[subiesailor]

More and more are showing up given the high value prices being put on used cars these days. I always just point out that if a car has a salvage title then the damage far exceeded its value and wasn't worth the trouble for the insurance company.

For a super cheap price and just to have a beater for local stuff might be worth it.

 

[subiesailor]

More and more are showing up given the high value prices being put on used cars these days. I always just point out that if a car has a salvage title then the damage far exceeded its value and wasn't worth the trouble for the insurance company.

For a super cheap price and just to have a beater for local stuff might be worth it.

 

[subiesailor]

Be aware it can be hard to resell it.

If it's an older car, the damage doesn't have to be too extensive to total it. If it's a newer car, then it takes a lot to total it. I think of it this way - If the insurance company thought it was too expensive to fix right, then who fixed it wrong to make it worth reselling?

Tom

What he said ^
Though an old car not worth much to start with the damage could have been very minor in most cases.

 

[subiesailor]

Thanks for the info. Probably won't buy it and I was just curious of what others thought about the subject.

Here is the vehicle that prompted the thread;
Beautiful 2000 Outback Limited Sedan. Hard to Find

LOL the old SUS salvage title and asking full / high value for it HA HA HA HA !!!!!!!!!!!!!

The used car market is stupidly over priced and going higher due to the shortage of used cars caused by the major reduction in leased and rental vehicles dumped on the market during the rough patch in the economy 07-2010. Auction buyers for dealers started to see the really big price bumps in 09 and the prediction was 30% price increase in used car values up through 2013 due to the limited inventory. This is why if you look around you might notice dealers who use to never really deal with used cars now have dozens of them and in some cases have moved the used lot to the front of the lot and the new cars to the side lot. Dealers are making a killing on the used cars given there are no price limits placed on the used cars. Pick up an auction car for $15K wash the dust off and flip it for $25K thats what dealers are doing in CA.

 

[subiesailor]

Money is the root of all evil. No doubt when prices get high enough people will go to great lengths to sell cars that in a normal market would be shipped to China as scrap to make toaster ovens.