-26-2009, 08:06 PM   #11
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Quote:
Originally Posted by zcobra1 View Post
If you are making it into a dedicated track car-pursue it-
If for regular street use/transportation I would look for a non salvage vehicle- just to many unknowns and the salvage on the title will cost you dearly at selling time...
The extent of the frame damage and the cost of repairing the frame should be the number one concern. If anyone does in fact have the ability to repair the frame damage for the right price....I would say go for it. If your planning to purchase this vette to collect or re-sell for a profit.....this is not the one. If you want a 6000 mile Z06 to drive and enjoy....this may be the one. The car is worth less than a clear title Z06 (apparantly $20K plus less) but it will likely depreciate at the same rate as the clear title one (if a clear title car depreciates 10K more in a few years the salvage car will likely be worth 16K plus repairs in the same time frame).
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Old 02-26-2009, 08:22 PM   #12
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Dont make the mistake i did, i purchased my C6 for 12,500 and it was only suppose to have minor problems. I ended up having to change the tranny from a cracked housing and its got CRAZY electrical issues now.
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Old 02-26-2009, 09:58 PM   #13
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I have a 07 Z06 loaded 8,800 miles with a salvage title i am rebuilding. It had minor damage and is just about finished. Very nice car!
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Old 02-26-2009, 10:08 PM   #14
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Quote:
Originally Posted by vetteride4u View Post
I have a 07 Z06 loaded 8,800 miles with a salvage title i am rebuilding. It had minor damage and is just about finished. Very nice car!
Just wondering...it had a salvage title with minor damage. I would think the insurance company would pay to have the minor damage fixed. Only makes money sense.
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Old 02-26-2009, 10:37 PM   #15
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It looked worse than it was.
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Old 02-26-2009, 10:50 PM   #16
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We have a shop in Tampa, Fl that does spectucular jobs on salvage/rebuild Vettes. They recently rebuilt a LMB Z06 and it didn't stay on the showroom floor for long.
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Old 02-26-2009, 10:50 PM
 
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