Shopping on ebay.First one i've seen SALVAGED.With a clean title.
http://www.ebay.com/itm/Chevrolet-Corvette-Stingray-Clean-title-Salvage-Repairable-C7-Corvette-Stingray-2550-miles-Easy-fix-/301077500456?forcerrptr=true&hash=item46199e1228&item=301077500456&pt=US_Cars_Trucks

 

That is insane that anyone would EVER buy that car with a few thousand more you could buy BRAND NEW!

That car is worth maybe 25k

 

 

I bet he gets what he looking for...40k or better

 

How can it be a salvage with a clean title?

 

that's not possible. Salvage and clean titles are mutually exclusive

 

It's like saying a frozen steak is fresh.

"Well it was fresh when we froze it, sir"

 

wtf @ all 4 airbags going off. damn that is gonna cost ya a pretty penny right there.

especially the seats ones possibly

 

caveat emptor

 

Yep, salvaged is specified on the title. So I wouldn't call that a clean title. If a salvaged car has ben repaired perfectly, and only a professional appraiser could determine that, it will have some value but you have to be aware that it will be virtually worthless when the second owner tries to sell it. But if it is repaired perfectly and you can buy it for a very significant discount, it may be a good deal for someone who intends to keep the car for a very long time.

Bottom line I would never waste my time looking at a salvaged car, much less buy one.

 

It's a "Salvage Repairable" car. Title is clean and has not been marked salvage.

Someone is going to buy it, fix it and export it or resale it as if nothing happened.

Prob has a 56k sticker? Needs maybe $3-4k in parts? @ $40k = 4k you have a car that has a clean title for $12k off MSRP. That is if it sells for $40k.

 

Hmmmm so salvage will never show up on a search anywhere? Not even on Carfax? That's interesting.

 

Where do you get "salvaged"?

The Car was in an accident. It was not reported to the Insurance Company, so I will hazard a guess that it was a one Car accident.

Why it blew four Airbags is a mystery to me, given the limited visual damage to the front Driver's side.

If the Seller's description of Damage is correct, with no underlying unseen Damage to the Frame, it can be a bargain if bought for the right price.

Not a project for me, but to a guy with access to reasonably priced Parts and a Shop to do the work, it could be the deal of the week.

No "salvage" title will follow this Car. Looks like it's off the Grid.

 

I don't know how it works for you southern folks (Americans) or for the rest of Canada for that matter but here in Alberta if a car sustains more than $1500 worth of damage it has to be reported to the police and with that you are issued an accident sticker pointing out the damaged area, without the sticker bodyshops aren't allowed to repair the vehicle. So the only way NOT to have the damage claim show up on CARPROOF (think Canadian version of Carfax) is to pay out of pocket (not claiming it through either party's insurance company).

 

Pass

 

Depending on what state and the ACV (actual cash value) even with air bag deployment, the vehicle might not have qualified for a "total loss" and branded salvaged title. Texas is really poor when it comes to repairing significantly damaged vehicles and not requiring a branded title. Of course if the owner does not report the loss and has the vehicle repaired, that is another discussion as to whether he has violated statute.

Insurance companies will calculate the total loss ratio (cost of repairs/actual cash value) and then compare this ratio to limits set either internally within the company and/or regulated and established by state law. It is also sometimes referred to simply as the damage ratio. Some states dictate how high this damage ratio needs to be in order to be able to declare a vehicle a “total loss” and be eligible for a salvage title or certificate. This is referred to as the Total Loss Threshold (TLT). In order to total a vehicle, the total loss ratio must exceed the established percentage. If the TLT is not dictated by the state, an insurance company will usually default to something known as the Total Loss Formula (TLF) which is:

Cost of Repair + Salvage Value > Actual Cash Value

If the sum of the first two quantities is greater than the ACV, the car can be declared a total loss. As an example, a damaged 2002 Toyota Echo with 185,000 miles in good condition has an ACV of approximately $2,800. Total repair costs are estimated at $2,000, for a damage ratio of 72 percent. This car would be considered a total loss in Arkansas, where the TLT is 70 percent, but not in Florida where the TLT is 80 percent. In Illinois, the TLF would be used and, if the salvage were worth $700, the car would not be totaled ($2,000 + $700 < $2,800). Of course, states utilizing the TLF rely on and defer to the judgment and opinions of licensed appraisers. Individual state laws provide the following with regard to the TLT:
Alabama 75% Montana TLF
Alaska TLF Nebraska 75%
Arizona TLF Nevada 65%
Arkansas 70% New Hampshire 75%
California TLF New Jersey TLF
Colorado 100% New Mexico TLF
Connecticut TLF New York 75%
Delaware TLF North Carolina 75%
Florida 80% North Dakota 75%
Georgia TLF Ohio TLF
Hawaii TLF Oklahoma 60%
Idaho TLF Oregon 80%
Illinois TLF Pennsylvania TLF
Indiana 70% Rhode Island TLF
Iowa 50% South Carolina 75%
Kansas 75% South Dakota TLF
Kentucky 75% Tennessee 75%
Louisiana 75% Texas 100%
Maine TLF Utah TLF
Maryland 75% Vermont TLF
Massachusetts TLF Virginia 75%
Michigan 75% Washington TLF
Minnesota 70% West Virginia 75%
Mississippi TLF Wisconsin 70%
Missouri 80% Wyoming 75%

 

Its not a salvage car if the insurance company didn't mark it salvage. If the car was in a wreck and was repaired without the insurance company, it could get fixed and nothing would get noted on the title.

 

VIN (Vehicle Identification Number): 1G1YD2D73E5103460
A VIN to remember when C7 shopping.

 

Would make a great track only car that you could gut, modify and never worry about the title status. Should get lot of interest from racer crowd. A NASA race ready beat up C5 goes for 25K.

 

[QUOTE=Second Vette;1585999467]Where do you get "salvaged"?
RELAX!!
I put it up here for discussion.I could give 2 $HITS about it.I knew some TROLL would take the bait!