Let's talk salvage titles if we may Options

[Tdskip]

First off let me say that I know they'll be lots of room for personal opinions here, with some people holding the opinion that with cars of our vintage a salvage title isn't that big of a deal if it comes from a non-critical issue back when the cars weren't worth much.

I just looked at exactly such a car that was totaled by the insurance company over what today we would look at as a minor bump. Back when it happened, close to 15 years ago, I'm sure a $1500 repair was probably enough of a threshold to total the car so the insurance company wrote it off and the previous owner bought it back and then never restored it like he thought he was going to when he bought it back.

So all that brings us to today - otherwise clean car that had some rust repair done to a solid but not cosmetically attractive level, just needs an engine to be back on the road. 17's that are ready to Bolton can be readily had for not a whole lot money and you can see where the rest of this thought process goes. Except, except, except the shell has a salvage title.

I was thinking I would just throw this thing together and then drive it for six months and sell it, which I do in a heartbeat if I didn't have a salvage title but I'm worried that even at driver pricing ($4000?) i'll get stuck with it because other people will get the heebie-jeebies about the salvage title just like me.

What do you all think?

[Pursang]

It's a matter of perspective. If you want the car as a potential investment, a clean title goes a long way toward value. Like when you were young and beautiful/handsome. You looked for a mate who was as perfect as you could (or were likely) to get. If you love your car because of its history and some emotional attachment, if the title is salvage it makes little difference to you. Likewise, if you have an emotional attachment to someone else (through marriage or whatever) then you are likely to overlook their flaws...just as they overlook your own.