Home  |  Forums  |  914 Info  |  Blogs
 
914World.com - The fastest growing online 914 community!
 
Porsche, and the Porsche crest are registered trademarks of Dr. Ing. h.c. F. Porsche AG. This site is not affiliated with Porsche in any way.
Its only purpose is to provide an online forum for car enthusiasts. All other trademarks are property of their respective owners.
 

Welcome Guest ( Log In | Register )

> OT: Salvage titles, What's the skinny
Hammy
post Mar 31 2012, 11:04 PM
Post #1


mr. Wonderful
***

Group: Members
Posts: 1,826
Joined: 20-October 04
From: Columbia, California
Member No.: 2,978
Region Association: Northern California



So a friend is in the market for a used 2nd gen Prius, and have been noticing a huge amount of them in private sale are salvaged title, usually due to the owner not wanting to pay back registration fees and salvaging the title??
I'm a bit uninformed on the subject, so What's the downside to a salvage title, is it higher insurance rates? I've been searching and have yet to find a definitive answer.
Any info appreciated! (IMG:style_emoticons/default/beer3.gif)
User is offlineProfile CardPM
Go to the top of the page
+Quote Post
 
Reply to this topicStart new topic
Replies
Black914_4
post Apr 1 2012, 07:57 AM
Post #2


Member
**

Group: Members
Posts: 272
Joined: 11-January 12
From: AR
Member No.: 13,994
Region Association: South East States



Reg. fees have nothing to do with titles that I know about.

I would not have a problem buying a car with a salvage title myself. Just have to find out why it was salvaged. It could be simple and stupid or something major. Some states will salvage over a dented fender. No biggy, it was repaired and is good as new. Guy on ebay selling a 914 has that problem. I know one state is real bad about that, N. Carolina maybe. Can't remember. Fender bender and they salvage it!. If it was flooded, or bent frame, or cut in half, etc I would be concerned.

I tried to buy a 911 a couple years ago. Salvaged title due to fender bender when it was only 1 yr old. Repaired to new condition. Only had 30K miles on it, Show room condition. Booked at $40k, Had them talked down to $23k. I tried 10 banks & credit unions and could not get anyone to finance it! Even at half price. Biggest problem.

IDk about insureance. Call yours and ask. I'm sure they would give you info. I don't think it would be an issue.
User is offlineProfile CardPM
Go to the top of the page
+Quote Post

Posts in this topic
Hammy   OT: Salvage titles   Mar 31 2012, 11:04 PM
phatnine11   Hammy, A salvage title has more to do with the cos...   Mar 31 2012, 11:10 PM
cary   Hammy, A salvage title has more to do with the co...   Apr 1 2012, 08:46 AM
Travis Neff   Salvage title means the car was a total loss from ...   Mar 31 2012, 11:12 PM
1970 Neun vierzehn   Salvage title means the car was a total loss from...   Mar 31 2012, 11:25 PM
orange914   Salvage title means the car was a total loss from...   Mar 31 2012, 11:43 PM
Hammy   Salvage title means the car was a total loss fro...   Mar 31 2012, 11:51 PM
Hammy   Ok, makes sense. How come so many sellers claim th...   Mar 31 2012, 11:28 PM
Travis Neff   Their stupid or lying. Do a carfax, that should s...   Mar 31 2012, 11:34 PM
Travis Neff   Oh yeah, if the buyer wants to finance the car, th...   Mar 31 2012, 11:52 PM
kg6dxn   The batteries went dead on my Mom's Prius. Ins...   Mar 31 2012, 11:52 PM
Hammy   The batteries went dead on my Mom's Prius. In...   Mar 31 2012, 11:56 PM
Travis Neff   Then that scenario would be the safest purchase (n...   Mar 31 2012, 11:55 PM
Hammy   How much more for insuring salvaged title? NOT ful...   Mar 31 2012, 11:57 PM
monkeyboy   How much more for insuring salvaged title? NOT fu...   Apr 2 2012, 09:34 AM
Travis Neff   If liability only, no change in price as they woul...   Apr 1 2012, 12:00 AM
Hammy   Interesting. Thanks for the great info everyone.   Apr 1 2012, 12:35 AM
2xs performance   Reg. fees have nothing to do with titles that I kn...   Apr 1 2012, 07:57 AM
RobW   I agree with driving it until the wheels fall off....   Apr 1 2012, 08:55 AM
orange914   Hammy, A salvage title has more to do with the co...   Apr 1 2012, 10:33 AM
bulitt   Yeah, you wouldn't want to end up with a car t...   Apr 2 2012, 09:42 AM
wingnut86   Prius I know something about. Don't buy a sal...   Apr 2 2012, 07:40 PM


Reply to this topicStart new topic
1 User(s) are reading this topic (1 Guests and 0 Anonymous Users)
0 Members:

 



- Lo-Fi Version Time is now: 2nd June 2024 - 12:06 PM