What's a car worth? Options

[Verruckt]

Can you all give me an idea what this car might be worth?

Back when I began my 914 search, I found a decent 75 2.0 at a German repair shop. The owner had basically abandoned the car here, not wanting to pay the bill ($1200). The car is not running still... The shop replaced the starter, alternator, distributor guts, spark wires, and plugs, and battery. The car has VERY low compression in one cylinder. The rear trunk has a broken hinge. Original white paint but faded pretty bad. Hell hole repaired pretty good. Some surface rust on front hood and one fender. Underside is flawless, no rust. Car has mismatching wheels. Interior is not something to brag about, but its all there. Seat rips, carpet f'ed up.

Originally they tried to get a hold of the owner to tell him i was interested in the car (it sat there for 4 months). They put a lien on it, and now they want to sell it. They initially told me $2500. They justified this by saying they had $1400 in storage fees on the car. (IMG:style_emoticons/default/rolleyes.gif)

Well, i held out for a few weeks. They called me back wanting to maybe drop a little bit. I told them it was just too much. A couple of weeks have gone by now and I just got a call this morning, and now they want me to make an offer.

I know its hard from my description, but could anyone give me an idea what it might be worth?

[GWN7]

Rich sounds about right ($500 Max.) on the car.

One thing you have to check is the laws on how a garage can assume title to a car that was abandoned before you give them any cash. You wouldn't want to give them any money and then have the P.O. show up and claim the car back. Or worse sink a bunch of cash into it and have that happen.

Here the car owner has to be notified (or attempted to notify -I.E. reg. mail) that the garage will be selling the car at auction to recoupe it's losses. Once the auction takes place the garage can apply for the title of the car and then sell it for what they want.

Make sure they have clear title to the car before you hand over any cash. Ask your bank manager or loans officer about what the garage needs to do to get title. They might know the hoops they need to jump thru to get a clear title.