c5 vert with salvage title
Thread Starter
Racer
Joined: Dec 2005
Posts: 496
Likes: 0
From: edinburg VA.
c5 vert with salvage title
Hey guys, what is a 99 vert with all the options with 6 speed worth? A dealer has it and showed me the before pictures and damage was not that bad but air bags blew. It is black with tan top,clean inside with good paint. Mileage is 33,000. I think I could by it for $16,000.Is that to much? How hard would it be to sell later on with this title and how much does it affect the value? Any help would be appreciated.
Melting Slicks
Joined: Jun 2012
Posts: 3,163
Likes: 6
From: Oceanside California
I dont know why the hell these cars go for so high with salvaged titles. It really pisses me off when I see that.
I wouldnt touch a car with a salvaged tile. It is never going to sell for sh**, and will not be good for a trade in. The carzy bastards want as much as a clean tile car is worth most the time. Spit in his face and walk away.
I wouldnt touch a car with a salvaged tile. It is never going to sell for sh**, and will not be good for a trade in. The carzy bastards want as much as a clean tile car is worth most the time. Spit in his face and walk away.
Intermediate
Joined: May 2011
Posts: 32
Likes: 0
From: Coral Springs Florida
Salvage Title--No
Too much for salvaged title. I have a 2000 Pewter Vert with some upgrades asking only $17,000
. Good luck, and as onebadeagle said "RUN" from that one, too much $$$. If you are interested in mine let me know. I will deliver if needed.
. Good luck, and as onebadeagle said "RUN" from that one, too much $$$. If you are interested in mine let me know. I will deliver if needed.
Last edited by garysc5; Jul 9, 2012 at 06:04 PM.
Drifting
Joined: Apr 2011
Posts: 1,454
Likes: 6
From: Pittsburgh PA
I dont know why the hell these cars go for so high with salvaged titles. It really pisses me off when I see that.
I wouldnt touch a car with a salvaged tile. It is never going to sell for sh**, and will not be good for a trade in. The carzy bastards want as much as a clean tile car is worth most the time. Spit in his face and walk away.
I wouldnt touch a car with a salvaged tile. It is never going to sell for sh**, and will not be good for a trade in. The carzy bastards want as much as a clean tile car is worth most the time. Spit in his face and walk away.
Well I don't know why they go so high BEFORE they are fixed either but they do. I paid 9 grand for mine wrecked. Shoulda been around 7 but got in a war with one other bidder.
Not just Vettes either. Some say it's because they get shipped out of the country where they could care less about paperwork. Whatever the reason, salvage vehicles go for a lot of money. I don't have a clue how auto wreckers make a living seeing what salvage goes for.
I don't understand the anger here. You don't want a salvage car.. don't buy it. Spit in his face? You serious? Last time I checked it was a free country. Too much... don't buy it. You don't want it ...don't buy it. This Pisses you off ? Maybe anger management is in order.
Last week I sold a reconstructed title 05 GP for $5500 that retailed for $9850. Older couple and they were tickled pink. Would I try for 16k on my 99 Vette..probably not. But I didn't buy it as a flipper either.
Race Director
Joined: Jul 2007
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From: Reno is so close to Hell you can see Sparks , State Of Confusion
St. Jude Donor '12-'13-'14
16K for a 99 with a Salvage title...... As they said in "Usesd Cars" Too %^&^$ High"
I wouldn't buy a C5 with a salvage title at all. Not my bag...
I wouldn't buy a C5 with a salvage title at all. Not my bag...
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Race Director
Joined: Jul 2007
Posts: 18,681
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From: Reno is so close to Hell you can see Sparks , State Of Confusion
St. Jude Donor '12-'13-'14
I dont know why the hell these cars go for so high with salvaged titles. It really pisses me off when I see that.
I wouldnt touch a car with a salvaged tile. It is never going to sell for sh**, and will not be good for a trade in. The carzy bastards want as much as a clean tile car is worth most the time. Spit in his face and walk away.
I wouldnt touch a car with a salvaged tile. It is never going to sell for sh**, and will not be good for a trade in. The carzy bastards want as much as a clean tile car is worth most the time. Spit in his face and walk away.
That statement is really childish.
Mr.Bill
Burning Brakes
Joined: Jan 2011
Posts: 1,067
Likes: 46
From: Springfield IL.
Oldtimer
Hey guys, what is a 99 vert with all the options with 6 speed worth? A dealer has it and showed me the before pictures and damage was not that bad but air bags blew. It is black with tan top,clean inside with good paint. Mileage is 33,000. I think I could by it for $16,000.Is that to much? How hard would it be to sell later on with this title and how much does it affect the value? Any help would be appreciated.
Melting Slicks
Joined: Jun 2012
Posts: 3,163
Likes: 6
From: Oceanside California
Well I don't know why they go so high BEFORE they are fixed either but they do. I paid 9 grand for mine wrecked. Shoulda been around 7 but got in a war with one other bidder.
Not just Vettes either. Some say it's because they get shipped out of the country where they could care less about paperwork. Whatever the reason, salvage vehicles go for a lot of money. I don't have a clue how auto wreckers make a living seeing what salvage goes for.
I don't understand the anger here. You don't want a salvage car.. don't buy it. Spit in his face? You serious? Last time I checked it was a free country. Too much... don't buy it. You don't want it ...don't buy it. This Pisses you off ? Maybe anger management is in order.
Last week I sold a reconstructed title 05 GP for $5500 that retailed for $9850. Older couple and they were tickled pink. Would I try for 16k on my 99 Vette..probably not. But I didn't buy it as a flipper either.
Not just Vettes either. Some say it's because they get shipped out of the country where they could care less about paperwork. Whatever the reason, salvage vehicles go for a lot of money. I don't have a clue how auto wreckers make a living seeing what salvage goes for.
I don't understand the anger here. You don't want a salvage car.. don't buy it. Spit in his face? You serious? Last time I checked it was a free country. Too much... don't buy it. You don't want it ...don't buy it. This Pisses you off ? Maybe anger management is in order.
Last week I sold a reconstructed title 05 GP for $5500 that retailed for $9850. Older couple and they were tickled pink. Would I try for 16k on my 99 Vette..probably not. But I didn't buy it as a flipper either.
Last edited by NukeC5; Jul 9, 2012 at 09:25 PM.
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I personally would not buy a car with a salvage title unless I (1) planned to keep it forever or (2) was going to make a race car out of it. Just too hard to eventually sell it again with a checkered history. And yes, I do think that is too high for a '99 with a salvage title.
Thread Starter
Racer
Joined: Dec 2005
Posts: 496
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From: edinburg VA.
I agree with most of the post as far as resell, thats what concerned me most. If I planned on keeping it forever or racing maybe. I was just wondering what were the rules on salvage cars
as far as percentage of one with a clear title. Thanks.
as far as percentage of one with a clear title. Thanks.
1st Gear
Joined: Jul 2012
Posts: 1
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i suppose you can find something better, thouhg salvage. i bought my corvette for less money. where did you find that dealer? it doesn't seem to me a great deal, in fact.
Last edited by Comandante; Jun 14, 2013 at 03:02 PM.
Drifting
Joined: Apr 2011
Posts: 1,454
Likes: 6
From: Pittsburgh PA
There are no set rules or formulas. I sold the GP previously mentioned for about what NADA sets as "rough trade in"...bottom book price. The mileage add on stays the same across the board. With the car you descibed, the mileage is worth 6 grand by itself. Rough trade in is $14500. I'd say that would be a fair price with the R title IMO. The fact he has documentation of the damage is a plus. So many times I see cars advertised and they just say R-Title with no explanation of what was done.
I probably have around 12-13 in mine not counting labor. Some of that didn't have to do with the wreck such as a new clutch and wheels/tires.
If I ever have to sell it, I wouldn't take less than 10 grand. Anything less and I'd just part it out.
Rebuilt cars are not for eveyone. Heck some Corvette people figure the car is junk if it gets so much as a scratch on a fender. But I will say that when I'm driving down the road and heads turn to look, that piece of paper doesn't mean a thing to me.
Last edited by fendermender; Jul 10, 2012 at 12:53 PM.
Burning Brakes
Joined: Jan 2011
Posts: 1,067
Likes: 46
From: Springfield IL.
Oldtimer
i suppose you can find something better, thouhg salvage. i bought my corvette for less money here http://www.easyexport.us/salvage/CHE...ETTE/for-sale/. where did you find that dealer? it doesn't seem to me a great deal, in fact.
Take a look at this one, and look at what the insurance co. says acv is. Pretty close to the asking price is here.
A reconstruted title wouldn't bother me if it were done right, and I could buy it right. I use my car, don't let it sit in the garage looking pretty. Even having a less than perfect vette, is better than having NO vette.
Last edited by 92GA; Jul 10, 2012 at 08:23 PM.
Drifting
Joined: Apr 2011
Posts: 1,454
Likes: 6
From: Pittsburgh PA
http://www.easyexport.us/cars-for-sa...VETTE_17859072
Take a look at this one, and look at what the insurance co. says acv is. Pretty close to the asking price is here.
Take a look at this one, and look at what the insurance co. says acv is. Pretty close to the asking price is here.
Actual Cash Value (ACV) is likely what the insurance paid out to the owner. Has little to do with with what it sells for as salvage. Copart often lists ACV and estimated repair costs as a sales gimmick.
This Easy Export is obviously a broker/exporter listing Copart and other auctions. One of the the reasons the price on this stuff gets nuts. Someone in Mexico or Brazil gets a Corvette and the paperwork means little if anything to them.
Drifting
Joined: Apr 2011
Posts: 1,454
Likes: 6
From: Pittsburgh PA
.
A reconstruted title wouldn't bother me if it were done right, and I could buy it right. I use my car, don't let it sit in the garage looking pretty. Even having a less than perfect vette, is better than having NO vette.[/QUOTE]
Exactly! You want an investment...R Title not for you.
A reconstruted title wouldn't bother me if it were done right, and I could buy it right. I use my car, don't let it sit in the garage looking pretty. Even having a less than perfect vette, is better than having NO vette.[/QUOTE]
Exactly! You want an investment...R Title not for you.
Team Owner
Joined: Mar 2004
Posts: 30,055
Likes: 351
From: Big Red Ne
Mr. Bill is correct. Run, Forrest! Run! $6000 tops for 99 salvaged Vette, --------------maybe on a day of heavy drinking. You can bring it home and say to the wife, as you stumble through the front door, "Look, honey! I got a hell of a deal on this Vette." Not!
Last edited by rkhegler; Jul 10, 2012 at 08:38 PM.