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$11.5k is way too much for salvage title (archive)

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Posted by ptdaniel on August 28, 2001 at 10:04:04:

In Reply to: what year? 11.5k posted by ChrisT in portland on August 27, 2001 at 23:02:08:

Its Red/Beige. Car runs strong, everything works.... 111,xxx miles ... The only downfall is it has a salvaged title due to bumper and fender damage, but everything is fixed. how much do you guys think my car can sell for?

I continue to be amazed at the salvage title cars that people try to say had 'only this and that damage' (implying minor repairs). Let's remember: a car won't go salvage title unless the insurance company thought the cost of the repair would be *more* than the car was worth at the time of the accident!

In any case, a salvage title, imho, cuts the value by half -- at least. I'd say $7k for your car.

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