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Price Value Opinions Worth? 02 Coupe M6 Rebuilt Title

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Old 04-30-2016, 03:32 PM
  #21  
f6john
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Originally Posted by Studying4boards
Mods do not equate to more $$$. Maybe even less $$$. The FRC is a 99 (3 years older). Some parts on 99 are NLA. The 99 FRC has 3X more miles. 2002 was a much better year, and updated.
Mods do equate to more $$$ to the right buyer. I know I am biased but a FRC car is worth more than a coupe (to me and many others but not everyone). Some parts for a 2002 are NLA. Everyone says miles are not a big issue even though the 99 has 3X more miles has a good title, how much is that worth? 2002 had some upgrades but a much better year, debatable.

I am not trying to be argumentative, just offering a different perspective. I don't think the car in question is worth the money with a salvage title but I imagine there is a price that would be fair for both parties. I don't automatically discard a salvage title car if It's a desirable car to me and the price is right for me. I almost bought a salvage title 99 Nassau Blue FRC for $13k but someone else scooped it up before I could make the trip to see it in person.


So one has to ask oneself, What else can I find for the same dollars as I can buy the car in question. A 02 low mile coupe that was wet at one time and has a salvage title for X dollars or for instance the 99 FRC in the other thread (or any other C5) for X +or - a few dollars. Food for thought.
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Old 04-30-2016, 05:39 PM
  #22  
SaxyVette
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Check local craigslist everyday, many good deals you can score for 10K ..Face it,no one wants a salvage car.
Old 04-30-2016, 09:10 PM
  #23  
Bleachcola
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That price is way too high for a flood title

I could get a 04 supercharged c5 for 16k (in Chicago area)

Just look for higher mileage older c5s, I picked up a black 98 last summer for 9500.00 with 75k miles, no issues

Not a perfect show car but it's ok I can treat it like a Camaro and not care

IMO flood sometimes is troublesome, had a ls1 camaro that sucked up water and hydro locked the motor, few hours later the water got higher and entered the inside a few inches, insurance totaled it, I wouldn't want anything to do with it based just on how nasty the flood water was... The smell...

Another time I had a Cadillac, was a Katrina car, seems alright, expect in the winters the inside of the Windows would ice up , literally had to use a scrapper on the inside of all the windows and shave ice all over the leather and dash.. I guess that car never really dried out..

Last edited by Bleachcola; 04-30-2016 at 09:11 PM.
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Old 05-01-2016, 12:17 PM
  #24  
hanick
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Hypothetical: 2002 40k miles rebuilt flooded title (ten years old) v 1999 100k clean title. '99 showing age in paint and interior but otherwise egual. Both cars same price. Are you folks saying it is a no brainer? Get the '99.
Old 05-01-2016, 02:47 PM
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Studying4boards
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Originally Posted by hanick
Hypothetical: 2002 40k miles rebuilt flooded title (ten years old) v 1999 100k clean title. '99 showing age in paint and interior but otherwise egual. Both cars same price. Are you folks saying it is a no brainer? Get the '99.
I would not get into the earlier models at this time unless it was mint mint mint and had a complete service history. But I wouldn't limit my search to these 2 cars. I would want a 2001-2004.

On the other hand, if the flooded one checked out, it will take years and years to put another 60K miles on that car so the depreciation hit may be worth it to some.

No easy answer. Just have $2-3K in a separate account for unforeseen repairs in addition to your max budget. This is a must.





.

Last edited by Studying4boards; 05-01-2016 at 02:49 PM.
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