2005-2006 rebuilt title price
#1
Racer
Thread Starter
2005-2006 rebuilt title price
Hi guys as the title says...just curious cause my neighbor was asking me some hours ago...how much it would be a rebuilt title 2005 or 2006 automatic under 100k miles? I told him from 12.5000 to 14.000 but im not sure ...also if any of you got a rebuilt title vette 2005 to 2007 automatic he is open to offers .... Thanks in advance
#3
Race Director
Member Since: Mar 2011
Location: SW Florida
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2021 C6 of the Year Finalist - Modified
Just out of curiousity about the history on the car ... What events led up to the car getting a Rebuilt Title ? ?
#5
Racer
Thread Starter
#6
Racer
Thread Starter
#7
Racer
Thread Starter
#10
Le Mans Master
I think 30% is what you will see advertised, but 40% is a more realistic selling price figure. There is a dealer in town who sells a lot of very nice "rebuilt" titled cars. Following is an example: 2012 GS 2LT 6sp, priced at $22600. The vehicle dealer retail on KBB is about $37500, in VG condition. This dealer is asking 40% below KBB, which makes this a very good deal, I think. I have not looked at it, and had no interest when I was shopping. I have no other details, and true value would be determined by what the extent of the damage was, who did the rebuild, etc.
https://lasvegas.craigslist.org/ctd/...483350646.html
https://lasvegas.craigslist.org/ctd/...483350646.html
Last edited by buckmeister2; 02-24-2018 at 08:04 PM.
#11
Racer
Thread Starter
I think 30% is what you will see advertised, but 40% is a more realistic selling price figure. There is a dealer in town who sells a lot of very nice "rebuilt" titled cars. Following is an example: 2012 GS 3LT 6sp, priced at $22600. The vehicle dealer retail on KBB is about $37500, in VG condition. This dealer is asking 40% below KBB, which makes this a very good deal, I think. I have not looked at it, and had no interest when I was shopping. I have no other details, and true value would be determined by what the extent of the damage was, who did the rebuild, etc.
https://lasvegas.craigslist.org/ctd/...483350646.html
https://lasvegas.craigslist.org/ctd/...483350646.html
#12
Not knowing why it has a savage title in the first place is all kinds of scary to begin with.
Next is that no dealer is going to touch it as a trade in, and most insurance companies will not fully insure it as well. So really, savage title cars are reserved for cars that you are planning on turning into a race car, going to wreck and repair it, so the damage is already done to the title before hand instead.
So best case if just say vandalism being the reason it was written off by the Insurance company to be being with, may be half the price of retail.
If wrecked and you have not way to check the frame for damage or repair work that may have been corrected, walk away from it.
If it was flooded damaged, run very fast away from it instead. Hence electrical problems are the worst to find and repair on a C6 due to all the electrical modules. and with the modules being flooded, your going to be chasing your tail with repairs over and over again, until you have pretty much replaced all the water damage modules and the wiring harness as well.
Next is that no dealer is going to touch it as a trade in, and most insurance companies will not fully insure it as well. So really, savage title cars are reserved for cars that you are planning on turning into a race car, going to wreck and repair it, so the damage is already done to the title before hand instead.
So best case if just say vandalism being the reason it was written off by the Insurance company to be being with, may be half the price of retail.
If wrecked and you have not way to check the frame for damage or repair work that may have been corrected, walk away from it.
If it was flooded damaged, run very fast away from it instead. Hence electrical problems are the worst to find and repair on a C6 due to all the electrical modules. and with the modules being flooded, your going to be chasing your tail with repairs over and over again, until you have pretty much replaced all the water damage modules and the wiring harness as well.
#13
Instructor
Hmmm, okay. I had zero issues putting insurance on my car with a salvage title, not sure why that misnomer always comes up. And in my experience, a 20-30% reduction in price from a clean title car if the repair was done correctly seems to be the norm. If you really think a nicely done car is worth half the normal value, try buying one for that, I think you'll find the market says something different.
Last edited by Aliquantus; 02-24-2018 at 11:19 PM.
#14
If you manage to get full coverage on a savage title car, then that is out of the norm for most insurance companies instead. Most will only do liability and collision coverage instead.
Also, you can turn a savage title into a rebuilt title in most states, but most will not do such, since the required amount of work and documentation to do such with DMV to clear the title from savage to rebuilt, would end up with the cost of the repairs outweighing the value of the car in the end instead. So although your 30~40% would jive with a car having a rebuilt title, it does not with a car still having a savage title instead.
Also, you can turn a savage title into a rebuilt title in most states, but most will not do such, since the required amount of work and documentation to do such with DMV to clear the title from savage to rebuilt, would end up with the cost of the repairs outweighing the value of the car in the end instead. So although your 30~40% would jive with a car having a rebuilt title, it does not with a car still having a savage title instead.
Last edited by Dano523; 02-24-2018 at 11:43 PM.
#15
Melting Slicks
Hmmm, okay. I had zero issues putting insurance on my car with a salvage title, not sure why that misnomer always comes up. And in my experience, a 20-30% reduction in price from a clean title car if the repair was done correctly seems to be the norm. If you really think a nicely done car is worth half the normal value, try buying one for that, I think you'll find the market says something different.
Had zero issues putting full coverage on the Jeep Grand Cherokee I bought at an auction a few years back with salvage title.
#16
Race Director
It all depends on what state you are trying to register/insure it in. Some won't allow it. I don't remember which one but I remember reading about it.