Dallas C43 ForSale
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MBWorld Fanatic!
Joined: Jul 2007
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From: Dallas, Texas
W203 C55 and SAAB 9-3 2.0T
Dallas C43 ForSale
http://dallas.craigslist.org/dal/cto/2106440251.html
Not a bad price for the mileage but salvage title. Yikes.
Not a bad price for the mileage but salvage title. Yikes.
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Joined: Feb 2006
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I assume it's bad when a car is marked salvage?
What's the reason if a car gets this title in the US?
Was is a flood victim, collision car or what?
Such things like salvage titles doesn't appear in my country.
Either car gets fixed or is scrapped by the insurance company, that's it!
Only info is if I call the insurance company and they can say if there was any history with the car.
What's the reason if a car gets this title in the US?
Was is a flood victim, collision car or what?
Such things like salvage titles doesn't appear in my country.
Either car gets fixed or is scrapped by the insurance company, that's it!
Only info is if I call the insurance company and they can say if there was any history with the car.
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Joined: Apr 2005
Posts: 3,784
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From: SCV SoCal
2002 CLK430
In the US, insurance companies total a car when the repairs exceed what they feel the value is worth. Bust the rear window on a 944 Turbo and it may get totaled. At that point, it's a salvage vehicle. On the other hand, I know someone who's Lexus got $30K+ in accident damage. The car was valued at over $50K, so the insurance company repaired it. After the repairs, my friend sold it. The title was clean, but I have serious doubts the car was 100%.
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Joined: Apr 2010
Posts: 173
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From: Seattle
1996 C36 AMG, 1970 LeMans Sport, a truck
Salvage is salvage regardless of reason. I like how it was listed as "small damage" and it's a branded title (the biggest issue) and he STILL wants $7200. Even if the car was keyed and they totaled it due to repaint costs I wouldn't pay him anywhere close to that for a branded title car.
He's on crack.
rjp
EDIT: I would love to collect on my car for something stupid- get it totaled, buy it back, repair it and then stick it on CL for full value. I'd be killin it profit wise.
rjp
He's on crack.
rjp
EDIT: I would love to collect on my car for something stupid- get it totaled, buy it back, repair it and then stick it on CL for full value. I'd be killin it profit wise.
rjp
Last edited by RANDY_P; Dec 30, 2010 at 12:22 PM.
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Joined: Feb 2006
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In the US, insurance companies total a car when the repairs exceed what they feel the value is worth. Bust the rear window on a 944 Turbo and it may get totaled. At that point, it's a salvage vehicle. On the other hand, I know someone who's Lexus got $30K+ in accident damage. The car was valued at over $50K, so the insurance company repaired it. After the repairs, my friend sold it. The title was clean, but I have serious doubts the car was 100%.
in my country, if a car gets crashed by the owner, he can get a repair fee from the company if he decides to fix the car him self, but that means dude should be a trained mechanic to make it roadworthy again.
however we don't have any SALVAGE titles showing on paper before buying a used car, must call last owners insurance company to check all details.
so this must be one of many great consumer laws/rights for a buyer in America when hunting for a used car knowing its' marked or not being marked with a salvage title.
Gotta love America thinking about peoples consumer rights!
You are pampered with great rights and consumer protection laws.
Consumer protection rights are not so strong in europe compared to USA.
Senior Member
Joined: Aug 2007
Posts: 344
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From: Los Angeles, CA
w202
$7200 is way too much for a salvage... there's a clean titled c43 for $6000 in los angeles and also a salvage for a $5000 and i bet both are negotiable...
branded title means nothing: just know how to completely check a car when you're buying it
Everyone is scared of salvage... i've seen salvaged cars in very good condition and clean titled cars being total crap. You can fix a crashed car without being salvaged in the end, so even if you buy a used clean titled car it doesn't mean that it wasn't in an accident before.
branded title means nothing: just know how to completely check a car when you're buying it
Everyone is scared of salvage... i've seen salvaged cars in very good condition and clean titled cars being total crap. You can fix a crashed car without being salvaged in the end, so even if you buy a used clean titled car it doesn't mean that it wasn't in an accident before.
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Joined: Apr 2010
Posts: 173
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From: Seattle
1996 C36 AMG, 1970 LeMans Sport, a truck
The thing about a salvaged car is you will NEVER have enough time to determine if its been properly repaired before buying it or how many bugs it has in it. Most the time reconstructed cars are done in people's garages and DIY that sort of thing and are never repaired as they should be anyhow.
A high end car that got punched and not salvaged will usually be fixed to a higher standard - since the bill is covered by insurance, done in a shop that usually warrants the work and the goal is to have a correctly repaired cars VS. a totaled out car that the owner tried to buy back and fix-in his garage, on a budget and the goal is to have a car that just "looks" fixed.
Every single person I know who has purchased a salvage has had some hidden issue whether it's poor paint that gets crappy in a year, panels that dont fit right (car looks like a Picasso) funny tire wear, noises, random electrical problems, etc. etc. come back and bite them in the ***, all kinds of garbage.
Not to mention what happens if you get nailed in it again - next time it may fold a lot quicker than it should...
A salvage newer car has a voided warranty, next to impossible to finance, harder to insure, definitely harder to sell but cheap to obtain - unless you get it at a price cheap enough that you won't kill yourself if it turns out to be a turd car it's simply not worth the hassle.
Ya i know, non salvaged cars can be the same way but there is recourse a lot of times and you can dump it a lot easier if it's clean titled.
My point is, if you're smart enough to know a good car why waste your $$$ on one branded as wrecked?
rjp
A high end car that got punched and not salvaged will usually be fixed to a higher standard - since the bill is covered by insurance, done in a shop that usually warrants the work and the goal is to have a correctly repaired cars VS. a totaled out car that the owner tried to buy back and fix-in his garage, on a budget and the goal is to have a car that just "looks" fixed.
Every single person I know who has purchased a salvage has had some hidden issue whether it's poor paint that gets crappy in a year, panels that dont fit right (car looks like a Picasso) funny tire wear, noises, random electrical problems, etc. etc. come back and bite them in the ***, all kinds of garbage.
Not to mention what happens if you get nailed in it again - next time it may fold a lot quicker than it should...
A salvage newer car has a voided warranty, next to impossible to finance, harder to insure, definitely harder to sell but cheap to obtain - unless you get it at a price cheap enough that you won't kill yourself if it turns out to be a turd car it's simply not worth the hassle.
Ya i know, non salvaged cars can be the same way but there is recourse a lot of times and you can dump it a lot easier if it's clean titled.
My point is, if you're smart enough to know a good car why waste your $$$ on one branded as wrecked?
rjp
Last edited by RANDY_P; Dec 31, 2010 at 01:50 AM.
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Senior Member
Joined: Sep 2010
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From: Culver City, California
1999 C43 AMG
Salvage means in the insurance claims that the vehicle has repairs beyond the cars pre accident value (75%-85%). If's KBB says $10,000 and repairs are at $8,000, plus the supplemental $X,XXX, it gets totaled. We had a 2005 SL 55 and the Insurance total it since it had 2 bent frame rails, but the customer wanted to repair it. Repairs were around $25,000 - $35,000 depending on labor / parts. So We gave an estimate and the guy had taken the car since he didn't have enough to save it and not to total it. Also stolen cars get salvage titles since replacement parts (NEW OEM) exceed cars value.
Member
Joined: Apr 2010
Posts: 173
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From: Seattle
1996 C36 AMG, 1970 LeMans Sport, a truck
Salvage means in the insurance claims that the vehicle has repairs beyond the cars pre accident value (75%-85%). If's KBB says $10,000 and repairs are at $8,000, plus the supplemental $X,XXX, it gets totaled. We had a 2005 SL 55 and the Insurance total it since it had 2 bent frame rails, but the customer wanted to repair it. Repairs were around $25,000 - $35,000 depending on labor / parts. So We gave an estimate and the guy had taken the car since he didn't have enough to save it and not to total it. Also stolen cars get salvage titles since replacement parts (NEW OEM) exceed cars value.
Probably had a huge note / loan on the car and he's humpty in it. Why would you save it? It's not like that car is unique or rare...
Had he been right side up in car value he could have totaled it out and bought another no problem.
If the ins. co totals it he has to cough up the remainder of the cash to pay off note and he still has NO CAR.
I hope he had gap coverage...
rjp
Thread Starter
MBWorld Fanatic!
Joined: Jul 2007
Posts: 1,490
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From: Dallas, Texas
W203 C55 and SAAB 9-3 2.0T
If you don't get Gap insureance on a finianced German car, your an idiot. Not to sound harsh but COME on?! It was only around $2 more a month on every loan I've ever taken out. Worth it too because its already paid for its self on one car.
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Joined: Apr 2010
Posts: 173
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From: Seattle
1996 C36 AMG, 1970 LeMans Sport, a truck
.....as evidenced by Tony's customer. The only reason any dude would want to repair that thing is he has no choice. If it's financed, the ins. co will make the check out to the bank- not the owner. Then, they will drop coverage on the car since it doesn't exist anymore and then the bank will force him to pay the difference since they have no more collateral.
Owner has to make big payments and now has no car.
Man, that would suck ***. Better just to finance a new one and then stop payments on the dead one.
(did I just say that aloud? OOPS!)
rjp
Member
Joined: Apr 2010
Posts: 173
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From: Seattle
1996 C36 AMG, 1970 LeMans Sport, a truck
Oh, and back on topic- if the car had been a salvage title car the ins. adjuster might give you a cup of coffee for it.
You have basically wasted your money at that point. Ins. co doesn't pay for cars that are reconstructed.
You have basically wasted your money at that point. Ins. co doesn't pay for cars that are reconstructed.
