Salvage title
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Instructor
Joined: Jan 2008
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From: TWIN LAKES WI
Salvage title
I'm usually on the c3 forum because i have a 73. I really like the 03 z06 corvettes and was looking around to buy one. I only have about 20k to spend and i was looking at some water salvage cars is it worth the chance or just stay clear of these cars ? Thanks
Le Mans Master
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From: Communist Colorado
here she is...
Last edited by 81c3; Jan 24, 2009 at 09:38 AM. Reason: add pic
Le Mans Master
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From: Waldorf MD
I agree, you have enough $ to buy a good C5. Oxidation of the electrical parts and connectors can cause serious and expensive problems for years! There is a reason insurance companies total a flood/water damaged car !
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No way would I want to take a chance on a water damaged car - too many electrical problems can pop up. There are lots of C5s out there for sale that do not have such a history and good deals can be had.
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Melting Slicks
Joined: Jun 2007
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From: Paducah Kentucky
and you said you had about $20000 to spend so a salvage car is the last thing I would buy.
Drifting
Joined: Oct 2006
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From: San Diego CA
A water salvage car can be a deal..... but first MAKE SURE:
That they replaced the computers....Oh yeah, and all the sensors.... And of course all the electrical connectors.... Any electrical switch should be replaced.... Since insulated wire wicks moisture, make sure any wiring has been replaced..... Check to ensure any bulb or light (and it's socket or circuit board) is new.... Of course any electric motor has to be replaced, "sealed motor" doesn't mean waterproof...... All soft goods (foam and cloth) if not totally dried out needs to be replaced to avoid mold....... If the engine was submerged, it has to have been disassembled, cleaned, checked, and reassembled- but all this could have been done while changing all the electrical sensors, computers, connectors, and wiring harness.
So you see, if done right..... it could be OK......
Ooops... but you would still have a salvaged title and it would be real hard to resell........
On second thought.... I agree with everybody else..... pass, you'll be able to find a good car for your money....
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Personally - if I came across any car that seemed like a great deal, and the car was immaculate, and found that it had a salvage title - it would be a deal breaker for me.
You also might want to check with your insurance company, some companies will only offer liability coverage and no physical damage (comprehensive and collision) on a car with a salvage title.
But it's your money do as you see fit.....
You also might want to check with your insurance company, some companies will only offer liability coverage and no physical damage (comprehensive and collision) on a car with a salvage title.
But it's your money do as you see fit.....
Melting Slicks
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From: Montreal ** Enjoy the ride !!
unless you are mechanicaly or have good car electronic skills, because you will need it. It is pretty difficult to sell a salvaged vechile, also many insurance companies do not insure them. Lots of homework to do if that's what you want to do.
Instructor
Joined: Dec 2008
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From: Mississauga Ontario
My 99 c5 has a salvage title, some one smashed the drivers window and got happy with spray paint!!! but when i got the car 99% of the paint is gone (new seats, carpet.....) still some paint in the vents and such. But i plan on driving it and do not plan on selling it.
BUt i would never by a flood car. A pal of mine had a sunfire that went into a river. WOW what a nightmare!!! one thing after another!! then he traded it in, and it was on the lot next week. Scary!
BUt i would never by a flood car. A pal of mine had a sunfire that went into a river. WOW what a nightmare!!! one thing after another!! then he traded it in, and it was on the lot next week. Scary!
