Price range
Pro
Joined: Sep 2019
Posts: 719
Likes: 642
From: Northern Ohio
2025 C5 of the Year Finalist - Unmodified
2022 C5 of the Year Finalist - Unmodified
2021 C5 of the Year Finalist - Unmodified
Can you really use the words "salvage" and "good condition" together in the same sentence?
No Hostility Be Happy
Joined: Aug 2018
Posts: 10,080
Likes: 7,398
From: South Hill Wa
2022 C5 of the Year Finalist - Modified
2021 C5 of the Year Finalist - Modified
Salvage title cars are like any other car. They're only worth what someone else is willing to pay. For me a Salvage Z06 in good condition is probably 5 grand tops but that's just me. Someone else may pay 10k. They are best marketed to those who want to build a race car out of them.
I would also subtract 1k right off the bat for having the wrong wheels on the car but I mean that way.
I would also subtract 1k right off the bat for having the wrong wheels on the car but I mean that way.
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Verdad Gallardo
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From: In a parallel universe. Currently own 2014 Stingray Coupe.
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Value - maybe in the 50% range of a comparable car with no adverse history.
Drifting
Joined: Feb 2010
Posts: 1,923
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From: Dunedin Florida
Salvage title has such a bad rep because it makes people think of a car that’s had an entire new front end welded on but it’s not always that. A vette gets stolen and they steal the engine out of it and abandon the rest in a Walmart parking lot with zero damage would get a salvage title. In reality that car is not the slightest bit in worse shape than the vette owned by a guy who swaps a ls6 into his ls1 vette. It’s worth the same amount of money.
No Hostility Be Happy
Joined: Aug 2018
Posts: 10,080
Likes: 7,398
From: South Hill Wa
2022 C5 of the Year Finalist - Modified
2021 C5 of the Year Finalist - Modified
Salvage title has such a bad rep because it makes people think of a car that’s had an entire new front end welded on but it’s not always that. A vette gets stolen and they steal the engine out of it and abandon the rest in a Walmart parking lot with zero damage would get a salvage title. In reality that car is not the slightest bit in worse shape than the vette owned by a guy who swaps a ls6 into his ls1 vette. It’s worth the same amount of money.
I don't think many would dispute any of this. IMO though, a branded title is just that, and no, it should never carry the same value as a clear title car. I have seen theft recovery cars with virtually no damage other than maybe some torn seats get bad titles. Way it goes.
The real unfortunate part of the situation is there are plenty of cars out there that have been wrecked and have clear titles because nothing was ever reported.
