For those looking for a cheap C5
Thread Starter
Melting Slicks
Joined: Nov 2009
Posts: 2,922
Likes: 219
From: West Branch, MI
For those looking for a cheap C5
Ran across this. Don't know anything about it. Just a local CL ad. Low miles, rebuilt title. Someone might find it desirable.
https://oklahomacity.craigslist.org/cto/6114624334.html
https://oklahomacity.craigslist.org/cto/6114624334.html
Drifting
Joined: Nov 2016
Posts: 1,820
Likes: 411
From: Somewhere in the middle of Kansas
Yeah that is cheap, but it has a rebuilt title. Wouldn't be for me but a cheap way to get into a C5. Cheap until unforeseen problems arise that is.....
Last edited by 02BlownZ06; May 11, 2017 at 09:55 AM.
Instructor
Joined: Sep 2016
Posts: 139
Likes: 14
From: Almost Canada
Rebuilt titles are big red flags. Flood? Wrapped around a tree and rebuilt at a junk yard? Set on fire with a body inside? I guess cheap is good but there is an old saying about how the sweet taste of a bargain is soon replaced by the bitter taste of big repair bills...
Last edited by WoodyJohnson; May 11, 2017 at 10:06 AM.
Pro
Joined: Mar 2009
Posts: 525
Likes: 21
I probably wouldn't purchase it because of the rebuilt.....that being said.....if you can tell when the rebuilt title was issued that would tell you something....If it was issued when the car was very new then a lot of damage occurred to get to 80% value. If it happened recently....Its not going to take a large accident to get to 80% value and total the car. Scraping up a fender, door and quarter would probably do it. I wrecked my CBR in 2001. Insurance totaled it an I bought it back and fixed it myself....Still have the bike....At this time it just sits in the corner of my garage....It is worth more to me than what I could get for it....but I never had any problems rebuilding it...
Burning Brakes
Joined: Sep 2006
Posts: 1,061
Likes: 106
From: The Natures Coast/Caribbean
Just to drive and enjoy, it's an inexpensive way to have a Vert. Too bad I'm on the island, worth just giving it once over.
Last edited by BRKLYN; May 11, 2017 at 10:43 AM.
Instructor
Joined: Aug 2012
Posts: 227
Likes: 12
From: Southern NJ
saw this on a website for OK.
If it's a green title this is normally just simply a used car. An orange title means rebuilt after it's been totaled. A red title means it's been heavily damaged and carries a salvage title so it's not street legal. It's unsafe for your family."
A green title is supposed to be a normal used car, red would be a problem. Orange would be rebuilt.
Maybe he has a typo in the posting.
If it's a green title this is normally just simply a used car. An orange title means rebuilt after it's been totaled. A red title means it's been heavily damaged and carries a salvage title so it's not street legal. It's unsafe for your family."
A green title is supposed to be a normal used car, red would be a problem. Orange would be rebuilt.
Maybe he has a typo in the posting.
Pro
Joined: Apr 2017
Posts: 711
Likes: 76
From: Atlantic Pa
Just remember You can go broke trying to save money . Many times I found what I thought was a diamond in the rough only to find out it was a money pit and my " good deal " wasn't so good after all . Just sayin'
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Melting Slicks
Joined: Jul 2010
Posts: 2,793
Likes: 333
From: Leesburg Fl
2018 C5 of Year Finalist
St. Jude Donor '14,'18
Did the seller do the repairs? You only need to find out what the reason is for the salvage title. Plenty of perfectly good cars are scrapped by ins. companies that only need minor work. After you've discovered the reason, have the car checked to be sure the work was done correctly. Do this and you may have a great car for little $.