(especially with a used 355), but has anyone checked this one out? http://phoenix.craigslist.org/nph/cto/1854421785.html
At that price though (I'll bet you could get it closer to 30K) it would be a fun ride to own assuming it were repaired properly. Ride it like you stole it for awhile and realize you could probably always get in the mid 20s for it later...
+1 It depends a lot on why it's salvage. It doesn't always mean major damage. There isn't much rhyme or reason behind how insurance companies label their titles after an accident. My winter beater Audi Coupe was purchased (by me) at an insurance auction with a salvage title. The extent of the damage? It needed a new front fender and bumper, thats it. My friend rebuilt a Porsche 928 with a salvage title due to an engine fire. The fire was so minor there was no paint damage. Ive also seen cars rolled into a ball, the damage is so bad you only know the make by finding the hood badge with 100% clean titles. There is a used car lot in my town that excels at buying wrecks for rebuilds. At one time I was visiting their body shop when two Pontiacs were being welded into one (one donor had front damage, the other rear..) Guess what, the car hit in the rear had a clean title, take a wild guess which VIN they were going to use. The car was resold with a 100% clean title, which means zero disclosure required to the new buyer. Carfax showed no accident history.
I know that car. The previous owner couldn't find an apex if it had a homing device. The car has had several serious wrecks. I believe the last one may have involved a large stationary object. Spend a bit more and get a good car.
You never know until you see it in person and drive the car. A PPI would be even better. Like you said, you usually get what you paid for, but there are exceptions.
