3BNick

That is the idea! I have zero regrets on my purchase and would do it again in a heartbeat. It would be an absolute first to have a well over 500whp E55 for under 20k total investment.

On the flip side, I have seen good people get absolutely screwed buying a salvage title car that didn't have or were not aware of different services for buyers to have a vehicle inspected by professionals. I'm fortunate that I have the knowledge to be able to know what to look for when checking over a vehicle to ensure frame/structure integrity and to see what may have been replaced/cut/pulled/sprayed and judge if the car would be worth the time or to move on.

StockC43, That is pretty damn ugly! Was there any recourse for the buyer or were they completely screwed?

dllhg

[quote=60nomad;5592486]Well again it depends on the reason for salvage. A car with 20K damage in a wreck VS one that had 20K in cosmetic damage are very very different. I found a couple other "deals" but when I looked them up they had water damage for the salvage. One was a Loaded 2004 with 79K miles for $14K so its price was in line for a salvage but the water damage scared me off in a hurry. Dealers all had 04-05s with high miles for a lot more. For me knowing all the mechanics of the car that matter are very low was more important.

There was a guy on Ebay selling his 05 with 50K miles with Salvage for water and had it listed at 18.5K, wouldnt go any lower than 17.5K. Came to find out the odometer had been replaced so the 50K miles may have been much much higher. Very bad deal. People buy Salvage cars all the time. Just like clean title cars some are good deals and some are bad. Just need to be careful lie anything else.

I saved about 5-7K over what the car would have cost me. Like I said a local 2003 sold for about $20K with about 69K miles on it even though it booked at only 13-14. Just happens the amount I saved was exactly what I spent on mods plus install so basically I got all the mods I wanted for free or for the cost have not having perfect cosmetics. It was a good deal for me. I could have paid more but I have always liked getting deals not matter what I buy.

To each is own. I have bought and sold cars for a very long time. I dont get scared off without a good reason. I have personally repaired quite a few salvage cars and flipped them for pretty good money back in the day. some cars should be fixed some shouldn't.

dllhg

Screaming deal. Not a deal anyone else would be able to get though. These cars all fixed up still sell pretty well with bad titles.

stockC43

As far as I know, he was screwed

I would buy a salvage car though depending on the situation. Just some cut leather, no prob, hail damage, no prob

I was actually looking for a 00-02 r129 for a while at the salvage auctions. Cars with very minor damage were going for $2-4k. Not a bad deal I think.

dllhg

Used cars are always sold "as is". There could be water in the engine and it could seize up and you would have no recourse. The only time this changes is if there is an expressed warranty or you can PROVE the seller intentionally lied about it. For instance the seller says the motor is perfect, yet you can find proof from a shop he took it to showing it had water in the motor. Other wise the sky is the limit to the problems a car can have.

60nomad

I personally do not think that this price was even close to in line with the salvage prices and especially for a water damaged BENZ!...3BNick got a great deal especially given the circumstances of the salvage title.

I mentioned earlier that I got my car pretty cheap...well now I really robbed it after hearing these prices but I found mine by accident as mentioned earlier or in some other thread. I stopped looking because I had just had enough of looking at inexpensive cars that were junk or 'decent' cars that were overpriced (63's and 55's). Bottom line is that these cars are the best IMO and as long as 'you're' happy with it then it's great. I'm really glad that I didn't get an E63 honestly and no offense to the E63 guys as they are beautiful cars! I just like the torque and easy modding potential of the E55...oh...and the cost is much easier on my pocket! lol

Enjoy your cars and try not to break them!

Dostovel

The "Presidential" option can no longer be referred to as such. It should henceforth be known as the "Dictator" option.

CcAMG

If anyone local is interested in trading interior trim plus cash let me know asap, it must be done soon before insurance takes the car.

desired_speeds

I think you should remove the trim from the car even if you don't find someone to trade