Salvage title

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01-19-2021, 07:01 PM

#21

astrong526

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Thanks fellas I appreciate all of your advice and agree there’s plenty of other low mileage Vettes out there with clean titles I’ve decided to walk away and look for better opportunities thanks again for all of your good advice it’s greatly appreciated.

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01-19-2021, 07:38 PM

#22

Sids04

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Quote:

Originally Posted by 97Vette8531

Correct me if I'm wrong, but I believe that getting full coverage insurance on a salvage (or rebuilt) title car is difficult too. Insurance companies have a hard time with the value of the vehicle once it has already been "totaled".

No trouble at all.. You can't get a bank loan on a car with rebuilt title

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01-19-2021, 08:30 PM

#23

Kvou812

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Quote:

Originally Posted by Sids04

No trouble at all.. You can't get a bank loan on a car with rebuilt title

It can be done. I've had two vehicles with salvage titles....both fully insured and financed with no issues.

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01-19-2021, 08:42 PM

#24

craig1952

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Even if there never was a problem when you sell it the buyers are very limited. Personally I would never buy one.

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01-20-2021, 05:08 AM

#25

miss my Z06

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Dont do it. 1st off they are asking too much, 2nd you really dont know if the car was fixed correctly. When you go to resell, it might be difficult and the value will be tremendously diminished.
You said your paying cash, you can do much better than a salvaged title car.

Last edited by miss my Z06; 01-20-2021 at 05:09 AM.

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01-20-2021, 05:17 AM

#26

miss my Z06

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Quote:

Originally Posted by astrong526

That is smart, keep looking you will find the Vette you want ...

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01-20-2021, 06:20 AM

#27

davidtcpa

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St. Jude Donor '11-'12-'13-'14-'15-'16-'17-'18-'19-'20-'21

If you don’t care about throwing 60k in the trash, do it.

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01-20-2021, 08:29 AM

#28

CraigStu

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Glad you walked. Because of how Corvettes are built, I wouldn't want a salvage. Of course anything can be fixed, but how many body shops are qualified to do a Corvette correctly?

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01-20-2021, 09:12 AM

#29

WDS0855

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I agree with exactly what "miss my Z06" said.

Walt

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01-20-2021, 09:39 AM

#30

Range_Rat

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Would be a great track car at half the price ...

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01-20-2021, 09:40 AM

#31

mittens

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Quote:

Originally Posted by CraigStu

Glad you walked. Because of how Corvettes are built, I wouldn't want a salvage. Of course anything can be fixed, but how many body shops are qualified to do a Corvette correctly?

This always cracks me up.. its a chevy man... there are 1000 of dealers and shops that can fix a corvette.

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01-21-2021, 05:49 PM

#32

miami08VETTE

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Quote:

Originally Posted by astrong526

Best move you could have made! Keep searching and you find what you're looking for! Good Luck!

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01-21-2021, 11:15 PM

#33

Avanti

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Just say "No." Too many others out there. It ended up with that title for a reason.

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01-22-2021, 02:46 AM

#34

Red Devil Z51

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Salvage title means it was severely wrecked beyond what it was worth to repair + the salvage.
I would run away from this car fast as i could run

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01-22-2021, 06:23 AM

#35

gpasvet

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Quote:

Originally Posted by astrong526

Good morning gentlemen I have a question and was hoping you could provide me with some good advice I’ve been thinking about purchasing a 2019 Grand Sport Corvette it has 4K miles the seller is asking 60K. The car has a salvage title due to being in a wreck however the car has been professionally repaired and has passed all state inspections, the car looks and drives perfectly should I move forward with an offer or walk away and if so what do you think is a fair price to offer the seller since the car has been in a wreck and has a salvage title? Thanks in advance for your advice. Just FYI I’m not going to finance this purchase I plan to pay cash.

Some states will not allow you to title a vehicle with a salvage title

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01-22-2021, 06:50 AM

#36

449er

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2023 C6 of the Year Finalist - Unmodified

2022 C6 of the Year Finalist - Unmodified

2021 C6 of the Year Finalist - Unmodified

There are WAY too many garage queens out there to pay 60k for a car with a salvage title

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01-23-2021, 02:47 PM

#37

Zjoe6

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Quote:

Originally Posted by 449er

There are WAY too many garage queens out there to pay 60k for a car with a salvage title

Actually I believe it's the shortage of garage queens which make people even consider a car like this for $60k. It's a sign of the bubble times.

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01-24-2021, 06:10 PM

#38

C7HOORAY

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Avoid that car at any cost. Period!

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01-24-2021, 06:32 PM

#39

JD'S WHITE 93

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I wouldn’t buy it, no way no how. The car was deemed a total loss for a reason. It should’ve become a parts car. It’s value 5 years later will be much worse. I don’t care who inspects it you can’t see behind panels to see what butchery has taken place.