2006 Evo, Salvage title
Okay if you buy this car for say 13-15K and two months later you total the car, how much will the insurance company pay you?
Will they give you the regular wholesale money for the car?
What or how do they judge a loss on a salvage title car?
Will they give you the regular wholesale money for the car?
What or how do they judge a loss on a salvage title car?
The real question is how was an ALMOST new evo worth near 29k get totaled and declared as salvage if only a few itemswere stolen. All the parts could only have cost 5 - 10 k. This would still not cause it to become salvage. Perhaps ANY theft recovery automatically becomes salvage?
The. real question is how was an ALMOST new evo worth near 29k get totaled and declared as salvage if only a few itemswere stolen. All the parts could only have cost 5 - 10 k. This would still not cause it to become salvage. Perhaps ANY theft recovery automatically becomes salvage?
So after repairs he should only sell it for his cost about 15-16K no?
I say find a car with clean title, maybe after one year your tired and want to sell, then what? Its still a Salvage title at the end.
Salvage title= loss in value no matter what car it is.
Last edited by DRAGHICI; Oct 11, 2008 at 05:24 AM.
start low and go from there, as long as he is cool but 12000 or even 15000 really is really really low, I mean we are talking about an evo9, I would say its worth about 18000 easy
I'd pay 18k max for this car.
If the mileage is accurate and the car was broken into and not actually stolen it'd be a pretty good deal.
It's funny to hear some of the people on the board who think that their "used" evos are in any better shape than a salvaged car
If the mileage is accurate and the car was broken into and not actually stolen it'd be a pretty good deal.
It's funny to hear some of the people on the board who think that their "used" evos are in any better shape than a salvaged car
If it was me buying this car i wouldnt go over 10-12K and plus you cant be sure if it is exactly striaght and how tires and all will wear on vehicle....take the chance if you want but good luck hope it works out
Bear in mind that salvage titles work differently from state to state. Even if the car is put back together and issued a reconstructed title, if it's later sold to someone in another state it would have to pass another certification to be issued a reconstructed title in that state. Some states are stricter than others, this is part of the reason why alot of people won't touch a car like this even at a steal of a price.
Bear in mind that salvage titles work differently from state to state. Even if the car is put back together and issued a reconstructed title, if it's later sold to someone in another state it would have to pass another certification to be issued a reconstructed title in that state. Some states are stricter than others, this is part of the reason why alot of people won't touch a car like this even at a steal of a price.
(Family owns a salvage dealer)
insurance company would pay out full amount regardless if it was salvaged or not. i bought a salvaged yamaha R1 with salvaged title, got in an accident(fairing damage) again and it was salvaged again and insurance company paid me full price for wat it was worth



