'82 400i # 40875 on Copart

Does anyone know the story and what earned it the salvage title? Could it be a flood car?

 

Did someone say flood?
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It is still wet....

 

@180 out - dude that's biblical.

I like the green and flood cars usually show leather taking the big hit and this interior looks decent. Maybe a seized or blown motor. I can see that causing a salvage issue since we all know what it costs to fix these cars versus cars value.

 

Damm my memory. Some Fchat member has always wanted to buy that car. A while back he contacted me about it to see if I knew where it was.
Ring a bell for anyone?

 

Lumber and pitch to build a 300 cubit ark: 9,000 shekels
Grain and meat to feed two of every living thing of all flesh for 1 year and 10 days: 12,000 shekels
Saying to your wife, as the floodwaters float your boat off the driveway, "I *told* you it was gonna rain": priceless!

 

I could be wrong but I don't think that needing a major mechanical repair, like from a blown engine, causes a salvage title to be issued. My understanding is that a salvage title is the result of an insurance company "totaling" a car after an accident or other mishap that triggers an insurance claim. Blowing up an engine wouldn't be something that is covered or that could be claimed under a normal insurance policy.

 

There have been cars that are totaled due to engine issues. Especially if the damage say....put a hole in the oil pan and the engine seized or if it sucked in water and hydrolocked, etc. Not saying that this is the case here, but it's decently common enough to mention.

Wow, the interior actually looks to be pretty decent. Starting bid at $12k.... Not a bad gamble at that price honestly.

 

It is only going to have a salvage title if you are not a dealer buying this car. If you have a dealer buy it for you they will receive a clear title for the car. Only buy from Copart using a licensed dealer otherwise it will have a salvage title. Of course most of their cars are true salvage cars and already have the salvage branded to the title. This car looks like it should be available with a clear title, but buyer beware since the vehicle did make its way into the hands of Copart...buyer needs to do some inspections to figure out why. I would not purchase from Copart unless you had a dealer representing you and that you personally inspected the vehicle as well as having a third party look it over as well.

 

Could driving in the rain do that?






The shields?


Someone put shields on it.
















Theft recovery?

 

Everybody knows you can't drive a Ferrari in the rain. Once you do they're just a parts car.

 

It's not on the listing with Coparts any more. Was Earlier. I was going to watch the auction and got distracted with other things. Maybe it sold. Had a starting asking bid of $12,400. Anyone watch the sale?

 

Ain't that the truth! What a shame, a moment of misattention, a passing shower, and wham!, instant parts car. May as well drive it into the ghetto and leave the keys in it, report it stolen!

 

I wathched the auction live and there was spirited bidding from all over the country finishing off at $15600. Copart announced the car as a running and driving example. It also had a clean carfax with mileage continuity from the 90's. No matter there was certainly at least a $15k collection of parts and possibly a winner crossing the block today. I only wish I enough time to get properly informed as to the condition.

 

Totally agree. At $15600, that interior looks great...and you never know. That's worth the gamble.

 

Can Mr. Barnes account for his whereabouts yesterday afternoon?

"running and driving" is a very loose definition. If the car can move under it's own power AT ALL regardless of noises, smoke, anything it can be called this.
I just finished a Subaru engine job for a "R&D" Copart auction car. One piston was in a zillion pieces, the connecting rod was in four, all in the oil pan. It would start and run and could be driven, with oil spewing from the tailpipe and unbelievable clouds of smoke. It made no noise but had an obvious miss. I expected a holed piston but was flabbergasted to see what was inside.
I hope the winner of this auction is luckier.
Any F-chat history for this car?

 

I have purchased CoPart cars previously. The prior post is correct. Run and Drive means it goes forward 3 feet, and reverse 3 feet. Not really test driven.

Additional note: You have to specify "NO FORK" so that CoPart DOES NOT USE FORK LIFT if you want the underside of the car to avoid possible damage. The M3 I purchased had fork marks/scrapes going end to end front to rear. Luckily it missed anything critical, but could have damaged the dual exhaust for sure.

 

Wish I had known this. A BMW I bought had been forked over pretty well, broken stabilizer bar links.

 

Has anyone seen this car or planning on looking at it?

 

Theft is another common reason for the salvage title, at least in Texas. In Texas, a salvage title has to be an insurance recovery---so if some accident were to befall a car, if it were not insured it would not necessarily be totaled...Lee