What do you guys think is a fair price for this one? It's a salvage title, but otherwise appears to be quite nice:
http://sfbay.craigslist.org/nby/cto/5637521291.html
That's actually a member's car. It's OtterEffect's car, his for sale ad is here:
http://www.zhpmafia.com/forums/showt...it-a-new-home-)
Indeed. It isn't clear from this thread what the consensus is on salvaged titles. I imagine it lowers the value, but not sure by how much. Any thoughts on that?
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I wouldn't. I think the consensus is that if you have the means or resources to use it as a "spare" vehicle in an otherwise off-road use then it's fine, but as a DD or family hauler...keep looking for a clean title. Member's car or not. You don't want to have to deal with this whole thing when it comes time to sell down the line.
http://www.edmunds.com/car-buying/wh...e-vehicle.html
http://thegarage.jalopnik.com/why-yo...cle-1653320003
Current:
1988 BMW 325is
1996 Toyota Land Cruiser FZJ80 x3 Locked - Restoration/Project Thread on ih8mud.com
Sold:
"Scarlett" the 2005 BMW 330i ZHP 6MT - Project/Maintenance Thread
2011 BMW M3 E92 6MT - Info/Maintenance Thread
I'd normally agree with you, Daniel, because salvaged titles can be such a can of worms. In this case though, according to the build thread from Dario, it was salvaged due to a fire with the LCM? So while it's not ideal, it's better than flood/theft/accident damage.
@cjares, if you like the, I would contact Dario and/or OtterEffect to discuss the extent of the fire and the damage. What's the worst that could happen? You find out it's too questionable and you can walk away. And unfortunately, Daniel is right, you will have trouble recouping your costs down the line if you plan to sell it because of that salvaged title.