Elite Motor Cars-Bronx, NY | FerrariChat

Elite Motor Cars-Bronx, NY

Discussion in 'New York Tri-State' started by benedict, Jan 9, 2009.

This site may earn a commission from merchant affiliate links, including eBay, Amazon, Skimlinks, and others.

  1. benedict

    benedict Formula Junior

    Nov 6, 2003
    744
    NJ
    Full Name:
    Ben
    Anyone familiar with this company? They seem to specialize in lightly damaged exotics, some even retaining clean title. Prices are certainly tempting (ie a 2006 Gallardo E-Gear Spider with less than 15k miles is being offered for $108k!)
     
  2. Bavarian Motorist

    Bavarian Motorist Formula Junior

    Apr 10, 2007
    943
    Westchester/NYC
    Full Name:
    Mike
    Ick...would you really wanna touch a salvage car? That Spyder you're referring to looks ugly, and I don't mean the paint color.
     
  3. Black355

    Black355 F1 Veteran

    Feb 3, 2004
    5,255
    10036
    Full Name:
    Emil
  4. wassabihg

    wassabihg Formula 3

    Feb 6, 2006
    1,292
    You can buy one for around 125-135K without clean title, why bother?
     
  5. DonJuan348

    DonJuan348 F1 Rookie
    Owner

    Aug 5, 2008
    4,442
    Taxing Jersey
    If the price is right and you really dont plan on selling, why not buy a salvage. ESPECIALLY if you can do the work yourself...PLUS everyone wants one of these cars...someone will buy it from you if offered at the right price....

    i have bought repaired and sold a few cars, mostly 911


    ITS ONLY WORTH IT, IF YOUR TOTAL INVESTMENT IS LESS THAN YOU CAN BUY THE CAR FOR...

    my 2c
     
  6. Mr.Chairman

    Mr.Chairman F1 Rookie

    Mar 21, 2008
    2,987
    New Jersey
    Full Name:
    Robbie
    Be very careful when buying a salvage title car. Some sellers charge big dollars for these cars so what you end up with after all said and done is close to paying for a car that had a clean title. Try to buy salvage cars / damaged cars from the car owner. You should never and I mean never be in for more than half of the current market value (after all said and done - buying car, parts and labor to fix). Never buy a salvage title car that has been already rebuilt. You don't know what happened to the car, you'll never get a straight answer for what happened, and the outfit that fixed this car is really worried about his bottom line profit at the end. I bought a damaged Ferarri - 1990 TR that was damaged pretty good and the owner no longer wanted the car. I was at the right place at the right time. Paid a great price and got a great car with a clean title to find out later on that the title was washed and was one time a salvage title car. No biggie for me because I fixed her up and I am only 26K-27K deep in this car - complete. Keep in minds these cars are keepers and drivers. No one is really interested in buying these cars for 75% - 80% of market value (far and few) or higher. Be patient, find a car thats damaged that a owner no longer wants or has the option to retain the salvage from his or her insurance company, fix it yourself - if your not an auto body person or do not have a very close relative with a body shop be careful. Make sure your parts are lined up was well (used parts located, prices verified etc.)

    Robbie
     
  7. chrlsstyles

    chrlsstyles Formula 3

    Jun 29, 2004
    1,154
  8. Kyle13

    Kyle13 Karting

    Jul 20, 2008
    178
    Bedford Hills, NY
    Full Name:
    Kyle Cullam
    Haha I love how it was returned to "Factory" quality. YEAH RIGHT!!!
     
  9. Sam Son

    Sam Son Karting

    May 17, 2005
    211
    Full Name:
    Mike
  10. rpps

    rpps Formula 3

    Aug 20, 2005
    1,828
    Bergen County, NJ
    Full Name:
    Richard
    What's the story behind this one?
     
  11. Bavarian Motorist

    Bavarian Motorist Formula Junior

    Apr 10, 2007
    943
    Westchester/NYC
    Full Name:
    Mike
    That's the problem with these Salvage car dealers. You just never know what happened to the previous car. If the front end was replaced, it'd lead me to believe it was so ugly that the dealer didn't believe they could sell it without dressing it up.
     
  12. Black355

    Black355 F1 Veteran

    Feb 3, 2004
    5,255
    10036
    Full Name:
    Emil
    Seriously?
     
  13. dwhite

    dwhite F1 Rookie

    One mans garbage is another mans treasure. There is a sucker born every minute. It was put back to factory specs. How many other idioms do you want for not buying a salvage exotic. Do you eat food from the trash bin?
     
  14. sjmst

    sjmst F1 Veteran
    Lifetime Rossa

    Jul 31, 2003
    9,854
    Long Island, NY
    Full Name:
    Sam
    Are you saying that's bad?
     
  15. dwhite

    dwhite F1 Rookie

    Sam, only eclairs ;)
     

Share This Page