'05 612 on Copart...front end damage

http://www.copart.com/c2/car_auction_search_results.html?_eventId=getLot&execution=e1s3&lotId=25485731

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Why would that render a Salvage Title? Flood damage too maybe?

 

I question that as well.

I'm not sure what a '05 is worth these days but I imagine it wouldn't take too much F-priced repairs to hit the salvage/total tipping point, 50% of value?

I noticed in the pic below that the driver's door fit is out of alignment. Maybe the door just isn't fully closed or maybe there is more underlying damage than we see at first glance.
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Maybe it needs a major. Or perhaps it's all used up at 30 something thousand miles.

 

It almost looks to me as though the door isn't fully closed as the window appears to be open a bit.

 

This is very tempting but once it's fixed I bet you'd have a hard time selling it for much more than $50-$75k since it will have a salvage title.

 

It just sold for $45k.

 

This shows auction still in progress, not a real-time update on this screen?
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If you wanted to buy it and keep it, it would be a great deal-- especially if you could fix it yourself. To resell it and make money would be more difficult.

It obviously wasn't much of a hit, since it didn't even touch the front wheel.

 

Back on Copart.

I've only heard of one person that bought something and he got burned.

I'm telling ya this doesn't pass the sniff test.

 

Now shows current bid as only $150 and sale date of 11/23.

 

Something is off here...that damage is not all that bad...anyone know more?

 

Granted the damage isn't bad appearance wise but it would probably still cost $30k+ to fix at any reputable body shop especially if the front quarter has been pushed into the door or the A pillar is tweaked. If it sells for $50k it becomes a $80k car with 36k miles (which consequently is indicated as being "not actual."). Not sure how much a 36k (or unknown) mileage 612 would be worth in perfect condition. $100k? So you're not far off if you're in it $80k with repairs with a salvage title. Not really worth it unless you can fix it yourself (like someone else mentioned) and plan to keep it.